Samhi Accounts Payable vs Good Will Analysis

SAMHI Stock   183.03  1.11  0.61%   
Samhi Hotels financial indicator trend analysis is much more than just breaking down Samhi Hotels Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Samhi Hotels Limited is a good investment. Please check the relationship between Samhi Hotels Accounts Payable and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Samhi Hotels Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Samhi Hotels Limited Accounts Payable account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Samhi Hotels' Accounts Payable and Good Will is 0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Samhi Hotels Limited, assuming nothing else is changed. The correlation between historical values of Samhi Hotels' Accounts Payable and Good Will 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 Samhi Hotels Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Samhi Hotels' Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Samhi Hotels 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 Samhi Hotels Limited 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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Samhi Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Samhi Hotels Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Samhi Hotels Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 23rd of November 2024, Selling General Administrative is likely to drop to about 344.5 M
 2021 2022 2023 2024 (projected)
Interest Expense3.4B5.2B3.5B3.8B
Depreciation And Amortization1.0B962.8M1.1B866.9M

Samhi Hotels fundamental ratios Correlations

0.49-0.180.810.810.950.48-0.780.760.531.00.20.6-0.060.950.450.890.490.3-0.15-0.10.560.780.8-0.780.7
0.49-0.410.760.50.451.0-0.720.880.740.43-0.540.850.160.590.840.570.84-0.22-0.7-0.630.840.820.69-0.72-0.01
-0.18-0.410.060.07-0.21-0.450.17-0.260.04-0.160.21-0.09-0.4-0.2-0.01-0.49-0.09-0.30.10.45-0.05-0.240.170.130.2
0.810.760.060.790.740.74-0.820.910.80.78-0.20.86-0.050.830.810.690.79-0.1-0.54-0.310.850.880.99-0.860.47
0.810.50.070.790.70.46-0.930.760.80.770.310.78-0.580.930.690.50.7-0.210.040.230.740.840.81-0.880.79
0.950.45-0.210.740.70.46-0.630.620.330.960.280.430.040.890.290.860.30.51-0.24-0.230.380.620.73-0.590.52
0.481.0-0.450.740.460.46-0.670.850.690.42-0.550.80.230.570.80.580.79-0.16-0.73-0.680.80.780.66-0.67-0.06
-0.78-0.720.17-0.82-0.93-0.63-0.67-0.92-0.91-0.720.0-0.920.41-0.91-0.84-0.59-0.870.320.11-0.03-0.89-0.97-0.80.98-0.67
0.760.88-0.260.910.760.620.85-0.920.890.7-0.340.96-0.050.820.890.720.92-0.24-0.45-0.320.940.990.86-0.950.45
0.530.740.040.80.80.330.69-0.910.890.46-0.260.98-0.410.680.970.340.98-0.63-0.250.00.980.910.78-0.930.51
1.00.43-0.160.780.770.960.42-0.720.70.460.250.53-0.040.930.370.890.410.37-0.13-0.090.480.720.77-0.720.7
0.2-0.540.21-0.20.310.28-0.550.0-0.34-0.260.25-0.34-0.60.23-0.43-0.1-0.430.330.710.68-0.4-0.22-0.130.130.49
0.60.85-0.090.860.780.430.8-0.920.960.980.53-0.34-0.250.730.980.490.99-0.5-0.38-0.171.00.960.83-0.950.44
-0.060.16-0.4-0.05-0.580.040.230.41-0.05-0.41-0.04-0.6-0.25-0.28-0.250.35-0.240.54-0.63-0.82-0.23-0.19-0.110.31-0.61
0.950.59-0.20.830.930.890.57-0.910.820.680.930.230.73-0.280.60.780.630.09-0.1-0.020.680.870.82-0.870.72
0.450.84-0.010.810.690.290.8-0.840.890.970.37-0.430.98-0.250.60.330.99-0.62-0.45-0.20.990.880.78-0.870.31
0.890.57-0.490.690.50.860.58-0.590.720.340.89-0.10.490.350.780.330.390.47-0.35-0.440.440.690.63-0.630.4
0.490.84-0.090.790.70.30.79-0.870.920.980.41-0.430.99-0.240.630.990.39-0.6-0.38-0.170.990.920.76-0.910.37
0.3-0.22-0.3-0.1-0.210.51-0.160.32-0.24-0.630.370.33-0.50.540.09-0.620.47-0.6-0.07-0.32-0.54-0.28-0.110.35-0.1
-0.15-0.70.1-0.540.04-0.24-0.730.11-0.45-0.25-0.130.71-0.38-0.63-0.1-0.45-0.35-0.38-0.070.91-0.41-0.3-0.490.180.48
-0.1-0.630.45-0.310.23-0.23-0.68-0.03-0.320.0-0.090.68-0.17-0.82-0.02-0.2-0.44-0.17-0.320.91-0.18-0.17-0.230.010.61
0.560.84-0.050.850.740.380.8-0.890.940.980.48-0.41.0-0.230.680.990.440.99-0.54-0.41-0.180.940.82-0.930.41
0.780.82-0.240.880.840.620.78-0.970.990.910.72-0.220.96-0.190.870.880.690.92-0.28-0.3-0.170.940.84-0.990.56
0.80.690.170.990.810.730.66-0.80.860.780.77-0.130.83-0.110.820.780.630.76-0.11-0.49-0.230.820.84-0.830.51
-0.78-0.720.13-0.86-0.88-0.59-0.670.98-0.95-0.93-0.720.13-0.950.31-0.87-0.87-0.63-0.910.350.180.01-0.93-0.99-0.83-0.68
0.7-0.010.20.470.790.52-0.06-0.670.450.510.70.490.44-0.610.720.310.40.37-0.10.480.610.410.560.51-0.68
Click cells to compare fundamentals

Samhi Hotels Account Relationship Matchups

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 Samhi Stock

Balance Sheet is a snapshot of the financial position of Samhi Hotels Limited at a specified time, usually calculated after every quarter, six months, or one year. Samhi Hotels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Samhi Hotels 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 Samhi currently owns. An asset can also be divided into two categories, current and non-current.