Whitbread Other Current Liab vs Non Current Assets Total Analysis
WTB Stock | 2,843 35.00 1.22% |
Whitbread PLC financial indicator trend analysis is more than just analyzing Whitbread PLC current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Whitbread PLC is a good investment. Please check the relationship between Whitbread PLC Other Current Liab and its Non Current Assets Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitbread PLC. 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.
Other Current Liab vs Non Current Assets Total
Other Current Liab vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whitbread PLC Other Current Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Whitbread PLC's Other Current Liab and Non Current Assets Total is 0.32. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Whitbread PLC, assuming nothing else is changed. The correlation between historical values of Whitbread PLC's Other Current Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Whitbread PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Liab i.e., Whitbread PLC's Other Current Liab and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Whitbread PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Whitbread PLC 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whitbread PLC. 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. The current year's Tax Provision is expected to grow to about 146.6 M, whereas Selling General Administrative is forecasted to decline to about 2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 170.6M | 168.1M | 178.2M | 187.1M | Depreciation And Amortization | 326.9M | 345.5M | 383.4M | 402.6M |
Whitbread PLC fundamental ratios Correlations
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Whitbread PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Whitbread Stock
Balance Sheet is a snapshot of the financial position of Whitbread PLC at a specified time, usually calculated after every quarter, six months, or one year. Whitbread PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Whitbread PLC 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 Whitbread currently owns. An asset can also be divided into two categories, current and non-current.