InnSuites Treasury Stock vs Total Stockholder Equity Analysis
IHT Stock | USD 2.25 0.02 0.88% |
InnSuites Hospitality financial indicator trend analysis is infinitely more than just investigating InnSuites Hospitality recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InnSuites Hospitality is a good investment. Please check the relationship between InnSuites Hospitality Treasury Stock and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnSuites 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.
Treasury Stock vs Total Stockholder Equity
Treasury Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InnSuites Hospitality Treasury Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between InnSuites Hospitality's Treasury Stock and Total Stockholder Equity is 0.67. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of InnSuites Hospitality Trust, assuming nothing else is changed. The correlation between historical values of InnSuites Hospitality's Treasury Stock 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 Treasury Stock of InnSuites 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 Treasury Stock i.e., InnSuites Hospitality's Treasury Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Treasury Stock
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 InnSuites Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InnSuites 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnSuites 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, InnSuites Hospitality's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 36.3 M in 2024, despite the fact that Tax Provision is likely to grow to (1.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1M | 3.5M | 3.8M | 3.9M | Total Revenue | 6.4M | 7.1M | 7.5M | 12.5M |
InnSuites Hospitality fundamental ratios Correlations
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InnSuites Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running InnSuites Hospitality's price analysis, check to measure InnSuites Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InnSuites Hospitality is operating at the current time. Most of InnSuites Hospitality's value examination focuses on studying past and present price action to predict the probability of InnSuites Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnSuites Hospitality's price. Additionally, you may evaluate how the addition of InnSuites Hospitality to your portfolios can decrease your overall portfolio volatility.