| ROHLTD Stock | | | 322.60 1.30 0.40% |
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 Total Assets and its Cash 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.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Royal Orchid Hotels Total Assets account and
Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Royal Orchid's Total Assets and Cash is -0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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 Total Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Royal Orchid Hotels are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Royal Orchid's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.51 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Royal Orchid assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Royal Orchid Hotels books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash
Cash refers to the most liquid asset of Royal Orchid Hotels, which is listed under current asset account on Royal Orchid Hotels balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Royal Orchid customers. The amounts must be unrestricted with restricted cash listed in a different Royal Orchid account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 December 1, 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.