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 Inventory and its Total Liab 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.
Inventory vs Total Liab
Inventory vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BTG Hotels Group Inventory account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between BTG Hotels' Inventory and Total Liab is 0.71. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Liab 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' Inventory and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of BTG Hotels Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Inventory i.e., BTG Hotels' Inventory and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.
BTG Hotels fundamental ratios Correlations
Click cells to compare fundamentals
BTG Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BTG Hotels fundamental ratios Accounts
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.