Ashford Net Tangible Assets vs Common Stock Analysis

AHT Stock

USD 7.74 0.05 0.64%

Ashford Hospitality financial indicator trend analysis is way more than just evaluating Ashford Hospitality Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ashford Hospitality Trust is a good investment. Please check the relationship between Ashford Hospitality Net Tangible Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashford Hospitality Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Tangible Assets vs Common Stock

Net Tangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashford Hospitality Trust Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ashford Hospitality's Net Tangible Assets and Common Stock is 0.64. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Ashford Hospitality Trust, assuming nothing else is changed. The correlation between historical values of Ashford Hospitality's Net Tangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ashford Hospitality Trust are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Ashford Hospitality's Net Tangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock

Most indicators from Ashford Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashford Hospitality Trust 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 Ashford Hospitality Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Ashford Hospitality's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 22.90 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 58.2 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	697.0M	953.2M	1.0B	667.3M
Depreciation And Amortization	917.5M	1.2B	187.8M	226.7M

Cost Of Revenue Depreciation And Amortization

Ashford Hospitality fundamental ratios Correlations

	Total Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Other Liab	Net Debt	Accounts Payable	Cash	Long Term Debt	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Retained Earnings	Non Current Assets Total	Cash And Short Term Investments	Total Current Assets	Total Current Liabilities	Net Receivables
Total Assets		0.45	0.09	0.02	-0.01	0.93	-0.04	0.77	-0.41	0.28	0.45	0.92	0.94	0.61	0.92	0.08	0.93	0.92	-0.01	0.67	-0.31	0.99	0.61	0.75	0.77	0.6
Property Plant And Equipment Net	0.45		0.0	-0.29	-0.59	0.15	0.25	0.03	-0.57	0.86	0.84	0.12	0.27	0.08	0.13	-0.22	0.13	0.37	0.28	-0.05	0.57	0.46	0.14	0.16	0.18	0.14
Non Currrent Assets Other	0.09	0.0		-0.15	0.36	0.13	-0.18	-0.07	0.2	-0.29	-0.14	0.16	0.24	-0.05	0.14	-0.27	0.15	0.2	0.29	0.11	-0.37	0.13	-0.04	0.07	0.37	-0.08
Other Assets	0.02	-0.29	-0.15		-0.11	0.2	-0.11	0.3	0.16	-0.4	-0.3	0.25	0.0	-0.25	0.2	-0.02	0.19	-0.14	-0.01	0.21	-0.24	0.07	-0.28	-0.27	0.36	-0.14
Common Stock Shares Outstanding	-0.01	-0.59	0.36	-0.11		0.19	-0.24	0.0	0.24	-0.7	-0.66	0.2	0.19	0.32	0.21	0.46	0.22	0.16	-0.45	0.49	-0.84	-0.03	0.27	0.37	0.16	0.23
Total Liab	0.93	0.15	0.13	0.2	0.19		-0.23	0.84	-0.27	-0.07	0.13	0.99	0.96	0.64	1.0	0.2	1.0	0.9	-0.15	0.78	-0.55	0.91	0.62	0.75	0.84	0.53
