InnSuites Short Long Term Debt vs Property Plant Equipment Analysis
IHT Stock | USD 1.28 0.03 2.29% |
InnSuites Hospitality financial indicator trend analysis is infinitely more than just investigating InnSuites Hospitality recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InnSuites Hospitality is a good investment. Please check the relationship between InnSuites Hospitality Short Long Term Debt and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnSuites 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.
Short Long Term Debt vs Property Plant Equipment
Short Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InnSuites Hospitality Short Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between InnSuites Hospitality's Short Long Term Debt and Property Plant Equipment is 0.37. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of InnSuites Hospitality Trust, assuming nothing else is changed. The correlation between historical values of InnSuites Hospitality's Short Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of InnSuites Hospitality Trust are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Long Term Debt i.e., InnSuites Hospitality's Short Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Property Plant Equipment
Most indicators from InnSuites Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InnSuites Hospitality 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnSuites 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, InnSuites Hospitality's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 36.3 M in 2024, despite the fact that Tax Provision is likely to grow to (1.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1M | 3.5M | 2.2M | 2.3M | Total Revenue | 6.4M | 7.1M | 7.5M | 12.5M |
InnSuites Hospitality fundamental ratios Correlations
Click cells to compare fundamentals
InnSuites Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InnSuites Hospitality fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.0M | 15.4M | 14.7M | 17.0M | 15.7M | 14.9M | |
Short Long Term Debt Total | 7.2M | 11.0M | 9.7M | 12.3M | 12.0M | 20.3M | |
Total Stockholder Equity | 8.1M | 6.1M | 6.5M | 6.6M | 6.2M | 6.6M | |
Net Debt | 6.0M | 9.3M | 8.4M | 10.2M | 10.7M | 19.8M | |
Common Stock Shares Outstanding | 9.3M | 9.2M | 9.1M | 9.2M | 9.2M | 6.5M | |
Liabilities And Stockholders Equity | 19.2M | 15.4M | 14.7M | 17.0M | 15.7M | 14.9M | |
Non Current Liabilities Total | 8.3M | 10.7M | 9.4M | 11.5M | 11.3M | 20.3M | |
Total Liab | 11.1M | 12.9M | 10.6M | 13.3M | 13.0M | 22.4M | |
Net Receivables | 2.0M | 281.4K | 542.6K | 2.0M | 4.3M | 4.5M | |
Total Current Assets | 3.2M | 2.1M | 1.8M | 4.2M | 3.0M | 2.3M | |
Property Plant And Equipment Net | 2.4M | 2.3M | 2.2M | 2.2M | 2.1M | 2.0M | |
Non Current Assets Total | 13.7M | 13.3M | 12.9M | 12.9M | 12.7M | 22.4M | |
Non Currrent Assets Other | 2.3M | 11.0M | 10.5M | 10.1M | 10.0M | 10.5M | |
Other Current Liab | 205.9K | 1.7M | 698.0K | 905.1K | 1.0M | 826.9K | |
Total Current Liabilities | 2.7M | 2.2M | 1.2M | 1.8M | 1.8M | 1.7M | |
Short Term Debt | 1.1M | 302.4K | 261.8K | 820.8K | 707.2K | 671.8K | |
Cash | 1.2M | 1.7M | 1.2M | 2.1M | 1.3M | 923.3K | |
Other Assets | 5.2M | 1.0 | 1.8M | 2.9M | 2.6M | 2.7M | |
Cash And Short Term Investments | 1.2M | 1.7M | 1.2M | 2.1M | 1.3M | 1.0M | |
Common Stock | 21.8M | 20.0M | 6.6M | 7.0M | 7.0M | 13.2M | |
Other Current Assets | 77.8K | 237.6K | 468.7K | 2.0M | (5.6M) | (5.3M) | |
Accounts Payable | 421.3K | 136.6K | 203.2K | 85.2K | 225.4K | 214.1K | |
Long Term Debt | 6.0M | 8.4M | 7.1M | 9.3M | 9.0M | 15.0M | |
Treasury Stock | (12.7M) | (13.5M) | (13.7M) | (13.9M) | (12.5M) | (13.2M) | |
Property Plant Equipment | 11.3M | 10.4M | 9.7M | 9.3M | 8.4M | 12.1M | |
Short Term Investments | 1.9M | 600K | 5K | 7K | 8.1K | 7.6K | |
Net Tangible Assets | 10.2M | 8.1M | (660.1K) | 6.5M | 7.4M | 5.3M | |
Long Term Debt Total | 6.1M | 8.4M | 7.1M | 9.3M | 8.3M | 8.3M | |
Short Long Term Debt | 1.1M | 216.0K | 195.1K | 793.7K | 700.9K | 787.1K |
Pair Trading with InnSuites 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 InnSuites 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 InnSuites Hospitality will appreciate offsetting losses from the drop in the long position's value.Moving against InnSuites Stock
0.82 | EPRT | Essential Properties | PairCorr |
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0.73 | AHR | American Healthcare REIT | PairCorr |
0.69 | HR | Healthcare Realty Trust | PairCorr |
0.67 | ELME | Elme Communities | PairCorr |
The ability to find closely correlated positions to InnSuites 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 InnSuites 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 InnSuites 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 InnSuites Hospitality Trust to buy it.
The correlation of InnSuites 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 InnSuites Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InnSuites Hospitality 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 InnSuites 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnSuites 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 InnSuites Hospitality information on this page should be used as a complementary analysis to other InnSuites 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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Is InnSuites 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 InnSuites Hospitality. If investors know InnSuites 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 InnSuites Hospitality 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 (0.36) | Dividend Share 0.02 | Revenue Per Share 0.817 | Quarterly Revenue Growth 0.079 | Return On Assets (0.03) |
The market value of InnSuites Hospitality is measured differently than its book value, which is the value of InnSuites that is recorded on the company's balance sheet. Investors also form their own opinion of InnSuites Hospitality's value that differs from its market value or its book value, called intrinsic value, which is InnSuites 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 InnSuites Hospitality's market value can be influenced by many factors that don't directly affect InnSuites 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 InnSuites Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if InnSuites Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InnSuites 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.