Asian Short Term Investments vs Common Stock Shares Outstanding Analysis

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 Investments and its Common Stock Shares Outstanding 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 Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asian Hotels Limited Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Asian Hotels' Short Term Investments and Common Stock Shares Outstanding is 0.67. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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 Investments and Common Stock Shares Outstanding 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 Investments of Asian Hotels Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., Asian Hotels' Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Asian Hotels balance sheet. It contains any investments Asian Hotels Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Asian Hotels Limited can easily liquidate in the marketplace.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
 2021 2022 2023 2024 (projected)
Interest Expense930.3M1.1B1.4B730.9M
Depreciation And Amortization251.1M230.6M219.0M179.7M

Asian Hotels fundamental ratios Correlations

0.720.070.160.560.850.720.010.090.99-0.3-0.44-0.52-0.870.86-0.050.00.570.710.0-0.360.330.430.130.060.2
0.72-0.20.270.150.821.00.51-0.010.71-0.36-0.52-0.49-0.880.910.2-0.050.020.93-0.04-0.66-0.120.470.380.5-0.26
0.07-0.20.76-0.430.14-0.230.230.710.01-0.020.53-0.66-0.13-0.27-0.060.80.00.120.7-0.14-0.38-0.290.310.13-0.39
0.160.270.76-0.630.350.240.730.770.09-0.020.43-0.87-0.430.020.230.8-0.310.50.77-0.57-0.650.050.780.67-0.74
0.560.15-0.43-0.630.190.17-0.71-0.450.60.14-0.560.32-0.270.43-0.22-0.650.760.04-0.580.370.870.31-0.51-0.450.84
0.850.820.140.350.190.820.350.080.85-0.5-0.47-0.59-0.880.85-0.180.10.180.840.0-0.49-0.130.160.240.2-0.12
0.721.0-0.230.240.170.820.5-0.060.72-0.37-0.56-0.46-0.870.920.19-0.080.020.91-0.08-0.64-0.110.480.350.46-0.24
0.010.510.230.73-0.710.350.50.28-0.03-0.220.03-0.61-0.370.220.380.48-0.670.550.44-0.63-0.770.190.70.7-0.85
0.09-0.010.710.77-0.450.08-0.060.280.010.10.8-0.73-0.16-0.170.250.850.070.180.89-0.51-0.35-0.080.720.5-0.49
0.990.710.010.090.60.850.72-0.030.01-0.29-0.51-0.47-0.860.87-0.1-0.080.580.68-0.09-0.310.360.420.070.00.25
-0.3-0.36-0.02-0.020.14-0.5-0.37-0.220.1-0.290.190.120.17-0.440.05-0.220.12-0.33-0.080.410.160.10.070.090.14
-0.44-0.520.530.43-0.56-0.47-0.560.030.8-0.510.19-0.220.45-0.650.250.71-0.08-0.370.77-0.16-0.25-0.280.450.27-0.31
-0.52-0.49-0.66-0.870.32-0.59-0.46-0.61-0.73-0.470.12-0.220.67-0.38-0.22-0.73-0.05-0.63-0.70.650.42-0.19-0.71-0.490.59
-0.87-0.88-0.13-0.43-0.27-0.88-0.87-0.37-0.16-0.860.170.450.67-0.83-0.08-0.05-0.24-0.92-0.050.490.03-0.45-0.34-0.390.17
0.860.91-0.270.020.430.850.920.22-0.170.87-0.44-0.65-0.38-0.830.05-0.170.310.78-0.19-0.50.160.460.120.130.03
-0.050.2-0.060.23-0.22-0.180.190.380.25-0.10.050.25-0.22-0.080.050.28-0.130.170.49-0.310.060.660.460.52-0.32
0.0-0.050.80.8-0.650.1-0.080.480.85-0.08-0.220.71-0.73-0.05-0.170.28-0.160.160.95-0.52-0.5-0.170.650.39-0.6
0.570.020.0-0.310.760.180.02-0.670.070.580.12-0.08-0.05-0.240.31-0.13-0.16-0.03-0.10.140.720.17-0.28-0.440.61
0.710.930.120.50.040.840.910.550.180.68-0.33-0.37-0.63-0.920.780.170.16-0.030.13-0.65-0.230.360.440.59-0.34
0.0-0.040.70.77-0.580.0-0.080.440.89-0.09-0.080.77-0.7-0.05-0.190.490.95-0.10.13-0.53-0.340.070.730.5-0.54
-0.36-0.66-0.14-0.570.37-0.49-0.64-0.63-0.51-0.310.41-0.160.650.49-0.5-0.31-0.520.14-0.65-0.530.4-0.25-0.69-0.660.56
0.33-0.12-0.38-0.650.87-0.13-0.11-0.77-0.350.360.16-0.250.420.030.160.06-0.50.72-0.23-0.340.40.43-0.46-0.430.89
0.430.47-0.290.050.310.160.480.19-0.080.420.1-0.28-0.19-0.450.460.66-0.170.170.360.07-0.250.430.280.370.09
0.130.380.310.78-0.510.240.350.70.720.070.070.45-0.71-0.340.120.460.65-0.280.440.73-0.69-0.460.280.83-0.6
0.060.50.130.67-0.450.20.460.70.50.00.090.27-0.49-0.390.130.520.39-0.440.590.5-0.66-0.430.370.83-0.57
0.2-0.26-0.39-0.740.84-0.12-0.24-0.85-0.490.250.14-0.310.590.170.03-0.32-0.60.61-0.34-0.540.560.890.09-0.6-0.57
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Asian Hotels Account Relationship Matchups

