Equinix Free Cash Flow vs Enterprise Value Analysis

EQIX Stock

USD 699.81 0.37 0.05%

Equinix financial indicator trend analysis is much more than just examining Equinix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equinix is a good investment. Please check the relationship between Equinix Free Cash Flow and its Enterprise Value accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinix Free Cash Flow account and Enterprise Value. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Equinix's Free Cash Flow and Enterprise Value is -0.66. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Equinix, assuming nothing else is changed. The correlation between historical values of Equinix's Free Cash Flow and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Equinix are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Free Cash Flow i.e., Equinix's Free Cash Flow and Enterprise Value go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Equinix theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Equinix debt, but would also pocket its cash. Enterprise Value is more accurate representation of Equinix value than its market capitalization because it takes into account all of Equinix existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Most indicators from Equinix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equinix 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 Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.Selling General Administrative is likely to rise to about 1.7 B in 2024, whereas Discontinued Operations is likely to drop slightly above 9.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.2B	3.5B	3.5B	3.6B
Total Revenue	6.6B	7.3B	8.2B	8.6B

Gross Profit Total Revenue

Equinix fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		1.0	0.7	0.91	1.0	1.0	1.0	-0.98	0.6	0.8	1.0	0.94	0.75	0.95	0.76	-0.47	1.0	-0.48	0.98	1.0	0.86	0.66	0.81	0.96	0.78	0.99
Short Long Term Debt Total	1.0		0.69	0.91	0.99	0.99	1.0	-0.98	0.61	0.82	0.99	0.94	0.77	0.95	0.76	-0.47	1.0	-0.47	0.98	1.0	0.88	0.67	0.82	0.95	0.75	1.0
Other Current Liab	0.7	0.69		0.84	0.7	0.73	0.68	-0.71	-0.12	0.6	0.69	0.66	0.59	0.87	0.31	-0.33	0.66	-0.92	0.72	0.7	0.64	0.76	0.37	0.7	0.53	0.65
Total Current Liabilities	0.91	0.91	0.84		0.89	0.91	0.89	-0.9	0.33	0.87	0.89	0.84	0.85	0.94	0.61	-0.45	0.89	-0.69	0.89	0.92	0.9	0.9	0.67	0.87	0.69	0.88
Total Stockholder Equity	1.0	0.99	0.7	0.89		1.0	0.99	-0.97	0.59	0.77	1.0	0.94	0.71	0.94	0.74	-0.46	0.99	-0.48	0.99	0.99	0.84	0.63	0.8	0.95	0.8	0.99
Property Plant And Equipment Net	1.0	0.99	0.73	0.91	1.0		0.99	-0.98	0.56	0.79	0.99	0.95	0.75	0.95	0.73	-0.43	0.99	-0.52	0.99	0.99	0.86	0.66	0.79	0.94	0.79	0.98
Net Debt	1.0	1.0	0.68	0.89	0.99	0.99		-0.97	0.61	0.76	1.0	0.94	0.71	0.95	0.77	-0.45	1.0	-0.47	0.98	1.0	0.84	0.63	0.82	0.95	0.76	1.0