Property Plant And Equipment Gross	-0.04	0.25	-0.18	-0.11	-0.24	-0.23		-0.37	0.17	0.52	0.52	-0.24	-0.2	-0.2	-0.29	-0.09	-0.23	-0.29	0.09	-0.08	0.36	-0.02	-0.23	-0.23	-0.3	0.15
Short Long Term Debt Total	0.77	0.03	-0.07	0.3	0.0	0.84	-0.37		-0.39	-0.1	0.03	0.83	0.77	0.63	0.85	-0.06	0.84	0.7	0.08	0.55	-0.43	0.74	0.64	0.68	0.75	0.34
Other Current Liab	-0.41	-0.57	0.2	0.16	0.24	-0.27	0.17	-0.39		-0.39	-0.33	-0.24	-0.35	-0.3	-0.28	0.09	-0.26	-0.46	-0.12	-0.04	-0.21	-0.39	-0.35	-0.37	-0.43	-0.03
Total Stockholder Equity	0.28	0.86	-0.29	-0.4	-0.7	-0.07	0.52	-0.1	-0.39		0.94	-0.1	0.05	-0.01	-0.1	-0.25	-0.08	0.13	0.29	-0.21	0.74	0.28	0.04	0.02	-0.16	0.16
Other Liab	0.45	0.84	-0.14	-0.3	-0.66	0.13	0.52	0.03	-0.33	0.94		0.1	0.25	0.01	0.09	-0.26	0.11	0.26	0.3	-0.04	0.58	0.46	0.06	0.09	0.04	0.31
Net Debt	0.92	0.12	0.16	0.25	0.2	0.99	-0.24	0.83	-0.24	-0.1	0.1		0.95	0.57	0.99	0.19	0.99	0.89	-0.13	0.76	-0.57	0.91	0.55	0.7	0.86	0.51
Accounts Payable	0.94	0.27	0.24	0.0	0.19	0.96	-0.2	0.77	-0.35	0.05	0.25	0.95		0.63	0.96	0.12	0.96	0.94	-0.06	0.76	-0.5	0.92	0.63	0.78	0.83	0.55
Cash	0.61	0.08	-0.05	-0.25	0.32	0.64	-0.2	0.63	-0.3	-0.01	0.01	0.57	0.63		0.65	0.32	0.65	0.6	-0.3	0.62	-0.43	0.52	0.99	0.95	0.32	0.59
Long Term Debt	0.92	0.13	0.14	0.2	0.21	1.0	-0.29	0.85	-0.28	-0.1	0.09	0.99	0.96	0.65		0.21	1.0	0.91	-0.15	0.77	-0.57	0.89	0.64	0.76	0.84	0.53
Short Term Investments	0.08	-0.22	-0.27	-0.02	0.46	0.2	-0.09	-0.06	0.09	-0.25	-0.26	0.19	0.12	0.32	0.21		0.21	0.17	-0.99	0.38	-0.33	0.03	0.29	0.3	-0.08	0.32
Non Current Liabilities Total	0.93	0.13	0.15	0.19	0.22	1.0	-0.23	0.84	-0.26	-0.08	0.11	0.99	0.96	0.65	1.0	0.21		0.9	-0.15	0.78	-0.57	0.91	0.63	0.76	0.84	0.54
Inventory	0.92	0.37	0.2	-0.14	0.16	0.9	-0.29	0.7	-0.46	0.13	0.26	0.89	0.94	0.6	0.91	0.17	0.9		-0.1	0.6	-0.37	0.91	0.61	0.77	0.77	0.48
Other Current Assets	-0.01	0.28	0.29	-0.01	-0.45	-0.15	0.09	0.08	-0.12	0.29	0.3	-0.13	-0.06	-0.3	-0.15	-0.99	-0.15	-0.1		-0.35	0.32	0.05	-0.26	-0.26	0.13	-0.28
Other Stockholder Equity	0.67	-0.05	0.11	0.21	0.49	0.78	-0.08	0.55	-0.04	-0.21	-0.04	0.76	0.76	0.62	0.77	0.38	0.78	0.6	-0.35		-0.75	0.62	0.6	0.71	0.61	0.6
Retained Earnings	-0.31	0.57	-0.37	-0.24	-0.84	-0.55	0.36	-0.43	-0.21	0.74	0.58	-0.57	-0.5	-0.43	-0.57	-0.33	-0.57	-0.37	0.32	-0.75		-0.3	-0.4	-0.51	-0.52	-0.36
Non Current Assets Total	0.99	0.46	0.13	0.07	-0.03	0.91	-0.02	0.74	-0.39	0.28	0.46	0.91	0.92	0.52	0.89	0.03	0.91	0.91	0.05	0.62	-0.3		0.52	0.68	0.79	0.57
Cash And Short Term Investments	0.61	0.14	-0.04	-0.28	0.27	0.62	-0.23	0.64	-0.35	0.04	0.06	0.55	0.63	0.99	0.64	0.29	0.63	0.61	-0.26	0.6	-0.4	0.52		0.96	0.33	0.57
Total Current Assets	0.75	0.16	0.07	-0.27	0.37	0.75	-0.23	0.68	-0.37	0.02	0.09	0.7	0.78	0.95	0.76	0.3	0.76	0.77	-0.26	0.71	-0.51	0.68	0.96		0.49	0.67
Total Current Liabilities	0.77	0.18	0.37	0.36	0.16	0.84	-0.3	0.75	-0.43	-0.16	0.04	0.86	0.83	0.32	0.84	-0.08	0.84	0.77	0.13	0.61	-0.52	0.79	0.33	0.49		0.21
Net Receivables	0.6	0.14	-0.08	-0.14	0.23	0.53	0.15	0.34	-0.03	0.16	0.31	0.51	0.55	0.59	0.53	0.32	0.54	0.48	-0.28	0.6	-0.36	0.57	0.57	0.67	0.21

