Equity Common Stock Total Equity vs Long Term Debt Analysis

ELS Stock  USD 60.53  0.22  0.36%   
Equity Lifestyle financial indicator trend analysis is much more than just examining Equity Lifestyle Pro latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Lifestyle Pro is a good investment. Please check the relationship between Equity Lifestyle Common Stock Total Equity and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Total Equity vs Long Term Debt

Common Stock Total Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Lifestyle Pro Common Stock Total Equity account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Equity Lifestyle's Common Stock Total Equity and Long Term Debt is 0.66. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Equity Lifestyle Properties, assuming nothing else is changed. The correlation between historical values of Equity Lifestyle's Common Stock Total Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Equity Lifestyle Properties are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock Total Equity i.e., Equity Lifestyle's Common Stock Total Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Long Term Debt

Long-term debt is a debt that Equity Lifestyle Pro has held for over one year. Long-term debt appears on Equity Lifestyle Properties balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Equity Lifestyle Properties balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Equity Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity Lifestyle Pro 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 Equity Lifestyle Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Equity Lifestyle's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 8.6 M in 2024, despite the fact that Tax Provision is likely to grow to (10 M).
 2021 2022 2023 2024 (projected)
Gross Profit628.2M700.7M941.5M988.6M
Total Revenue1.3B1.4B1.5B1.6B

Equity Lifestyle fundamental ratios Correlations

0.820.980.960.99-0.461.00.260.09-0.520.72-0.640.80.811.0-0.340.140.840.710.20.430.860.840.850.960.86
0.820.80.820.82-0.510.820.490.11-0.520.86-0.710.990.940.82-0.260.150.670.850.240.680.610.740.640.710.98
0.980.80.930.96-0.350.980.360.13-0.530.73-0.610.770.850.96-0.320.260.850.760.160.330.90.790.90.930.83
0.960.820.930.96-0.650.950.350.05-0.570.83-0.790.820.790.95-0.170.280.680.70.280.510.730.930.720.850.83
0.990.820.960.96-0.510.990.220.07-0.530.71-0.650.80.781.0-0.340.10.810.670.20.480.820.850.810.950.86
-0.46-0.51-0.35-0.65-0.51-0.45-0.150.120.41-0.70.86-0.61-0.33-0.49-0.130.00.03-0.32-0.44-0.770.01-0.820.02-0.29-0.45
1.00.820.980.950.99-0.450.250.1-0.530.71-0.640.80.811.0-0.360.120.840.710.190.440.860.830.850.960.86
0.260.490.360.350.22-0.150.250.23-0.280.63-0.430.440.580.210.170.50.280.570.180.180.170.260.280.030.4
0.090.110.130.050.070.120.10.23-0.270.14-0.080.090.290.07-0.39-0.010.140.05-0.22-0.060.230.040.270.070.03
-0.52-0.52-0.53-0.57-0.530.41-0.53-0.28-0.27-0.610.52-0.57-0.58-0.50.55-0.19-0.22-0.390.5-0.5-0.39-0.59-0.4-0.44-0.45
0.720.860.730.830.71-0.70.710.630.14-0.61-0.930.90.860.7-0.050.350.390.790.330.680.430.870.470.520.77
-0.64-0.71-0.61-0.79-0.650.86-0.64-0.43-0.080.52-0.93-0.78-0.66-0.640.0-0.15-0.21-0.62-0.48-0.75-0.27-0.93-0.29-0.45-0.61
0.80.990.770.820.8-0.610.80.440.09-0.570.9-0.780.920.8-0.240.130.570.840.250.750.530.80.550.680.95
0.810.940.850.790.78-0.330.810.580.29-0.580.86-0.660.920.79-0.320.270.710.890.130.520.690.690.740.710.9
1.00.820.960.951.0-0.491.00.210.07-0.50.7-0.640.80.79-0.350.080.820.690.220.470.830.840.820.960.86
-0.34-0.26-0.32-0.17-0.34-0.13-0.360.17-0.390.55-0.050.0-0.24-0.32-0.350.48-0.4-0.10.54-0.23-0.47-0.14-0.47-0.44-0.25
0.140.150.260.280.10.00.120.5-0.01-0.190.35-0.150.130.270.080.480.070.29-0.04-0.280.20.150.220.020.14
0.840.670.850.680.810.030.840.280.14-0.220.39-0.210.570.710.82-0.40.070.620.10.10.910.420.920.860.76
0.710.850.760.70.67-0.320.710.570.05-0.390.79-0.620.840.890.69-0.10.290.620.30.470.530.620.580.630.83
0.20.240.160.280.2-0.440.190.18-0.220.50.33-0.480.250.130.220.54-0.040.10.30.24-0.040.36-0.020.10.23
0.430.680.330.510.48-0.770.440.18-0.06-0.50.68-0.750.750.520.47-0.23-0.280.10.470.240.010.670.020.310.61
0.860.610.90.730.820.010.860.170.23-0.390.43-0.270.530.690.83-0.470.20.910.53-0.040.010.520.990.90.66
0.840.740.790.930.85-0.820.830.260.04-0.590.87-0.930.80.690.84-0.140.150.420.620.360.670.520.510.710.7
0.850.640.90.720.810.020.850.280.27-0.40.47-0.290.550.740.82-0.470.220.920.58-0.020.020.990.510.870.68
0.960.710.930.850.95-0.290.960.030.07-0.440.52-0.450.680.710.96-0.440.020.860.630.10.310.90.710.870.78
0.860.980.830.830.86-0.450.860.40.03-0.450.77-0.610.950.90.86-0.250.140.760.830.230.610.660.70.680.78
Click cells to compare fundamentals

