ORIENTHOT | | | 182.55 1.47 0.81% |
Oriental Hotels financial indicator trend analysis is much more than just breaking down Oriental Hotels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oriental Hotels is a good investment. Please check the relationship between Oriental Hotels Depreciation and its Change To Netincome accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Hotels Limited. 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.
Depreciation vs Change To Netincome
Depreciation vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oriental Hotels Depreciation account and
Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oriental Hotels' Depreciation and Change To Netincome is -0.11. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Oriental Hotels Limited, assuming nothing else is changed. The correlation between historical values of Oriental Hotels' Depreciation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Oriental Hotels Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Depreciation i.e., Oriental Hotels' Depreciation and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Oriental Hotels value has been used up. For tax purposes Oriental Hotels can deduct the cost of the tangible assets it purchases as business expenses. However, Oriental Hotels Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Change To Netincome
Most indicators from Oriental Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oriental 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oriental Hotels Limited. 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.
The Oriental Hotels' current
Tax Provision is estimated to increase to about 186.2
M, while
Selling General Administrative is projected to decrease to under 345.6
M.
Oriental Hotels fundamental ratios Correlations
Click cells to compare fundamentals
Oriental Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oriental Hotels fundamental ratios Accounts
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Other Information on Investing in Oriental Stock
Balance Sheet is a snapshot of the
financial position of Oriental Hotels at a specified time, usually calculated after every quarter, six months, or one year. Oriental Hotels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oriental Hotels and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Oriental currently owns. An asset can also be divided into two categories, current and non-current.