Xenia Total Current Liabilities vs Asset Turnover Analysis

XHR Stock

USD 15.33 0.31 2.06%

Xenia Hotels financial indicator trend analysis is more than just analyzing Xenia Hotels Resorts current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xenia Hotels Resorts is a good investment. Please check the relationship between Xenia Hotels Total Current Liabilities and its Asset Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xenia Hotels Resorts. 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 Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xenia Hotels Resorts Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Xenia Hotels' Total Current Liabilities and Asset Turnover is -0.63. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Xenia Hotels Resorts, assuming nothing else is changed. The correlation between historical values of Xenia Hotels' Total Current Liabilities and Asset Turnover 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 Liabilities of Xenia Hotels Resorts are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., Xenia Hotels' Total Current Liabilities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Xenia Hotels balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Xenia Hotels Resorts are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from Xenia Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xenia Hotels Resorts 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 Xenia Hotels Resorts. 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.

As of 11/23/2024, Enterprise Value is likely to grow to about 3.3 B, while Selling General Administrative is likely to drop slightly above 33.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	81.3M	82.7M	85.0M	65.2M
Depreciation And Amortization	648.3M	888.7M	132.0M	125.4M

Interest Expense Depreciation And Amortization

Xenia Hotels fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Other Liab	Retained Earnings	Long Term Debt	Short Term Investments	Inventory
Total Assets		-0.01	0.14	0.7	0.25	0.33	0.12	-0.07	0.62	0.24	-0.51	-0.09	0.12	0.3	-0.36	0.15	0.14	0.57	0.15	0.16	0.11	0.0	0.3	0.08	0.11	0.13
Other Current Liab	-0.01		0.69	-0.51	-0.07	-0.55	-0.56	-0.16	-0.23	-0.35	-0.09	-0.16	-0.52	0.1	0.04	-0.3	-0.34	0.58	0.75	-0.5	0.06	0.12	-0.08	0.73	-0.06	0.16
Total Current Liabilities	0.14	0.69		-0.37	0.27	-0.77	-0.77	-0.53	-0.18	-0.77	-0.21	-0.55	-0.5	0.32	-0.04	-0.65	0.42	0.64	0.95	-0.34	-0.16	0.13	0.19	0.87	-0.33	0.12
Total Stockholder Equity	0.7	-0.51	-0.37		0.41	0.62	0.39	-0.05	0.73	0.57	-0.4	-0.08	0.3	0.44	-0.29	0.14	0.15	-0.19	-0.44	0.61	0.18	-0.47	0.52	-0.58	-0.06	-0.01
Property Plant And Equipment Net	0.25	-0.07	0.27	0.41		-0.14	-0.29	-0.61	0.41	-0.22	-0.47	-0.64	-0.09	0.93	-0.54	-0.62	0.6	-0.11	0.13	0.63	0.0	-0.44	0.83	-0.11	-0.57	-0.21
Net Debt	0.33	-0.55	-0.77	0.62	-0.14		0.89	0.32	0.18	0.68	0.27	0.35	0.63	-0.18	0.03	0.78	-0.33	-0.27	-0.77	0.3	0.11	-0.03	-0.18	-0.64	0.16	-0.18
Accounts Payable	0.12	-0.56	-0.77	0.39	-0.29	0.89		0.35	0.03	0.59	0.39	0.38	0.77	-0.33	0.14	0.75	-0.34	-0.31	-0.79	0.12	0.21	0.15	-0.33	-0.63	0.21	-0.42
