Equity Payout Ratio vs Net Current Assets as percentage of Total Assets Analysis
ELS Stock | USD 61.77 0.93 1.48% |
Trend analysis of Equity Lifestyle Properties balance sheet accounts such as Total Stockholder Equity of 1.5 B or Property Plant And Equipment Net of 6.2 B provides information on Equity Lifestyle's total assets, liabilities, and equity, which is the actual value of Equity Lifestyle Pro to its prevalent stockholders. By breaking down trends over time using Equity Lifestyle balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Equity |
About Equity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Equity Lifestyle Pro at a specified time, usually calculated after every quarter, six months, or one year. Equity Lifestyle Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Equity Lifestyle and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Equity currently owns. An asset can also be divided into two categories, current and non-current.
Equity Lifestyle Balance Sheet Chart
Equity Lifestyle Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Equity Lifestyle Pro uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Equity Lifestyle's Total Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 100.7 M in 2024, whereas Retained Earnings are likely to drop (234.8 M) in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of Equity Lifestyle assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Equity Lifestyle Pro books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Equity Lifestyle Pro balance sheet. This account contains Equity Lifestyle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Equity Lifestyle Properties fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 |
Equity Lifestyle fundamental ratios Correlations
Click cells to compare fundamentals
Equity Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
0.78 | UE | Urban Edge Properties Financial Report 14th of May 2024 | PairCorr |
0.65 | EQIX | Equinix Earnings Call This Week | PairCorr |
0.72 | EGP | EastGroup Properties Earnings Call Today | PairCorr |
Moving against Equity Stock
0.69 | AHT-PD | Ashford Hospitality Trust | PairCorr |
0.59 | AHT-PI | Ashford Hospitality Trust | PairCorr |
0.56 | IRT | Independence Realty Trust Earnings Call Tomorrow | PairCorr |
0.54 | PK | Park Hotels Resorts Earnings Call This Week | PairCorr |
0.53 | AHT-PH | Ashford Hospitality Trust | 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.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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 0.256 | 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.