Choice Accounts Payable vs Intangible Assets Analysis

CHH Stock  USD 118.40  1.66  1.38%   
Choice Hotels financial indicator trend analysis is way more than just evaluating Choice Hotels Intern prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Choice Hotels Intern is a good investment. Please check the relationship between Choice Hotels Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Choice Hotels International. 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.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Choice Hotels Intern Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Choice Hotels' Accounts Payable and Intangible Assets is 0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Choice Hotels International, assuming nothing else is changed. The correlation between historical values of Choice Hotels' Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Choice Hotels International are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Choice Hotels' Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Choice Hotels obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Choice Hotels Intern are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Choice Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Choice Hotels Intern 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 Choice Hotels International. 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.
As of now, Choice Hotels' Enterprise Value Over EBITDA is increasing as compared to previous years. The Choice Hotels' current Enterprise Value Multiple is estimated to increase to 14.54, while Selling General Administrative is projected to decrease to under 178.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit599.6M700.1M690.3M346.3M
Total Revenue1.1B1.4B1.5B1.6B

Choice Hotels fundamental ratios Correlations

0.90.890.90.660.90.860.950.64-0.080.980.69-0.090.960.77-0.330.860.630.12-0.790.950.910.340.760.940.6
0.90.660.890.290.730.950.840.83-0.080.880.53-0.10.890.55-0.450.920.66-0.05-0.860.980.830.270.80.860.47
0.890.660.750.720.770.660.90.35-0.140.870.77-0.150.890.81-0.350.710.550.32-0.70.780.730.30.550.840.71
0.90.890.750.480.80.870.890.67-0.130.90.43-0.140.870.53-0.340.710.81-0.17-0.810.90.890.20.950.870.44
0.660.290.720.480.810.280.620.03-0.020.650.49-0.020.530.70.220.270.230.18-0.190.390.660.230.410.630.37
0.90.730.770.80.810.760.810.5-0.260.930.54-0.260.790.740.060.630.55-0.09-0.530.760.970.080.750.920.39
0.860.950.660.870.280.760.810.81-0.380.90.5-0.390.870.58-0.340.860.76-0.17-0.830.940.86-0.010.790.90.41
0.950.840.90.890.620.810.810.6-0.10.930.6-0.10.950.68-0.490.790.620.1-0.890.90.820.320.740.910.56
0.640.830.350.670.030.50.810.6-0.150.650.28-0.160.660.36-0.40.760.54-0.01-0.720.780.60.120.620.690.06
-0.08-0.08-0.14-0.13-0.02-0.26-0.38-0.1-0.15-0.28-0.011.0-0.14-0.23-0.26-0.04-0.460.420.09-0.08-0.310.88-0.13-0.360.11
0.980.880.870.90.650.930.90.930.65-0.280.66-0.290.950.78-0.240.830.70.01-0.770.930.950.140.780.980.54
0.690.530.770.430.490.540.50.60.28-0.010.66-0.020.680.82-0.360.720.30.51-0.50.650.50.380.240.580.75
-0.09-0.1-0.15-0.14-0.02-0.26-0.39-0.1-0.161.0-0.29-0.02-0.15-0.24-0.26-0.05-0.470.410.09-0.1-0.320.87-0.14-0.370.1
0.960.890.890.870.530.790.870.950.66-0.140.950.68-0.150.72-0.460.90.650.13-0.870.960.820.310.690.910.66
0.770.550.810.530.70.740.580.680.36-0.230.780.82-0.240.72-0.10.650.410.36-0.480.640.670.210.360.770.67
-0.33-0.45-0.35-0.340.220.06-0.34-0.49-0.4-0.26-0.24-0.36-0.26-0.46-0.1-0.55-0.16-0.320.77-0.5-0.02-0.48-0.15-0.2-0.42
0.860.920.710.710.270.630.860.790.76-0.040.830.72-0.050.90.65-0.550.480.25-0.840.950.680.370.530.790.61
0.630.660.550.810.230.550.760.620.54-0.460.70.3-0.470.650.41-0.160.48-0.35-0.610.670.72-0.210.820.710.26
0.12-0.050.32-0.170.18-0.09-0.170.1-0.010.420.010.510.410.130.36-0.320.25-0.35-0.060.08-0.230.61-0.4-0.010.31
-0.79-0.86-0.7-0.81-0.19-0.53-0.83-0.89-0.720.09-0.77-0.50.09-0.87-0.480.77-0.84-0.61-0.06-0.89-0.62-0.29-0.65-0.75-0.52
0.950.980.780.90.390.760.940.90.78-0.080.930.65-0.10.960.64-0.50.950.670.08-0.890.830.320.770.890.58
0.910.830.730.890.660.970.860.820.6-0.310.950.5-0.320.820.67-0.020.680.72-0.23-0.620.830.020.870.940.38
0.340.270.30.20.230.08-0.010.320.120.880.140.380.870.310.21-0.480.37-0.210.61-0.290.320.020.080.050.45
0.760.80.550.950.410.750.790.740.62-0.130.780.24-0.140.690.36-0.150.530.82-0.4-0.650.770.870.080.760.23
0.940.860.840.870.630.920.90.910.69-0.360.980.58-0.370.910.77-0.20.790.71-0.01-0.750.890.940.050.760.44
0.60.470.710.440.370.390.410.560.060.110.540.750.10.660.67-0.420.610.260.31-0.520.580.380.450.230.44
Click cells to compare fundamentals