Cash	-0.07	-0.16	-0.53	-0.05	-0.61	0.32	0.35		0.07	0.52	0.06	0.99	-0.04	-0.68	0.33	0.67	-0.59	-0.03	-0.26	-0.28	0.11	0.31	-0.64	-0.2	0.86	0.23
Non Current Assets Total	0.62	-0.23	-0.18	0.73	0.41	0.18	0.03	0.07		0.52	-0.89	-0.01	0.06	0.48	-0.36	-0.07	0.06	0.03	-0.14	0.48	0.19	-0.38	0.6	-0.33	0.25	0.09
Non Currrent Assets Other	0.24	-0.35	-0.77	0.57	-0.22	0.68	0.59	0.52	0.52		-0.17	0.5	0.37	-0.16	-0.05	0.55	-0.61	-0.34	-0.68	0.35	0.35	-0.34	-0.07	-0.7	0.46	0.12
Other Assets	-0.51	-0.09	-0.21	-0.4	-0.47	0.27	0.39	0.06	-0.89	-0.17		0.14	0.25	-0.54	0.41	0.38	-0.18	-0.25	-0.26	-0.32	-0.08	0.29	-0.64	-0.03	-0.19	-0.17
Cash And Short Term Investments	-0.09	-0.16	-0.55	-0.08	-0.64	0.35	0.38	0.99	-0.01	0.5	0.14		-0.02	-0.72	0.31	0.7	-0.6	-0.03	-0.28	-0.3	0.12	0.35	-0.69	-0.21	0.84	0.21
Net Receivables	0.12	-0.52	-0.5	0.3	-0.09	0.63	0.77	-0.04	0.06	0.37	0.25	-0.02		-0.11	-0.01	0.48	-0.02	-0.22	-0.58	0.33	-0.03	0.24	-0.12	-0.42	-0.08	-0.67
Good Will	0.3	0.1	0.32	0.44	0.93	-0.18	-0.33	-0.68	0.48	-0.16	-0.54	-0.72	-0.11		-0.53	-0.68	0.45	-0.07	0.16	0.6	0.04	-0.51	0.93	-0.09	-0.64	-0.24
Common Stock Shares Outstanding	-0.36	0.04	-0.04	-0.29	-0.54	0.03	0.14	0.33	-0.36	-0.05	0.41	0.31	-0.01	-0.53		0.32	-0.23	-0.15	0.02	-0.56	-0.04	0.18	-0.54	0.18	0.25	0.05
Non Current Liabilities Total	0.15	-0.3	-0.65	0.14	-0.62	0.78	0.75	0.67	-0.07	0.55	0.38	0.7	0.48	-0.68	0.32		-0.56	0.03	-0.5	-0.2	0.02	0.43	-0.66	-0.25	0.57	-0.02
Other Current Assets	0.14	-0.34	0.42	0.15	0.6	-0.33	-0.34	-0.59	0.06	-0.61	-0.18	-0.6	-0.02	0.45	-0.23	-0.56		0.03	0.26	0.29	-0.31	-0.02	0.49	0.16	-0.48	-0.14
Total Liab	0.57	0.58	0.64	-0.19	-0.11	-0.27	-0.31	-0.03	0.03	-0.34	-0.25	-0.03	-0.22	-0.07	-0.15	0.03	0.03		0.73	-0.49	-0.05	0.54	-0.17	0.79	0.22	0.19
Total Current Assets	0.15	0.75	0.95	-0.44	0.13	-0.77	-0.79	-0.26	-0.14	-0.68	-0.26	-0.28	-0.58	0.16	0.02	-0.5	0.26	0.73		-0.44	-0.16	0.25	0.02	0.93	-0.07	0.23
Intangible Assets	0.16	-0.5	-0.34	0.61	0.63	0.3	0.12	-0.28	0.48	0.35	-0.32	-0.3	0.33	0.6	-0.56	-0.2	0.29	-0.49	-0.44		-0.25	-0.52	0.62	-0.61	-0.37	-0.25
Short Long Term Debt Total	0.11	0.06	-0.16	0.18	0.0	0.11	0.21	0.11	0.19	0.35	-0.08	0.12	-0.03	0.04	-0.04	0.02	-0.31	-0.05	-0.16	-0.25		-0.22	0.04	-0.24	0.18	0.13
Other Liab	0.0	0.12	0.13	-0.47	-0.44	-0.03	0.15	0.31	-0.38	-0.34	0.29	0.35	0.24	-0.51	0.18	0.43	-0.02	0.54	0.25	-0.52	-0.22		-0.6	0.48	0.28	-0.33
Retained Earnings	0.3	-0.08	0.19	0.52	0.83	-0.18	-0.33	-0.64	0.6	-0.07	-0.64	-0.69	-0.12	0.93	-0.54	-0.66	0.49	-0.17	0.02	0.62	0.04	-0.6		-0.22	-0.57	-0.11
Long Term Debt	0.08	0.73	0.87	-0.58	-0.11	-0.64	-0.63	-0.2	-0.33	-0.7	-0.03	-0.21	-0.42	-0.09	0.18	-0.25	0.16	0.79	0.93	-0.61	-0.24	0.48	-0.22		-0.01	0.18
Short Term Investments	0.11	-0.06	-0.33	-0.06	-0.57	0.16	0.21	0.86	0.25	0.46	-0.19	0.84	-0.08	-0.64	0.25	0.57	-0.48	0.22	-0.07	-0.37	0.18	0.28	-0.57	-0.01		0.4
Inventory	0.13	0.16	0.12	-0.01	-0.21	-0.18	-0.42	0.23	0.09	0.12	-0.17	0.21	-0.67	-0.24	0.05	-0.02	-0.14	0.19	0.23	-0.25	0.13	-0.33	-0.11	0.18	0.4

