| HSW Stock | | | 130.50 1.50 1.14% |
Hostelworld Group financial indicator trend analysis is much more than just examining Hostelworld Group PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hostelworld Group PLC is a good investment. Please check the relationship between Hostelworld Group Interest Expense and its Cost Of Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hostelworld Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Interest Expense vs Cost Of Revenue
Interest Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hostelworld Group PLC Interest Expense account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hostelworld Group's Interest Expense and Cost Of Revenue is -0.23. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hostelworld Group PLC, assuming nothing else is changed. The correlation between historical values of Hostelworld Group's Interest Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Hostelworld Group PLC are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Expense i.e., Hostelworld Group's Interest Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Cost Of Revenue
Cost of Revenue is found on Hostelworld Group PLC income statement and represents the costs associated with goods and services Hostelworld Group provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Hostelworld Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hostelworld Group PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hostelworld Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of December 2, 2024,
Selling General Administrative is expected to decline to about 13.3
K. In addition to that,
Tax Provision is expected to decline to about (613.3
K)
Hostelworld Group fundamental ratios Correlations
Click cells to compare fundamentals
Hostelworld Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hostelworld Group fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Hostelworld Stock
Balance Sheet is a snapshot of the
financial position of Hostelworld Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Hostelworld Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hostelworld Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hostelworld currently owns. An asset can also be divided into two categories, current and non-current.