Equity Enterprise Value vs Free Cash Flow Analysis

EQR Stock  USD 63.11  0.54  0.86%   
Trend analysis of Equity Residential balance sheet accounts such as Total Stockholder Equity of 7.2 B or Net Debt of 7.7 B provides information on Equity Residential's total assets, liabilities, and equity, which is the actual value of Equity Residential to its prevalent stockholders. By breaking down trends over time using Equity Residential balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

About Equity Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Equity Residential at a specified time, usually calculated after every quarter, six months, or one year. Equity Residential Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Equity Residential and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Equity currently owns. An asset can also be divided into two categories, current and non-current.

Equity Residential Balance Sheet Chart

Equity Residential Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Equity Residential uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Equity Residential's Other Assets are relatively stable compared to the past year. As of 03/29/2024, Accumulated Other Comprehensive Income is likely to grow to about 6 M, while Total Stockholder Equity is likely to drop slightly above 7.2 B.

Total Assets

Total assets refers to the total amount of Equity Residential assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Equity Residential books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Equity Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity Residential 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 Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.As of 03/29/2024, Tax Provision is likely to grow to about 1.1 M, while Selling General Administrative is likely to drop slightly above 45.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense272.5M282.9M266.7M446.5M
Depreciation And Amortization838.3M882.2M901.5M617.3M

Equity Residential fundamental ratios Correlations

0.930.940.940.870.990.790.970.920.940.94-0.190.530.480.45-0.270.09-0.270.650.94-0.250.170.970.080.510.6
0.930.761.00.750.910.60.841.00.751.00.060.570.40.35-0.07-0.11-0.070.730.810.010.30.86-0.010.680.51
0.940.760.780.870.950.860.960.741.00.78-0.390.430.50.49-0.430.27-0.430.490.95-0.450.030.960.160.30.61
0.941.00.780.780.920.630.850.990.771.00.030.560.420.4-0.13-0.1-0.130.720.82-0.050.280.860.010.680.56
0.870.750.870.780.860.880.80.740.830.76-0.450.330.50.72-0.530.24-0.530.350.77-0.550.180.80.130.510.84
0.990.910.950.920.860.80.970.890.950.92-0.20.520.480.43-0.30.11-0.30.640.95-0.270.070.970.090.520.6
0.790.60.860.630.880.80.790.580.850.62-0.730.250.610.63-0.50.24-0.50.350.77-0.60.00.790.290.240.75
0.970.840.960.850.80.970.790.820.970.86-0.230.450.520.37-0.270.24-0.270.580.98-0.260.071.00.170.350.49
0.921.00.740.990.740.890.580.820.720.990.090.580.320.34-0.02-0.12-0.020.720.790.050.310.84-0.090.690.49
0.940.751.00.770.830.950.850.970.720.77-0.380.420.510.44-0.40.28-0.40.50.97-0.420.00.970.190.260.56
0.941.00.781.00.760.920.620.860.990.770.040.580.40.36-0.07-0.1-0.070.730.82-0.010.290.87-0.010.670.52
-0.190.06-0.390.03-0.45-0.2-0.73-0.230.09-0.380.040.07-0.36-0.520.47-0.220.470.1-0.220.680.07-0.21-0.280.27-0.52
0.530.570.430.560.330.520.250.450.580.420.580.07-0.150.040.19-0.420.190.720.340.180.240.45-0.560.20.18
0.480.40.50.420.50.480.610.520.320.510.4-0.36-0.150.36-0.490.35-0.490.140.51-0.47-0.030.510.860.160.45
0.450.350.490.40.720.430.630.370.340.440.36-0.520.040.36-0.740.03-0.740.150.32-0.750.320.340.140.210.91
-0.27-0.07-0.43-0.13-0.53-0.3-0.5-0.27-0.02-0.4-0.070.470.19-0.49-0.74-0.271.00.11-0.250.960.22-0.24-0.43-0.08-0.78
0.09-0.110.27-0.10.240.110.240.24-0.120.28-0.1-0.22-0.420.350.03-0.27-0.27-0.360.29-0.31-0.210.240.41-0.14-0.03
-0.27-0.07-0.43-0.13-0.53-0.3-0.5-0.27-0.02-0.4-0.070.470.19-0.49-0.741.0-0.270.11-0.250.960.22-0.24-0.43-0.08-0.78
0.650.730.490.720.350.640.350.580.720.50.730.10.720.140.150.11-0.360.110.510.150.210.58-0.20.360.26
0.940.810.950.820.770.950.770.980.790.970.82-0.220.340.510.32-0.250.29-0.250.51-0.240.040.990.220.350.44
-0.250.01-0.45-0.05-0.55-0.27-0.6-0.260.05-0.42-0.010.680.18-0.47-0.750.96-0.310.960.15-0.240.22-0.23-0.410.05-0.77
0.170.30.030.280.180.070.00.070.310.00.290.070.24-0.030.320.22-0.210.220.210.040.220.06-0.16-0.030.11
0.970.860.960.860.80.970.791.00.840.970.87-0.210.450.510.34-0.240.24-0.240.580.99-0.230.060.160.380.47
0.08-0.010.160.010.130.090.290.17-0.090.19-0.01-0.28-0.560.860.14-0.430.41-0.43-0.20.22-0.41-0.160.16-0.060.16
0.510.680.30.680.510.520.240.350.690.260.670.270.20.160.21-0.08-0.14-0.080.360.350.05-0.030.38-0.060.44
0.60.510.610.560.840.60.750.490.490.560.52-0.520.180.450.91-0.78-0.03-0.780.260.44-0.770.110.470.160.44
Click cells to compare fundamentals

