SSAW Total Current Liabilities vs Intangible Assets Analysis

301073 Stock   19.53  0.06  0.31%   
SSAW Hotels financial indicator trend analysis is much more than just breaking down SSAW Hotels Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SSAW Hotels Resorts is a good investment. Please check the relationship between SSAW Hotels 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 SSAW Hotels 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 nation.

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 SSAW Hotels Resorts Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SSAW Hotels' Total Current Liabilities and Intangible Assets is 0.89. 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 SSAW Hotels Resorts, assuming nothing else is changed. The correlation between historical values of SSAW Hotels' 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 SSAW Hotels Resorts 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., SSAW Hotels' Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on SSAW Hotels balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SSAW Hotels Resorts 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 SSAW Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SSAW Hotels 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 SSAW Hotels 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 nation.
The current year's Tax Provision is expected to grow to about 9.6 M. The current year's Selling General Administrative is expected to grow to about 106.8 M
 2022 2023 2024 2025 (projected)
Interest Expense31.9M51.4M59.1M62.1M
Interest Income10.7M19.7M22.7M23.8M

SSAW Hotels fundamental ratios Correlations

-0.860.990.990.740.760.940.91-0.90.960.950.980.920.770.990.920.990.960.97-0.520.890.890.920.920.92-0.91
-0.86-0.8-0.84-0.93-0.74-0.79-0.910.8-0.76-0.76-0.89-0.92-0.8-0.91-0.91-0.84-0.82-0.810.68-0.78-0.83-0.78-0.79-0.780.82
0.99-0.80.980.680.80.920.9-0.90.990.970.940.90.810.970.90.980.930.99-0.510.840.890.950.960.95-0.91
0.99-0.840.980.710.760.980.9-0.930.980.980.960.90.750.970.91.00.980.96-0.510.930.920.890.90.89-0.94
0.74-0.930.680.710.660.640.81-0.640.630.620.790.820.730.820.810.710.680.69-0.730.640.70.690.710.69-0.67
0.76-0.740.80.760.660.670.9-0.870.810.780.690.860.990.770.880.760.680.83-0.830.580.90.860.890.87-0.87
0.94-0.790.920.980.640.670.84-0.930.930.960.930.850.640.920.860.981.00.88-0.470.980.910.770.780.77-0.94
0.91-0.910.90.90.810.90.84-0.920.870.850.911.00.920.931.00.90.870.89-0.790.80.950.870.880.87-0.93
-0.90.8-0.9-0.93-0.64-0.87-0.93-0.92-0.93-0.95-0.85-0.91-0.83-0.88-0.92-0.93-0.93-0.890.67-0.89-0.99-0.82-0.84-0.831.0
0.96-0.760.990.980.630.810.930.87-0.930.990.890.860.790.940.870.980.930.98-0.490.850.910.940.940.94-0.93
0.95-0.760.970.980.620.780.960.85-0.950.990.890.850.740.930.850.980.960.96-0.480.90.930.890.90.89-0.95
0.98-0.890.940.960.790.690.930.91-0.850.890.890.940.720.980.930.960.950.9-0.540.910.860.830.840.83-0.87
0.92-0.920.90.90.820.860.851.0-0.910.860.850.940.890.941.00.90.880.87-0.770.830.930.850.860.85-0.92
0.77-0.80.810.750.730.990.640.92-0.830.790.740.720.890.80.90.750.670.84-0.830.550.860.880.90.88-0.83
0.99-0.910.970.970.820.770.920.93-0.880.940.930.980.940.80.940.970.940.95-0.580.880.890.910.920.91-0.89
0.92-0.910.90.90.810.880.861.0-0.920.870.850.931.00.90.940.90.880.88-0.780.820.940.850.870.85-0.93
0.99-0.840.981.00.710.760.980.9-0.930.980.980.960.90.750.970.90.980.96-0.510.930.920.890.90.89-0.94
0.96-0.820.930.980.680.681.00.87-0.930.930.960.950.880.670.940.880.980.89-0.490.980.910.80.810.8-0.93
0.97-0.810.990.960.690.830.880.89-0.890.980.960.90.870.840.950.880.960.89-0.510.790.880.980.980.98-0.89
-0.520.68-0.51-0.51-0.73-0.83-0.47-0.790.67-0.49-0.48-0.54-0.77-0.83-0.58-0.78-0.51-0.49-0.51-0.45-0.74-0.54-0.59-0.540.67
0.89-0.780.840.930.640.580.980.8-0.890.850.90.910.830.550.880.820.930.980.79-0.450.870.670.680.67-0.9
0.89-0.830.890.920.70.90.910.95-0.990.910.930.860.930.860.890.940.920.910.88-0.740.870.830.850.83-1.0
0.92-0.780.950.890.690.860.770.87-0.820.940.890.830.850.880.910.850.890.80.98-0.540.670.831.01.0-0.83
0.92-0.790.960.90.710.890.780.88-0.840.940.90.840.860.90.920.870.90.810.98-0.590.680.851.01.0-0.85
0.92-0.780.950.890.690.870.770.87-0.830.940.890.830.850.880.910.850.890.80.98-0.540.670.831.01.0-0.83
-0.910.82-0.91-0.94-0.67-0.87-0.94-0.931.0-0.93-0.95-0.87-0.92-0.83-0.89-0.93-0.94-0.93-0.890.67-0.9-1.0-0.83-0.85-0.83
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SSAW Hotels Account Relationship Matchups

SSAW Hotels fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets451.7M1.4B2.0B2.4B2.8B1.5B
Other Current Liab6.8M5.6M7.0M3.1M2.8M2.7M
Total Current Liabilities80.2M158.1M239.1M305.8M351.6M195.4M
Total Stockholder Equity295.8M486.2M973.3M977.9M1.1B658.7M
Retained Earnings191.9M191.9M177.0M180.2M207.2M198.7M
Accounts Payable20.3M14.2M28.4M58.0M66.7M70.0M
Cash105.6M222.4M678.1M487.0M560.1M349.2M
Non Current Assets Total247.5M977.0M1.2B1.8B2.0B2.1B
Non Currrent Assets Other31.6M31.8M1.8M2.2M2.0M1.9M
Net Receivables21.7M28.6M64.3M76.0M87.4M47.8M
Non Current Liabilities Total86.4M746.0M823.2M1.1B1.3B1.4B
Inventory850.0K927.9K894.5K6.7M7.7M8.1M
Other Current Assets24.8M34.7M38.4M43.0M49.4M35.9M
Total Liab166.6M904.1M1.1B1.4B1.7B1.7B
Net Invested Capital295.8M486.2M973.3M977.9M1.1B658.7M
Total Current Assets204.1M395.7M824.1M650.2M747.8M499.4M
Net Working Capital123.9M237.6M585.0M344.5M396.1M304.0M
Intangible Assets1.9M1.5M62.4M61.9M71.2M74.8M

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Other Information on Investing in SSAW Stock

Balance Sheet is a snapshot of the financial position of SSAW Hotels Resorts at a specified time, usually calculated after every quarter, six months, or one year. SSAW Hotels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SSAW 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 SSAW currently owns. An asset can also be divided into two categories, current and non-current.