RLJ Other Operating Expenses vs Income Tax Expense Analysis
RLJ Stock | USD 10.17 0.14 1.36% |
RLJ Lodging financial indicator trend analysis is much more than just breaking down RLJ Lodging Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLJ Lodging Trust is a good investment. Please check the relationship between RLJ Lodging Other Operating Expenses and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLJ 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 bureau of economic analysis.
Other Operating Expenses vs Income Tax Expense
Other Operating Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLJ Lodging Trust Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between RLJ Lodging's Other Operating Expenses and Income Tax Expense is 0.02. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of RLJ Lodging Trust, assuming nothing else is changed. The correlation between historical values of RLJ Lodging's Other Operating Expenses and Income Tax Expense 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 Operating Expenses of RLJ Lodging Trust are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., RLJ Lodging's Other Operating Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of RLJ Lodging Trust. It is also known as RLJ Lodging overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Tax Expense
Most indicators from RLJ Lodging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLJ 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLJ 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 bureau of economic analysis. Discontinued Operations is expected to hike to about 20 M this year, although the value of Selling General Administrative will most likely fall to nearly 41.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 106.4M | 93.2M | 92.7M | 92.5M | Depreciation And Amortization | 835.7M | 1.1B | 179.1M | 315.1M |
RLJ Lodging fundamental ratios Correlations
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RLJ Lodging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RLJ Lodging fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 5.6B | 5.1B | 5.0B | 4.9B | 4.8B | |
Short Long Term Debt Total | 2.3B | 2.7B | 2.5B | 2.5B | 2.3B | 2.3B | |
Other Current Liab | 67.2M | 15.0M | 27.5M | (282.4M) | 45.6M | 47.9M | |
Total Current Liabilities | 250.6M | 187.3M | 182.6M | 191.2M | 225.1M | 190.8M | |
Total Stockholder Equity | 3.2B | 2.7B | 2.4B | 2.4B | 2.3B | 2.2B | |
Property Plant And Equipment Net | 144.4M | 143.0M | 145.0M | 136.9M | 136.1M | 129.3M | |
Current Deferred Revenue | 57.5M | 32.2M | 20.0M | 23.8M | 32.3M | 20.2M | |
Net Debt | 1.4B | 1.8B | 1.9B | 1.9B | 1.8B | 1.7B | |
Accounts Payable | 183.4M | 172.3M | 155.1M | 155.9M | 147.2M | 143.7M | |
Cash | 882.5M | 899.8M | 665.3M | 481.3M | 516.7M | 449.6M | |
Non Current Assets Total | 4.8B | 4.6B | 4.4B | 4.3B | 4.3B | 4.2B | |
Non Currrent Assets Other | 4.6B | 4.5B | 4.2B | 4.2B | 4.1B | 2.4B | |
Cash And Short Term Investments | 882.5M | 899.8M | 665.3M | 481.3M | 516.7M | 450.4M | |
Net Receivables | 39.8M | 13.3M | 31.1M | 38.5M | 26.2M | 31.4M | |
Common Stock Shares Outstanding | 171.4M | 164.5M | 164.0M | 161.9M | 156.6M | 147.2M | |
Liabilities And Stockholders Equity | 5.9B | 5.6B | 5.1B | 5.0B | 4.9B | 4.7B | |
Non Current Liabilities Total | 2.4B | 2.7B | 2.6B | 2.4B | 2.3B | 2.2B | |
Inventory | 44.7M | 35.0M | 48.5M | 55.1M | (25.4M) | (24.1M) | |
Other Current Assets | 58.5M | 32.8M | 33.4M | 79.1M | 96.7M | 53.1M | |
Other Stockholder Equity | 3.1B | 3.1B | 3.1B | 3.1B | 3.0B | 2.4B | |
Total Liab | 2.6B | 2.9B | 2.7B | 2.5B | 2.6B | 2.4B | |
Total Current Assets | 1.0B | 981.0M | 778.4M | 654.0M | 639.5M | 610.3M | |
Accumulated Other Comprehensive Income | (19.5M) | (69.1M) | (17.1M) | 40.6M | 22.7M | 23.8M | |
Short Term Debt | 57.5M | 32.2M | 20.0M | 294.0M | 381.6M | 478.3M | |
Other Liab | 57.5M | 32.2M | 20.0M | 23.8M | 21.4M | 28.5M | |
Other Assets | 54.8M | 4.7B | 88.4M | 141.1M | (5.6M) | (5.3M) | |
Long Term Debt | 2.2B | 2.6B | 2.4B | 2.2B | 2.2B | 2.2B | |
Short Term Investments | 17.2M | 4.3M | 1.5M | 4.2B | 25.4M | 24.1M | |
Common Stock | 1.7M | 1.7M | 1.7M | 1.6M | 1.6M | 1.4M | |
Property Plant Equipment | 4.6B | 4.5B | 145.0M | 4.3B | 5.0B | 3.3B | |
Noncontrolling Interest In Consolidated Entity | 22.7M | 24.1M | 20.9M | 16.2M | 18.7M | 19.2M | |
Retained Earnings | (274.8M) | (710.2M) | (1.0B) | (1.0B) | (1.1B) | (1.0B) | |
Common Stock Total Equity | 1.7M | 1.7M | 1.7M | 1.7M | 1.9M | 1.6M | |
Retained Earnings Total Equity | (150.5M) | (274.8M) | (710.2M) | (1.0B) | (942.1M) | (895.0M) | |
Deferred Long Term Liab | 1.5M | 4.1M | 5.9M | 1.7M | 1.5M | 1.5M |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLJ 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 bureau of economic analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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 RLJ Lodging. If investors know RLJ 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 RLJ 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 0.5 | Dividend Share 0.45 | Earnings Share 0.29 | Revenue Per Share 8.871 | Quarterly Revenue Growth 0.034 |
The market value of RLJ Lodging Trust is measured differently than its book value, which is the value of RLJ that is recorded on the company's balance sheet. Investors also form their own opinion of RLJ Lodging's value that differs from its market value or its book value, called intrinsic value, which is RLJ 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 RLJ Lodging's market value can be influenced by many factors that don't directly affect RLJ 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 RLJ Lodging's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLJ Lodging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLJ 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.