0W2Y Stock | | | 5,075 82.45 1.65% |
Booking Holdings financial indicator trend analysis is way more than just evaluating Booking Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Booking Holdings is a good investment. Please check the relationship between Booking Holdings Intangible Assets and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Booking Holdings. 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.
For more information on how to buy Booking Stock please use our
How to Invest in Booking Holdings guide.
Intangible Assets vs Non Current Liabilities Total
Intangible Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Booking Holdings Intangible Assets account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Booking Holdings' Intangible Assets and Non Current Liabilities Total is 0.65. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Booking Holdings, assuming nothing else is changed. The correlation between historical values of Booking Holdings' Intangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Booking Holdings are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Intangible Assets i.e., Booking Holdings' Intangible Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Non Current Liabilities Total
Most indicators from Booking Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Booking Holdings 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 Booking Holdings. 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.
For more information on how to buy Booking Stock please use our
How to Invest in Booking Holdings guide.
Selling General Administrative is likely to gain to about 5.1
B in 2024.
Tax Provision is likely to gain to about 827.6
M in 2024
Booking Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Booking Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Booking Holdings fundamental ratios Accounts
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Additional Tools for Booking Stock Analysis
When running Booking Holdings' price analysis, check to
measure Booking Holdings' 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 Booking Holdings is operating at the current time. Most of Booking Holdings' value examination focuses on studying past and present price action to
predict the probability of Booking Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Booking Holdings' price. Additionally, you may evaluate how the addition of Booking Holdings to your portfolios can decrease your overall portfolio volatility.