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 Net Income From Continuing Ops and its Income Before Tax 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.
Net Income From Continuing Ops vs Income Before Tax
Net Income From Continuing Ops vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Country Club Hospitality Net Income From Continuing Ops account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Country Club's Net Income From Continuing Ops and Income Before Tax is 0.94. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax 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 Net Income From Continuing Ops and Income Before Tax 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 Income From Continuing Ops of Country Club Hospitality are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., Country Club's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Country Club income statement and is an important metric when analyzing Country Club Hospitality profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.