Whitbread Property Plant And Equipment Gross vs Cash 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 Property Plant And Equipment Gross and its Cash 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.
Property Plant And Equipment Gross vs Cash
Property Plant And Equipment Gross vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whitbread PLC Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Whitbread PLC's Property Plant And Equipment Gross and Cash is 0.52. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash 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 Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Whitbread PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Whitbread PLC's Property Plant And Equipment Gross and Cash go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Cash
Cash refers to the most liquid asset of Whitbread PLC, which is listed under current asset account on Whitbread PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Whitbread PLC customers. The amounts must be unrestricted with restricted cash listed in a different Whitbread PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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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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.