Equity Residential Account Relationship Matchups

Equity Residential fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.2B20.3B21.2B20.2B20.0B16.2B
Short Long Term Debt Total9.4B8.4B8.7B7.7B7.7B7.8B
Total Stockholder Equity10.3B10.5B11.0B11.2B11.1B7.2B
Net Debt9.3B8.3B8.5B7.7B7.7B7.7B
Retained Earnings1.4B1.4B1.8B1.7B1.4B1.5B
Non Current Assets Total21.1B20.2B20.8B20.1B19.9B15.8B
Non Currrent Assets Other20.5B19.6B20.2B19.3B19.2B20.1B
Common Stock Shares Outstanding386.3M385.9M388.1M389.5M390.9M314.1M
Liabilities And Stockholders Equity21.2B20.3B21.2B20.2B20.0B16.2B
Non Current Liabilities Total8.8B8.4B8.8B8.0B7.6B7.9B
Other Stockholder Equity9.0B9.1B9.1B9.5B9.6B6.3B
Total Liab10.2B9.2B9.5B8.5B8.5B8.4B
Other Current Liab285.2M298.2M303.0M310.9M(176.6M)(185.5M)
Total Current Liabilities1.4B820.4M725.1M536.9M838.5M1.3B
Accounts Payable94.4M107.4M107.0M96.0M104.4M116.1M
Cash45.8M42.6M123.8M53.9M50.7M48.2M
Other Assets330.6M20.2B19.9B18.9B21.7B22.8B
Cash And Short Term Investments45.8M42.6M123.8M53.9M50.7M48.2M
Common Stock Total Equity3.7M3.7M3.8M3.8M4.4M3.1M
Total Current Assets117.0M99.7M360.2M137.2M140.0M133.0M
Accumulated Other Comprehensive Income(77.6M)(43.7M)(34.3M)(2.5M)5.7M6.0M
Common Stock3.7M3.7M3.8M3.8M3.8M3.1M
Short Term Debt1.0B414.8M315.0M130.0M910.7M989.6M
Other Liab417.0M405.5M419.2M375.9M432.3M529.8M
Long Term Debt8.0B7.6B8.0B7.4B7.0B8.3B
Other Current Assets(77.2M)(83.9M)(150.0M)(62.6M)(65.6M)(62.3M)
Property Plant Equipment20.3B19.3B20.3B19.5B22.5B15.7B
Noncontrolling Interest In Consolidated Entity229.0M237.8M232.3M209.2M188.3M178.9M
Retained Earnings Total Equity1.4B1.4B1.8B1.7B1.5B1.3B
Net Tangible Assets10.7B10.8B10.9B11.5B13.2B10.8B
Warrants463.4M339.0M499.0M318.3M286.4M334.7M
Long Term Debt Total8.0B7.6B8.3B7.4B8.5B9.1B
Capital Surpluse9.0B9.1B9.1B9.5B10.9B9.2B

Equity Residential Investors Sentiment

The influence of Equity Residential's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Equity Residential's public news can be used to forecast risks associated with an investment in Equity. The trend in average sentiment can be used to explain how an investor holding Equity can time the market purely based on public headlines and social activities around Equity Residential. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equity Residential's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equity Residential's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equity Residential's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Equity Residential.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equity Residential in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equity Residential's short interest history, or implied volatility extrapolated from Equity Residential options trading.

Pair Trading with Equity Residential

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

Moving against Equity Stock

  0.53ADC-PA Agree RealtyPairCorr
The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential 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 Equity Residential - 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 Equity Residential to buy it.
The correlation of Equity Residential 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 Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential 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 Equity Residential 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 Equity Residential is a strong investment it is important to analyze Equity Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Residential's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Residential. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is Equity Residential'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 Equity Residential. If investors know Equity 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 Equity Residential 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
0.957
Dividend Share
2.65
Earnings Share
2.13
Revenue Per Share
7.588
Quarterly Revenue Growth
0.04
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential'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 Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential'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 Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential'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.