BTG Other Assets vs Good Will 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 Other Assets and its Good Will 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.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTG Hotels Group Other Assets account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BTG Hotels' Other Assets and Good Will is 0.97. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will 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' Other Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of BTG Hotels Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Assets i.e., BTG Hotels' Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

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.
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
Click cells to compare fundamentals

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.