Park Other Current Liab vs Accounts Payable Analysis

PK Stock  USD 15.86  0.31  1.99%   
Park Hotels financial indicator trend analysis is much more than just breaking down Park Hotels Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Hotels Resorts is a good investment. Please check the relationship between Park Hotels Other Current Liab and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Hotels Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Hotels Resorts Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Park Hotels' Other Current Liab and Accounts Payable is 0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Park Hotels Resorts, assuming nothing else is changed. The correlation between historical values of Park Hotels' Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Park Hotels Resorts are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Park Hotels' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Park 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 Park Hotels Resorts 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.
Most indicators from Park Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Hotels Resorts 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Hotels Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Sales General And Administrative To Revenue is expected to rise to 0.03 this year, although the value of Selling General Administrative will most likely fall to about 58.1 M.
 2021 2022 2024 (projected)
Interest Expense258M247M206.4M
Depreciation And Amortization281M269M375.3M

Park Hotels fundamental ratios Correlations

0.440.56-0.350.090.57-0.320.69-0.140.170.050.880.120.37-0.390.470.88-0.32-0.69-0.53-0.780.84-0.56-0.870.66-0.81
0.440.28-0.72-0.170.49-0.070.40.020.210.150.210.390.12-0.20.220.210.01-0.22-0.22-0.430.49-0.26-0.370.51-0.33
0.560.28-0.52-0.29-0.21-0.41-0.03-0.20.89-0.160.46-0.180.510.290.990.46-0.6-0.360.33-0.220.230.31-0.380.24-0.31
-0.35-0.72-0.520.38-0.310.19-0.3-0.35-0.430.17-0.29-0.57-0.110.13-0.47-0.290.20.15-0.060.32-0.38-0.020.27-0.370.22
0.09-0.17-0.290.380.350.110.52-0.57-0.50.580.35-0.090.11-0.34-0.350.350.4-0.35-0.57-0.450.38-0.5-0.460.57-0.46
0.570.49-0.21-0.310.35-0.120.940.14-0.530.360.560.560.07-0.75-0.330.560.38-0.54-0.92-0.720.8-0.93-0.670.65-0.7
-0.32-0.07-0.410.190.11-0.12-0.150.25-0.35-0.29-0.20.42-0.64-0.47-0.4-0.20.240.780.12-0.13-0.050.140.150.150.24
0.690.4-0.03-0.30.520.94-0.15-0.03-0.420.370.750.460.18-0.73-0.150.750.28-0.65-0.91-0.860.9-0.9-0.830.81-0.84
-0.140.02-0.2-0.35-0.570.140.25-0.03-0.17-0.35-0.10.74-0.53-0.38-0.21-0.10.160.390.110.14-0.020.070.26-0.270.25
0.170.210.89-0.43-0.5-0.53-0.35-0.42-0.17-0.23-0.01-0.310.460.60.93-0.01-0.57-0.050.660.18-0.190.640.05-0.110.1
0.050.15-0.160.170.580.36-0.290.37-0.35-0.230.09-0.10.36-0.1-0.220.090.59-0.5-0.44-0.070.19-0.41-0.240.25-0.29
0.880.210.46-0.290.350.56-0.20.75-0.1-0.010.090.20.21-0.530.351.0-0.2-0.67-0.57-0.810.87-0.56-0.930.73-0.86
0.120.39-0.18-0.57-0.090.560.420.460.74-0.31-0.10.2-0.41-0.76-0.260.20.350.22-0.28-0.430.44-0.29-0.190.4-0.16
0.370.120.51-0.110.110.07-0.640.18-0.530.460.360.21-0.410.280.510.21-0.19-0.59-0.15-0.160.05-0.15-0.290.2-0.33
-0.39-0.20.290.13-0.34-0.75-0.47-0.73-0.380.6-0.1-0.53-0.760.280.4-0.53-0.420.050.690.73-0.70.690.57-0.640.54
0.470.220.99-0.47-0.35-0.33-0.4-0.15-0.210.93-0.220.35-0.260.510.40.35-0.66-0.280.43-0.10.10.41-0.260.13-0.19
0.880.210.46-0.290.350.56-0.20.75-0.1-0.010.091.00.20.21-0.530.35-0.2-0.67-0.57-0.810.87-0.56-0.930.73-0.86
-0.320.01-0.60.20.40.380.240.280.16-0.570.59-0.20.35-0.19-0.42-0.66-0.20.04-0.39-0.030.09-0.36-0.020.12-0.15
-0.69-0.22-0.360.15-0.35-0.540.78-0.650.39-0.05-0.5-0.670.22-0.590.05-0.28-0.670.040.60.44-0.590.60.7-0.410.75
-0.53-0.220.33-0.06-0.57-0.920.12-0.910.110.66-0.44-0.57-0.28-0.150.690.43-0.57-0.390.60.7-0.721.00.68-0.610.73
-0.78-0.43-0.220.32-0.45-0.72-0.13-0.860.140.18-0.07-0.81-0.43-0.160.73-0.1-0.81-0.030.440.7-0.920.690.91-0.950.85
0.840.490.23-0.380.380.8-0.050.9-0.02-0.190.190.870.440.05-0.70.10.870.09-0.59-0.72-0.92-0.72-0.930.86-0.89
-0.56-0.260.31-0.02-0.5-0.930.14-0.90.070.64-0.41-0.56-0.29-0.150.690.41-0.56-0.360.61.00.69-0.720.67-0.580.72
-0.87-0.37-0.380.27-0.46-0.670.15-0.830.260.05-0.24-0.93-0.19-0.290.57-0.26-0.93-0.020.70.680.91-0.930.67-0.860.97
0.660.510.24-0.370.570.650.150.81-0.27-0.110.250.730.40.2-0.640.130.730.12-0.41-0.61-0.950.86-0.58-0.86-0.79
-0.81-0.33-0.310.22-0.46-0.70.24-0.840.250.1-0.29-0.86-0.16-0.330.54-0.19-0.86-0.150.750.730.85-0.890.720.97-0.79
Click cells to compare fundamentals

