Chatham Other Liab vs Total Assets Analysis

CLDT Stock  USD 9.02  0.06  0.66%   
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 Other Liab and its Total Assets 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Other Liab vs Total Assets

Other Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chatham Lodging Trust Other Liab account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chatham Lodging's Other Liab and Total Assets is 0.84. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Assets 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 Other Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Chatham Lodging Trust are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Liab i.e., Chatham Lodging's Other Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Total Assets

Total assets refers to the total amount of Chatham Lodging 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 Chatham Lodging Trust 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.
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 closely tied 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 Profit59.1M111.6M110.9M78.9M
Total Revenue204.0M294.9M311.1M209.4M

Chatham Lodging fundamental ratios Correlations

-0.20.90.990.840.980.320.210.960.47-0.10.980.990.960.160.960.950.970.460.960.98-0.520.990.750.970.95
-0.2-0.44-0.11-0.11-0.20.32-0.14-0.14-0.59-0.27-0.32-0.16-0.330.38-0.13-0.17-0.120.33-0.13-0.27-0.02-0.190.17-0.29-0.02
0.9-0.440.880.830.940.190.220.840.58-0.060.910.880.890.050.850.880.870.350.850.89-0.430.910.660.890.84
0.99-0.110.880.860.980.350.190.930.43-0.130.930.990.910.190.980.960.990.490.970.94-0.560.980.770.930.97
0.84-0.110.830.860.870.60.490.720.41-0.430.770.840.740.490.880.910.890.710.880.79-0.770.860.630.780.9
0.98-0.20.940.980.870.290.160.920.47-0.120.930.970.910.140.950.950.970.460.950.93-0.510.970.780.920.95
0.320.320.190.350.60.290.80.31-0.18-0.910.250.370.220.960.450.420.380.940.460.32-0.720.350.330.310.49
0.21-0.140.220.190.490.160.80.150.08-0.770.210.240.180.790.340.330.240.690.350.24-0.670.24-0.080.250.31
0.96-0.140.840.930.720.920.310.150.3-0.090.960.950.950.140.880.860.90.470.880.96-0.350.950.80.960.88
0.47-0.590.580.430.410.47-0.180.080.30.20.50.440.49-0.230.450.530.44-0.170.450.46-0.370.48-0.010.480.38
-0.1-0.27-0.06-0.13-0.43-0.12-0.91-0.77-0.090.2-0.04-0.17-0.01-0.91-0.25-0.2-0.17-0.84-0.26-0.090.52-0.14-0.14-0.1-0.3
0.98-0.320.910.930.770.930.250.210.960.5-0.040.960.990.080.890.90.90.380.890.99-0.420.970.71.00.87
0.99-0.160.880.990.840.970.370.240.950.44-0.170.960.930.210.980.960.980.50.980.95-0.550.980.760.950.96
0.96-0.330.890.910.740.910.220.180.950.49-0.010.990.930.040.860.860.880.350.860.99-0.390.950.690.990.83
0.160.380.050.190.490.140.960.790.14-0.23-0.910.080.210.040.290.290.230.910.310.15-0.650.20.190.140.38
0.96-0.130.850.980.880.950.450.340.880.45-0.250.890.980.860.290.980.970.541.00.9-0.690.950.690.890.97
0.95-0.170.880.960.910.950.420.330.860.53-0.20.90.960.860.290.980.970.530.980.91-0.710.960.680.890.96
0.97-0.120.870.990.890.970.380.240.90.44-0.170.90.980.880.230.970.970.520.970.91-0.610.970.740.90.97
0.460.330.350.490.710.460.940.690.47-0.17-0.840.380.50.350.910.540.530.520.550.45-0.640.50.510.440.63
0.96-0.130.850.970.880.950.460.350.880.45-0.260.890.980.860.311.00.980.970.550.9-0.690.950.690.890.97
0.98-0.270.890.940.790.930.320.240.960.46-0.090.990.950.990.150.90.910.910.450.9-0.480.980.731.00.88
-0.52-0.02-0.43-0.56-0.77-0.51-0.72-0.67-0.35-0.370.52-0.42-0.55-0.39-0.65-0.69-0.71-0.61-0.64-0.69-0.48-0.55-0.24-0.45-0.64
0.99-0.190.910.980.860.970.350.240.950.48-0.140.970.980.950.20.950.960.970.50.950.98-0.550.740.970.95
0.750.170.660.770.630.780.33-0.080.8-0.01-0.140.70.760.690.190.690.680.740.510.690.73-0.240.740.70.75
0.97-0.290.890.930.780.920.310.250.960.48-0.11.00.950.990.140.890.890.90.440.891.0-0.450.970.70.87
0.95-0.020.840.970.90.950.490.310.880.38-0.30.870.960.830.380.970.960.970.630.970.88-0.640.950.750.87
Click cells to compare fundamentals

Chatham Lodging Account Relationship Matchups

Chatham Lodging fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.4B1.4B1.3B1.3B1.1B
Other Current Liab(68.6M)(114.9M)1.8M5.2M5.4M5.7M
Total Current Liabilities54.4M45.8M29.5M33.7M34.7M31.1M
Total Stockholder Equity762.4M677.8M797.5M794.9M776.1M574.5M
Accounts Payable33.0M25.4M27.7M28.5M29.3M22.0M
Cash6.6M21.1M19.2M26.3M68.1M71.5M
Other Assets4.3M1.3B22.4M28.7M1.3B1.3B
Long Term Debt495.5M460.1M439.3M469.9M484.1M392.0M
Other Current Assets2.6M2.3M2.8M18.9M(90.1M)(85.6M)
Total Liab663.6M677.8M596.5M525.7M539.6M478.0M
Property Plant Equipment1.3B1.3B1.4B1.3B1.5B976.8M
Net Debt602.6M610.9M547.8M465.7M436.8M455.4M
Cash And Short Term Investments6.6M21.1M19.2M26.3M68.1M71.5M
Common Stock Total Equity469K470K487K488K561.2K358.6K
Common Stock Shares Outstanding47.0M47.0M48.3M49.1M48.8M36.3M
Liabilities And Stockholders Equity1.4B1.4B1.4B1.3B1.3B1.1B
Other Stockholder Equity904.3M906M1.0B1.0B1.0B784.7M
Total Current Assets27.4M35.4M35.7M50.3M90.1M94.6M
Common Stock469K470K487K488K561.2K370.5K
Short Long Term Debt Total609.2M632.0M567.0M548.5M504.9M511.9M
Retained Earnings(142.4M)(228.7M)(251.1M)(252.7M)(271.7M)(258.1M)
Non Current Assets Total1.4B1.3B1.4B1.3B1.3B1.2B
Net Receivables4.6M1.7M3.0M5.2M4.4M3.8M
Non Current Liabilities Total609.2M632.0M567.0M492.0M504.9M507.4M
Net Tangible Assets762.4M677.8M797.5M794.8M914.1M677.9M
Noncontrolling Interest In Consolidated Entity12.6M14.7M16.7M23.1M26.6M27.9M
Non Currrent Assets Other1.4B(56.0M)1.4B1.3B1.2B1.1B
Retained Earnings Total Equity(142.4M)(228.7M)(251.1M)(252.7M)(227.4M)(216.0M)
Long Term Debt Total495.5M460.1M439.3M430.6M495.1M462.4M
Capital Surpluse904.3M906M1.0B1.0B1.2B790.9M
Inventory13.6M10.3M10.7M(800K)107.7M113.1M
Deferred Long Term Liab4.3M5.4M4.6M6.4M7.4M4.4M

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