Ashford Hospitality Trust Stock Current Ratio
| AHT Stock | USD 1.25 0.03 2.46% |
Ashford Hospitality Trust fundamentals help investors to digest information that contributes to Ashford Hospitality's financial success or failures. It also enables traders to predict the movement of Ashford Stock. The fundamental analysis module provides a way to measure Ashford Hospitality's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ashford Hospitality stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 2.13 | 2.55 |
Ashford | Current Ratio |
Ashford Hospitality Trust Company Current Ratio Analysis
Ashford Hospitality's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ashford Hospitality Current Ratio | 4.03 X |
Most of Ashford Hospitality's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ashford Hospitality Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ashford Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Ashford Hospitality is extremely important. It helps to project a fair market value of Ashford Stock properly, considering its historical fundamentals such as Current Ratio. Since Ashford Hospitality's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ashford Hospitality's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ashford Hospitality's interrelated accounts and indicators.
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Ashford Current Ratio Historical Pattern
Today, most investors in Ashford Hospitality Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ashford Hospitality's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ashford Hospitality current ratio as a starting point in their analysis.
Ashford Hospitality Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Ashford Hospitality Trust has a Current Ratio of 4.03 times. This is 26.33% higher than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The current ratio for all United States stocks is 86.57% lower than that of the firm.
Ashford Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ashford Hospitality's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ashford Hospitality could also be used in its relative valuation, which is a method of valuing Ashford Hospitality by comparing valuation metrics of similar companies.Ashford Hospitality is currently under evaluation in current ratio category among related companies.
Ashford Fundamentals
| Return On Equity | -22.6 | ||||
| Return On Asset | 0.02 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 3.45 B | ||||
| Shares Outstanding | 39.71 M | ||||
| Shares Owned By Insiders | 1.47 % | ||||
| Shares Owned By Institutions | 29.91 % | ||||
| Number Of Shares Shorted | 2.7 M | ||||
| Price To Earning | (4.98) X | ||||
| Price To Book | 0.32 X | ||||
| Price To Sales | 0.05 X | ||||
| Revenue | 1.37 B | ||||
| Gross Profit | 296.93 M | ||||
| EBITDA | 262.72 M | ||||
| Net Income | (178.49 M) | ||||
| Cash And Equivalents | 417.06 M | ||||
| Cash Per Share | 15.91 X | ||||
| Total Debt | 3.46 B | ||||
| Current Ratio | 4.03 X | ||||
| Book Value Per Share | (9.24) X | ||||
| Cash Flow From Operations | 14.39 M | ||||
| Short Ratio | 4.70 X | ||||
| Earnings Per Share | (5.61) X | ||||
| Price To Earnings To Growth | (1.28) X | ||||
| Target Price | 3.83 | ||||
| Beta | 2.2 | ||||
| Market Capitalization | 50.53 M | ||||
| Total Asset | 3.46 B | ||||
| Retained Earnings | (2.73 B) | ||||
| Working Capital | 219.85 M | ||||
| Current Asset | 433.64 M | ||||
| Current Liabilities | 159.82 M | ||||
| Five Year Return | 10.26 % | ||||
| Net Asset | 3.46 B |
About Ashford Hospitality Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ashford Hospitality Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashford Hospitality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashford Hospitality Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ashford Hospitality
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 Ashford Hospitality 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 Ashford Hospitality will appreciate offsetting losses from the drop in the long position's value.Moving together with Ashford Stock
| 0.61 | FR | First Industrial Realty | PairCorr |
Moving against Ashford Stock
| 0.79 | EPRT | Essential Properties | PairCorr |
| 0.7 | AVB | AvalonBay Communities | PairCorr |
| 0.62 | AIV | Apartment Investment and Earnings Call This Week | PairCorr |
| 0.61 | BDN | Brandywine Realty Trust | PairCorr |
| 0.54 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Ashford Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashford Hospitality 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 Ashford Hospitality - 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 Ashford Hospitality Trust to buy it.
The correlation of Ashford Hospitality 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 Ashford Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashford Hospitality Trust 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 Ashford Hospitality 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.Check out Ashford Hospitality Piotroski F Score and Ashford Hospitality Altman Z Score analysis. Note that the Ashford Hospitality Trust information on this page should be used as a complementary analysis to other Ashford Hospitality's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Ashford Stock analysis
When running Ashford Hospitality's price analysis, check to measure Ashford Hospitality's 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 Ashford Hospitality is operating at the current time. Most of Ashford Hospitality's value examination focuses on studying past and present price action to predict the probability of Ashford Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashford Hospitality's price. Additionally, you may evaluate how the addition of Ashford Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Ashford Hospitality's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ashford Hospitality. If investors know Ashford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashford Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.61) | Revenue Per Share 39.579 | Quarterly Revenue Growth 0.007 | Return On Assets 0.02 | Return On Equity (22.60) |
The market value of Ashford Hospitality Trust is measured differently than its book value, which is the value of Ashford that is recorded on the company's balance sheet. Investors also form their own opinion of Ashford Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Ashford Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashford Hospitality's market value can be influenced by many factors that don't directly affect Ashford Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ashford Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashford Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashford Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.