InterContinental Gross Profit vs Reconciled Depreciation Analysis

IHG Stock   9,868  68.00  0.69%   
InterContinental financial indicator trend analysis is infinitely more than just investigating InterContinental Hotels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterContinental Hotels is a good investment. Please check the relationship between InterContinental Gross Profit and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterContinental Hotels Group. 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.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterContinental Hotels Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between InterContinental's Gross Profit and Reconciled Depreciation is -0.22. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of InterContinental Hotels Group, assuming nothing else is changed. The correlation between historical values of InterContinental's Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of InterContinental Hotels Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., InterContinental's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of InterContinental Hotels Group minus its cost of goods sold. It is profit before InterContinental operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

Most indicators from InterContinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterContinental Hotels 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 InterContinental Hotels Group. 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 November 27, 2024, Selling General Administrative is expected to decline to about 289.5 M. In addition to that, Tax Provision is expected to decline to about 144.1 M
 2021 2022 2023 2024 (projected)
Interest Expense147M118M115M96.3M
Depreciation And Amortization192M154M150M132.2M

InterContinental fundamental ratios Correlations

-0.430.740.55-0.130.750.22-0.270.290.450.20.940.780.20.67-0.280.3-0.380.870.310.890.710.870.450.780.96
-0.430.04-0.810.73-0.810.550.53-0.71-0.910.7-0.550.110.470.290.330.37-0.31-0.690.42-0.74-0.77-0.730.36-0.74-0.31
0.740.04-0.040.390.170.540.28-0.28-0.090.570.580.760.670.780.160.74-0.470.440.740.410.180.420.850.240.8
0.55-0.81-0.04-0.870.91-0.56-0.880.940.94-0.50.590.04-0.64-0.05-0.58-0.510.190.79-0.580.820.90.79-0.480.870.47
-0.130.730.39-0.87-0.680.790.84-0.93-0.860.7-0.160.380.770.420.580.78-0.49-0.480.79-0.5-0.72-0.460.75-0.59-0.09
0.75-0.810.170.91-0.68-0.29-0.670.760.86-0.430.820.33-0.390.09-0.56-0.340.010.88-0.310.950.930.91-0.20.980.63
0.220.550.54-0.560.79-0.290.56-0.73-0.640.630.190.680.670.560.390.64-0.63-0.140.73-0.11-0.33-0.070.75-0.180.22
-0.270.530.28-0.880.84-0.670.56-0.91-0.780.4-0.290.120.820.080.560.64-0.13-0.530.78-0.56-0.71-0.540.68-0.64-0.23
0.29-0.71-0.280.94-0.930.76-0.73-0.910.86-0.560.32-0.23-0.77-0.23-0.58-0.670.370.55-0.740.590.750.54-0.680.70.23
0.45-0.91-0.090.94-0.860.86-0.64-0.780.86-0.660.52-0.07-0.64-0.22-0.48-0.490.220.78-0.60.790.860.78-0.50.80.36
0.20.70.57-0.50.7-0.430.630.4-0.56-0.660.010.520.650.850.180.65-0.57-0.180.66-0.23-0.36-0.230.7-0.350.34
0.94-0.550.580.59-0.160.820.19-0.290.320.520.010.730.060.49-0.320.2-0.390.860.190.910.710.890.320.850.82
0.780.110.760.040.380.330.680.12-0.23-0.070.520.730.470.8-0.060.5-0.780.520.560.520.270.530.690.440.75
0.20.470.67-0.640.77-0.390.670.82-0.77-0.640.650.060.470.520.380.81-0.24-0.160.98-0.2-0.4-0.190.94-0.360.3
0.670.290.78-0.050.420.090.560.08-0.23-0.220.850.490.80.52-0.060.58-0.660.350.580.310.140.310.70.170.75
-0.280.330.16-0.580.58-0.560.390.56-0.58-0.480.18-0.32-0.060.38-0.060.55-0.01-0.430.39-0.44-0.65-0.390.34-0.54-0.22
0.30.370.74-0.510.78-0.340.640.64-0.67-0.490.650.20.50.810.580.55-0.36-0.040.88-0.09-0.39-0.040.88-0.310.35
-0.38-0.31-0.470.19-0.490.01-0.63-0.130.370.22-0.57-0.39-0.78-0.24-0.66-0.01-0.36-0.21-0.32-0.180.01-0.21-0.44-0.14-0.34
0.87-0.690.440.79-0.480.88-0.14-0.530.550.78-0.180.860.52-0.160.35-0.43-0.04-0.21-0.080.970.90.980.060.880.81
0.310.420.74-0.580.79-0.310.730.78-0.74-0.60.660.190.560.980.580.390.88-0.32-0.08-0.1-0.35-0.090.98-0.270.37
0.89-0.740.410.82-0.50.95-0.11-0.560.590.79-0.230.910.52-0.20.31-0.44-0.09-0.180.97-0.10.910.990.040.950.8
0.71-0.770.180.9-0.720.93-0.33-0.710.750.86-0.360.710.27-0.40.14-0.65-0.390.010.9-0.350.910.9-0.230.910.64
0.87-0.730.420.79-0.460.91-0.07-0.540.540.78-0.230.890.53-0.190.31-0.39-0.04-0.210.98-0.090.990.90.050.910.78
0.450.360.85-0.480.75-0.20.750.68-0.68-0.50.70.320.690.940.70.340.88-0.440.060.980.04-0.230.05-0.140.51
0.78-0.740.240.87-0.590.98-0.18-0.640.70.8-0.350.850.44-0.360.17-0.54-0.31-0.140.88-0.270.950.910.91-0.140.66
0.96-0.310.80.47-0.090.630.22-0.230.230.360.340.820.750.30.75-0.220.35-0.340.810.370.80.640.780.510.66
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InterContinental Account Relationship Matchups

