Service Depreciation vs Other Non Cash Items Analysis
SVC Stock | USD 2.80 0.01 0.36% |
Service Properties financial indicator trend analysis is much more than just breaking down Service Properties Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Service Properties Trust is a good investment. Please check the relationship between Service Properties Depreciation and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Service Properties 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 real.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Service Properties Trust Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Service Properties' Depreciation and Other Non Cash Items is -0.11. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Service Properties Trust, assuming nothing else is changed. The correlation between historical values of Service Properties' Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Service Properties Trust are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Service Properties' Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Service Properties Trust value has been used up. For tax purposes Service Properties can deduct the cost of the tangible assets it purchases as business expenses. However, Service Properties Trust must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Other Non Cash Items
Most indicators from Service Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Service Properties Trust 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Service Properties 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 real. The current year's Sales General And Administrative To Revenue is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 45.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 484.8M | 635.7M | 633.9M | 594.5M | Total Revenue | 1.5B | 1.9B | 1.9B | 1.2B |
Service Properties fundamental ratios Correlations
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Service Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Service Properties fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.0B | 8.7B | 9.2B | 7.5B | 7.4B | 5.3B | |
Other Current Liab | 20.4M | 108.7M | (234.8M) | (230.3M) | 14.7M | 14.0M | |
Total Current Liabilities | 733.1M | 454.1M | 1.5B | 443.9M | 395.3M | 391.6M | |
Total Stockholder Equity | 2.5B | 2.1B | 1.6B | 1.4B | 1.2B | 2.3B | |
Property Plant And Equipment Net | 75.0M | 84.9M | 177.3M | 177.3M | 157.1M | 149.3M | |
Net Debt | 6.0B | 6.1B | 6.2B | 5.6B | 5.3B | 5.6B | |
Retained Earnings | (2.0B) | (2.4B) | (3.0B) | (3.2B) | (3.3B) | (3.2B) | |
Accounts Payable | 335.7M | 345.4M | 433.4M | 426.0M | 380.5M | 399.5M | |
Cash | 27.6M | 73.3M | 944.0M | 38.4M | 180.1M | 93.6M | |
Non Current Assets Total | 8.8B | 8.5B | 7.6B | 7.3B | 130.6M | 124.1M | |
Non Currrent Assets Other | 8.4B | 8.2B | 7.4B | 6.9B | (113.3M) | (107.6M) | |
Other Assets | 65.1M | 8.3B | 7.9B | 7.0B | 7.0B | 7.3B | |
Cash And Short Term Investments | 27.6M | 73.3M | 944.0M | 38.4M | 180.1M | 93.6M | |
Net Receivables | 68.7M | 71.8M | 75.0M | 67.3M | 63.2M | 51.9M | |
Common Stock Total Equity | 1.6M | 1.6M | 1.6M | 1.7M | 1.9M | 1.1M | |
Common Stock Shares Outstanding | 164.3M | 164.4M | 164.6M | 164.7M | 165.0M | 114.2M | |
Liabilities And Stockholders Equity | 9.0B | 8.7B | 9.2B | 7.5B | 7.4B | 5.3B | |
Other Stockholder Equity | 4.5B | 4.6B | 4.6B | 4.6B | 4.6B | 3.4B | |
Total Liab | 6.5B | 6.6B | 7.6B | 6.1B | 6.1B | 6.4B | |
Total Current Assets | 237.4M | 160.5M | 1.5B | 202.4M | 271.5M | 182.7M | |
Accumulated Other Comprehensive Income | (2.0B) | (760K) | 779K | 2.4M | 2.3M | 2.4M | |
Common Stock | 1.6M | 1.6M | 1.7M | 1.7M | 1.7M | 1.2M | |
Short Long Term Debt Total | 6.1B | 6.2B | 7.1B | 5.7B | 5.5B | 2.8B | |
Non Current Liabilities Total | 5.8B | 6.1B | 6.1B | 5.7B | 5.7B | 6.0B | |
Other Current Assets | (151.8M) | 31.7M | 518.9M | 129.0M | 28.2M | 26.8M | |
Short Term Debt | 377M | 78.4M | 1B | 500M | 14.0M | 13.3M | |
Intangible Assets | 378.2M | 325.8M | 283.2M | 252.4M | 130.6M | 199.6M | |
Net Tangible Assets | 2.1B | 1.8B | 1.3B | 1.1B | 1.0B | 1.8B | |
Long Term Debt | 5.7B | 6.1B | 6.1B | 5.7B | 5.5B | 4.8B | |
Retained Earnings Total Equity | (1.9B) | (2.0B) | (2.4B) | (3.0B) | (2.7B) | (2.8B) | |
Long Term Debt Total | 4.0B | 5.7B | 6.1B | 6.1B | 7.1B | 4.5B | |
Capital Surpluse | 4.5B | 4.5B | 4.6B | 4.6B | 5.2B | 4.8B | |
Non Current Liabilities Other | 211.3M | 335.7M | 345.1M | 433.4M | 498.5M | 258.6M | |
Property Plant Equipment | 8.4B | 7.9B | 7.5B | 6.8B | 7.8B | 7.4B | |
Other Liab | 197.1M | 92.6M | 21.5M | 71.7M | 64.5M | 109.9M | |
Deferred Long Term Liab | 1.6M | 7.4M | 6.1M | 2.3M | 2.6M | 4.5M | |
Long Term Investments | 8.6M | 12.0M | 123.8M | 165.7M | 113.3M | 61.3M | |
Short Long Term Debt | 177M | 377M | 78.4M | 1B | 1.2B | 1.2B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Service Properties Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Service Properties' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Service Properties Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Service Properties Trust Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Service Properties 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 real. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Service Properties. If investors know Service will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Service Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Dividend Share 0.61 | Earnings Share (1.47) | Revenue Per Share 11.405 | Quarterly Revenue Growth (0.01) |
The market value of Service Properties Trust is measured differently than its book value, which is the value of Service that is recorded on the company's balance sheet. Investors also form their own opinion of Service Properties' value that differs from its market value or its book value, called intrinsic value, which is Service Properties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Service Properties' market value can be influenced by many factors that don't directly affect Service Properties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Service Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Service Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Service Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.