Park Hotels Account Relationship Matchups

Park Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding204M213M236M228M215M233.8M
Total Assets11.3B10.6B9.7B9.7B9.4B10.9B
Short Long Term Debt Total4.1B5.4B4.9B4.9B4.7B4.5B
Other Current Liab(511M)(513M)33M141M162M170.1M
Total Current Liabilities376M235M267M411M738M446.7M
Total Stockholder Equity6.5B4.9B4.5B4.3B3.8B4.9B
Other Liab387M232M285M266M239.4M227.4M
Net Tangible Assets5.8B4.8B4.4B4.3B4.9B4.5B
Property Plant And Equipment Net9.8B9.4B8.7B8.5B197M187.2M
Net Debt3.8B4.4B4.2B3.9B4.0B4.0B
Accounts Payable217M147M156M220M210M205.5M
Cash346M951M688M906M750M530.4M
Non Current Assets Total10.6B9.5B8.8B8.6B7.7B7.2B
Non Currrent Assets Other(10M)50M60M46M898M942.9M
Other Assets36M372M389M137M892M936.6M
Long Term Debt3.9B5.1B4.7B4.6B4.5B4.4B
Cash And Short Term Investments346M951M688M906M750M530.4M
Net Receivables180M26M96M129M112M93.8M
Liabilities And Stockholders Equity11.3B10.6B9.7B9.7B9.4B10.9B
Non Current Liabilities Total4.5B5.5B5.1B5.0B4.9B4.0B
Other Current Assets(570M)(1.0B)(859M)91M(862M)(818.9M)
Other Stockholder Equity4.6B4.5B4.5B4.3B4.2B4.3B
Total Liab4.8B5.7B5.3B5.4B5.7B4.4B
Long Term Investments35M14M15M1M900K855K
Property Plant And Equipment Gross9.8B9.4B8.7B8.5B10.3B9.6B
Total Current Assets720M1.0B894M1.1B1.7B1.0B
Accumulated Other Comprehensive Income(45M)(6M)(3M)(4M)(4.6M)(4.8M)
Short Term Debt670M601M78M50M61M58.0M
Intangible Assets27M46M45M43M42M34.9M
Property Plant Equipment9.8B9.2B8.7B8.5B9.8B9.4B
Long Term Debt Total3.9B5.1B4.7B4.6B5.3B4.3B
Capital Lease Obligations261M245M227M234M224M168.0M
Non Current Liabilities Other282M378M392M228M200M294.0M
Cash And Equivalents346M951M688M906M1.0B622.0M
Noncontrolling Interest In Consolidated Entity(46M)(45M)(50M)(48M)(43.2M)(45.4M)

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When determining whether Park Hotels Resorts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Park Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Park Hotels Resorts Stock. Highlighted below are key reports to facilitate an investment decision about Park Hotels Resorts Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Hotels Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Park Hotels' price analysis, check to measure Park 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 Park Hotels is operating at the current time. Most of Park Hotels' value examination focuses on studying past and present price action to predict the probability of Park Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Hotels' price. Additionally, you may evaluate how the addition of Park Hotels to your portfolios can decrease your overall portfolio volatility.
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Is Park 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 Park Hotels. If investors know Park 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 Park 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
(0.13)
Dividend Share
1.48
Earnings Share
0.42
Revenue Per Share
12.762
Quarterly Revenue Growth
(0.02)
The market value of Park Hotels Resorts is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Hotels' value that differs from its market value or its book value, called intrinsic value, which is Park 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 Park Hotels' market value can be influenced by many factors that don't directly affect Park 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 Park Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park 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.