Click cells to compare fundamentals

Ashford Hospitality Account Relationship Matchups

Ashford Hospitality fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.7B	3.7B	4.1B	3.9B	3.5B	3.2B
Property Plant And Equipment Net	50.0M	45.0M	44.6M	43.9M	44.0M	41.8M
Non Currrent Assets Other	17.9M	23.3M	16.2M	(727.5M)	3.0B	3.1B
Other Assets	19.2M	3.6B	188.9M	283.6M	13.7M	13.0M
Common Stock Shares Outstanding	998.4K	1.6M	21.8M	34.3M	34.5M	36.2M
Liabilities And Stockholders Equity	4.7B	3.7B	4.1B	3.9B	3.5B	3.2B
Total Liab	4.4B	4.0B	4.1B	4.0B	3.7B	2.6B
Short Long Term Debt Total	7.4B	6.6B	7.1B	3.9B	3.5B	3.5B
Other Current Liab	29.9M	113.1M	20.5M	(43.8M)	15.9M	16.7M
Total Stockholder Equity	268.8M	(283.6M)	(2.7M)	(150.4M)	(261.1M)	(248.1M)
Other Liab	28.0M	7.5M	7.0M	6.3M	5.7M	5.4M
Net Debt	3.9B	3.7B	3.3B	3.5B	3.3B	2.5B
Accounts Payable	134.3M	100.0M	117.7M	116.0M	129.3M	85.6M
Cash	262.6M	92.9M	592.1M	417.1M	165.2M	212.3M
Long Term Debt	4.1B	3.7B	3.9B	3.8B	3.4B	2.6B
Short Term Investments	14.6M	263K	501K	3.1B	13.7M	13.0M
Non Current Liabilities Total	4.2B	3.8B	3.9B	3.9B	3.5B	2.7B
Inventory	4.3M	2.4M	3.3M	3.9M	3.7M	3.0M
Other Current Assets	157.5M	92.8M	112.9M	(3.0B)	200.3M	210.3M
Other Stockholder Equity	1.5B	2.1B	2.4B	2.5B	2.4B	1.5B
Retained Earnings	(1.6B)	(2.1B)	(2.4B)	(2.5B)	(2.7B)	(2.6B)
Non Current Assets Total	4.2B	3.5B	3.3B	3.3B	3.0B	3.1B
Cash And Short Term Investments	277.2M	92.9M	592.1M	417.1M	165.2M	232.2M
Total Current Assets	506.8M	233.4M	789.2M	663.3M	414.7M	478.2M
Total Current Liabilities	164.3M	213.1M	138.1M	135.7M	194.9M	160.9M
Net Receivables	67.7M	45.2M	80.8M	84.4M	45.5M	65.2M
Common Stock Total Equity	1.0M	1.0M	644K	345K	396.8K	376.9K
Common Stock	1.0M	1.0M	644K	345K	374K	694.3K
Current Deferred Revenue	(3.3B)	(2.9B)	(3.3B)	(31.6M)	(28.5M)	(29.9M)
Short Term Debt	3.3B	2.9B	3.3B	63.5M	49.7M	47.2M
Noncontrolling Interest In Consolidated Entity	646K	616K	504K	166K	190.9K	181.4K
Retained Earnings Total Equity	(1.6B)	(2.1B)	(2.4B)	(2.5B)	(2.3B)	(2.2B)
Deferred Long Term Liab	2.9M	1.9M	5.0M	2.7M	3.1M	2.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Ashford Stock Analysis

When running Ashford Hospitality's price analysis, check to measure Ashford Hospitality's 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 Ashford Hospitality is operating at the current time. Most of Ashford Hospitality's value examination focuses on studying past and present price action to predict the probability of Ashford Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashford Hospitality's price. Additionally, you may evaluate how the addition of Ashford Hospitality to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC