Ashford Property Plant And Equipment Net vs Inventory Analysis

AHT Stock  USD 8.98  1.57  21.19%   
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 Property Plant And Equipment Net and its Inventory 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 closely tied with the direction of predictive economic indicators such as signals in rate.

Property Plant And Equipment Net vs Inventory

Property Plant And Equipment Net vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashford Hospitality Trust Property Plant And Equipment Net account and Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ashford Hospitality's Property Plant And Equipment Net and Inventory is 0.37. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Inventory 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 Property Plant And Equipment Net and Inventory 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 Net of Ashford Hospitality Trust are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Net i.e., Ashford Hospitality's Property Plant And Equipment Net and Inventory go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Inventory

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 closely tied 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 Revenue697.0M953.2M1.2B674.5M
Depreciation And Amortization917.5M1.2B1.3B1.4B

Ashford Hospitality fundamental ratios Correlations

0.450.09-0.070.110.93-0.040.77-0.410.280.450.920.940.60.920.080.930.920.020.67-0.310.990.610.750.770.58
0.450.0-0.52-0.420.150.250.03-0.570.860.840.130.270.010.13-0.220.130.370.38-0.050.570.450.070.160.180.04
0.090.00.46-0.230.13-0.18-0.070.2-0.3-0.140.140.240.070.14-0.270.140.20.120.11-0.380.130.070.070.370.08
-0.07-0.520.46-0.060.12-0.20.080.24-0.71-0.580.170.06-0.160.13-0.110.14-0.05-0.080.26-0.650.0-0.19-0.180.440.03
0.11-0.42-0.23-0.060.3-0.180.170.16-0.43-0.460.270.20.640.320.820.320.18-0.820.54-0.560.030.590.54-0.050.4
0.930.150.130.120.3-0.230.84-0.27-0.070.130.990.960.671.00.21.00.9-0.140.78-0.550.910.660.750.840.56
-0.040.25-0.18-0.2-0.18-0.23-0.370.170.520.52-0.24-0.2-0.23-0.29-0.09-0.23-0.290.13-0.080.36-0.02-0.26-0.23-0.30.11
0.770.03-0.070.080.170.84-0.37-0.39-0.10.030.830.770.610.85-0.060.840.70.120.55-0.430.740.620.680.750.3
-0.41-0.570.20.240.16-0.270.17-0.39-0.39-0.33-0.25-0.35-0.27-0.280.09-0.26-0.46-0.16-0.04-0.21-0.39-0.33-0.37-0.430.01
0.280.86-0.3-0.71-0.43-0.070.52-0.1-0.390.94-0.090.05-0.11-0.1-0.25-0.080.130.43-0.210.740.28-0.060.02-0.160.02
0.450.84-0.14-0.58-0.460.130.520.03-0.330.940.120.25-0.070.09-0.260.110.260.41-0.040.580.46-0.030.090.040.2
0.920.130.140.170.270.99-0.240.83-0.25-0.090.120.950.610.990.191.00.89-0.140.75-0.560.910.590.70.850.55
0.940.270.240.060.20.96-0.20.77-0.350.050.250.950.690.960.120.960.94-0.080.76-0.50.920.690.780.830.62
0.60.010.07-0.160.640.67-0.230.61-0.27-0.11-0.070.610.690.680.30.680.64-0.290.71-0.550.510.990.950.40.58
0.920.130.140.130.321.0-0.290.85-0.28-0.10.090.990.960.680.211.00.91-0.150.77-0.570.890.670.760.840.56
0.08-0.22-0.27-0.110.820.2-0.09-0.060.09-0.25-0.260.190.120.30.210.210.17-0.970.38-0.330.030.270.3-0.080.29
0.930.130.140.140.321.0-0.230.84-0.26-0.080.111.00.960.681.00.210.9-0.160.78-0.570.910.660.760.840.57
0.920.370.2-0.050.180.9-0.290.7-0.460.130.260.890.940.640.910.170.9-0.110.6-0.370.910.650.770.770.52
0.020.380.12-0.08-0.82-0.140.130.12-0.160.430.41-0.14-0.08-0.29-0.15-0.97-0.16-0.11-0.390.480.06-0.25-0.260.06-0.29
0.67-0.050.110.260.540.78-0.080.55-0.04-0.21-0.040.750.760.710.770.380.780.6-0.39-0.750.620.690.710.610.71
-0.310.57-0.38-0.65-0.56-0.550.36-0.43-0.210.740.58-0.56-0.5-0.55-0.57-0.33-0.57-0.370.48-0.75-0.3-0.52-0.51-0.52-0.52
0.990.450.130.00.030.91-0.020.74-0.390.280.460.910.920.510.890.030.910.910.060.62-0.30.510.680.790.55
0.610.070.07-0.190.590.66-0.260.62-0.33-0.06-0.030.590.690.990.670.270.660.65-0.250.69-0.520.510.960.410.56
0.750.160.07-0.180.540.75-0.230.68-0.370.020.090.70.780.950.760.30.760.77-0.260.71-0.510.680.960.490.65
0.770.180.370.44-0.050.84-0.30.75-0.43-0.160.040.850.830.40.84-0.080.840.770.060.61-0.520.790.410.490.3
0.580.040.080.030.40.560.110.30.010.020.20.550.620.580.560.290.570.52-0.290.71-0.520.550.560.650.3
Click cells to compare fundamentals

