Melia Net Receivables vs Intangible Assets Analysis

0MKO Stock   7.45  0.23  3.19%   
Melia Hotels financial indicator trend analysis is infinitely more than just investigating Melia Hotels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Melia Hotels is a good investment. Please check the relationship between Melia Hotels Net Receivables and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Melia Hotels. 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.

Net Receivables vs Intangible Assets

Net Receivables vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Melia Hotels Net Receivables account and Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Melia Hotels' Net Receivables and Intangible Assets is -0.67. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Melia Hotels, assuming nothing else is changed. The correlation between historical values of Melia Hotels' Net Receivables 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 Net Receivables of Melia Hotels 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 Net Receivables i.e., Melia Hotels' Net Receivables and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Net Receivables

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Melia Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Melia Hotels 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 Melia Hotels. 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 509.2 M in 2024, despite the fact that Tax Provision is likely to grow to (43.6 M).
 2019 2020 2023 2024 (projected)
Gross Profit1.4B407.6M366.8M348.5M
Total Revenue1.8B528.4M475.6M451.8M

Melia Hotels fundamental ratios Correlations

0.9-0.65-0.71-0.78-0.950.920.72-0.710.89-0.34-0.83-0.58-0.850.40.870.93-0.680.17-0.88-0.550.960.470.51-0.52-0.44
0.9-0.55-0.87-0.91-0.950.930.93-0.880.68-0.66-0.85-0.51-0.880.230.840.99-0.890.46-0.98-0.50.980.440.49-0.79-0.52
-0.65-0.550.690.670.68-0.66-0.490.69-0.550.350.70.80.720.06-0.68-0.60.65-0.310.650.78-0.62-0.45-0.490.50.82
-0.71-0.870.690.980.84-0.79-0.931.0-0.450.860.820.730.85-0.01-0.84-0.880.97-0.770.940.74-0.84-0.61-0.660.950.68
-0.78-0.910.670.980.89-0.83-0.920.98-0.540.790.880.70.9-0.09-0.91-0.920.94-0.680.960.7-0.89-0.63-0.680.90.59
-0.95-0.950.680.840.89-0.98-0.80.84-0.830.490.940.540.96-0.37-0.89-0.970.81-0.330.960.53-0.97-0.43-0.470.660.55
0.920.93-0.66-0.79-0.83-0.980.77-0.790.83-0.45-0.9-0.47-0.940.410.80.94-0.80.29-0.93-0.450.950.270.32-0.63-0.61
0.720.93-0.49-0.93-0.92-0.80.77-0.930.41-0.88-0.74-0.57-0.78-0.020.770.91-0.950.68-0.93-0.570.870.520.57-0.93-0.53
-0.71-0.880.691.00.980.84-0.79-0.93-0.450.860.820.730.85-0.01-0.84-0.880.97-0.770.940.73-0.84-0.61-0.660.950.68
0.890.68-0.55-0.45-0.54-0.830.830.41-0.450.0-0.73-0.36-0.760.70.70.74-0.39-0.08-0.67-0.330.770.250.27-0.19-0.33
-0.34-0.660.350.860.790.49-0.45-0.880.860.00.490.550.520.26-0.53-0.630.87-0.920.710.58-0.56-0.52-0.560.970.52
-0.83-0.850.70.820.880.94-0.9-0.740.82-0.730.490.50.99-0.3-0.88-0.890.77-0.340.890.49-0.86-0.4-0.440.630.51
-0.58-0.510.80.730.70.54-0.47-0.570.73-0.360.550.50.530.11-0.74-0.550.64-0.580.621.0-0.58-0.84-0.860.640.6
-0.85-0.880.720.850.90.96-0.94-0.780.85-0.760.520.990.53-0.32-0.88-0.920.82-0.390.920.52-0.89-0.39-0.430.670.57
0.40.230.06-0.01-0.09-0.370.41-0.02-0.010.70.26-0.30.11-0.320.210.280.07-0.15-0.190.110.28-0.09-0.10.140.11
0.870.84-0.68-0.84-0.91-0.890.80.77-0.840.7-0.53-0.88-0.74-0.880.210.88-0.750.42-0.89-0.720.890.760.78-0.67-0.38
0.930.99-0.6-0.88-0.92-0.970.940.91-0.880.74-0.63-0.89-0.55-0.920.280.88-0.870.43-0.99-0.540.990.470.51-0.76-0.51
-0.68-0.890.650.970.940.81-0.8-0.950.97-0.390.870.770.640.820.07-0.75-0.87-0.740.930.64-0.84-0.47-0.520.960.73
0.170.46-0.31-0.77-0.68-0.330.290.68-0.77-0.08-0.92-0.34-0.58-0.39-0.150.420.43-0.74-0.55-0.620.370.530.56-0.88-0.51
-0.88-0.980.650.940.960.96-0.93-0.930.94-0.670.710.890.620.92-0.19-0.89-0.990.93-0.550.61-0.97-0.52-0.560.840.6
-0.55-0.50.780.740.70.53-0.45-0.570.73-0.330.580.491.00.520.11-0.72-0.540.64-0.620.61-0.56-0.84-0.860.660.6
0.960.98-0.62-0.84-0.89-0.970.950.87-0.840.77-0.56-0.86-0.58-0.890.280.890.99-0.840.37-0.97-0.560.490.54-0.72-0.51
0.470.44-0.45-0.61-0.63-0.430.270.52-0.610.25-0.52-0.4-0.84-0.39-0.090.760.47-0.470.53-0.52-0.840.491.0-0.55-0.13
0.510.49-0.49-0.66-0.68-0.470.320.57-0.660.27-0.56-0.44-0.86-0.43-0.10.780.51-0.520.56-0.56-0.860.541.0-0.6-0.19
-0.52-0.790.50.950.90.66-0.63-0.930.95-0.190.970.630.640.670.14-0.67-0.760.96-0.880.840.66-0.72-0.55-0.60.62
-0.44-0.520.820.680.590.55-0.61-0.530.68-0.330.520.510.60.570.11-0.38-0.510.73-0.510.60.6-0.51-0.13-0.190.62
Click cells to compare fundamentals

