Essex Total Stockholder Equity vs Net Working Capital Analysis

ESS Stock  USD 246.92  0.29  0.12%   
Essex Property financial indicator trend analysis is much more than just examining Essex Property Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essex Property Trust is a good investment. Please check the relationship between Essex Property Total Stockholder Equity and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essex Property Trust Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between Essex Property's Total Stockholder Equity and Net Working Capital is 0.35. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Essex Property Trust, assuming nothing else is changed. The correlation between historical values of Essex Property's Total Stockholder Equity 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 Total Stockholder Equity of Essex Property Trust 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 Total Stockholder Equity i.e., Essex Property's Total Stockholder Equity and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 Working Capital

Most indicators from Essex Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essex Property Trust 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 Essex Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Essex Property's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 22.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 32.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit959.1M1.1B639.3M500.7M
Total Revenue1.4B1.6B1.7B1.8B

Essex Property fundamental ratios Correlations

0.99-0.170.380.9-0.430.9-0.891.00.980.910.990.990.990.340.950.420.460.770.480.9-0.450.770.910.320.93
0.99-0.290.350.84-0.410.88-0.930.980.960.881.00.961.00.380.980.470.560.790.570.87-0.430.820.880.310.91
-0.17-0.290.420.12-0.08-0.050.51-0.16-0.120.04-0.27-0.11-0.3-0.13-0.43-0.54-0.82-0.27-0.650.01-0.08-0.450.010.14-0.1
0.380.350.420.43-0.320.38-0.220.370.40.420.320.390.340.490.280.2-0.140.450.010.46-0.330.440.460.460.37
0.90.840.120.43-0.410.96-0.670.910.90.970.860.920.840.250.780.120.190.560.280.96-0.430.520.960.330.96
-0.43-0.41-0.08-0.32-0.41-0.370.34-0.44-0.59-0.35-0.42-0.44-0.41-0.1-0.4-0.26-0.2-0.4-0.15-0.381.0-0.31-0.38-0.21-0.39
0.90.88-0.050.380.96-0.37-0.740.90.880.980.890.890.870.310.820.110.350.530.450.97-0.390.570.960.340.99
-0.89-0.930.51-0.22-0.670.34-0.74-0.88-0.85-0.74-0.93-0.85-0.94-0.37-0.95-0.66-0.68-0.81-0.57-0.740.36-0.83-0.75-0.19-0.79
1.00.98-0.160.370.91-0.440.9-0.880.980.910.991.00.980.320.950.40.450.760.460.91-0.450.750.910.320.93
0.980.96-0.120.40.9-0.590.88-0.850.980.890.970.980.960.30.930.40.440.750.440.89-0.610.730.890.330.92
0.910.880.040.420.97-0.350.98-0.740.910.890.890.910.880.30.80.150.250.580.350.97-0.370.570.970.330.98
0.991.0-0.270.320.86-0.420.89-0.930.990.970.890.971.00.350.970.450.550.770.550.88-0.440.790.880.290.92
0.990.96-0.110.390.92-0.440.89-0.851.00.980.910.970.960.30.930.40.390.760.40.9-0.460.730.910.310.92
0.991.0-0.30.340.84-0.410.87-0.940.980.960.881.00.960.380.980.480.570.790.570.87-0.430.820.870.310.91
0.340.38-0.130.490.25-0.10.31-0.370.320.30.30.350.30.380.350.420.290.590.430.41-0.110.630.410.090.34
0.950.98-0.430.280.78-0.40.82-0.950.950.930.80.970.930.980.350.530.650.760.620.81-0.420.820.810.30.86
0.420.47-0.540.20.12-0.260.11-0.660.40.40.150.450.40.480.420.530.50.840.250.19-0.260.760.2-0.090.21
0.460.56-0.82-0.140.19-0.20.35-0.680.450.440.250.550.390.570.290.650.50.420.770.24-0.210.620.250.120.41
0.770.79-0.270.450.56-0.40.53-0.810.760.750.580.770.760.790.590.760.840.420.380.62-0.410.920.630.190.61
0.480.57-0.650.010.28-0.150.45-0.570.460.440.350.550.40.570.430.620.250.770.380.41-0.150.670.410.490.48
0.90.870.010.460.96-0.380.97-0.740.910.890.970.880.90.870.410.810.190.240.620.41-0.40.611.00.360.97
-0.45-0.43-0.08-0.33-0.431.0-0.390.36-0.45-0.61-0.37-0.44-0.46-0.43-0.11-0.42-0.26-0.21-0.41-0.15-0.4-0.33-0.4-0.22-0.41
0.770.82-0.450.440.52-0.310.57-0.830.750.730.570.790.730.820.630.820.760.620.920.670.61-0.330.620.350.64
0.910.880.010.460.96-0.380.96-0.750.910.890.970.880.910.870.410.810.20.250.630.411.0-0.40.620.360.97
0.320.310.140.460.33-0.210.34-0.190.320.330.330.290.310.310.090.3-0.090.120.190.490.36-0.220.350.360.33
0.930.91-0.10.370.96-0.390.99-0.790.930.920.980.920.920.910.340.860.210.410.610.480.97-0.410.640.970.33
Click cells to compare fundamentals

