ASIANHOTNR | | | 200.04 9.52 5.00% |
Asian Hotels financial indicator trend analysis is way more than just evaluating Asian Hotels Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asian Hotels Limited is a good investment. Please check the relationship between Asian Hotels Short Term Debt and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Asian Hotels Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Asian Hotels Limited Short Term Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Asian Hotels' Short Term Debt and Total Current Liabilities is 0.67. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Asian Hotels Limited, assuming nothing else is changed. The correlation between historical values of Asian Hotels' Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Asian Hotels Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Asian Hotels' Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on Asian Hotels balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Asian Hotels Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Asian Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asian Hotels Limited 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 Asian Hotels Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 1st of December 2024,
Tax Provision is likely to grow to about 2
M, while
Selling General Administrative is likely to drop about 102.8
M.
Asian Hotels fundamental ratios Correlations
Click cells to compare fundamentals
Asian Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Asian Hotels fundamental ratios Accounts
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Other Information on Investing in Asian Stock
Balance Sheet is a snapshot of the
financial position of Asian Hotels Limited at a specified time, usually calculated after every quarter, six months, or one year. Asian Hotels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Asian 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 Asian currently owns. An asset can also be divided into two categories, current and non-current.