Chatham Capital Surpluse vs Net Invested Capital Analysis
CLDT Stock | USD 8.52 0.04 0.47% |
Chatham Lodging financial indicator trend analysis is way more than just evaluating Chatham Lodging Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chatham Lodging Trust is a good investment. Please check the relationship between Chatham Lodging Capital Surpluse and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chatham Lodging Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Capital Surpluse vs Net Invested Capital
Capital Surpluse vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chatham Lodging Trust Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chatham Lodging's Capital Surpluse and Net Invested Capital is -0.25. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Chatham Lodging Trust, assuming nothing else is changed. The correlation between historical values of Chatham Lodging's Capital Surpluse and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Chatham Lodging Trust are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Chatham Lodging's Capital Surpluse and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Surpluse
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Chatham Lodging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chatham Lodging 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chatham Lodging Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. At this time, Chatham Lodging's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 11.03 in 2024, whereas Enterprise Value is likely to drop slightly above 822.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 59.1M | 111.6M | 110.9M | 78.9M | Total Revenue | 204.0M | 294.9M | 311.1M | 209.4M |
Chatham Lodging fundamental ratios Correlations
Click cells to compare fundamentals
Chatham Lodging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chatham Lodging fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B | 1.1B | |
Other Current Liab | (68.6M) | (114.9M) | 1.8M | 5.2M | 5.4M | 5.7M | |
Total Current Liabilities | 54.4M | 45.8M | 29.5M | 33.7M | 34.7M | 31.1M | |
Total Stockholder Equity | 762.4M | 677.8M | 797.5M | 794.9M | 776.1M | 574.5M | |
Accounts Payable | 33.0M | 25.4M | 27.7M | 28.5M | 29.3M | 22.0M | |
Cash | 6.6M | 21.1M | 19.2M | 26.3M | 68.1M | 71.5M | |
Other Assets | 4.3M | 1.3B | 22.4M | 28.7M | 1.3B | 1.3B | |
Long Term Debt | 495.5M | 460.1M | 439.3M | 469.9M | 484.1M | 392.0M | |
Other Current Assets | 2.6M | 2.3M | 2.8M | 18.9M | (90.1M) | (85.6M) | |
Total Liab | 663.6M | 677.8M | 596.5M | 525.7M | 539.6M | 478.0M | |
Property Plant Equipment | 1.3B | 1.3B | 1.4B | 1.3B | 1.5B | 976.8M | |
Net Debt | 602.6M | 610.9M | 547.8M | 465.7M | 436.8M | 455.4M | |
Cash And Short Term Investments | 6.6M | 21.1M | 19.2M | 26.3M | 68.1M | 71.5M | |
Common Stock Total Equity | 469K | 470K | 487K | 488K | 561.2K | 358.6K | |
Common Stock Shares Outstanding | 47.0M | 47.0M | 48.3M | 49.1M | 48.8M | 36.3M | |
Liabilities And Stockholders Equity | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B | 1.1B | |
Other Stockholder Equity | 904.3M | 906M | 1.0B | 1.0B | 1.0B | 784.7M | |
Total Current Assets | 27.4M | 35.4M | 35.7M | 50.3M | 90.1M | 94.6M | |
Common Stock | 469K | 470K | 487K | 488K | 561.2K | 370.5K | |
Short Long Term Debt Total | 609.2M | 632.0M | 567.0M | 492.0M | 504.9M | 507.4M | |
Retained Earnings | (142.4M) | (228.7M) | (251.1M) | (252.7M) | (271.7M) | (258.1M) | |
Non Current Assets Total | 1.4B | 1.3B | 1.4B | 1.3B | 1.3B | 1.2B | |
Net Receivables | 4.6M | 1.7M | 3.0M | 5.2M | 4.4M | 3.8M | |
Non Current Liabilities Total | 609.2M | 632.0M | 567.0M | 492.0M | 504.9M | 507.4M | |
Net Tangible Assets | 762.4M | 677.8M | 797.5M | 794.8M | 914.1M | 677.9M | |
Noncontrolling Interest In Consolidated Entity | 12.6M | 14.7M | 16.7M | 23.1M | 26.6M | 27.9M | |
Non Currrent Assets Other | 1.4B | 1.3B | 1.4B | 1.3B | 1.2B | 1.2B | |
Retained Earnings Total Equity | (142.4M) | (228.7M) | (251.1M) | (252.7M) | (227.4M) | (216.0M) | |
Long Term Debt Total | 495.5M | 460.1M | 439.3M | 430.6M | 495.1M | 462.4M | |
Capital Surpluse | 904.3M | 906M | 1.0B | 1.0B | 1.2B | 790.9M | |
Inventory | 13.6M | 10.3M | 10.7M | (800K) | 107.7M | 113.1M | |
Deferred Long Term Liab | 4.3M | 5.4M | 4.6M | 6.4M | 7.4M | 4.4M |
Pair Trading with Chatham Lodging
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chatham Lodging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chatham Lodging will appreciate offsetting losses from the drop in the long position's value.Moving together with Chatham Stock
0.89 | FR | First Industrial Realty | PairCorr |
Moving against Chatham Stock
0.87 | ELME | Elme Communities | PairCorr |
0.83 | AVB | AvalonBay Communities | PairCorr |
0.82 | BHR | Braemar Hotel Resorts | PairCorr |
0.81 | HR | Healthcare Realty Trust | PairCorr |
0.75 | EPRT | Essential Properties | PairCorr |
The ability to find closely correlated positions to Chatham Lodging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chatham Lodging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chatham Lodging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chatham Lodging Trust to buy it.
The correlation of Chatham Lodging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chatham Lodging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chatham Lodging Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chatham Lodging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chatham Lodging Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Chatham Lodging Trust information on this page should be used as a complementary analysis to other Chatham Lodging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Chatham Stock analysis
When running Chatham Lodging's price analysis, check to measure Chatham Lodging'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 Chatham Lodging is operating at the current time. Most of Chatham Lodging's value examination focuses on studying past and present price action to predict the probability of Chatham Lodging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Lodging's price. Additionally, you may evaluate how the addition of Chatham Lodging to your portfolios can decrease your overall portfolio volatility.
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Is Chatham Lodging's industry 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 Chatham Lodging. If investors know Chatham 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 Chatham Lodging 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 (0.48) | Dividend Share 0.28 | Earnings Share (0.12) | Revenue Per Share 6.36 | Quarterly Revenue Growth 0.014 |
The market value of Chatham Lodging Trust is measured differently than its book value, which is the value of Chatham that is recorded on the company's balance sheet. Investors also form their own opinion of Chatham Lodging's value that differs from its market value or its book value, called intrinsic value, which is Chatham Lodging's 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 Chatham Lodging's market value can be influenced by many factors that don't directly affect Chatham Lodging's 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 Chatham Lodging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chatham Lodging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chatham Lodging's 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.