Essential Net Tangible Assets vs Net Working Capital Analysis

EPRT Stock

USD 26.35 0.01 0.04%

Essential Properties financial indicator trend analysis is much more than just examining Essential Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essential Properties is a good investment. Please check the relationship between Essential Properties Net Tangible Assets and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essential Properties Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Tangible Assets vs Net Working Capital

Net Tangible Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essential Properties Net Tangible Assets account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Essential Properties' Net Tangible Assets and Net Working Capital is 0.94. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Essential Properties Realty, assuming nothing else is changed. The correlation between historical values of Essential Properties' Net Tangible Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Essential Properties Realty are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Tangible Assets i.e., Essential Properties' Net Tangible Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Working Capital

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

At this time, Essential Properties' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	224.5M	283.1M	354.9M	181.6M
Total Revenue	230.2M	286.5M	359.6M	185.1M

Gross Profit Total Revenue

Essential Properties fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other
Total Assets		0.98	0.98	0.99	1.0	-0.81	0.94	0.98	0.9	1.0	1.0	-0.03	0.97	0.9	0.99	0.99	0.9	0.91	0.98	-0.74	-0.32	0.99	0.99	0.81	0.99	0.12
Short Long Term Debt Total	0.98		0.95	0.96	0.96	-0.81	0.91	1.0	0.89	0.98	0.98	-0.1	0.99	0.89	0.95	0.96	0.88	0.92	1.0	-0.75	-0.3	0.96	1.0	0.84	0.96	0.06
Other Current Liab	0.98	0.95		0.99	0.98	-0.82	0.93	0.95	0.87	0.98	0.98	0.05	0.92	0.87	0.97	0.97	0.87	0.87	0.95	-0.77	-0.41	0.98	0.95	0.82	0.97	0.22
Total Current Liabilities	0.99	0.96	0.99		0.99	-0.8	0.94	0.96	0.92	0.99	0.99	0.01	0.94	0.92	0.99	0.99	0.88	0.89	0.96	-0.74	-0.39	1.0	0.97	0.8	0.99	0.18
Total Stockholder Equity	1.0	0.96	0.98	0.99		-0.78	0.94	0.96	0.9	0.99	0.99	0.0	0.94	0.9	0.99	1.0	0.9	0.89	0.96	-0.71	-0.33	1.0	0.97	0.76	0.99	0.15
Other Liab	-0.81	-0.81	-0.82	-0.8	-0.78		-0.81	-0.82	-0.61	-0.81	-0.81	-0.15	-0.79	-0.61	-0.75	-0.74	-0.69	-0.8	-0.81	0.99	0.02	-0.78	-0.81	-0.92	-0.76	-0.45
Net Tangible Assets	0.94	0.91	0.93	0.94	0.94	-0.81		0.91	0.86	0.94	0.94	-0.06	0.89	0.86	0.93	0.94	0.97	0.97	0.92	-0.76	-0.28	0.94	0.92	0.69	0.93	0.1
Net Debt	0.98	1.0	0.95	0.96	0.96	-0.82	0.91		0.88	0.98	0.98	-0.1	0.99	0.88	0.95	0.96	0.88	0.92	1.0	-0.75	-0.29	0.96	1.0	0.84	0.95	0.06
