Huazhu Good Will vs Intangible Assets Analysis

HTHT Stock  USD 32.03  1.07  3.23%   
Huazhu financial indicator trend analysis is much more than just examining Huazhu Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huazhu Group is a good investment. Please check the relationship between Huazhu Good Will and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huazhu Group. 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.

Good Will vs Intangible Assets

Good Will vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Huazhu Group Good Will account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Huazhu's Good Will and Intangible Assets is 0.98. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Huazhu Group, assuming nothing else is changed. The correlation between historical values of Huazhu's Good Will 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 Good Will of Huazhu Group 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 Good Will i.e., Huazhu's Good Will and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Huazhu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huazhu Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huazhu Group. 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, Huazhu's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.3 B in 2024, whereas Enterprise Value Multiple is likely to drop 4.85 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.6B7.5B7.9B
Total Revenue12.8B13.9B21.9B23.0B

Huazhu fundamental ratios Correlations

0.940.850.950.950.980.930.970.10.80.880.990.690.940.820.970.680.990.850.90.931.00.980.90.90.96
0.940.650.870.820.950.790.980.060.850.730.930.450.840.730.880.640.960.920.80.820.950.910.850.880.88
0.850.650.860.90.810.880.72-0.010.530.880.860.950.860.740.870.580.80.530.890.910.830.880.720.70.86
0.950.870.860.90.920.920.910.190.740.820.930.770.880.810.90.680.910.720.840.850.950.940.920.960.85
0.950.820.90.90.910.970.850.20.770.970.940.760.970.80.950.780.910.760.860.950.930.930.840.780.94
0.980.950.810.920.910.870.98-0.040.770.810.990.640.90.760.940.620.990.880.90.930.990.990.830.890.95
0.930.790.880.920.970.870.820.260.770.930.910.760.930.850.920.80.880.680.860.90.910.890.870.80.89
0.970.980.720.910.850.980.820.030.80.750.960.540.860.760.910.590.980.890.850.860.980.950.870.920.91
0.10.06-0.010.190.2-0.040.260.030.320.270.010.020.250.10.040.370.030.01-0.22-0.110.08-0.050.460.17-0.05
0.80.850.530.740.770.770.770.80.320.680.780.340.750.720.750.860.810.840.670.680.80.720.810.70.72
0.880.730.880.820.970.810.930.750.270.680.870.760.970.730.910.70.850.660.790.890.860.840.80.660.9
0.990.930.860.930.940.990.910.960.010.780.870.690.930.810.980.660.990.860.920.960.990.990.840.870.98
0.690.450.950.770.760.640.760.540.020.340.760.690.720.60.710.460.610.310.740.760.670.740.60.60.68
0.940.840.860.880.970.90.930.860.250.750.970.930.720.720.930.680.930.770.810.910.930.910.880.770.93
0.820.730.740.810.80.760.850.760.10.720.730.810.60.720.860.720.790.550.870.780.810.770.740.710.79
0.970.880.870.90.950.940.920.910.040.750.910.980.710.930.860.680.960.80.920.950.960.950.810.80.98
0.680.640.580.680.780.620.80.590.370.860.70.660.460.680.720.680.640.650.60.670.660.620.690.590.63
0.990.960.80.910.910.990.880.980.030.810.850.990.610.930.790.960.640.880.90.920.990.970.860.870.97
0.850.920.530.720.760.880.680.890.010.840.660.860.310.770.550.80.650.880.690.780.850.820.70.740.83
0.90.80.890.840.860.90.860.85-0.220.670.790.920.740.810.870.920.60.90.690.940.90.920.70.740.92
0.930.820.910.850.950.930.90.86-0.110.680.890.960.760.910.780.950.670.920.780.940.920.960.710.740.97
1.00.950.830.950.930.990.910.980.080.80.860.990.670.930.810.960.660.990.850.90.920.980.90.910.95
0.980.910.880.940.930.990.890.95-0.050.720.840.990.740.910.770.950.620.970.820.920.960.980.820.890.96
0.90.850.720.920.840.830.870.870.460.810.80.840.60.880.740.810.690.860.70.70.710.90.820.890.75
0.90.880.70.960.780.890.80.920.170.70.660.870.60.770.710.80.590.870.740.740.740.910.890.890.76
0.960.880.860.850.940.950.890.91-0.050.720.90.980.680.930.790.980.630.970.830.920.970.950.960.750.76
Click cells to compare fundamentals

