Equinix Non Current Assets Total vs Property Plant Equipment Analysis
EQIX Stock | USD 766.12 1.41 0.18% |
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 Non Current Assets Total and its Property Plant Equipment 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.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinix Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Equinix's Non Current Assets Total and Property Plant Equipment is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Equinix, assuming nothing else is changed. The correlation between historical values of Equinix's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Equinix are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Equinix's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant Equipment
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 |
Equinix fundamental ratios Correlations
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Equinix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 12.2B | 14.5B | 16.7B | 16.6B | 18.6B | 19.5B | |
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 | 468.2M | 491.6M | |
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 | |
Property Plant And Equipment Gross | 13.6B | 16.0B | 16.7B | 18.1B | 20.0B | 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 | |
Property Plant Equipment | 12.2B | 14.5B | 16.7B | 16.6B | 18.6B | 19.5B | |
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 | 95K | 62.7K | |
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 |
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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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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 (0.12) | Dividend Share 15.34 | Earnings Share 9.96 | Revenue Per Share 83.833 | Quarterly Revenue Growth 0.065 |
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.