ROHLTD Stock | | | 321.30 5.80 1.84% |
Royal Orchid financial indicator trend analysis is much more than just breaking down Royal Orchid Hotels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Orchid Hotels is a good investment. Please check the relationship between Royal Orchid Retained Earnings and its Cash And Short Term Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Orchid Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Retained Earnings vs Cash And Short Term Investments
Retained Earnings vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Royal Orchid Hotels Retained Earnings account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Royal Orchid's Retained Earnings and Cash And Short Term Investments is 0.14. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Royal Orchid Hotels, assuming nothing else is changed. The correlation between historical values of Royal Orchid's Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Royal Orchid Hotels are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Royal Orchid's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Royal Orchid Hotels balance sheet. This account contains Royal Orchid investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Royal Orchid Hotels fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Royal Orchid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Orchid Hotels 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Orchid Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 77.2
M. In addition to that,
Discontinued Operations is expected to decline to about (357.8
M)
Royal Orchid fundamental ratios Correlations
Click cells to compare fundamentals
Royal Orchid Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royal Orchid fundamental ratios Accounts
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Other Information on Investing in Royal Stock
Balance Sheet is a snapshot of the
financial position of Royal Orchid Hotels at a specified time, usually calculated after every quarter, six months, or one year. Royal Orchid Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Royal Orchid 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 Royal currently owns. An asset can also be divided into two categories, current and non-current.