Equity Cost of Revenue vs Interest Expense Analysis

ELS Stock  USD 64.33  1.39  2.21%   
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 Cost Of Revenue and its Interest Expense 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.

Cost Of Revenue vs Interest Expense

Cost of Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Lifestyle Pro Cost of Revenue account and Interest Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equity Lifestyle's Cost of Revenue and Interest Expense is 0.5. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Interest Expense 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 Cost of Revenue and Interest 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 Cost of Revenue of Equity Lifestyle Properties are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Cost of Revenue i.e., Equity Lifestyle's Cost of Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Equity Lifestyle Pro income statement and represents the costs associated with goods and services Equity Lifestyle provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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

0.820.980.960.99-0.461.00.880.09-0.520.72-0.610.80.821.0-0.340.140.840.710.20.430.860.840.850.960.86
0.820.80.780.82-0.510.820.70.11-0.520.86-0.680.990.960.82-0.260.150.670.850.240.680.610.740.640.710.98
0.980.80.930.96-0.350.980.930.13-0.530.73-0.590.770.860.96-0.320.260.850.760.160.330.90.790.90.930.83
0.960.780.930.97-0.610.960.890.03-0.550.76-0.70.780.760.96-0.210.250.690.640.240.460.770.910.750.890.81
0.990.820.960.97-0.510.990.860.07-0.530.71-0.620.80.81.0-0.340.10.810.670.20.480.820.850.810.950.86
-0.46-0.51-0.35-0.61-0.51-0.45-0.280.120.41-0.70.86-0.61-0.36-0.49-0.130.00.03-0.32-0.44-0.770.01-0.820.02-0.29-0.45
1.00.820.980.960.99-0.450.880.1-0.530.71-0.610.80.821.0-0.360.120.840.710.190.440.860.830.850.960.86
0.880.70.930.890.86-0.280.880.13-0.510.67-0.480.650.760.85-0.140.540.770.620.070.140.860.690.860.80.74
0.090.110.130.030.070.120.10.13-0.270.14-0.080.090.180.07-0.39-0.010.140.05-0.22-0.060.230.040.270.070.03
-0.52-0.52-0.53-0.55-0.530.41-0.53-0.51-0.27-0.610.5-0.57-0.56-0.50.55-0.19-0.22-0.390.5-0.5-0.39-0.59-0.4-0.44-0.45
0.720.860.730.760.71-0.70.710.670.14-0.61-0.910.90.870.7-0.050.350.390.790.330.680.430.870.470.520.77
-0.61-0.68-0.59-0.7-0.620.86-0.61-0.48-0.080.5-0.91-0.74-0.64-0.61-0.03-0.15-0.19-0.6-0.49-0.74-0.24-0.91-0.26-0.41-0.57
0.80.990.770.780.8-0.610.80.650.09-0.570.9-0.740.930.8-0.240.130.570.840.250.750.530.80.550.680.95
0.820.960.860.760.8-0.360.820.760.18-0.560.87-0.640.930.8-0.280.280.710.910.160.550.680.710.720.720.93
1.00.820.960.961.0-0.491.00.850.07-0.50.7-0.610.80.8-0.350.080.820.690.220.470.830.840.820.960.86
-0.34-0.26-0.32-0.21-0.34-0.13-0.36-0.14-0.390.55-0.05-0.03-0.24-0.28-0.350.48-0.4-0.10.54-0.23-0.47-0.14-0.47-0.44-0.25
0.140.150.260.250.10.00.120.54-0.01-0.190.35-0.150.130.280.080.480.070.29-0.04-0.280.20.150.220.020.14
0.840.670.850.690.810.030.840.770.14-0.220.39-0.190.570.710.82-0.40.070.620.10.10.910.420.920.860.76
0.710.850.760.640.67-0.320.710.620.05-0.390.79-0.60.840.910.69-0.10.290.620.30.470.530.620.580.630.83
0.20.240.160.240.2-0.440.190.07-0.220.50.33-0.490.250.160.220.54-0.040.10.30.24-0.040.36-0.020.10.23
0.430.680.330.460.48-0.770.440.14-0.06-0.50.68-0.740.750.550.47-0.23-0.280.10.470.240.010.670.020.310.61
0.860.610.90.770.820.010.860.860.23-0.390.43-0.240.530.680.83-0.470.20.910.53-0.040.010.520.990.90.66
0.840.740.790.910.85-0.820.830.690.04-0.590.87-0.910.80.710.84-0.140.150.420.620.360.670.520.510.710.7
0.850.640.90.750.810.020.850.860.27-0.40.47-0.260.550.720.82-0.470.220.920.58-0.020.020.990.510.870.68
0.960.710.930.890.95-0.290.960.80.07-0.440.52-0.410.680.720.96-0.440.020.860.630.10.310.90.710.870.78
0.860.980.830.810.86-0.450.860.740.03-0.450.77-0.570.950.930.86-0.250.140.760.830.230.610.660.70.680.78
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 Other4.1B4.3B5.0B5.3B5.4B5.7B
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 Equity1.4B1.4B1.6B1.6B1.6B954.9M
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 Income2.3M(380K)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

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Moving against Equity Stock

  0.63SPG Simon Property Group Financial Report 7th of May 2024 PairCorr
  0.55RHP Ryman Hospitality Financial Report 1st of May 2024 PairCorr
  0.55SLG SL Green Realty Fiscal Quarter End 31st of March 2024 PairCorr
  0.47PK 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 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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
0.256
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.