Equitable Short Term Debt vs Cash And Short Term Investments Analysis
EQB Stock | CAD 82.05 0.07 0.09% |
Equitable financial indicator trend analysis is much more than just examining Equitable Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equitable Group is a good investment. Please check the relationship between Equitable Short Term Debt and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Short Term Debt vs Cash And Short Term Investments
Short Term Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equitable Group Short Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Equitable's Short Term Debt and Cash And Short Term Investments is 0.96. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Equitable Group, assuming nothing else is changed. The correlation between historical values of Equitable's Short Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Equitable Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Debt i.e., Equitable's Short Term Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Term Debt
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Equitable Group balance sheet. This account contains Equitable investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Equitable Group 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 Equitable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equitable Group 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 Equitable Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Equitable's Selling General Administrative is very stable compared to the past year. As of the 24th of May 2024, Issuance Of Capital Stock is likely to grow to about 279.8 M, while Tax Provision is likely to drop about 76 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 524.7M | 880.6M | 1.0B | 1.1B | Depreciation And Amortization | 32.7M | 46.9M | 53.9M | 56.6M |
Equitable fundamental ratios Correlations
Click cells to compare fundamentals
Equitable Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equitable fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.4B | 30.7B | 36.2B | 51.1B | 58.8B | 61.8B | |
Short Long Term Debt Total | 11.1B | 12.8B | 13.6B | 19.5B | 22.5B | 23.6B | |
Total Stockholder Equity | 1.5B | 1.6B | 2.0B | 2.5B | 2.9B | 3.1B | |
Net Debt | 10.6B | 12.3B | 12.8B | 19.0B | 21.9B | 23.0B | |
Retained Earnings | 1.2B | 1.4B | 1.7B | 1.9B | 2.2B | 2.3B | |
Cash | 508.9M | 557.7M | 773.3M | 495.1M | 569.4M | 347.5M | |
Other Assets | 26.6B | 28.5B | 32.6B | 44.6B | 51.3B | 53.9B | |
Cash And Short Term Investments | 644.4M | 819.7M | 1.4B | 2.3B | 2.7B | 2.8B | |
Net Receivables | 506.2M | 570.0M | 729.1M | 1.3B | 1.1B | 1.2B | |
Common Stock Total Equity | 198.7M | 200.8M | 213.3M | 218.2M | 250.9M | 174.9M | |
Common Stock Shares Outstanding | 33.7M | 33.9M | 34.4M | 35.0M | 40.3M | 32.7M | |
Liabilities And Stockholders Equity | 28.4B | 30.7B | 36.2B | 51.1B | 58.8B | 61.8B | |
Other Stockholder Equity | 13.9M | 16.2M | 8.7M | 11.4M | 10.3M | 8.7M | |
Total Liab | 26.9B | 29.1B | 34.2B | 48.6B | 55.9B | 58.7B | |
Common Stock | 213.3M | 218.2M | 230.2M | 462.6M | 531.9M | 558.5M | |
Accumulated Other Comprehensive Income | (18.6M) | (39.0M) | (7.6M) | 9.4M | 8.5M | 8.9M | |
Short Term Debt | 128.9M | 290.0M | 200.1M | 1.2B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 31.3M | 26.0M | 21.6M | 36.2M | 41.6M | 43.7M | |
Accounts Payable | 86.9M | 68.6M | 143.9M | 207.7M | 238.8M | 250.7M | |
Property Plant And Equipment Gross | 31.3M | 26.0M | 21.6M | 36.2M | 41.6M | 43.7M | |
Short Term Investments | 135.6M | 262.0M | 670.3M | 1.8B | 2.1B | 2.2B | |
Other Current Liab | (86.9M) | (68.6M) | (344.1M) | (1.4B) | (1.3B) | (1.2B) | |
Total Current Liabilities | 86.9M | 68.6M | 344.1M | 1.4B | 1.3B | 1.2B | |
Other Liab | 82.5M | 95.9M | 102.5M | 133.3M | 153.3M | 160.9M | |
Net Tangible Assets | 1.3B | 1.5B | 1.8B | 2.2B | 2.5B | 1.3B | |
Long Term Debt | 10.7B | 12.0B | 11.4B | 15.1B | 17.3B | 9.9B | |
Inventory | 1.6M | 863K | 53K | 375K | 337.5K | 320.6K | |
Other Current Assets | 466M | 507.7M | 465.0M | 745.2M | 857.0M | 899.8M | |
Long Term Investments | 501.6M | 774.7M | 1.2B | 2.7B | 3.1B | 3.2B | |
Total Current Assets | 1.2B | 1.4B | 2.2B | 3.6B | 4.1B | 4.3B | |
Property Plant Equipment | 31.3M | 26.0M | 21.6M | 36.2M | 41.6M | 21.2M | |
Intangible Assets | 53.5M | 71.2M | 92.6M | 145.5M | 167.3M | 175.7M | |
Long Term Debt Total | 10.7B | 12.0B | 11.4B | 15.1B | 17.4B | 11.1B | |
Capital Surpluse | 7.0M | 8.1M | 8.7M | 11.4M | 13.2M | 8.0M | |
Earning Assets | 461.4M | 535.8M | 1.1B | 1.7B | 1.9B | 2.0B | |
Net Invested Capital | 12.1B | 13.6B | 13.5B | 18.7B | 21.5B | 11.1B | |
Capital Stock | 285.8M | 290.6M | 300.8M | 644.0M | 740.6M | 394.8M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Equitable Group information on this page should be used as a complementary analysis to other Equitable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Equitable Stock analysis
When running Equitable's price analysis, check to measure Equitable'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 Equitable is operating at the current time. Most of Equitable's value examination focuses on studying past and present price action to predict the probability of Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equitable's price. Additionally, you may evaluate how the addition of Equitable to your portfolios can decrease your overall portfolio volatility.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |