PRKS Stock | | | 58.64 0.57 0.98% |
United Parks financial indicator trend analysis is much more than just breaking down United Parks Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Parks Resorts is a good investment. Please check the relationship between United Parks Property Plant And Equipment Net and its Net Receivables accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks 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 industry.
Property Plant And Equipment Net vs Net Receivables
Property Plant And Equipment Net vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United Parks Resorts Property Plant And Equipment Net account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United Parks' Property Plant And Equipment Net and Net Receivables is 0.5. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables in the same time period over historical financial statements of United Parks Resorts, assuming nothing else is changed. The correlation between historical values of United Parks' Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of United Parks Resorts are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., United Parks' Property Plant And Equipment Net and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Net Receivables
Most indicators from United Parks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Parks 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks 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 industry.
At this time, United Parks'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 9.16 in 2024, whereas
Selling General Administrative is likely to drop slightly above 102.4
M in 2024.
United Parks fundamental ratios Correlations
Click cells to compare fundamentals
United Parks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Parks fundamental ratios Accounts
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measure United Parks' 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 United Parks is operating at the current time. Most of United Parks' value examination focuses on studying past and present price action to
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