Equity Current Ratio vs Payout Ratio Analysis

ELS Stock

USD 61.77 0.93 1.48%

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 Current Ratio and its Payout Ratio 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.

Current Ratio vs Payout Ratio

Current Ratio vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Lifestyle Pro Current Ratio account and Payout Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Equity Lifestyle's Current Ratio and Payout Ratio is -0.51. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Payout Ratio 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 Current Ratio and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Equity Lifestyle Properties are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Current Ratio i.e., Equity Lifestyle's Current Ratio and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Payout Ratio

Payout Ratio is the proportion of Equity Lifestyle Properties earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Equity Lifestyle Pro dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Equity Lifestyle Pro is paying out more in dividends than it makes in net income.

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 Profit	628.2M	700.7M	941.5M	988.6M
Total Revenue	1.3B	1.4B	1.5B	1.6B

Gross Profit Total Revenue

Equity Lifestyle fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Net Receivables	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock	Other Liab	Long Term Debt
Total Assets		0.82	0.98	0.96	0.99	-0.46	1.0	0.88	0.09	-0.52	0.72	-0.61	0.8	0.82	1.0	-0.34	0.14	0.84	0.71	0.2	0.43	0.86	0.84	0.85	0.96	0.86
Short Long Term Debt Total	0.82		0.8	0.78	0.82	-0.51	0.82	0.7	0.11	-0.52	0.86	-0.68	0.99	0.96	0.82	-0.26	0.15	0.67	0.85	0.24	0.68	0.61	0.74	0.64	0.71	0.98
Total Stockholder Equity	0.98	0.8		0.93	0.96	-0.35	0.98	0.93	0.13	-0.53	0.73	-0.59	0.77	0.86	0.96	-0.32	0.26	0.85	0.76	0.16	0.33	0.9	0.79	0.9	0.93	0.83
Property Plant And Equipment Net	0.96	0.78	0.93		0.97	-0.61	0.96	0.89	0.03	-0.55	0.76	-0.7	0.78	0.76	0.96	-0.21	0.25	0.69	0.64	0.24	0.46	0.77	0.91	0.75	0.89	0.81
Net Debt	0.99	0.82	0.96	0.97		-0.51	0.99	0.86	0.07	-0.53	0.71	-0.62	0.8	0.8	1.0	-0.34	0.1	0.81	0.67	0.2	0.48	0.82	0.85	0.81	0.95	0.86
Retained Earnings	-0.46	-0.51	-0.35	-0.61	-0.51		-0.45	-0.28	0.12	0.41	-0.7	0.86	-0.61	-0.36	-0.49	-0.13	0.0	0.03	-0.32	-0.44	-0.77	0.01	-0.82	0.02	-0.29	-0.45
Non Current Assets Total	1.0	0.82	0.98	0.96	0.99	-0.45		0.88	0.1	-0.53	0.71	-0.61	0.8	0.82	1.0	-0.36	0.12	0.84	0.71	0.19	0.44	0.86	0.83	0.85	0.96	0.86
Non Currrent Assets Other	0.88	0.7	0.93	0.89	0.86	-0.28	0.88		0.13	-0.51	0.67	-0.48	0.65	0.76	0.85	-0.14	0.54	0.77	0.62	0.07	0.14	0.86	0.69	0.86	0.8	0.74
