Equity Interest Coverage from 2010 to 2024

ELS Stock  USD 65.07  0.36  0.55%   
Equity Lifestyle Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage is likely to outpace its year average in 2024. From the period from 2010 to 2024, Equity Lifestyle Interest Coverage quarterly data regression had r-value of  0.87 and coefficient of variation of  56.52. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
6.59854015
Current Value
6.93
Quarterly Volatility
1.73182487
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Equity Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equity main balance sheet or income statement drivers, such as Depreciation And Amortization of 213.9 M, Interest Expense of 139 M or Selling General Administrative of 49.6 M, as well as many exotic indicators such as Short Term Coverage Ratios of 18.56, Price Earnings Ratio of 25.74 or Price To Sales Ratio of 9.72. Equity financial statements analysis is a perfect complement when working with Equity Lifestyle Valuation or Volatility modules.
  
This module can also supplement Equity Lifestyle's financial leverage analysis and stock options assessment as well as various Equity Lifestyle Technical models . Check out the analysis of Equity Lifestyle Correlation against competitors.

Latest Equity Lifestyle's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Equity Lifestyle Properties over the last few years. It is Equity Lifestyle's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Equity Lifestyle's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Equity Interest Coverage Regression Statistics

Arithmetic Mean3.06
Geometric Mean2.59
Coefficient Of Variation56.52
Mean Deviation1.18
Median2.95
Standard Deviation1.73
Sample Variance3.00
Range6.5231
R-Value0.87
Mean Square Error0.76
R-Squared0.76
Significance0.000021
Slope0.34
Total Sum of Squares41.99

Equity Interest Coverage History

2024 6.93
2023 6.6
2022 3.5
2021 3.52
2020 3.41
2019 3.26
2018 2.96

About Equity Lifestyle Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Equity Lifestyle income statement, its balance sheet, and the statement of cash flows. Equity Lifestyle investors use historical funamental indicators, such as Equity Lifestyle's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Equity Lifestyle investors may use each financial statement separately, they are all related. The changes in Equity Lifestyle's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equity Lifestyle's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equity Lifestyle Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equity Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Interest Coverage 6.60  6.93 

Pair Trading with Equity Lifestyle

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 Equity Lifestyle 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 Equity Lifestyle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equity Stock

  0.82O Realty me Corp Financial Report 1st of May 2024 PairCorr
  0.65BXP Boston Properties Financial Report 23rd of April 2024 PairCorr
  0.72FSP Franklin Street Prop Financial Report 7th of May 2024 PairCorr

Moving against Equity Stock

  0.68VNO-PM Vornado Realty TrustPairCorr
  0.61VNO-PL Vornado Realty TrustPairCorr
  0.6VNO-PN Vornado Realty TrustPairCorr
  0.46PK Park Hotels Resorts Financial Report 6th of May 2024 PairCorr
The ability to find closely correlated positions to Equity Lifestyle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Lifestyle 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 Equity Lifestyle - 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 Equity Lifestyle Properties to buy it.
The correlation of Equity Lifestyle is a statistical measure of how it moves in relation to other equities. 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 Equity Lifestyle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Lifestyle Pro 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 Equity Lifestyle 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.
Pair CorrelationCorrelation Matching
When determining whether Equity Lifestyle Pro is a strong investment it is important to analyze Equity Lifestyle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Lifestyle's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:
Check out the analysis of Equity Lifestyle Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Equity Stock analysis

When running Equity Lifestyle's price analysis, check to measure Equity Lifestyle'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 Equity Lifestyle is operating at the current time. Most of Equity Lifestyle's value examination focuses on studying past and present price action to predict the probability of Equity Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Lifestyle's price. Additionally, you may evaluate how the addition of Equity Lifestyle to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Transaction History
View history of all your transactions and understand their impact on performance
Is Equity Lifestyle'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 Equity Lifestyle. If investors know Equity 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 Equity Lifestyle 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
0.256
Dividend Share
1.79
Earnings Share
1.69
Revenue Per Share
8.017
Quarterly Revenue Growth
0.058
The market value of Equity Lifestyle Pro is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Lifestyle's value that differs from its market value or its book value, called intrinsic value, which is Equity Lifestyle'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 Equity Lifestyle's market value can be influenced by many factors that don't directly affect Equity Lifestyle'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 Equity Lifestyle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Lifestyle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Lifestyle'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.