Cash	0.9	0.89	0.87	0.92	0.9	-0.61	0.86	0.88		0.89	0.89	-0.01	0.85	1.0	0.93	0.92	0.86	0.8	0.89	-0.56	-0.58	0.91	0.89	0.66	0.94	-0.03
Non Current Assets Total	1.0	0.98	0.98	0.99	0.99	-0.81	0.94	0.98	0.89		1.0	-0.04	0.97	0.89	0.98	0.98	0.9	0.91	0.98	-0.74	-0.31	0.99	0.99	0.81	0.98	0.12
Non Currrent Assets Other	1.0	0.98	0.98	0.99	0.99	-0.81	0.94	0.98	0.89	1.0		-0.03	0.97	0.89	0.98	0.98	0.89	0.91	0.98	-0.75	-0.32	0.99	0.99	0.81	0.98	0.12
Other Assets	-0.03	-0.1	0.05	0.01	0.0	-0.15	-0.06	-0.1	-0.01	-0.04	-0.03		-0.2	-0.01	0.05	-0.01	-0.07	-0.25	-0.08	-0.19	-0.07	0.02	-0.08	0.15	0.05	0.59
Long Term Debt	0.97	0.99	0.92	0.94	0.94	-0.79	0.89	0.99	0.85	0.97	0.97	-0.2		0.85	0.93	0.94	0.86	0.92	0.99	-0.72	-0.23	0.94	0.99	0.81	0.93	0.01
Cash And Short Term Investments	0.9	0.89	0.87	0.92	0.9	-0.61	0.86	0.88	1.0	0.89	0.89	-0.01	0.85		0.93	0.92	0.86	0.8	0.89	-0.56	-0.58	0.91	0.89	0.66	0.94	-0.03
Net Receivables	0.99	0.95	0.97	0.99	0.99	-0.75	0.93	0.95	0.93	0.98	0.98	0.05	0.93	0.93		1.0	0.9	0.88	0.96	-0.69	-0.37	1.0	0.96	0.74	1.0	0.14
Common Stock Shares Outstanding	0.99	0.96	0.97	0.99	1.0	-0.74	0.94	0.96	0.92	0.98	0.98	-0.01	0.94	0.92	1.0		0.91	0.89	0.96	-0.67	-0.35	1.0	0.96	0.72	0.99	0.12
Short Term Investments	0.9	0.88	0.87	0.88	0.9	-0.69	0.97	0.88	0.86	0.9	0.89	-0.07	0.86	0.86	0.9	0.91		0.95	0.89	-0.63	-0.33	0.9	0.89	0.58	0.9	-0.08
Long Term Debt Total	0.91	0.92	0.87	0.89	0.89	-0.8	0.97	0.92	0.8	0.91	0.91	-0.25	0.92	0.8	0.88	0.89	0.95		0.92	-0.75	-0.2	0.89	0.92	0.69	0.88	-0.02
Non Current Liabilities Total	0.98	1.0	0.95	0.96	0.96	-0.81	0.92	1.0	0.89	0.98	0.98	-0.08	0.99	0.89	0.96	0.96	0.89	0.92		-0.75	-0.3	0.96	1.0	0.84	0.96	0.06
Capital Lease Obligations	-0.74	-0.75	-0.77	-0.74	-0.71	0.99	-0.76	-0.75	-0.56	-0.74	-0.75	-0.19	-0.72	-0.56	-0.69	-0.67	-0.63	-0.75	-0.75		0.03	-0.72	-0.75	-0.9	-0.7	-0.49
Other Current Assets	-0.32	-0.3	-0.41	-0.39	-0.33	0.02	-0.28	-0.29	-0.58	-0.31	-0.32	-0.07	-0.23	-0.58	-0.37	-0.35	-0.33	-0.2	-0.3	0.03		-0.35	-0.31	-0.2	-0.39	0.19
Other Stockholder Equity	0.99	0.96	0.98	1.0	1.0	-0.78	0.94	0.96	0.91	0.99	0.99	0.02	0.94	0.91	1.0	1.0	0.9	0.89	0.96	-0.72	-0.35		0.97	0.77	0.99	0.17
Total Liab	0.99	1.0	0.95	0.97	0.97	-0.81	0.92	1.0	0.89	0.99	0.99	-0.08	0.99	0.89	0.96	0.96	0.89	0.92	1.0	-0.75	-0.31	0.97		0.84	0.96	0.07
Short Long Term Debt	0.81	0.84	0.82	0.8	0.76	-0.92	0.69	0.84	0.66	0.81	0.81	0.15	0.81	0.66	0.74	0.72	0.58	0.69	0.84	-0.9	-0.2	0.77	0.84		0.76	0.34
Total Current Assets	0.99	0.96	0.97	0.99	0.99	-0.76	0.93	0.95	0.94	0.98	0.98	0.05	0.93	0.94	1.0	0.99	0.9	0.88	0.96	-0.7	-0.39	0.99	0.96	0.76		0.15
Non Current Liabilities Other	0.12	0.06	0.22	0.18	0.15	-0.45	0.1	0.06	-0.03	0.12	0.12	0.59	0.01	-0.03	0.14	0.12	-0.08	-0.02	0.06	-0.49	0.19	0.17	0.07	0.34	0.15