Huazhu Account Relationship Matchups

Huazhu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.0B65.8B63.3B61.5B63.5B66.7B
Short Long Term Debt Total38.2B45.0B44.2B43.9B35.9B20.4B
Other Current Liab3.4B6.1B5.1B6.0B12.6B13.2B
Total Current Liabilities17.3B10.5B15.3B13.1B17.4B18.3B
Total Stockholder Equity7.4B11.3B10.9B8.7B12.1B12.7B
Property Plant And Equipment Net26.7B37.7B39.2B37.8B33.9B35.6B
Current Deferred Revenue1.2B1.3B1.4B1.3B1.6B1.7B
Net Debt34.9B38.0B39.0B40.3B28.9B30.4B
Retained Earnings3.7B1.5B1.0B(1.2B)794M972.8M
Accounts Payable1.2B1.2B968M1.2B1.0B741.1M
Cash3.2B7.0B5.1B3.6B6.9B7.3B
Non Current Assets Total34.7B52.9B53.7B52.3B51.5B54.0B
Non Currrent Assets Other987M878M933M818M4.2B4.4B
Cash And Short Term Investments6.1B10.9B7.7B5.4B9.1B9.6B
Net Receivables593M409M521M1.1B755M792.8M
Good Will2.7B5.0B5.1B5.2B5.3B5.6B
Common Stock Shares Outstanding304.3M292.7M311.4M311.1M335.1M284.8M
Liabilities And Stockholders Equity53.0B65.8B63.3B61.5B63.5B66.7B
Non Current Liabilities Total28.2B43.8B36.9B39.6B33.9B35.6B
Inventory57M89M88M70M59M43.1M
Other Current Assets699M1.5B1.2B2.6B2.1B2.2B
Other Stockholder Equity3.7B9.7B9.9B9.7B11.0B11.5B
Total Liab45.5B54.4B52.2B52.7B51.3B53.8B
Property Plant And Equipment Gross26.7B37.7B39.2B37.8B42.4B44.5B
Total Current Assets18.3B12.9B9.6B9.2B12.1B12.7B
Accumulated Other Comprehensive Income(49M)127M41M232M386M405.3M
Short Term Debt11.6B4.6B9.9B7.1B7.7B8.1B
Intangible Assets1.9B6.2B5.6B5.5B5.5B5.7B
Other Liab2.9B1.6B3.4B2.7B3.1B3.2B
Other Assets1.2B1.5B2.1B1.8B2.1B2.2B
Long Term Debt8.1B10.9B3.6B6.6B1.3B1.2B
Short Term Investments2.9B3.9B2.6B1.8B2.2B2.3B
Property Plant Equipment5.0B26.7B37.7B39.2B45.1B47.4B
Net Tangible Assets1.5B2.8B184M212M190.8M181.3M
Long Term Investments1.9B1.9B2.0B1.9B2.6B2.0B
Short Long Term Debt8.5B1.1B6.2B3.3B4.0B2.5B

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Additional Tools for Huazhu Stock Analysis

When running Huazhu's price analysis, check to measure Huazhu'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 Huazhu is operating at the current time. Most of Huazhu's value examination focuses on studying past and present price action to predict the probability of Huazhu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huazhu's price. Additionally, you may evaluate how the addition of Huazhu to your portfolios can decrease your overall portfolio volatility.