Ashford Other Current Assets vs Total Stockholder Equity Analysis

AHT Stock  USD 7.73  0.06  0.77%   
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 Other Current Assets and its Total Stockholder Equity 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.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashford Hospitality Trust Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ashford Hospitality's Other Current Assets and Total Stockholder Equity is 0.29. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity 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 Other Current Assets and Total Stockholder Equity 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 Current Assets of Ashford Hospitality Trust are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Ashford Hospitality's Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Revenue697.0M953.2M1.0B667.3M
Depreciation And Amortization917.5M1.2B187.8M226.7M

Ashford Hospitality fundamental ratios Correlations

0.450.090.02-0.010.93-0.040.77-0.410.280.450.920.940.610.920.080.930.92-0.010.67-0.310.990.610.750.770.6
0.450.0-0.29-0.590.150.250.03-0.570.860.840.120.270.080.13-0.220.130.370.28-0.050.570.460.140.160.180.14
0.090.0-0.150.360.13-0.18-0.070.2-0.29-0.140.160.24-0.050.14-0.270.150.20.290.11-0.370.13-0.040.070.37-0.08
0.02-0.29-0.15-0.110.2-0.110.30.16-0.4-0.30.250.0-0.250.2-0.020.19-0.14-0.010.21-0.240.07-0.28-0.270.36-0.14
-0.01-0.590.36-0.110.19-0.240.00.24-0.7-0.660.20.190.320.210.460.220.16-0.450.49-0.84-0.030.270.370.160.23
0.930.150.130.20.19-0.230.84-0.27-0.070.130.990.960.641.00.21.00.9-0.150.78-0.550.910.620.750.840.53
-0.040.25-0.18-0.11-0.24-0.23-0.370.170.520.52-0.24-0.2-0.2-0.29-0.09-0.23-0.290.09-0.080.36-0.02-0.23-0.23-0.30.15
0.770.03-0.070.30.00.84-0.37-0.39-0.10.030.830.770.630.85-0.060.840.70.080.55-0.430.740.640.680.750.34
-0.41-0.570.20.160.24-0.270.17-0.39-0.39-0.33-0.24-0.35-0.3-0.280.09-0.26-0.46-0.12-0.04-0.21-0.39-0.35-0.37-0.43-0.03
0.280.86-0.29-0.4-0.7-0.070.52-0.1-0.390.94-0.10.05-0.01-0.1-0.25-0.080.130.29-0.210.740.280.040.02-0.160.16
0.450.84-0.14-0.3-0.660.130.520.03-0.330.940.10.250.010.09-0.260.110.260.3-0.040.580.460.060.090.040.31
0.920.120.160.250.20.99-0.240.83-0.24-0.10.10.950.570.990.190.990.89-0.130.76-0.570.910.550.70.860.51
0.940.270.240.00.190.96-0.20.77-0.350.050.250.950.630.960.120.960.94-0.060.76-0.50.920.630.780.830.55
0.610.08-0.05-0.250.320.64-0.20.63-0.3-0.010.010.570.630.650.320.650.6-0.30.62-0.430.520.990.950.320.59
0.920.130.140.20.211.0-0.290.85-0.28-0.10.090.990.960.650.211.00.91-0.150.77-0.570.890.640.760.840.53
0.08-0.22-0.27-0.020.460.2-0.09-0.060.09-0.25-0.260.190.120.320.210.210.17-0.990.38-0.330.030.290.3-0.080.32
0.930.130.150.190.221.0-0.230.84-0.26-0.080.110.990.960.651.00.210.9-0.150.78-0.570.910.630.760.840.54
0.920.370.2-0.140.160.9-0.290.7-0.460.130.260.890.940.60.910.170.9-0.10.6-0.370.910.610.770.770.48
-0.010.280.29-0.01-0.45-0.150.090.08-0.120.290.3-0.13-0.06-0.3-0.15-0.99-0.15-0.1-0.350.320.05-0.26-0.260.13-0.28
0.67-0.050.110.210.490.78-0.080.55-0.04-0.21-0.040.760.760.620.770.380.780.6-0.35-0.750.620.60.710.610.6
-0.310.57-0.37-0.24-0.84-0.550.36-0.43-0.210.740.58-0.57-0.5-0.43-0.57-0.33-0.57-0.370.32-0.75-0.3-0.4-0.51-0.52-0.36
0.990.460.130.07-0.030.91-0.020.74-0.390.280.460.910.920.520.890.030.910.910.050.62-0.30.520.680.790.57
0.610.14-0.04-0.280.270.62-0.230.64-0.350.040.060.550.630.990.640.290.630.61-0.260.6-0.40.520.960.330.57
0.750.160.07-0.270.370.75-0.230.68-0.370.020.090.70.780.950.760.30.760.77-0.260.71-0.510.680.960.490.67
0.770.180.370.360.160.84-0.30.75-0.43-0.160.040.860.830.320.84-0.080.840.770.130.61-0.520.790.330.490.21
0.60.14-0.08-0.140.230.530.150.34-0.030.160.310.510.550.590.530.320.540.48-0.280.6-0.360.570.570.670.21
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Ashford Hospitality Account Relationship Matchups