Click cells to compare fundamentals

Essential Properties Account Relationship Matchups

Essential Properties fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.5B	3.3B	4.0B	4.8B	2.7B
Short Long Term Debt Total	726.9M	815.3M	1.2B	1.4B	1.7B	1.0B
Other Current Liab	33.0M	38.4M	55.4M	45.7M	68.7M	36.9M
Total Current Liabilities	36.8M	42.5M	64.8M	68.7M	78.4M	43.8M
Total Stockholder Equity	1.2B	1.6B	2.0B	2.5B	3.0B	1.5B
Other Liab	9.6M	10.2M	12.7M	10.9M	9.8M	9.6M
Net Tangible Assets	1.1B	1.6B	2.0B	2.5B	2.9B	3.0B
Net Debt	718.6M	788.7M	1.1B	1.4B	1.6B	982.0M
Cash	8.3M	26.6M	59.8M	62.3M	39.8M	28.9M
Non Current Assets Total	1.8B	2.2B	3.0B	3.6B	4.3B	2.4B
Non Currrent Assets Other	1.7B	2.1B	2.9B	3.4B	4.3B	2.3B
Other Assets	93.1M	2.3B	185.9M	(368.2M)	(423.5M)	(402.3M)
Long Term Debt	726.9M	626.3M	1.0B	1.4B	1.7B	965.1M
Cash And Short Term Investments	8.3M	26.6M	59.8M	62.3M	39.8M	28.9M
Net Receivables	118.1M	215.5M	272.9M	341.6M	364.1M	185.7M
Common Stock Shares Outstanding	75.3M	96.2M	117.5M	135.9M	153.5M	96.8M
Long Term Debt Total	726.9M	626.3M	1.0B	1.4B	1.6B	1.7B
Liabilities And Stockholders Equity	2.0B	2.5B	3.3B	4.0B	4.8B	2.7B
Non Current Liabilities Total	736.5M	864.4M	1.2B	1.4B	1.7B	1.0B
Capital Lease Obligations	9.6M	10.2M	12.7M	11.6M	11.2M	9.6M
Inventory	1.2M	17.1M	15.4M	4.8M	7.5M	9.3M
Other Current Assets	29.0M	6.4M	(117.7M)	9.2M	9.2M	9.6M
Other Stockholder Equity	1.2B	1.7B	2.2B	2.6B	3.0B	1.6B
Total Liab	773.3M	906.9M	1.3B	1.5B	1.8B	1.1B
Total Current Assets	156.6M	265.5M	348.1M	417.9M	420.5M	235.1M
Non Current Liabilities Other	244.9M	181.2M	12.7M	11.6M	11.2M	10.6M
Short Term Debt	3.9M	4.1M	9.4M	9.0M	9.8M	9.3M
Intangible Assets	78.9M	80.3M	88.0M	88.4M	89.2M	83.8M
Common Stock	838K	1.1M	1.2M	1.4M	1.6M	1.6M
Property Plant Equipment	1.8B	2.3B	3.0B	3.7B	4.3B	4.5B
Deferred Long Term Liab	3.5M	2.5M	1.4M	3.7M	4.3M	2.8M
Net Invested Capital	1.9B	2.4B	3.2B	3.9B	4.6B	2.8B
Net Working Capital	26.4M	53.7M	267.9M	349.2M	342.0M	359.1M
Noncontrolling Interest In Consolidated Entity	7.7M	7.2M	7.2M	8.5M	7.7M	7.3M
Retained Earnings	(27.5M)	(77.7M)	(101.0M)	(117.2M)	(105.5M)	(110.8M)
Accounts Payable	36.8M	42.5M	64.8M	(9.0M)	(8.1M)	(7.7M)
Common Stock Total Equity	838K	1.1M	1.2M	1.4M	1.6M	1.1M
Retained Earnings Total Equity	(27.5M)	(77.7M)	(101.0M)	(117.2M)	(105.5M)	(110.7M)
Capital Surpluse	1.2B	1.7B	2.2B	2.6B	2.9B	1.8B

Pair Trading with Essential Properties

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

Moving together with Essential Stock

0.71

BRT

BRT Realty Trust Financial Report 13th of May 2024

Pair Corr

Moving against Essential Stock

0.67	ELS	Equity Lifestyle Pro Financial Report 15th of July 2024	Pair Corr
0.63	DOUG	Douglas Elliman Earnings Call This Week	Pair Corr
0.57	ADC-PA	Agree Realty	Pair Corr
0.52	FR	First Industrial Realty	Pair Corr
0.47	UK	Ucommune International	Pair Corr

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

The correlation of Essential Properties 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 Essential Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essential Properties 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 Essential Properties 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 Essential Properties is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Essential Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Essential Properties Realty Stock. Highlighted below are key reports to facilitate an investment decision about Essential Properties Realty Stock:

How To Invest In Essential

Details

Is Essential Stock a good investment?

Details

What is Essential Properties' Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essential Properties Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Essential Stock analysis

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

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Is Essential Properties' 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 Essential Properties. If investors know Essential 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 Essential Properties 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

(0.05)

Dividend Share

1.13

Earnings Share

1.23

Revenue Per Share

2.403

Quarterly Revenue Growth

0.237

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

Net Tangible Assets vs Net Working Capital

Net Tangible Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Working Capital

Essential Properties fundamental ratios Correlations

Essential Properties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Essential Properties fundamental ratios Accounts

Pair Trading with Essential Properties

Moving together with Essential Stock

Moving against Essential Stock

Complementary Tools for Essential Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Short Long Term Debt	- 0.92	Other Liab
Short Long Term Debt	- 0.9	Capital Lease Obligations
Net Debt	- 0.82	Other Liab
Other Liab	- 0.82	Other Current Liab
Total Liab	- 0.81	Other Liab
Non Current Liabilities Total	- 0.81	Other Liab