Click cells to compare fundamentals

Xenia Hotels Account Relationship Matchups

Xenia Hotels fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	3.1B	3.1B	3.1B	2.9B	2.5B
Other Current Liab	31.8M	202K	86.4M	11.5M	10.8M	10.2M
Total Current Liabilities	120.0M	62.9M	86.4M	118.6M	118.7M	153.1M
Total Stockholder Equity	1.7B	1.6B	1.4B	1.4B	1.3B	1.3B
Property Plant And Equipment Net	46.2M	22.6M	19.6M	18.7M	17.8M	16.9M
Net Debt	1.2B	984.7M	976.9M	1.1B	1.2B	1.1B
Accounts Payable	88.2M	62.7M	84.1M	107.1M	102.4M	88.4M
Cash	110.8M	389.8M	517.4M	305.1M	164.7M	211.4M
Non Current Assets Total	3.0B	2.6B	2.5B	2.7B	4.9M	4.7M
Non Currrent Assets Other	3.0B	2.6B	2.4B	2.7B	26.5M	25.2M
Other Assets	29.9M	44.4M	136.6M	130.8M	2.6B	2.8B
Cash And Short Term Investments	110.8M	389.8M	517.4M	305.1M	223.1M	216.8M
Net Receivables	36.5M	9.0M	28.5M	37.6M	32.4M	30.2M
Good Will	39.8M	34.4M	25.0M	4.9M	4.4M	4.1M
Common Stock Shares Outstanding	112.9M	113.5M	113.8M	114.4M	108.4M	122.4M
Non Current Liabilities Total	1.4B	1.4B	1.6B	1.5B	1.5B	1.5B
Other Current Assets	(231.5M)	(437.8M)	(582.8M)	(403.5M)	58.3M	55.4M
Total Liab	1.5B	1.5B	1.6B	1.6B	1.6B	1.2B
Total Current Assets	231.5M	437.8M	617.4M	403.5M	258.0M	373.3M
Intangible Assets	29.0M	1.6M	596K	210K	48K	45.6K
Short Long Term Debt Total	1.3B	1.4B	1.5B	1.4B	1.4B	1.1B
Other Liab	42.6M	36.3M	68.6M	52.5M	60.4M	48.8M
Retained Earnings	(318.4M)	(513.0M)	(656.5M)	(623.2M)	(647.2M)	(679.6M)
Long Term Debt	1.3B	1.4B	1.5B	1.4B	1.4B	1.5B
Short Term Investments	13.0M	13K	2.4B	2.6B	2.5M	2.4M
Liabilities And Stockholders Equity	3.3B	3.1B	3.1B	3.1B	2.9B	2.5B
Inventory	(13.0M)	(13K)	476.7M	1.0	(2.5M)	(2.4M)
Other Stockholder Equity	2.1B	2.6B	2.7B	2.1B	1.9B	2.4B
Accumulated Other Comprehensive Income	(4.6M)	(14.4M)	(4.1M)	(623.2M)	2.4M	2.6M
Net Tangible Assets	1.7B	1.5B	1.4B	1.4B	1.3B	1.3B
Short Term Debt	4.4M	4.7M	4.7M	5.5M	5.5M	5.2M
Common Stock	1.1M	1.1M	1.1M	1.1M	1.0M	884.3K
Property Plant Equipment	2.9B	2.6B	2.4B	2.6B	3.0B	2.9B
Current Deferred Revenue	(4.4M)	(4.7M)	(88.7M)	(5.5M)	(6.4M)	(6.7M)
Noncontrolling Interest In Consolidated Entity	36.1M	12.8M	7.1M	18.8M	16.9M	17.2M
Common Stock Total Equity	1.1M	1.1M	1.1M	1.1M	1.3M	1.2M
Retained Earnings Total Equity	(318.4M)	(513.0M)	(656.5M)	(623.2M)	(560.9M)	(588.9M)
Long Term Debt Total	1.3B	1.4B	1.5B	1.4B	1.6B	1.4B

Pair Trading with Xenia Hotels

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Xenia Hotels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Xenia Hotels will appreciate offsetting losses from the drop in the long position's value.

Moving together with Xenia Stock

0.63	UE	Urban Edge Properties	Pair Corr
0.7	EQIX	Equinix	Pair Corr

Moving against Xenia Stock

0.6	NTST	Netstreit Corp	Pair Corr
0.45	HPP	Hudson Pacific Properties Buyout Trend	Pair Corr

The ability to find closely correlated positions to Xenia Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xenia Hotels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Xenia Hotels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Xenia Hotels Resorts to buy it.

The correlation of Xenia Hotels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Xenia Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xenia Hotels Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Xenia Hotels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Xenia Stock Analysis

When running Xenia Hotels' price analysis, check to measure Xenia Hotels' 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 Xenia Hotels is operating at the current time. Most of Xenia Hotels' value examination focuses on studying past and present price action to predict the probability of Xenia Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xenia Hotels' price. Additionally, you may evaluate how the addition of Xenia Hotels to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC