Diamondrock Total Current Liabilities vs Common Stock Total Equity Analysis

DRH Stock  USD 9.04  0.21  2.27%   
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 Total Current Liabilities and its Common Stock Total Equity 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 closely tied 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.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamondrock Hospitality Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Diamondrock Hospitality's Total Current Liabilities and Common Stock Total Equity is 0.48. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity 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 Total Current Liabilities and Common Stock Total Equity 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 Current Liabilities of Diamondrock Hospitality are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., Diamondrock Hospitality's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Diamondrock Hospitality balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Diamondrock Hospitality are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 closely tied 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 Expenses164.4M196.8M440.6M462.7M
Cost Of Revenue432.8M640.6M781.8M536.4M

Diamondrock Hospitality fundamental ratios Correlations

0.71-0.220.530.970.880.990.50.43-0.310.880.220.990.150.950.220.650.960.980.440.850.14-0.010.810.960.9
0.71-0.130.40.660.60.690.260.31-0.190.790.310.690.080.740.310.410.640.670.270.640.08-0.010.60.720.63
-0.22-0.13-0.46-0.21-0.25-0.29-0.61-0.380.53-0.10.23-0.30.05-0.130.23-0.19-0.25-0.310.42-0.080.15-0.22-0.42-0.21-0.17
0.530.4-0.460.590.410.560.920.87-0.660.510.190.57-0.410.40.190.20.480.580.20.14-0.60.750.770.420.25
0.970.66-0.210.590.840.960.590.43-0.210.830.30.96-0.030.860.30.510.910.940.470.720.00.080.820.860.83
0.880.6-0.250.410.840.870.420.22-0.250.850.340.870.110.850.340.650.920.910.430.810.18-0.140.720.860.88
0.990.69-0.290.560.960.870.540.43-0.360.880.191.00.110.930.190.630.960.980.370.830.08-0.020.80.950.9
0.50.26-0.610.920.590.420.540.68-0.540.380.250.55-0.50.290.250.120.470.560.010.07-0.60.610.720.340.27
0.430.31-0.380.870.430.220.430.68-0.740.4-0.140.44-0.090.4-0.140.270.350.440.240.17-0.410.820.620.390.12
-0.31-0.190.53-0.66-0.21-0.25-0.36-0.54-0.74-0.330.25-0.36-0.22-0.360.25-0.42-0.37-0.430.02-0.230.21-0.46-0.57-0.4-0.16
0.880.79-0.10.510.830.850.880.380.4-0.330.30.890.070.90.30.630.860.860.540.790.060.020.710.890.81
0.220.310.230.190.30.340.190.25-0.140.250.30.18-0.450.111.0-0.220.180.20.090.05-0.250.030.140.110.18
0.990.69-0.30.570.960.871.00.550.44-0.360.890.180.10.930.180.640.960.980.380.830.08-0.010.820.950.9
0.150.080.05-0.41-0.030.110.11-0.5-0.09-0.220.07-0.450.10.38-0.450.550.20.150.060.510.82-0.430.00.350.23
0.950.74-0.130.40.860.850.930.290.4-0.360.90.110.930.380.110.790.930.930.480.940.32-0.090.740.990.88
0.220.310.230.190.30.340.190.25-0.140.250.31.00.18-0.450.11-0.220.180.20.090.05-0.250.030.140.110.18
0.650.41-0.190.20.510.650.630.120.27-0.420.63-0.220.640.550.79-0.220.720.70.360.80.55-0.170.550.780.68
0.960.64-0.250.480.910.920.960.470.35-0.370.860.180.960.20.930.180.720.990.40.880.15-0.090.770.950.95
0.980.67-0.310.580.940.910.980.560.44-0.430.860.20.980.150.930.20.70.990.380.840.110.00.850.950.9
0.440.270.420.20.470.430.370.010.240.020.540.090.380.060.480.090.360.40.380.330.030.180.40.370.29
0.850.64-0.080.140.720.810.830.070.17-0.230.790.050.830.510.940.050.80.880.840.330.51-0.330.50.950.93
0.140.080.15-0.60.00.180.08-0.6-0.410.210.06-0.250.080.820.32-0.250.550.150.110.030.51-0.68-0.090.310.28
-0.01-0.01-0.220.750.08-0.14-0.020.610.82-0.460.020.03-0.01-0.43-0.090.03-0.17-0.090.00.18-0.33-0.680.3-0.12-0.33
0.810.6-0.420.770.820.720.80.720.62-0.570.710.140.820.00.740.140.550.770.850.40.5-0.090.30.730.56
0.960.72-0.210.420.860.860.950.340.39-0.40.890.110.950.350.990.110.780.950.950.370.950.31-0.120.730.91
0.90.63-0.170.250.830.880.90.270.12-0.160.810.180.90.230.880.180.680.950.90.290.930.28-0.330.560.91
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Diamondrock Hospitality Account Relationship Matchups

