BTG Good Will vs Long Term Investments Analysis

600258 Stock   15.88  0.17  1.08%   
BTG Hotels financial indicator trend analysis is way more than just evaluating BTG Hotels Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTG Hotels Group is a good investment. Please check the relationship between BTG Hotels Good Will and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTG Hotels 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 nation.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTG Hotels Group Good Will account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between BTG Hotels' Good Will and Long Term Investments is -0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of BTG Hotels Group, assuming nothing else is changed. The correlation between historical values of BTG Hotels' Good Will and Long Term Investments 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 BTG Hotels Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., BTG Hotels' Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Long Term Investments

Long Term Investments is an item on the asset side of BTG Hotels balance sheet that represents investments BTG Hotels Group intends to hold for over a year. BTG Hotels Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from BTG Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTG Hotels 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BTG Hotels 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 nation.
The current year's Tax Provision is expected to grow to about 311.4 M, whereas Selling General Administrative is forecasted to decline to about 511.6 M.
 2021 2023 2024 (projected)
Other Operating Expenses7.0M6.3M6.0M
Gross Profit1.6B3.0B3.3B

BTG Hotels fundamental ratios Correlations

0.440.860.990.790.80.090.720.970.120.910.30.740.150.990.90.970.850.920.55-0.930.91-0.890.230.970.18
0.440.580.510.70.710.090.680.560.430.28-0.450.660.150.380.650.480.010.65-0.15-0.610.64-0.560.270.520.22
0.860.580.840.860.640.070.650.910.120.810.210.850.150.870.910.790.580.910.16-0.80.92-0.710.660.810.61
0.990.510.840.820.870.110.730.980.180.90.250.750.20.970.910.990.810.940.54-0.950.93-0.930.170.970.12
0.790.70.860.820.790.160.630.910.560.760.070.930.40.750.970.80.370.96-0.03-0.730.96-0.750.450.760.43
0.80.710.640.870.790.040.70.830.410.660.00.710.340.730.830.880.530.840.38-0.850.83-0.92-0.060.83-0.08
0.090.090.070.110.160.040.030.150.10.110.070.180.10.070.080.130.040.15-0.02-0.120.16-0.120.030.080.03
0.720.680.650.730.630.70.030.690.290.51-0.330.720.120.710.70.670.460.740.27-0.720.71-0.690.180.820.13
0.970.560.910.980.910.830.150.690.240.90.250.830.230.940.960.960.710.970.37-0.910.98-0.880.340.920.31
0.120.430.120.180.560.410.10.290.240.13-0.220.520.550.050.440.18-0.30.4-0.47-0.050.36-0.22-0.040.16-0.02
0.910.280.810.90.760.660.110.510.90.130.450.690.180.90.850.880.740.860.45-0.820.87-0.80.320.860.26
0.3-0.450.210.250.070.00.07-0.330.25-0.220.45-0.020.070.340.150.280.490.150.36-0.170.16-0.140.060.150.04
0.740.660.850.750.930.710.180.720.830.520.69-0.020.460.710.910.710.320.91-0.08-0.650.91-0.710.520.740.5
0.150.150.150.20.40.340.10.120.230.550.180.070.460.10.320.22-0.110.31-0.22-0.010.31-0.340.00.190.0
0.990.380.870.970.750.730.070.710.940.050.90.340.710.10.870.940.870.890.57-0.910.88-0.840.270.950.22
0.90.650.910.910.970.830.080.70.960.440.850.150.910.320.870.890.540.990.16-0.830.99-0.830.410.870.37
0.970.480.790.990.80.880.130.670.960.180.880.280.710.220.940.890.810.910.57-0.950.91-0.940.090.950.05
0.850.010.580.810.370.530.040.460.71-0.30.740.490.32-0.110.870.540.810.580.87-0.780.58-0.7-0.030.79-0.06
0.920.650.910.940.960.840.150.740.970.40.860.150.910.310.890.990.910.580.22-0.870.99-0.870.370.910.33
0.55-0.150.160.54-0.030.38-0.020.270.37-0.470.450.36-0.08-0.220.570.160.570.870.22-0.580.21-0.55-0.440.56-0.47
-0.93-0.61-0.8-0.95-0.73-0.85-0.12-0.72-0.91-0.05-0.82-0.17-0.65-0.01-0.91-0.83-0.95-0.78-0.87-0.58-0.870.92-0.13-0.94-0.06
0.910.640.920.930.960.830.160.710.980.360.870.160.910.310.880.990.910.580.990.21-0.87-0.860.410.890.38
-0.89-0.56-0.71-0.93-0.75-0.92-0.12-0.69-0.88-0.22-0.8-0.14-0.71-0.34-0.84-0.83-0.94-0.7-0.87-0.550.92-0.860.01-0.930.07
0.230.270.660.170.45-0.060.030.180.34-0.040.320.060.520.00.270.410.09-0.030.37-0.44-0.130.410.010.150.98
0.970.520.810.970.760.830.080.820.920.160.860.150.740.190.950.870.950.790.910.56-0.940.89-0.930.150.08
0.180.220.610.120.43-0.080.030.130.31-0.020.260.040.50.00.220.370.05-0.060.33-0.47-0.060.380.070.980.08
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BTG Hotels Account Relationship Matchups

