Braemar Accumulated Depreciation vs Property Plant Equipment Analysis
BHR Stock | USD 3.42 0.02 0.58% |
Braemar Hotel financial indicator trend analysis is way more than just evaluating Braemar Hotel Resorts prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Braemar Hotel Resorts is a good investment. Please check the relationship between Braemar Hotel Accumulated Depreciation and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Braemar Hotel Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Accumulated Depreciation vs Property Plant Equipment
Accumulated Depreciation vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Braemar Hotel Resorts Accumulated Depreciation account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Braemar Hotel's Accumulated Depreciation and Property Plant Equipment is 0.8. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Braemar Hotel Resorts, assuming nothing else is changed. The correlation between historical values of Braemar Hotel's Accumulated Depreciation and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Braemar Hotel Resorts are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accumulated Depreciation i.e., Braemar Hotel's Accumulated Depreciation and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Braemar Hotel Resorts fixed asset that has been charged to Braemar Hotel expense since that asset was acquired and made available for Braemar Hotel use. The accumulated depreciation account is Braemar Hotel Resorts asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Braemar Hotel Resorts.Property Plant Equipment
Most indicators from Braemar Hotel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Braemar Hotel 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Braemar Hotel Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Braemar Hotel's Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024, Issuance Of Capital Stock is likely to grow to about 104.2 M, while Tax Provision is likely to drop slightly above 952.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 28.7M | 49.7M | 94.2M | 98.9M | Depreciation And Amortization | 427.7M | 601.3M | 93.7M | 155.2M |
Braemar Hotel fundamental ratios Correlations
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Braemar Hotel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Braemar Hotel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 32.3M | 34.0M | 52.7M | 69.7M | 66.0M | 38.1M | |
Total Assets | 1.8B | 1.7B | 1.9B | 2.4B | 2.2B | 1.7B | |
Total Stockholder Equity | 476.2M | 383.2M | 504.3M | 801.8M | 795.1M | 477.3M | |
Other Liab | 17.5M | 18.1M | 20.0M | 22.3M | 25.7M | 14.9M | |
Accounts Payable | 94.9M | 54.7M | 96.3M | 134.0M | 100.5M | 65.1M | |
Cash | 72.0M | 78.6M | 216.0M | 261.5M | 85.6M | 136.9M | |
Other Assets | 13.0M | 1.6B | 23.6M | 54.2M | 1.9B | 2.0B | |
Long Term Debt | 1.1B | 1.1B | 1.2B | 1.3B | 1.2B | 985.5M | |
Short Term Investments | 169K | 54K | 139K | 2.3B | 2.8M | 2.7M | |
Inventory | 2.8M | 2.6M | 3.1M | 5.2M | 5.0M | 5.3M | |
Other Current Assets | 63.4M | 38.9M | 51.7M | 61.2M | 90.8M | 48.4M | |
Total Liab | 1.2B | 1.3B | 1.4B | 1.6B | 1.4B | 1.1B | |
Intangible Assets | 5.0M | 4.6M | 4.3M | 3.9M | 3.5M | 3.3M | |
Short Long Term Debt Total | 1.6B | 1.2B | 1.7B | 1.4B | 1.2B | 1.3B | |
Other Current Liab | (487.3M) | (28.6M) | 4.3M | 20.6M | 65.7M | 69.0M | |
Total Current Liabilities | 110.1M | 68.7M | 100.6M | 154.3M | 166.1M | 86.6M | |
Property Plant And Equipment Net | 82.6M | 81.3M | 80.5M | 79.4M | 78.4M | 74.5M | |
Net Debt | 1.0B | 1.1B | 1.0B | 1.1B | 1.1B | 910.0M | |
Retained Earnings | (150.6M) | (266.0M) | (309.2M) | (324.7M) | (412.2M) | (391.6M) | |
Non Current Assets Total | 1.6B | 1.5B | 1.6B | 2.0B | 2.0B | 1.5B | |
Non Currrent Assets Other | 13.0M | 14.9M | 23.6M | 1.9B | 1.9B | 2.0B | |
Cash And Short Term Investments | 72.0M | 78.6M | 216.0M | 261.5M | 85.6M | 146.8M | |
Net Receivables | 36.2M | 26.8M | 52.9M | 79.0M | 56.9M | 42.7M | |
Liabilities And Stockholders Equity | 1.8B | 1.7B | 1.9B | 2.4B | 2.2B | 1.7B | |
Non Current Liabilities Total | 1.1B | 1.2B | 1.3B | 1.4B | 1.2B | 1.1B | |
Other Stockholder Equity | 519.6M | 541.9M | 183.6M | 734.1M | 718.5M | 496.3M | |
Total Current Assets | 174.4M | 146.9M | 323.8M | 407.0M | 241.2M | 244.7M | |
Common Stock Total Equity | 329K | 382K | 653K | 699K | 803.9K | 403.6K | |
Common Stock | 329K | 382K | 653K | 699K | 666K | 433.5K | |
Net Tangible Assets | 512.7M | 406.2M | 394.6M | 838.4M | 964.2M | 545.3M | |
Warrants | 106.9M | 134.6M | 141.6M | 432.2M | 497.1M | 521.9M | |
Noncontrolling Interest In Consolidated Entity | (6.0M) | (15.1M) | (16.5M) | (16.3M) | (14.7M) | (14.0M) | |
Retained Earnings Total Equity | (150.6M) | (266.0M) | (309.2M) | (324.7M) | (292.3M) | (277.7M) | |
Long Term Debt Total | 1.1B | 1.1B | 1.2B | 1.3B | 1.5B | 1.1B | |
Capital Surpluse | 519.6M | 541.9M | 707.4M | 734.1M | 844.3M | 576.5M | |
Long Term Investments | 2.5M | 2.5M | 1.7M | 1.7M | 1.7M | 1.6M |
Pair Trading with Braemar Hotel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Braemar Hotel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Braemar Hotel will appreciate offsetting losses from the drop in the long position's value.Moving together with Braemar Stock
Moving against Braemar Stock
0.62 | HASI | Hannon Armstrong Sus | PairCorr |
0.49 | O | Realty Income | PairCorr |
0.39 | NNN | National Retail Prop | PairCorr |
0.37 | STAG | STAG Industrial | PairCorr |
0.31 | PW | Power REIT | PairCorr |
The ability to find closely correlated positions to Braemar Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Braemar Hotel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Braemar Hotel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Braemar Hotel Resorts to buy it.
The correlation of Braemar Hotel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Braemar Hotel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Braemar Hotel Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Braemar Hotel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Braemar Stock Analysis
When running Braemar Hotel's price analysis, check to measure Braemar Hotel'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 Braemar Hotel is operating at the current time. Most of Braemar Hotel's value examination focuses on studying past and present price action to predict the probability of Braemar Hotel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Braemar Hotel's price. Additionally, you may evaluate how the addition of Braemar Hotel to your portfolios can decrease your overall portfolio volatility.