Empire Common Stock vs Net Debt Analysis
OGCP Stock | USD 9.11 0.08 0.87% |
Empire State financial indicator trend analysis is much more than just examining Empire State Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empire State Realty is a good investment. Please check the relationship between Empire State Common Stock and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Empire State Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Common Stock vs Net Debt
Common Stock vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire State Realty Common Stock account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Empire State's Common Stock and Net Debt is 0.67. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Empire State Realty, assuming nothing else is changed. The correlation between historical values of Empire State's Common Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Empire State Realty are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock i.e., Empire State's Common Stock and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
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 Empire State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empire State Realty 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Empire State Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Empire State's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/17/2024, Enterprise Value Over EBITDA is likely to grow to 13.40, while Enterprise Value is likely to drop slightly above 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 94.4M | 101.2M | 109.3M | 78.7M | Depreciation And Amortization | 210.2M | 221.8M | 189.9M | 142.2M |
Empire State fundamental ratios Correlations
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Empire State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Empire State fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 294.7M | 278.2M | 275.0M | 269.9M | 265.6M | 229.0M | |
Total Assets | 3.9B | 4.2B | 4.3B | 4.2B | 4.2B | 3.4B | |
Short Long Term Debt Total | 1.7B | 2.2B | 2.3B | 2.3B | 2.3B | 1.8B | |
Other Current Liab | (3.9M) | (4.1M) | 71.5M | 45.1M | (31.0M) | (29.5M) | |
Total Current Liabilities | 215.8M | 191.5M | 205.2M | 162.8M | 170.0M | 143.6M | |
Total Stockholder Equity | 1.9B | 1.7B | 1.7B | 1.7B | 985.5M | 1.3B | |
Current Deferred Revenue | 72.0M | 88.3M | 84.4M | 76.1M | 70.3M | 45.3M | |
Net Debt | 1.5B | 1.6B | 1.9B | 2.0B | 1.9B | 1.5B | |
Accounts Payable | 143.8M | 103.2M | 41.7M | 32.9M | 44.2M | 81.4M | |
Cash | 233.9M | 526.7M | 423.7M | 264.4M | 407.0M | 260.5M | |
Non Current Assets Total | 3.3B | 3.3B | 3.5B | 3.5B | 3.5B | 2.8B | |
Non Currrent Assets Other | 2.5B | 2.4B | 2.6B | 2.6B | 2.7B | 1.9B | |
Cash And Short Term Investments | 233.9M | 526.7M | 423.7M | 264.4M | 407.0M | 289.9M | |
Net Receivables | 246.4M | 244.0M | 243.6M | 264.3M | 295.5M | 178.8M | |
Liabilities And Stockholders Equity | 3.9B | 4.2B | 4.3B | 4.2B | 4.2B | 3.4B | |
Non Current Liabilities Total | 1.8B | 2.2B | 2.4B | 2.3B | 2.3B | 1.9B | |
Other Current Assets | (518.0M) | (812.0M) | 76.5M | 98.1M | (702.4M) | (667.3M) | |
Other Stockholder Equity | 1.9B | 1.8B | 1.8B | 1.8B | 1.0B | 1.3B | |
Total Liab | 2.0B | 2.4B | 2.6B | 2.5B | 2.5B | 2.0B | |
Total Current Assets | 583.4M | 889.2M | 794.8M | 712.6M | 702.4M | 581.6M | |
Accumulated Other Comprehensive Income | (21.5M) | (28.3M) | (20.8M) | 7.0M | 6.0M | 6.3M | |
Retained Earnings | 15.8M | (65.7M) | (133.6M) | (109.5M) | (83.1M) | (79.0M) | |
Property Plant And Equipment Gross | 29.3M | 29.1M | 28.9M | 28.7M | 28.4M | 27.0M | |
Short Term Debt | 3.9M | 4.1M | 7.7M | 8.6M | 86.5M | 90.9M | |
Intangible Assets | 352.6M | 344.7M | 336.9M | 329.1M | 321.2M | 303.1M | |
Common Stock | 1.8M | 1.7M | 1.7M | 1.6M | 1.6M | 1.7M | |
Other Liab | 111.7M | 120.0M | 109.3M | 93.9M | 84.5M | 88.3M | |
Net Tangible Assets | 1.1B | 895.1M | 1.2B | 817.1M | 939.7M | 1.0B | |
Other Assets | 229.1M | 3.1B | 4.8B | 189.8M | (1.0) | (0.95) | |
Long Term Debt | 1.7B | 2.1B | 2.3B | 2.2B | 2.2B | 2.1B | |
Deferred Long Term Liab | 228.2M | 88.3M | 84.4M | 187.6M | 168.8M | 187.8M | |
Property Plant Equipment | 2.3B | 2.2B | 2.4B | 2.4B | 2.8B | 2.4B | |
Capital Lease Obligations | 29.3M | 29.1M | 28.9M | 28.7M | 28.4M | 30.7M | |
Non Current Liabilities Other | 39.7M | 60.8M | 53.7M | 42.9M | 13.8M | 13.1M | |
Net Invested Capital | 3.6B | 3.9B | 2.3B | 2.2B | 4.0B | 2.7B |
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