Other Assets	0.09	0.11	0.13	0.03	0.07	0.12	0.1	0.13		-0.27	0.14	-0.08	0.09	0.18	0.07	-0.39	-0.01	0.14	0.05	-0.22	-0.06	0.23	0.04	0.27	0.07	0.03
Cash And Short Term Investments	-0.52	-0.52	-0.53	-0.55	-0.53	0.41	-0.53	-0.51	-0.27		-0.61	0.5	-0.57	-0.56	-0.5	0.55	-0.19	-0.22	-0.39	0.5	-0.5	-0.39	-0.59	-0.4	-0.44	-0.45
Common Stock Shares Outstanding	0.72	0.86	0.73	0.76	0.71	-0.7	0.71	0.67	0.14	-0.61		-0.91	0.9	0.87	0.7	-0.05	0.35	0.39	0.79	0.33	0.68	0.43	0.87	0.47	0.52	0.77
Short Term Investments	-0.61	-0.68	-0.59	-0.7	-0.62	0.86	-0.61	-0.48	-0.08	0.5	-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
Non Current Liabilities Total	0.8	0.99	0.77	0.78	0.8	-0.61	0.8	0.65	0.09	-0.57	0.9	-0.74		0.93	0.8	-0.24	0.13	0.57	0.84	0.25	0.75	0.53	0.8	0.55	0.68	0.95
Other Stockholder Equity	0.82	0.96	0.86	0.76	0.8	-0.36	0.82	0.76	0.18	-0.56	0.87	-0.64	0.93		0.8	-0.28	0.28	0.71	0.91	0.16	0.55	0.68	0.71	0.72	0.72	0.93
Total Liab	1.0	0.82	0.96	0.96	1.0	-0.49	1.0	0.85	0.07	-0.5	0.7	-0.61	0.8	0.8		-0.35	0.08	0.82	0.69	0.22	0.47	0.83	0.84	0.82	0.96	0.86
Total Current Assets	-0.34	-0.26	-0.32	-0.21	-0.34	-0.13	-0.36	-0.14	-0.39	0.55	-0.05	-0.03	-0.24	-0.28	-0.35		0.48	-0.4	-0.1	0.54	-0.23	-0.47	-0.14	-0.47	-0.44	-0.25
Other Current Liab	0.14	0.15	0.26	0.25	0.1	0.0	0.12	0.54	-0.01	-0.19	0.35	-0.15	0.13	0.28	0.08	0.48		0.07	0.29	-0.04	-0.28	0.2	0.15	0.22	0.02	0.14
Total Current Liabilities	0.84	0.67	0.85	0.69	0.81	0.03	0.84	0.77	0.14	-0.22	0.39	-0.19	0.57	0.71	0.82	-0.4	0.07		0.62	0.1	0.1	0.91	0.42	0.92	0.86	0.76
Accounts Payable	0.71	0.85	0.76	0.64	0.67	-0.32	0.71	0.62	0.05	-0.39	0.79	-0.6	0.84	0.91	0.69	-0.1	0.29	0.62		0.3	0.47	0.53	0.62	0.58	0.63	0.83
Cash	0.2	0.24	0.16	0.24	0.2	-0.44	0.19	0.07	-0.22	0.5	0.33	-0.49	0.25	0.16	0.22	0.54	-0.04	0.1	0.3		0.24	-0.04	0.36	-0.02	0.1	0.23
Net Receivables	0.43	0.68	0.33	0.46	0.48	-0.77	0.44	0.14	-0.06	-0.5	0.68	-0.74	0.75	0.55	0.47	-0.23	-0.28	0.1	0.47	0.24		0.01	0.67	0.02	0.31	0.61
Common Stock Total Equity	0.86	0.61	0.9	0.77	0.82	0.01	0.86	0.86	0.23	-0.39	0.43	-0.24	0.53	0.68	0.83	-0.47	0.2	0.91	0.53	-0.04	0.01		0.52	0.99	0.9	0.66
Property Plant And Equipment Gross	0.84	0.74	0.79	0.91	0.85	-0.82	0.83	0.69	0.04	-0.59	0.87	-0.91	0.8	0.71	0.84	-0.14	0.15	0.42	0.62	0.36	0.67	0.52		0.51	0.71	0.7
Common Stock	0.85	0.64	0.9	0.75	0.81	0.02	0.85	0.86	0.27	-0.4	0.47	-0.26	0.55	0.72	0.82	-0.47	0.22	0.92	0.58	-0.02	0.02	0.99	0.51		0.87	0.68
Other Liab	0.96	0.71	0.93	0.89	0.95	-0.29	0.96	0.8	0.07	-0.44	0.52	-0.41	0.68	0.72	0.96	-0.44	0.02	0.86	0.63	0.1	0.31	0.9	0.71	0.87		0.78
Long Term Debt	0.86	0.98	0.83	0.81	0.86	-0.45	0.86	0.74	0.03	-0.45	0.77	-0.57	0.95	0.93	0.86	-0.25	0.14	0.76	0.83	0.23	0.61	0.66	0.7	0.68	0.78