Retained Earnings	-0.98	-0.98	-0.71	-0.9	-0.97	-0.98	-0.97		-0.55	-0.83	-0.97	-0.92	-0.77	-0.95	-0.74	0.52	-0.98	0.49	-0.97	-0.98	-0.89	-0.65	-0.8	-0.96	-0.73	-0.98
Accounts Payable	0.6	0.61	-0.12	0.33	0.59	0.56	0.61	-0.55		0.47	0.6	0.52	0.39	0.35	0.7	-0.37	0.64	0.36	0.54	0.6	0.49	0.06	0.71	0.57	0.5	0.64
Cash	0.8	0.82	0.6	0.87	0.77	0.79	0.76	-0.83	0.47		0.77	0.69	0.97	0.77	0.59	-0.52	0.8	-0.42	0.78	0.82	0.97	0.79	0.65	0.78	0.56	0.78
Non Current Assets Total	1.0	0.99	0.69	0.89	1.0	0.99	1.0	-0.97	0.6	0.77		0.94	0.71	0.95	0.76	-0.47	1.0	-0.48	0.98	1.0	0.83	0.63	0.81	0.96	0.78	0.99
Non Currrent Assets Other	0.94	0.94	0.66	0.84	0.94	0.95	0.94	-0.92	0.52	0.69	0.94		0.66	0.9	0.63	-0.35	0.93	-0.5	0.95	0.93	0.78	0.61	0.69	0.84	0.73	0.93
Cash And Short Term Investments	0.75	0.77	0.59	0.85	0.71	0.75	0.71	-0.77	0.39	0.97	0.71	0.66		0.72	0.56	-0.3	0.74	-0.44	0.74	0.77	0.97	0.8	0.61	0.71	0.52	0.72
Net Receivables	0.95	0.95	0.87	0.94	0.94	0.95	0.95	-0.95	0.35	0.77	0.95	0.9	0.72		0.64	-0.46	0.94	-0.7	0.93	0.95	0.83	0.74	0.7	0.92	0.67	0.94
Common Stock Shares Outstanding	0.76	0.76	0.31	0.61	0.74	0.73	0.77	-0.74	0.7	0.59	0.76	0.63	0.56	0.64		-0.3	0.78	-0.04	0.69	0.77	0.66	0.34	0.99	0.79	0.56	0.78
Short Term Investments	-0.47	-0.47	-0.33	-0.45	-0.46	-0.43	-0.45	0.52	-0.37	-0.52	-0.47	-0.35	-0.3	-0.46	-0.3		-0.47	0.16	-0.42	-0.47	-0.4	-0.36	-0.35	-0.55	-0.34	-0.47
Non Current Liabilities Total	1.0	1.0	0.66	0.89	0.99	0.99	1.0	-0.98	0.64	0.8	1.0	0.93	0.74	0.94	0.78	-0.47		-0.44	0.97	1.0	0.86	0.62	0.84	0.96	0.76	1.0
Other Current Assets	-0.48	-0.47	-0.92	-0.69	-0.48	-0.52	-0.47	0.49	0.36	-0.42	-0.48	-0.5	-0.44	-0.7	-0.04	0.16	-0.44		-0.51	-0.48	-0.46	-0.72	-0.09	-0.43	-0.33	-0.43
Other Stockholder Equity	0.98	0.98	0.72	0.89	0.99	0.99	0.98	-0.97	0.54	0.78	0.98	0.95	0.74	0.93	0.69	-0.42	0.97	-0.51		0.98	0.85	0.65	0.75	0.92	0.8	0.96
Total Liab	1.0	1.0	0.7	0.92	0.99	0.99	1.0	-0.98	0.6	0.82	1.0	0.93	0.77	0.95	0.77	-0.47	1.0	-0.48	0.98		0.88	0.67	0.82	0.96	0.76	0.99
Total Current Assets	0.86	0.88	0.64	0.9	0.84	0.86	0.84	-0.89	0.49	0.97	0.83	0.78	0.97	0.83	0.66	-0.4	0.86	-0.46	0.85	0.88		0.79	0.72	0.83	0.6	0.85
Short Term Debt	0.66	0.67	0.76	0.9	0.63	0.66	0.63	-0.65	0.06	0.79	0.63	0.61	0.8	0.74	0.34	-0.36	0.62	-0.72	0.65	0.67	0.79		0.4	0.61	0.45	0.61
Common Stock	0.81	0.82	0.37	0.67	0.8	0.79	0.82	-0.8	0.71	0.65	0.81	0.69	0.61	0.7	0.99	-0.35	0.84	-0.09	0.75	0.82	0.72	0.4		0.84	0.59	0.83
Other Liab	0.96	0.95	0.7	0.87	0.95	0.94	0.95	-0.96	0.57	0.78	0.96	0.84	0.71	0.92	0.79	-0.55	0.96	-0.43	0.92	0.96	0.83	0.61	0.84		0.79	0.95
Other Assets	0.78	0.75	0.53	0.69	0.8	0.79	0.76	-0.73	0.5	0.56	0.78	0.73	0.52	0.67	0.56	-0.34	0.76	-0.33	0.8	0.76	0.6	0.45	0.59	0.79		0.74
Long Term Debt	0.99	1.0	0.65	0.88	0.99	0.98	1.0	-0.98	0.64	0.78	0.99	0.93	0.72	0.94	0.78	-0.47	1.0	-0.43	0.96	0.99	0.85	0.61	0.83	0.95	0.74