Ashford Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B3.7B4.1B3.9B3.5B3.2B
Property Plant And Equipment Net50.0M45.0M44.6M43.9M44.0M41.8M
Non Currrent Assets Other17.9M23.3M16.2M(727.5M)3.0B3.1B
Other Assets19.2M3.6B188.9M283.6M13.7M13.0M
Common Stock Shares Outstanding998.4K1.6M21.8M34.3M34.5M36.2M
Liabilities And Stockholders Equity4.7B3.7B4.1B3.9B3.5B3.2B
Total Liab4.4B4.0B4.1B4.0B3.7B2.6B
Short Long Term Debt Total7.4B6.6B7.1B3.9B3.5B3.5B
Other Current Liab29.9M113.1M20.5M(43.8M)15.9M16.7M
Total Stockholder Equity268.8M(283.6M)(2.7M)(150.4M)(261.1M)(248.1M)
Other Liab28.0M7.5M7.0M6.3M5.7M5.4M
Net Debt3.9B3.7B3.3B3.5B3.3B2.5B
Accounts Payable134.3M100.0M117.7M116.0M129.3M85.6M
Cash262.6M92.9M592.1M417.1M165.2M212.3M
Long Term Debt4.1B3.7B3.9B3.8B3.4B2.6B
Short Term Investments14.6M263K501K3.1B13.7M13.0M
Non Current Liabilities Total4.2B3.8B3.9B3.9B3.5B2.7B
Inventory4.3M2.4M3.3M3.9M3.7M3.0M
Other Current Assets157.5M92.8M112.9M(3.0B)200.3M210.3M
Other Stockholder Equity1.5B2.1B2.4B2.5B2.4B1.5B
Retained Earnings(1.6B)(2.1B)(2.4B)(2.5B)(2.7B)(2.6B)
Non Current Assets Total4.2B3.5B3.3B3.3B3.0B3.1B
Cash And Short Term Investments277.2M92.9M592.1M417.1M165.2M232.2M
Total Current Assets506.8M233.4M789.2M663.3M414.7M478.2M
Total Current Liabilities164.3M213.1M138.1M135.7M194.9M160.9M
Net Receivables67.7M45.2M80.8M84.4M45.5M65.2M
Common Stock Total Equity1.0M1.0M644K345K396.8K376.9K
Common Stock1.0M1.0M644K345K374K694.3K
Current Deferred Revenue(3.3B)(2.9B)(3.3B)(31.6M)(28.5M)(29.9M)
Short Term Debt3.3B2.9B3.3B63.5M49.7M47.2M
Noncontrolling Interest In Consolidated Entity646K616K504K166K190.9K181.4K
Retained Earnings Total Equity(1.6B)(2.1B)(2.4B)(2.5B)(2.3B)(2.2B)
Deferred Long Term Liab2.9M1.9M5.0M2.7M3.1M2.5M

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