Ashford Hospitality Account Relationship Matchups

Ashford Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B3.7B4.1B3.9B3.5B3.2B
Property Plant And Equipment Net50.0M45.0M44.6M43.9M44.0M41.8M
Non Currrent Assets Other17.9M23.3M16.2M(727.5M)3.1B3.2B
Other Assets19.2M3.6B188.9M283.6M3.2B3.4B
Common Stock Shares Outstanding998.4K1.6M21.8M34.3M3.5M3.3M
Liabilities And Stockholders Equity4.7B3.7B4.1B3.9B3.5B3.2B
Total Liab4.4B4.0B4.1B4.0B3.7B2.6B
Short Long Term Debt Total7.4B6.6B7.1B3.9B3.5B3.5B
Other Current Liab29.9M113.1M20.5M(43.8M)14.7M15.4M
Total Stockholder Equity268.8M(283.6M)(2.7M)(150.4M)(261.1M)(248.1M)
Other Liab28.0M7.5M7.0M6.3M5.7M5.4M
Net Debt3.9B3.7B3.3B3.5B3.2B2.5B
Accounts Payable134.3M100.0M117.7M116.0M129.3M85.6M
Cash262.6M92.9M592.1M417.1M311.3M219.3M
Long Term Debt4.1B3.7B3.9B3.8B3.4B2.6B
Short Term Investments14.6M263K501K3.1B13.7M13.0M
Non Current Liabilities Total4.2B3.8B3.9B3.9B3.5B2.7B
Inventory4.3M2.4M3.3M3.9M3.7M3.0M
Other Current Assets157.5M92.8M112.9M(3.0B)(390.9M)(371.4M)
Other Stockholder Equity1.5B2.1B2.4B2.5B2.4B1.5B
Retained Earnings(1.6B)(2.1B)(2.4B)(2.5B)(2.7B)(2.6B)
Non Current Assets Total4.2B3.5B3.3B3.3B3.0B3.1B
Cash And Short Term Investments277.2M92.9M592.1M417.1M311.3M239.5M
Total Current Assets506.8M233.4M789.2M663.3M414.7M478.2M
Total Current Liabilities164.3M213.1M138.1M135.7M194.9M160.9M
Net Receivables67.7M45.2M80.8M84.4M75.9M66.8M
Common Stock Total Equity1.0M1.0M644K345K396.8K376.9K
Common Stock1.0M1.0M644K345K374K694.3K
Current Deferred Revenue(3.3B)(2.9B)(3.3B)(3.0B)(2.7B)(2.6B)
Short Term Debt3.3B2.9B3.3B63.5M3.1B3.2B
Noncontrolling Interest In Consolidated Entity646K616K504K166K190.9K181.4K
Retained Earnings Total Equity(1.6B)(2.1B)(2.4B)(2.5B)(2.3B)(2.2B)
Deferred Long Term Liab2.9M1.9M5.0M2.7M3.1M2.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional 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.