Click cells to compare fundamentals

Equinix Account Relationship Matchups

Equinix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.0B	27.0B	27.9B	30.3B	32.7B	34.3B
Short Long Term Debt Total	13.3B	13.9B	15.0B	16.5B	17.5B	18.3B
Other Current Liab	362.6M	537.2M	275.7M	384.7M	1.6B	1.7B
Total Current Liabilities	2.2B	2.1B	1.6B	1.8B	3.2B	3.3B
Total Stockholder Equity	8.8B	10.6B	10.9B	11.5B	12.5B	13.1B
Property Plant And Equipment Net	13.6B	16.0B	16.7B	18.1B	20.0B	21.1B
Net Debt	11.4B	12.3B	13.5B	14.6B	15.4B	16.1B
Retained Earnings	(2.8B)	(3.4B)	(3.9B)	(4.4B)	(4.8B)	(4.5B)
Accounts Payable	760.7M	876.9M	879.1M	1.0B	162.4M	303.3M
Cash	1.9B	1.6B	1.5B	1.9B	2.1B	2.2B
Non Current Assets Total	21.1B	24.4B	25.0B	27.0B	29.1B	30.5B
Non Currrent Assets Other	485.2M	546.6M	621.2M	983.4M	847.7M	890.1M
Cash And Short Term Investments	1.9B	1.6B	1.5B	1.9B	2.1B	2.2B
Net Receivables	689.1M	676.7M	681.8M	855.4M	1.3B	1.3B
Common Stock Shares Outstanding	84.7M	88.4M	90.4M	91.8M	94.0M	52.1M
Short Term Investments	10.4M	4.5M	117.4M	105.7M	44.0M	41.8M
Liabilities And Stockholders Equity	24.0B	27.0B	27.9B	30.3B	32.7B	34.3B
Non Current Liabilities Total	13.0B	14.3B	15.4B	17.0B	17.0B	17.8B
Other Current Assets	303.5M	355.0M	462.7M	459.1M	(3.4B)	(3.2B)
Other Stockholder Equity	12.6B	14.9B	15.9B	17.2B	18.5B	19.5B
Total Liab	15.1B	16.4B	17.0B	18.8B	20.1B	21.1B
Total Current Assets	2.9B	2.6B	3.0B	3.3B	3.6B	3.7B
Accumulated Other Comprehensive Income	(934.6M)	(913.4M)	(1.1B)	(1.4B)	(1.6B)	(1.5B)
Short Term Debt	941.7M	524.4M	325.0M	300.8M	1.3B	1.3B
Common Stock	86K	89K	91K	93K	95K	60.7K
Other Liab	621.7M	949.0M	763.4M	797.9M	917.5M	963.4M
Other Assets	521.1M	2.3B	926.1M	1.0B	1.2B	1.2B
Long Term Debt	9.6B	10.3B	11.6B	12.8B	12.7B	13.4B
Common Stock Total Equity	86K	89K	91K	93K	107.0K	60.8K
Property Plant And Equipment Gross	13.6B	16.0B	16.7B	18.1B	30.7B	32.2B
Property Plant Equipment	12.2B	14.5B	16.7B	16.6B	19.1B	20.1B
Current Deferred Revenue	92.9M	118.4M	126.1M	148.0M	124.9M	88.3M
Intangible Assets	2.1B	2.2B	1.9B	1.9B	1.7B	1.8B
Good Will	4.8B	5.5B	5.4B	5.7B	5.7B	6.0B
Net Tangible Assets	2.0B	3.0B	3.6B	4.0B	4.5B	4.8B
Retained Earnings Total Equity	(2.8B)	(3.4B)	(3.9B)	(4.4B)	(3.9B)	(3.7B)
Long Term Debt Total	9.6B	10.3B	11.6B	12.8B	14.7B	7.9B
Capital Surpluse	12.7B	15.0B	16.0B	17.3B	19.9B	20.9B

Pair Trading with Equinix

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 Equinix 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 Equinix will appreciate offsetting losses from the drop in the long position's value.

Moving against Equinix Stock

0.64	PDM	Piedmont Office Realty	Pair Corr
0.61	BDN	Brandywine Realty Trust	Pair Corr
0.58	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.43	O	Realty Income Corp	Pair Corr

The ability to find closely correlated positions to Equinix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinix 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 Equinix - 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 Equinix to buy it.

The correlation of Equinix 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 Equinix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinix 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 Equinix 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 Equinix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinix Stock:

How To Invest In Equinix

Details

Is Equinix Stock a good investment?

Details

What is Equinix'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 Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Equinix Stock analysis

When running Equinix's price analysis, check to measure Equinix'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 Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.

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Is Equinix'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 Equinix. If investors know Equinix 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 Equinix 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

0.731

Dividend Share

14.49

Earnings Share

10.29

Revenue Per Share

82.834

Quarterly Revenue Growth

0.154

The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix'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 Equinix's market value can be influenced by many factors that don't directly affect Equinix'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 Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix'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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Equinix Free Cash Flow vs Enterprise Value Analysis

Free Cash Flow vs Enterprise Value

Free Cash Flow vs Enterprise Value Correlation Analysis

Correlation Coefficient

Free Cash Flow

Enterprise Value

Equinix fundamental ratios Correlations

Equinix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equinix fundamental ratios Accounts

Pair Trading with Equinix

Moving against Equinix Stock

Complementary Tools for Equinix Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets

Long Term Debt	- 0.98	Retained Earnings
Total Liab	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Property Plant And Equipment Net
Retained Earnings	- 0.98	Short Long Term Debt Total
Retained Earnings	- 0.98	Total Assets