0M1K Stock | | | 58.15 4.79 8.98% |
Travel Leisure financial indicator trend analysis is much more than just breaking down Travel Leisure prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Travel Leisure is a good investment. Please check the relationship between Travel Leisure Short Term Debt and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Travel Leisure Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Term Debt vs Total Assets
Short Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Travel Leisure Short Term Debt account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Travel Leisure's Short Term Debt and Total Assets is -0.33. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Travel Leisure Co, assuming nothing else is changed. The correlation between historical values of Travel Leisure's Short Term Debt and Total 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 Short Term Debt of Travel Leisure Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Debt i.e., Travel Leisure's Short Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Total Assets
Total assets refers to the total amount of Travel Leisure assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Travel Leisure books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Travel Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Travel Leisure 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 Travel Leisure Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 456.5
M in 2024, despite the fact that
Tax Provision is likely to grow to (19.7
M).
Travel Leisure fundamental ratios Correlations
Click cells to compare fundamentals
Travel Leisure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Travel Leisure fundamental ratios Accounts
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Additional Tools for Travel Stock Analysis
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measure Travel Leisure'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 Travel Leisure is operating at the current time. Most of Travel Leisure's value examination focuses on studying past and present price action to
predict the probability of Travel Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Travel Leisure's price. Additionally, you may evaluate how the addition of Travel Leisure to your portfolios can decrease your overall portfolio volatility.