Melia Hotels Account Relationship Matchups

Melia Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B4.6B4.8B4.1B4.7B4.4B
Short Long Term Debt Total644.5M1.9B2.1B2.3B2.6B1.7B
Total Current Liabilities770.0M759.9M802.3M877.0M789.3M656.8M
Total Stockholder Equity1.2B1.2B1.2B475.3M427.8M406.4M
Retained Earnings90.2M(506.3M)(704.6M)(916.7M)(825.1M)(783.8M)
Cash84.3M6.0M3.9M16.8M15.1M14.4M
Other Assets577.0M551.7M597.7M415.7M478.1M484.8M
Long Term Debt641.3M751.8M819.8M1.1B1.3B867.0M
Cash And Short Term Investments332.3M312.9M329.4M104.8M94.3M89.6M
Net Receivables279.6M234.1M197.4M206.0M236.9M251.5M
Good Will60.7M68.0M72.3M35.3M31.8M47.5M
Short Term Investments375K(1K)492K142K127.8K121.4K
Capital Surpluse1.1B1.1B1.1B1.1B971.1M887.5M
Inventory29.3M24.4M25.3M30.2M27.2M26.7M
Other Current Assets56.7M1.8M1.5M1.6M1.4M1.4M
Other Stockholder Equity27.3M(138.1M)(111.6M)210.7M242.3M254.5M
Total Liab2.1B3.4B3.5B3.6B4.1B3.2B
Total Current Assets640.9M365.7M323.2M452.3M407.1M459.4M
Treasury Stock(15.0M)(16.0M)(28.2M)(3.4M)(3.9M)(4.1M)
Intangible Assets102.2M76.4M73.4M61.4M55.2M67.6M
Property Plant Equipment3.2B2.9B3.0B3.0B3.4B2.9B
Other Current Liab75.5M46.2M42.0M342.6M394.0M413.7M
Other Liab611.3M519.6M526.4M1.8B2.1B2.2B
Net Tangible Assets1.1B378.6M226.3M333.0M299.7M488.4M
Accounts Payable319.7M229.5M268.2M358.8M322.9M243.2M

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