Whitbread Total Current Assets vs Total Stockholder Equity Analysis
WTB Stock | 2,850 15.00 0.53% |
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 Total Current Assets and its Total Stockholder Equity 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.
Total Current Assets vs Total Stockholder Equity
Total Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Whitbread PLC Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Whitbread PLC's Total Current Assets and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Total Current Assets and Total Stockholder Equity 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 Current Assets of Whitbread PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Whitbread PLC's Total Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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.