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 Total Current Liabilities and its Intangible Assets 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 various price indices.
For more information on how to buy Booking Stock please use our
How to Invest in Booking Holdings guide.
Total Current Liabilities vs Intangible Assets
Total Current Liabilities vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Booking Holdings Total Current Liabilities account and
Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Booking Holdings' Total Current Liabilities and Intangible Assets is 0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets 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' Total Current Liabilities 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 Total Current Liabilities of Booking Holdings 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 Total Current Liabilities i.e., Booking Holdings' Total Current Liabilities and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Booking Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Booking Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 various price indices.
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.