Equitable Total Stockholder Equity vs Common Stock 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 Total Stockholder Equity and its Common Stock 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.
Total Stockholder Equity vs Common Stock
Total Stockholder Equity vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equitable Group Total Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Equitable's Total Stockholder Equity and Common Stock is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock 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 Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Equitable Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Equitable's Total Stockholder Equity and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Common Stock
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 |
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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.
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