Diamondrock Net Invested Capital vs Accumulated Depreciation Analysis
DRH Stock | USD 8.44 0.13 1.52% |
Diamondrock Hospitality financial indicator trend analysis is much more than just examining Diamondrock Hospitality latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamondrock Hospitality is a good investment. Please check the relationship between Diamondrock Hospitality Net Invested Capital and its Accumulated Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.
Net Invested Capital vs Accumulated Depreciation
Net Invested Capital vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamondrock Hospitality Net Invested Capital account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Diamondrock Hospitality's Net Invested Capital and Accumulated Depreciation is -0.01. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Diamondrock Hospitality, assuming nothing else is changed. The correlation between historical values of Diamondrock Hospitality's Net Invested Capital and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Diamondrock Hospitality are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Invested Capital i.e., Diamondrock Hospitality's Net Invested Capital and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Diamondrock Hospitality fixed asset that has been charged to Diamondrock Hospitality expense since that asset was acquired and made available for Diamondrock Hospitality use. The accumulated depreciation account is Diamondrock Hospitality asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Diamondrock Hospitality.Most indicators from Diamondrock Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamondrock Hospitality 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.As of now, Diamondrock Hospitality's Selling General Administrative is increasing as compared to previous years. The Diamondrock Hospitality's current Discontinued Operations is estimated to increase to about 30.5 M, while Tax Provision is projected to decrease to under 301.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 164.4M | 196.8M | 440.6M | 462.7M | Cost Of Revenue | 432.8M | 640.6M | 484.5M | 520.0M |
Diamondrock Hospitality fundamental ratios Correlations
Click cells to compare fundamentals
Diamondrock Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamondrock Hospitality fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 3.1B | 3.0B | 3.2B | 3.2B | 2.9B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.0B | |
Other Current Liab | (49.2M) | (54.9M) | 85.5M | (97.9M) | 6.3M | 6.6M | |
Total Current Liabilities | 311.0M | 274.2M | 358.5M | 314.7M | 8.3M | 7.9M | |
Total Stockholder Equity | 1.9B | 1.7B | 1.5B | 1.6B | 1.6B | 1.6B | |
Other Liab | 203.2M | 227.6M | 217.3M | 258.6M | 297.4M | 206.6M | |
Property Plant And Equipment Net | 3.1B | 2.9B | 2.8B | 2.8B | 2.9B | 2.6B | |
Current Deferred Revenue | 130.8M | 132.1M | 131.8M | 134.9M | 8.3M | 7.9M | |
Net Debt | 1.1B | 1.0B | 1.1B | 1.2B | (121.6M) | (115.5M) | |
Retained Earnings | (178.9M) | (576.5M) | (780.9M) | (700.7M) | (48K) | (50.4K) | |
Accounts Payable | 154.4M | 142.0M | 136.7M | 166.8M | 156.1M | 125.1M | |
Cash | 122.5M | 111.8M | 38.6M | 67.6M | 121.6M | 103.5M | |
Non Current Assets Total | 3.1B | 2.9B | 2.8B | 2.9B | 2.9B | 2.6B | |
Other Assets | 408K | 217.6M | 175.0M | 292.5M | 264.2M | 277.4M | |
Long Term Debt | 1.1B | 1.0B | 1.1B | 1.2B | 1.2B | 1.0B | |
Cash And Short Term Investments | 122.5M | 111.8M | 38.6M | 67.6M | 121.6M | 103.5M | |
Net Receivables | 91.2M | 69.5M | 120.7M | 176.7M | 144.7M | 96.3M | |
Common Stock Shares Outstanding | 202.7M | 201.7M | 212.1M | 213.2M | 212.3M | 173.6M | |
Liabilities And Stockholders Equity | 3.4B | 3.1B | 3.0B | 3.2B | 3.2B | 2.9B | |
Non Current Liabilities Total | 1.2B | 1.2B | 1.1B | 1.3B | 1.6B | 1.1B | |
Inventory | 57.3M | 23.1M | 36.9M | 357.4M | 411.1M | 431.6M | |
Other Current Assets | 29.9M | 28.4M | 17.5M | 39.6M | (311.9M) | (296.3M) | |
Other Stockholder Equity | 2.1B | 2.3B | 3.1B | 3.0B | 1.6B | 2.3B | |
Total Liab | 1.5B | 1.4B | 1.4B | 1.6B | 1.6B | 1.3B | |
Property Plant And Equipment Gross | 3.1B | 2.9B | 2.8B | 2.8B | 4.2B | 2.6B | |
Total Current Assets | 300.9M | 232.7M | 213.7M | 283.9M | 121.6M | 115.5M | |
Property Plant Equipment | 3.0B | 2.8B | 2.8B | 2.8B | 3.3B | 2.5B | |
Non Currrent Assets Other | (2.6M) | (19.6M) | 117.7M | 76.1M | 73.9M | 77.6M | |
Net Tangible Assets | 1.9B | 1.7B | 1.5B | 1.6B | 1.8B | 1.9B | |
Noncontrolling Interest In Consolidated Entity | 8.6M | 7.8M | 5.8M | 6.3M | 7.2M | 7.6M | |
Retained Earnings Total Equity | (178.9M) | (576.5M) | (780.9M) | (700.7M) | (630.6M) | (599.1M) | |
Long Term Debt Total | 1.1B | 1.0B | 1.1B | 1.2B | 1.4B | 1.1B | |
Capital Surpluse | 2.1B | 2.3B | 2.3B | 2.3B | 2.6B | 2.2B | |
Non Current Liabilities Other | 234.4M | 237.1M | 240.4M | 245.8M | 282.7M | 162.6M |
Currently Active Assets on Macroaxis
When determining whether Diamondrock Hospitality offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diamondrock Hospitality's 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 Diamondrock Hospitality Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamondrock Hospitality Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Diamondrock Stock analysis
When running Diamondrock Hospitality's price analysis, check to measure Diamondrock Hospitality'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 Diamondrock Hospitality is operating at the current time. Most of Diamondrock Hospitality's value examination focuses on studying past and present price action to predict the probability of Diamondrock Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondrock Hospitality's price. Additionally, you may evaluate how the addition of Diamondrock Hospitality to your portfolios can decrease your overall portfolio volatility.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Global Correlations Find global opportunities by holding instruments from different markets | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |
Is Diamondrock Hospitality'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 Diamondrock Hospitality. If investors know Diamondrock 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 Diamondrock Hospitality 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 (0.07) | Dividend Share 0.12 | Earnings Share 0.36 | Revenue Per Share 5.141 | Quarterly Revenue Growth 0.053 |
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock Hospitality'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 Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock Hospitality'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 Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock Hospitality'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.