Equity Lifestyle Account Relationship Matchups

Equity Lifestyle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.4B5.3B5.5B5.6B5.9B
Short Long Term Debt Total2.4B2.7B3.3B3.4B3.5B1.8B
Total Stockholder Equity1.2B1.2B1.4B1.4B1.4B1.5B
Net Debt2.4B2.6B3.2B3.4B3.5B3.7B
Retained Earnings(154.3M)(179.5M)(183.7M)(204.2M)(223.6M)(234.8M)
Non Current Assets Total4.1B4.4B5.1B5.4B5.5B5.8B
Non Currrent Assets Other4.1B4.3B5.0B5.3B149.9M142.4M
Other Assets73.9M4.4B259.2K50.4M58.0M55.1M
Cash And Short Term Investments28.9M24.1M123.4M2.6M29.9M51.8M
Common Stock Shares Outstanding192.0M192.6M192.9M195.3M195.4M157.2M
Liabilities And Stockholders Equity4.2B4.4B5.3B5.5B5.6B5.9B
Non Current Liabilities Total2.4B2.6B2.9B3.2B3.5B1.8B
Other Stockholder Equity1.4B1.6B1.6B1.6B1.6B961.3M
Total Liab2.8B3.1B3.8B4.0B4.1B4.3B
Total Current Assets66.4M59.9M163.4M67.7M79.9M100.7M
Other Current Liab67.6M74.3M80.1M91.8M100.2M57.6M
Total Current Liabilities443.5M518.6M896.5M785.1M627.5M658.9M
Accounts Payable124.7M129.7M172.3M175.1M151.6M91.9M
Cash28.9M24.1M123.4M2.6M29.9M49.2M
Net Receivables37.6M35.8M40.0M45.4M49.9M26.3M
Common Stock Total Equity1.8M1.8M1.9M1.9M2.2M2.3M
Accumulated Other Comprehensive Income(380K)(179.5M)3.5M19.1M6.1M6.4M
Common Stock1.8M1.8M1.9M1.9M1.9M2.0M
Other Liab228.6M243.3M295.1M320.1M368.1M386.5M
Long Term Debt2.2B2.4B3.3B3.4B3.5B2.2B
Other Current Assets(66.4M)(59.9M)(163.4M)19.7M(79.9M)(75.9M)
Current Deferred Revenue91.2M92.6M295.1M320.1M344.8M362.0M
Short Term Debt160M222M349M198M31M29.5M
Net Tangible Assets1.2B1.2B1.4B1.4B1.7B1.1B
Noncontrolling Interest In Consolidated Entity72.1M71.1M71.1M72.1M64.9M98.6M
Retained Earnings Total Equity(154.3M)(179.5M)(183.7M)(204.2M)(183.8M)(174.6M)
Long Term Debt Total2.2B2.4B3.3B3.4B3.9B2.6B
Capital Surpluse1.4B1.4B1.6B1.6B1.9B1.3B

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

  0.64FR First Industrial Realty Earnings Call This WeekPairCorr
  0.77EGP EastGroup PropertiesPairCorr

Moving against Equity Stock

  0.67AHT-PD Ashford Hospitality TrustPairCorr
  0.55AHT-PI Ashford Hospitality TrustPairCorr
  0.53PK Park Hotels Resorts Earnings Call This WeekPairCorr
  0.49AHT-PH Ashford Hospitality TrustPairCorr
  0.46AHT-PF Ashford Hospitality TrustPairCorr
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 instruments. 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.
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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
0.332
Dividend Share
1.82
Earnings Share
1.84
Revenue Per Share
8.101
Quarterly Revenue Growth
0.044
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.