Ashford Long Term Investments vs Net Debt Analysis
| AHT Stock | USD 1.32 0.03 2.22% |
Ashford Hospitality financial indicator trend analysis is way more than just evaluating Ashford Hospitality Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ashford Hospitality Trust is a good investment. Please check the relationship between Ashford Hospitality Long Term Investments and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashford Hospitality Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Long Term Investments vs Net Debt
Long Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashford Hospitality Trust Long Term Investments account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Ashford Hospitality's Long Term Investments and Net Debt is -0.82. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Ashford Hospitality Trust, assuming nothing else is changed. The correlation between historical values of Ashford Hospitality's Long Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Ashford Hospitality Trust are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Investments i.e., Ashford Hospitality's Long Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.82 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Ashford Hospitality balance sheet that represents investments Ashford Hospitality Trust intends to hold for over a year. Ashford Hospitality Trust long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Ashford Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashford Hospitality Trust 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashford Hospitality Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Ashford Hospitality's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 3.8 B in 2024, whereas Discontinued Operations is likely to drop slightly above 26.4 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 697.0M | 953.2M | 1.2B | 674.5M | Depreciation And Amortization | 218.9M | 197.1M | 187.8M | 170.3M |
Ashford Hospitality fundamental ratios Correlations
Click cells to compare fundamentals
Ashford Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ashford Hospitality fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 4.7B | 3.7B | 4.1B | 3.9B | 3.5B | 3.2B | |
| Property Plant And Equipment Net | 50.0M | 45.0M | 44.6M | 43.9M | 44.0M | 41.8M | |
| Non Currrent Assets Other | 17.9M | 23.3M | 16.2M | 3.2B | 3.1B | 3.2B | |
| Other Assets | 19.2M | 3.6B | 188.9M | 283.6M | 3.2B | 3.4B | |
| Common Stock Shares Outstanding | 998.4K | 1.6M | 21.8M | 34.3M | 34.5M | 36.2M | |
| Liabilities And Stockholders Equity | 4.7B | 3.7B | 4.1B | 3.9B | 3.5B | 3.2B | |
| Total Liab | 4.4B | 4.0B | 4.1B | 4.0B | 3.7B | 2.6B | |
| Short Long Term Debt Total | 4.2B | 3.8B | 3.9B | 3.9B | 3.5B | 2.7B | |
| Other Current Liab | 29.9M | 113.1M | 20.5M | (43.8M) | 14.7M | 15.4M | |
| Total Stockholder Equity | 268.8M | (283.6M) | (2.7M) | (150.4M) | (261.1M) | (248.1M) | |
| Other Liab | 28.0M | 7.5M | 7.0M | 6.3M | 5.7M | 5.4M | |
| Net Debt | 3.9B | 3.7B | 3.3B | 3.5B | 3.2B | 2.5B | |
| Accounts Payable | 134.3M | 100.0M | 117.7M | 116.0M | 129.3M | 85.6M | |
| Cash | 262.6M | 92.9M | 592.1M | 417.1M | 311.3M | 219.3M | |
| Long Term Debt | 4.1B | 3.7B | 3.9B | 3.8B | 3.4B | 2.6B | |
| Short Term Investments | 14.6M | 263K | 501K | 3.1B | 13.7M | 13.0M | |
| Non Current Liabilities Total | 4.2B | 3.8B | 3.9B | 3.9B | 3.5B | 2.7B | |
| Inventory | 4.3M | 2.4M | 3.3M | 3.9M | 3.7M | 3.0M | |
| Other Current Assets | 157.5M | 92.8M | 112.9M | (3.0B) | (390.9M) | (371.4M) | |
| Other Stockholder Equity | 1.8B | 1.8B | 2.4B | 2.4B | 2.4B | 1.5B | |
| Retained Earnings | (1.6B) | (2.1B) | (2.4B) | (2.5B) | (2.7B) | (2.6B) | |
| Non Current Assets Total | 4.2B | 3.5B | 3.3B | 3.3B | 3.0B | 3.1B | |
| Cash And Short Term Investments | 277.2M | 92.9M | 592.1M | 417.1M | 311.3M | 239.5M | |
| Total Current Assets | 506.8M | 233.4M | 789.2M | 663.3M | 414.7M | 478.2M | |
| Total Current Liabilities | 164.3M | 213.1M | 138.1M | 135.7M | 194.9M | 160.9M | |
| Net Receivables | 67.7M | 45.2M | 80.8M | 84.4M | 75.9M | 66.8M | |
| Common Stock Total Equity | 1.0M | 1.0M | 644K | 345K | 396.8K | 376.9K | |
| Common Stock | 1.0M | 1.0M | 644K | 345K | 374K | 694.3K | |
| Current Deferred Revenue | (3.3B) | (2.9B) | (3.3B) | (3.0B) | (2.7B) | (2.6B) | |
| Short Term Debt | 3.3B | 2.9B | 3.3B | 63.5M | 3.1B | 3.2B | |
| Noncontrolling Interest In Consolidated Entity | 646K | 616K | 504K | 166K | 190.9K | 181.4K | |
| Retained Earnings Total Equity | (1.6B) | (2.1B) | (2.4B) | (2.5B) | (2.3B) | (2.2B) | |
| Deferred Long Term Liab | 2.9M | 1.9M | 5.0M | 2.7M | 3.1M | 2.5M |
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
| 0.78 | EQIX | Equinix | PairCorr |
Moving against Ashford Stock
| 0.75 | BDN | Brandywine Realty Trust | PairCorr |
| 0.75 | BRT | BRT Realty Trust Potential Growth | PairCorr |
| 0.69 | AVB | AvalonBay Communities | PairCorr |
| 0.65 | AIV | Apartment Investment and | PairCorr |
| 0.63 | ELME | Elme Communities | 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashford Hospitality Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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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 (3.13) | Revenue Per Share 37.741 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0179 | 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.