Essex Property Account Relationship Matchups

Essex Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7B12.9B13.0B12.4B12.4B13.0B
Short Long Term Debt Total5.9B6.3B6.4B6.0B6.3B6.6B
Other Current Liab(161.9M)(176.8M)(183.2M)(167.2M)(403.1M)(383.0M)
Total Current Liabilities55M182.7M341.3M52.1M352.8M213.4M
Total Stockholder Equity6.2B6.0B6.0B5.7B5.4B2.8B
Net Debt5.8B6.2B6.3B6.0B5.9B2.9B
Retained Earnings(887.6M)(861.2M)(916.8M)(1.1B)(1.3B)(1.2B)
Non Current Assets Total12.3B12.5B12.4B12.1B11.7B12.3B
Non Currrent Assets Other10.9B11.4B11.2B10.9B10.5B11.0B
Common Stock Shares Outstanding65.9M65.6M65.1M65.1M64.3M39.7M
Liabilities And Stockholders Equity12.7B12.9B13.0B12.4B12.4B13.0B
Non Current Liabilities Total6.2B6.7B6.4B6.4B6.4B6.7B
Other Stockholder Equity7.1B6.9B6.9B6.8B6.7B7.0B
Total Liab6.3B6.7B6.8B6.5B6.7B7.1B
Short Term Debt55M203.5M341.3M52.1M403.1M240.6M
Accounts Payable158.0M152.9M180.8M165.5M176.4M185.2M
Cash81.1M84.0M58.6M42.7M400.3M420.4M
Other Assets3.8M12.7B11.8B11.1B12.4B13.0B
Cash And Short Term Investments225.3M231.8M250.5M155.4M400.3M420.4M
Net Receivables134.4M195.1M341.0M103.0M174.6M183.4M
Total Current Assets359.7M484.9M591.5M258.5M662.8M695.9M
Accumulated Other Comprehensive Income(13.9M)(14.7M)(5.6M)46.5M33.6M35.2M
Other Liab36.4M36.7M393.1M37.8M43.5M86.9M
Long Term Debt5.8B6.3B6.3B6.0B6.2B3.6B
Short Term Investments144.2M147.8M191.8M112.7M87.8M96.7M
Inventory(1M)57.9M1.0(9.4M)(4.3M)(4.1M)
Other Current Assets(215.5M)(279.1M)(399.7M)9.4M(575.0M)(546.2M)
Net Tangible Assets6.3B6.0B6.0B5.7B6.6B5.5B
Noncontrolling Interest In Consolidated Entity183.1M182.8M182.9M178.7M205.6M126.4M
Long Term Debt Total5.8B6.3B6.3B6.0B6.9B5.4B
Capital Surpluse7.1B6.9B6.9B6.8B7.8B6.2B
Deferred Long Term Liab3.8M3.7M4.4M5.1M5.9M6.2M

Essex Property Investors Sentiment

The influence of Essex Property'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 Essex. 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 Essex Property's public news can be used to forecast risks associated with an investment in Essex. The trend in average sentiment can be used to explain how an investor holding Essex can time the market purely based on public headlines and social activities around Essex Property Trust. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Essex Property'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 Essex Property'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 Essex Property's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Essex Property.
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 Essex Property 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, Essex Property's short interest history, or implied volatility extrapolated from Essex Property options trading.

Pair Trading with Essex Property

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

Moving together with Essex Stock

  0.74PK Park Hotels Resorts Earnings Call This WeekPairCorr

Moving against Essex Stock

  0.51NLOP Net Lease Office Symbol ChangePairCorr
  0.49COLD Americold Realty Trust Financial Report 2nd of May 2024 PairCorr
  0.41KW Kennedy Wilson Holdings Financial Report 1st of May 2024 PairCorr
The ability to find closely correlated positions to Essex Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Essex Property 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 Essex Property - 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 Essex Property Trust to buy it.
The correlation of Essex Property 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 Essex Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Essex Property Trust 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 Essex Property 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 Essex Property Trust is a strong investment it is important to analyze Essex Property'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 Essex Property's future performance. For an informed investment choice regarding Essex Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Essex Property's price analysis, check to measure Essex Property'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 Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.
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Is Essex Property'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 Essex Property. If investors know Essex 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 Essex Property 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
(0.64)
Dividend Share
9.24
Earnings Share
6.32
Revenue Per Share
26.146
Quarterly Revenue Growth
(0.04)
The market value of Essex Property Trust is measured differently than its book value, which is the value of Essex that is recorded on the company's balance sheet. Investors also form their own opinion of Essex Property's value that differs from its market value or its book value, called intrinsic value, which is Essex Property'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 Essex Property's market value can be influenced by many factors that don't directly affect Essex Property'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 Essex Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essex Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essex Property'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.