CCHHL Stock | | | 20.91 0.33 1.60% |
Country Club financial indicator trend analysis is way more than just evaluating Country Club Hospitality prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Country Club Hospitality is a good investment. Please check the relationship between Country Club Income Tax Expense and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Country Club Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Income Tax Expense vs Cost Of Revenue
Income Tax Expense vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Country Club Hospitality Income Tax Expense account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Country Club's Income Tax Expense and Cost Of Revenue is -0.17. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Country Club Hospitality, assuming nothing else is changed. The correlation between historical values of Country Club's Income Tax Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Country Club Hospitality are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Country Club's Income Tax Expense and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Cost Of Revenue
Cost of Revenue is found on Country Club Hospitality income statement and represents the costs associated with goods and services Country Club provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Country Club's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Country Club Hospitality 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 Country Club Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of the 29th of November 2024,
Selling General Administrative is likely to drop to about 74.2
M. In addition to that,
Tax Provision is likely to drop to about 10.2
MCountry Club fundamental ratios Correlations
Click cells to compare fundamentals
Country Club Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Country Club fundamental ratios Accounts
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Other Information on Investing in Country Stock
Balance Sheet is a snapshot of the
financial position of Country Club Hospitality at a specified time, usually calculated after every quarter, six months, or one year. Country Club Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Country Club 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 Country currently owns. An asset can also be divided into two categories, current and non-current.