InterContinental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B5.0B4.7B4.2B4.8B4.0B
Other Current Liab1M854M1.1B1.3B1.3B1.4B
Total Current Liabilities1.4B1.9B1.6B1.5B2.2B1.2B
Total Stockholder Equity(1.5B)(1.9B)(1.5B)(1.6B)(2.0B)(1.9B)
Other Liab1.6B1.7B1.6B1.5B1.8B1.8B
Property Plant And Equipment Net799M504M411M437M423M401.9M
Current Deferred Revenue94M666M485M1.4B1.6B1.7B
Net Debt2.6B2.6B1.8B1.8B2.3B1.6B
Retained Earnings809M568M904M607M396M376.2M
Accounts Payable568M80M109M152M127M120.7M
Non Current Assets Total3.0B2.8B2.7B2.5B2.7B2.8B
Non Currrent Assets Other410M638M649M639M929M975.5M
Long Term Debt2.1B2.9B2.6B2.3B2.6B1.5B
Cash And Short Term Investments199M1.6B1.5B976M1.3B1.4B
Net Receivables725M334M429M524M615M417.9M
Good Will339M346M341M335M336M221.8M
Common Stock Shares Outstanding184.3M182.4M184M182M170M152.5M
Liabilities And Stockholders Equity4.0B5.0B4.7B4.2B4.8B4.0B
Non Current Liabilities Total4.1B5.0B4.6B4.3B4.6B3.0B
Other Stockholder Equity(2.4B)(2.4B)(2.6B)(2.4B)(2.5B)(2.4B)
Total Liab5.4B6.9B6.2B5.8B6.8B4.6B
Property Plant And Equipment Gross799M504M411M437M948M900.6M
Total Current Assets935M2.2B2.1B1.7B2.1B1.2B
Accumulated Other Comprehensive Income(2.4B)(2.4B)(2.6B)(2.4B)(2.5B)(2.6B)
Short Term Debt152M903M327M81M654M686.7M
Intangible Assets1.4B947M854M809M763M657.4M
Common Stock154M146M151M156M137M212.4M
Property Plant Equipment799M504M411M437M393.3M373.6M
Short Long Term Debt Total2.8B4.2B3.3B2.8B3.6B2.1B
Other Assets690M750M794M765M879.8M923.7M
Common Stock Total Equity154M146M151M53M47.7M45.3M
Net Tangible Assets(2.8B)(3.2B)(2.7B)(2.8B)(2.5B)(2.6B)
Short Long Term Debt87M869M292M55M599M629.0M
Deferred Long Term Liab67M70M72M75M67.5M63.7M
Long Term Debt Total2.5B2.7B3.3B2.9B3.4B2.7B

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When determining whether InterContinental Hotels is a strong investment it is important to analyze InterContinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InterContinental's future performance. For an informed investment choice regarding InterContinental Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterContinental Hotels Group. 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.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between InterContinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterContinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterContinental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.