InnSuites Total Assets vs Property Plant Equipment 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 Total Assets and its Property Plant Equipment 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.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InnSuites Hospitality Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between InnSuites Hospitality's Total Assets and Property Plant Equipment is 0.6. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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 Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of InnSuites Hospitality Trust are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., InnSuites Hospitality's Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Property Plant Equipment
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
Click cells to compare fundamentals
InnSuites Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for InnSuites Stock Analysis
When running InnSuites Hospitality's price analysis, check to measure InnSuites Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnSuites Hospitality is operating at the current time. Most of InnSuites Hospitality's value examination focuses on studying past and present price action to predict the probability of InnSuites Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnSuites Hospitality's price. Additionally, you may evaluate how the addition of InnSuites Hospitality to your portfolios can decrease your overall portfolio volatility.