Click cells to compare fundamentals

Equity Lifestyle Account Relationship Matchups

Equity Lifestyle fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	4.4B	5.3B	5.5B	5.6B	5.9B
Short Long Term Debt Total	2.4B	2.7B	3.3B	3.4B	3.5B	1.8B
Total Stockholder Equity	1.2B	1.2B	1.4B	1.4B	1.4B	1.5B
Net Debt	2.4B	2.6B	3.2B	3.4B	3.5B	3.7B
Retained Earnings	(154.3M)	(179.5M)	(183.7M)	(204.2M)	(223.6M)	(234.8M)
Non Current Assets Total	4.1B	4.4B	5.1B	5.4B	5.5B	5.8B
Non Currrent Assets Other	4.1B	4.3B	5.0B	5.3B	5.4B	5.7B
Other Assets	73.9M	4.4B	259.2K	50.4M	58.0M	55.1M
Cash And Short Term Investments	28.9M	24.1M	123.4M	2.6M	29.9M	51.8M
Common Stock Shares Outstanding	192.0M	192.6M	192.9M	195.3M	195.4M	157.2M
Liabilities And Stockholders Equity	4.2B	4.4B	5.3B	5.5B	5.6B	5.9B
Non Current Liabilities Total	2.4B	2.6B	2.9B	3.2B	3.5B	1.8B
Other Stockholder Equity	1.4B	1.4B	1.6B	1.6B	1.6B	954.9M
Total Liab	2.8B	3.1B	3.8B	4.0B	4.1B	4.3B
Total Current Assets	66.4M	59.9M	163.4M	67.7M	79.9M	100.7M
Other Current Liab	67.6M	74.3M	80.1M	91.8M	100.2M	57.6M
Total Current Liabilities	443.5M	518.6M	896.5M	785.1M	627.5M	658.9M
Accounts Payable	124.7M	129.7M	172.3M	175.1M	151.6M	91.9M
Cash	28.9M	24.1M	123.4M	2.6M	29.9M	49.2M
Net Receivables	37.6M	35.8M	40.0M	45.4M	49.9M	26.3M
Common Stock Total Equity	1.8M	1.8M	1.9M	1.9M	2.2M	2.3M
Accumulated Other Comprehensive Income	2.3M	(380K)	3.5M	19.1M	6.1M	6.4M
Common Stock	1.8M	1.8M	1.9M	1.9M	1.9M	2.0M
Other Liab	228.6M	243.3M	295.1M	320.1M	368.1M	386.5M
Long Term Debt	2.2B	2.4B	3.3B	3.4B	3.5B	2.2B
Other Current Assets	(66.4M)	(59.9M)	(163.4M)	19.7M	(79.9M)	(75.9M)
Current Deferred Revenue	91.2M	92.6M	295.1M	320.1M	344.8M	362.0M
Short Term Debt	160M	222M	349M	198M	31M	29.5M
Net Tangible Assets	1.2B	1.2B	1.4B	1.4B	1.7B	1.1B
Noncontrolling Interest In Consolidated Entity	72.1M	71.1M	71.1M	72.1M	64.9M	98.6M
Retained Earnings Total Equity	(154.3M)	(179.5M)	(183.7M)	(204.2M)	(183.8M)	(174.6M)
Long Term Debt Total	2.2B	2.4B	3.3B	3.4B	3.9B	2.6B
Capital Surpluse	1.4B	1.4B	1.6B	1.6B	1.9B	1.3B

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

0.69	EQIX	Equinix Earnings Call This Week	Pair Corr
0.67	AMT	American Tower Corp Earnings Call This Week	Pair Corr
0.8	CCI	Crown Castle Financial Report 17th of July 2024	Pair Corr

Moving against Equity Stock

0.68	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.58	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.54	HASI	Hannon Armstrong Sus Financial Report 2nd of May 2024	Pair Corr
0.54	PK	Park Hotels Resorts Earnings Call This Week	Pair Corr
0.53	AHT-PH	Ashford Hospitality Trust	Pair Corr

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 Correlation Correlation 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:

How To Invest In Equity

Details

Is Equity Stock a good investment?

Details

What is Equity Lifestyle's Net Worth?

Details

Largest Diversified REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.

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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

1.69

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.

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Equity Current Ratio vs Payout Ratio Analysis

Current Ratio vs Payout Ratio

Current Ratio vs Payout Ratio Correlation Analysis

Correlation Coefficient

Current Ratio

Payout Ratio

Equity Lifestyle fundamental ratios Correlations

Equity Lifestyle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equity Lifestyle fundamental ratios Accounts

Pair Trading with Equity Lifestyle

Moving together with Equity Stock

Moving against Equity Stock

Complementary Tools for Equity Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Total Liab	+ 1.0	Non Current Assets Total
Net Debt	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Property Plant And Equipment Gross	- 0.91	Short Term Investments
Short Term Investments	- 0.91	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.82	Retained Earnings
Net Receivables	- 0.77	Retained Earnings
Net Receivables	- 0.74	Short Term Investments
Non Current Liabilities Total	- 0.74	Short Term Investments