Diamondrock Other Current Assets from 2010 to 2024

DRH Stock  USD 9.20  0.01  0.11%   
Diamondrock Hospitality's Other Current Assets are decreasing with slightly volatile movements from year to year. Other Current Assets are estimated to finish at about -296.3 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2005-03-31
Previous Quarter
45.2 M
Current Value
44.5 M
Quarterly Volatility
4.1 T
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondrock Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondrock Hospitality's main balance sheet or income statement drivers, such as Depreciation And Amortization of 184.3 M, Interest Expense of 61.8 M or Total Revenue of 760.9 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0418 or PTB Ratio of 0.9. Diamondrock financial statements analysis is a perfect complement when working with Diamondrock Hospitality Valuation or Volatility modules.
  
Check out the analysis of Diamondrock Hospitality Correlation against competitors.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.

Latest Diamondrock Hospitality's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Diamondrock Hospitality over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Diamondrock Hospitality's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondrock Hospitality's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Diamondrock Other Current Assets Regression Statistics

Arithmetic Mean(3,579,160)
Geometric Mean46,168,386
Coefficient Of Variation(3,460)
Mean Deviation80,129,157
Median37,682,000
Standard Deviation123,829,216
Sample Variance15333.7T
Range391.3M
R-Value(0.61)
Mean Square Error10416T
R-Squared0.37
Significance0.02
Slope(16,825,133)
Total Sum of Squares214671.4T

Diamondrock Other Current Assets History

2024-296.3 M
2023-311.9 M
202239.6 M
202136.9 M
202028.4 M
201929.9 M
201810.5 M

About Diamondrock Hospitality Financial Statements

Investors use fundamental indicators, such as Diamondrock Hospitality's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Diamondrock Hospitality's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets-311.9 M-296.3 M

Currently Active Assets on Macroaxis

When determining whether Diamondrock Hospitality offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamondrock Hospitality's 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 Diamondrock Hospitality Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamondrock Hospitality Stock:
Check out the analysis of Diamondrock Hospitality Correlation against competitors.
For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Hotel & Resort REITs space 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 Diamondrock Hospitality. If investors know Diamondrock 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 Diamondrock 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
(0.06)
Dividend Share
0.12
Earnings Share
0.29
Revenue Per Share
5.283
Quarterly Revenue Growth
0.031
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock 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 Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock 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 Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock 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.