Equinix Historical Financial Ratios

EQIX Stock  USD 825.33  10.02  1.23%   
Equinix is recently reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 8.75 or Dividend Yield of 0.0353 will help investors to properly organize and evaluate Equinix financial condition quickly.
  
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.

About Equinix Financial Ratios Analysis

EquinixFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Equinix investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Equinix financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Equinix history.

Equinix Financial Ratios Chart

Equinix financial ratios usually calculated using numerical values taken directly from Equinix financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Equinix. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Equinix's Payables Turnover is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.19 in 2024, whereas Price To Sales Ratio is likely to drop 8.75 in 2024.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Equinix stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Equinix sales, a figure that is much harder to manipulate than other Equinix multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Equinix dividend as a percentage of Equinix stock price. Equinix dividend yield is a measure of Equinix stock productivity, which can be interpreted as interest rate earned on an Equinix investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most ratios from Equinix's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Equinix current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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.At this time, Equinix's Payables Turnover is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.19 in 2024, whereas Price To Sales Ratio is likely to drop 8.75 in 2024.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01370.01920.01820.0353
Price To Sales Ratio11.448.269.218.75

Equinix fundamentals Correlations

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Click cells to compare fundamentals

Equinix Account Relationship Matchups

Equinix fundamentals Accounts

201920202021202220232024 (projected)
Short Term Coverage Ratios2.124.47.849.852.624.74
Price Earnings Ratio96.78169.38151.8185.1677.7981.68
Price To Sales Ratio8.8310.4411.448.269.218.75
Dividend Yield0.0170.01510.01370.01920.01820.0353
Operating Cycle45.2241.1866.5451.19332.1348.7
Price Book Value Ratio5.565.896.985.216.046.34
Price Earnings To Growth Ratio3.06(5.64)4.752.242.251.3
Days Of Payables Outstanding98.81104.1192.4197.7612.5722.59
Operating Cash Flow Per Share23.6826.3428.3732.3635.7137.5
Dividend Payout Ratio1.652.562.091.631.421.35
Price To Operating Cash Flows Ratio24.6527.1229.8120.2422.5511.35
Free Cash Flow Per Share(1.03)0.31(2.28)7.486.06.3
Price To Free Cash Flows Ratio(565.86)2.3K(371.66)87.54134.1387.67
Pretax Profit Margin0.08540.120.08610.09180.110.14
Company Equity Multiplier2.82.712.542.572.612.08
Cash Per Share22.3418.3518.4221.9722.8621.72
Interest Coverage2.442.593.33.373.11.74
Return On Capital Employed0.05220.05360.04210.04220.05010.0526
Payout Ratio1.652.562.091.631.421.35
Debt Equity Ratio1.51.311.381.431.121.04
Quick Ratio0.821.191.111.561.071.02
Dividend Paid And Capex Coverage Ratio(1.6)(1.73)(1.49)(2.63)(2.38)(2.26)
Cash Ratio0.870.780.961.040.660.63
Cash Conversion Cycle(53.58)(62.93)(25.87)(46.57)319.52335.5
Days Of Sales Outstanding45.2241.1837.542.9955.7852.99
Free Cash Flow Operating Cash Flow Ratio(0.0436)0.0118(0.0802)0.230.170.16
Price To Book Ratio5.565.896.985.216.046.34
Current Ratio1.01.331.281.841.131.07

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

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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 CorrelationCorrelation 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:
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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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
10.33
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.