InnSuites Long Term Debt Total vs Total Assets Analysis
| IHT Stock | USD 2.17 0.13 6.37% |
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 Long Term Debt Total and its Total Assets 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.
Long Term Debt Total vs Total Assets
Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InnSuites Hospitality Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between InnSuites Hospitality's Long Term Debt Total and Total Assets is 0.57. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Assets 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 Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of InnSuites Hospitality Trust are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt Total i.e., InnSuites Hospitality's Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Long Term Debt Total
Total Assets
Total assets refers to the total amount of InnSuites Hospitality assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in InnSuites Hospitality books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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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