Diamondrock Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.1B3.0B3.2B3.2B2.9B
Short Long Term Debt Total1.2B1.2B1.2B1.3B1.3B1.1B
Other Current Liab(49.2M)(196.8M)(136.7M)(264.7M)6.3M6.6M
Total Current Liabilities311.0M274.2M358.5M314.7M8.3M7.9M
Total Stockholder Equity1.9B1.7B1.5B1.6B1.6B1.6B
Other Liab203.2M227.6M217.3M258.6M297.4M206.6M
Property Plant And Equipment Net3.1B2.9B2.8B2.8B2.9B2.6B
Current Deferred Revenue130.8M132.1M131.8M134.9M8.3M7.9M
Net Debt1.1B1.0B1.1B1.2B(121.6M)(115.5M)
Retained Earnings(178.9M)(576.5M)(780.9M)(700.7M)(48K)(50.4K)
Accounts Payable154.4M142.0M136.7M166.8M156.1M125.1M
Cash122.5M111.8M38.6M67.6M121.6M103.5M
Non Current Assets Total3.1B2.9B2.8B2.9B2.9B2.6B
Other Assets408K217.6M175.0M292.5M264.2M277.4M
Long Term Debt1.1B1.0B1.1B1.2B1.2B1.0B
Cash And Short Term Investments122.5M111.8M38.6M67.6M121.6M103.5M
Net Receivables91.2M69.5M120.7M176.7M144.7M96.3M
Common Stock Shares Outstanding202.7M201.7M212.1M213.2M212.3M173.6M
Liabilities And Stockholders Equity3.4B3.1B3.0B3.2B3.2B2.9B
Non Current Liabilities Total1.2B1.2B1.1B1.3B1.6B1.1B
Inventory57.3M23.1M36.9M357.4M411.1M431.6M
Other Current Assets29.9M28.4M17.5M39.6M(311.9M)(296.3M)
Other Stockholder Equity2.1B2.3B3.1B3.0B1.6B2.3B
Total Liab1.5B1.4B1.4B1.6B1.6B1.3B
Property Plant And Equipment Gross3.1B2.9B2.8B2.8B4.2B2.6B
Total Current Assets300.9M232.7M213.7M283.9M121.6M115.5M
Property Plant Equipment3.0B2.8B2.8B2.8B3.3B2.5B
Non Currrent Assets Other(2.6M)(19.6M)(3.0B)(3.1B)73.9M77.6M
Net Tangible Assets1.9B1.7B1.5B1.6B1.8B1.9B
Noncontrolling Interest In Consolidated Entity8.6M7.8M5.8M6.3M7.2M7.6M
Retained Earnings Total Equity(178.9M)(576.5M)(780.9M)(700.7M)(630.6M)(599.1M)
Long Term Debt Total1.1B1.0B1.1B1.2B1.4B1.1B
Capital Surpluse2.1B2.3B2.3B2.3B2.6B2.2B
Non Current Liabilities Other234.4M237.1M240.4M245.8M282.7M162.6M

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 closely tied 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 Stocks Directory module to find actively traded stocks across global markets.
Is Hotel & Resort 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 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
(0.06)
Dividend Share
0.12
Earnings Share
0.29
Revenue Per Share
5.283
Quarterly Revenue Growth
0.031
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.