InnSuites Accounts Payable vs Net Debt Analysis
| IHT Stock | USD 2.13 0.09 4.41% |
InnSuites Hospitality financial indicator trend analysis is infinitely more than just investigating InnSuites Hospitality recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InnSuites Hospitality is a good investment. Please check the relationship between InnSuites Hospitality Accounts Payable and its Net Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnSuites Hospitality Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Accounts Payable vs Net Debt
Accounts Payable vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InnSuites Hospitality Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between InnSuites Hospitality's Accounts Payable and Net Debt is 0.27. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of InnSuites Hospitality Trust, assuming nothing else is changed. The correlation between historical values of InnSuites Hospitality's Accounts Payable and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of InnSuites Hospitality Trust are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., InnSuites Hospitality's Accounts Payable and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents InnSuites Hospitality obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of InnSuites Hospitality are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from InnSuites Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InnSuites Hospitality 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 InnSuites Hospitality Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, InnSuites Hospitality's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 36.3 M in 2024, despite the fact that Tax Provision is likely to grow to (1.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1M | 3.5M | 3.8M | 3.9M | Total Revenue | 6.4M | 7.1M | 7.5M | 12.5M |
InnSuites Hospitality fundamental ratios Correlations
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InnSuites Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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