Asian Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.3B20.0B15.6B15.7B17.0B20.7B
Short Long Term Debt Total12.1B12.6B10.8B10.8B10.5B9.3B
Other Current Liab439.3M927.8M857.0M1.8B4.7B5.0B
Total Current Liabilities4.7B5.1B4.4B6.1B9.2B9.6B
Total Stockholder Equity6.3B4.3B2.4B1.6B749.0M711.6M
Property Plant And Equipment Net15.0B19.2B14.8B14.6B14.4B16.1B
Net Debt12.1B12.6B10.8B10.6B10.0B9.1B
Accounts Payable833.8M943.9M947.2M853.9M997.8M1.0B
Cash19.8M11.1M14.1M189.1M534.2M560.9M
Non Current Assets Total20.7B19.7B15.3B15.1B15.0B19.6B
Non Currrent Assets Other205.5M(2K)137.1M130.0M210.6M200.1M
Cash And Short Term Investments21.1M12.3M14.1M233.7M541.8M501.7M
Short Term Investments1.2M1.2M82.1M44.6M37.9M36.0M
Liabilities And Stockholders Equity21.3B20.0B15.6B15.7B17.0B20.7B
Non Current Liabilities Total10.0B10.4B8.8B8.0B7.1B8.3B
Inventory103.3M58.2M57.3M91.9M114.0M90.6M
Other Current Assets1K44.8M99.1M81.7M1.2B1.3B
Other Stockholder Equity6.6B6.8B3.3B1.2B3.3B6.0B
Total Liab14.8B15.5B13.2B14.1B16.3B12.2B
Total Current Assets668.2M304.2M282.7M634.9M2.1B2.2B
Accumulated Other Comprehensive Income1.4B6.3B7.2B5.1B4.1B4.3B
Retained Earnings1.5B(5.5B)(9.6B)(7.0B)(6.9B)(6.5B)
Net Receivables543.9M183.0M112.2M272.1M214.4M296.0M
Current Deferred Revenue914.1M1.1B568.5M599.7M1.7B1.7B
Short Term Debt2.5B2.1B1.5B2.3B3.4B1.9B
Other Liab441.3M445.8M387.9M38.7M34.8M33.1M
Net Tangible Assets2.0B1.3B4.3B2.4B2.1B2.1B
Other Assets590.7M1K479.3M514.4M463.0M334.0M
Long Term Debt9.6B10.0B8.7B8.0B7.1B7.2B
Short Long Term Debt2.5B2.6B2.1B2.9B3.4B2.2B
Property Plant Equipment15.0B19.2B14.8B14.6B16.8B16.9B
Long Term Debt Total9.6B10.0B8.7B8.0B7.2B7.6B
Net Invested Capital18.4B16.9B13.2B12.4B11.3B12.6B

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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.