BTG Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.1B16.6B27.0B25.4B25.2B26.5B
Other Current Liab3.2B3.9B2.1B424.1M438.6M793.9M
Total Current Liabilities3.9B4.9B5.2B5.3B4.5B4.7B
Total Stockholder Equity8.9B8.4B11.1B10.5B11.1B11.7B
Other Liab2.2B2.2B2.1B1.4B1.6B1.7B
Retained Earnings3.2B2.6B2.3B1.5B2.3B2.4B
Accounts Payable119.0M113.2M92.2M115.1M122.2M109.6M
Cash1.8B1.4B3.2B1.0B1.2B727.6M
Other Assets2.9B3.1B3.1B3.3B3.8B4.0B
Long Term Debt2.0B1.0B397.7M9.7M8.7M8.3M
Net Receivables318.3M172.3M267.3M521.0M359.4M377.4M
Short Term Investments136.9M367.9M92.4M1.4B1.1B1.2B
Inventory48.2M40.7M45.1M36.2M43.6M28.9M
Other Current Assets261.4M295.9M230.9M202.9M207.7M182.9M
Total Liab7.8B8.0B15.7B14.8B14.0B14.7B
Intangible Assets3.8B3.7B3.5B3.5B3.4B3.6B
Common Stock978.9M987.7M987.7M1.1B1.3B1.4B
Property Plant Equipment2.6B2.6B2.4B11.1B12.8B13.4B
Good Will4.7B4.7B4.7B4.7B4.7B4.2B
Net Tangible Assets(414.3M)468.3M32.3M2.9B3.3B3.5B
Other Stockholder Equity49.5M332.7K(11.5M)(10.1M)(9.1M)(8.6M)
Deferred Long Term Liab2.2B2.3B2.1B2.1B2.4B2.1B
Short Long Term Debt234M600M500.5M948.5M30.4M28.9M
Total Current Assets2.5B2.4B4.0B3.4B3.0B2.6B
Non Current Assets Total14.6B14.3B23.1B22.1B22.2B19.4B
Non Currrent Assets Other18.8M95.4M70.2M69.2M602.9M572.8M
Non Current Liabilities Total3.9B3.1B10.5B9.5B9.5B6.8B
Non Current Liabilities Other870.5M843.3M65.0M60.5M76.3M72.5M
Common Stock Shares Outstanding987.7M987.7M1.1B1.1B1.1B1.1B
Net Invested Capital11.0B10.0B12.0B11.4B11.2B12.2B
Net Working Capital(1.3B)(2.5B)(1.2B)(2.0B)(1.5B)(1.5B)
Capital Stock987.7M987.7M1.1B1.1B1.1B1.2B

Currently Active Assets on Macroaxis

Other Information on Investing in BTG Stock

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