Choice Hotels Account Relationship Matchups

Choice Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.9B2.1B2.4B2.5B
Short Long Term Debt Total872.9M1.1B1.1B1.3B1.7B1.8B
Other Current Liab173.3M111.6M191.2M221.4M199.6M209.6M
Total Current Liabilities325.9M255.8M570.3M435.9M942.7M989.8M
Total Stockholder Equity(23.5M)(5.8M)265.9M154.7M35.6M37.4M
Property Plant And Equipment Net375.6M352.6M411.6M496.3M598.9M628.8M
Net Debt839.1M836.7M584.4M1.2B1.7B1.7B
Retained Earnings968.8M1.0B1.3B1.6B1.8B1.8B
Accounts Payable73.4M83.3M81.2M118.9M131.3M137.8M
Cash33.8M234.8M511.6M41.6M26.8M25.4M
Non Current Assets Total1.2B1.2B1.2B1.8B2.1B2.2B
Non Currrent Assets Other200.5M184.2M156.5M146.6M151.9M97.4M
Cash And Short Term Investments33.8M234.8M511.6M41.6M26.8M25.4M
Net Receivables141.6M149.9M153.1M216.6M230.9M242.5M
Good Will80.8M169.0M159.2M218.7M220.2M110.8M
Common Stock Shares Outstanding55.7M55.5M55.9M55.1M50.7M57.5M
Liabilities And Stockholders Equity1.4B1.6B1.9B2.1B2.4B2.5B
Non Current Liabilities Total1.1B1.3B1.1B1.5B1.4B1.5B
Other Current Assets61.3M48.2M96.9M89.7M4.2M4.0M
Other Stockholder Equity(988.7M)(1.0B)(1.0B)(1.4B)(1.7B)(1.6B)
Total Liab1.4B1.6B1.7B1.9B2.4B2.5B
Property Plant And Equipment Gross405.3M372.9M411.6M496.3M879.4M923.4M
Total Current Assets236.6M432.9M761.7M347.9M296.5M218.1M
Accumulated Other Comprehensive Income(4.6M)(4.6M)(4.6M)(5.2M)(5.7M)(6.0M)
Short Term Debt7.5M10.6M216.4M3.0M503.5M528.7M
Intangible Assets290.4M303.7M312.4M742.2M811.1M851.6M
Other Liab218.9M265.8M216.0M240.1M276.1M289.9M
Other Assets221.2M356.6M225.1M179.3M206.1M107.5M
Long Term Debt844.1M1.1B844.1M1.2B1.1B627.2M
Treasury Stock(1.2B)(1.2B)(1.3B)(1.3B)(1.1B)(1.2B)
Property Plant Equipment351.5M334.9M411.6M427.3M491.4M516.0M
Current Deferred Revenue71.6M50.3M81.5M92.7M108.3M73.8M
Net Tangible Assets(473.1M)(468.7M)(205.7M)(806.2M)(725.6M)(689.3M)
Retained Earnings Total Equity968.8M1.0B1.3B1.6B1.8B1.9B
Long Term Debt Total844.1M1.1B844.1M1.2B1.4B845.7M
Capital Surpluse231.2M233.9M259.3M298.1M342.8M192.8M

Currently Active Assets on Macroaxis

When determining whether Choice Hotels Intern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Choice Hotels' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Choice Hotels International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Choice Hotels International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Choice Hotels International. 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 Choice Hotels Intern information on this page should be used as a complementary analysis to other Choice Hotels' 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Choice Hotels' price analysis, check to measure Choice 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 Choice Hotels is operating at the current time. Most of Choice Hotels' value examination focuses on studying past and present price action to predict the probability of Choice Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choice Hotels' price. Additionally, you may evaluate how the addition of Choice Hotels to your portfolios can decrease your overall portfolio volatility.
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Is Choice Hotels' 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 Choice Hotels. If investors know Choice 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 Choice Hotels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
1.15
Earnings Share
4.67
Revenue Per Share
14.893
Quarterly Revenue Growth
0.031
The market value of Choice Hotels Intern is measured differently than its book value, which is the value of Choice that is recorded on the company's balance sheet. Investors also form their own opinion of Choice Hotels' value that differs from its market value or its book value, called intrinsic value, which is Choice Hotels' 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 Choice Hotels' market value can be influenced by many factors that don't directly affect Choice Hotels' 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 Choice Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Choice Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Choice Hotels' 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.