European Historical Balance Sheet

ERE-UN Stock  CAD 3.80  0.01  0.26%   
Trend analysis of European Residential Real balance sheet accounts such as Total Current Liabilities of 109.9 M or Total Stockholder Equity of 288.7 M provides information on European Residential's total assets, liabilities, and equity, which is the actual value of European Residential Real to its prevalent stockholders. By breaking down trends over time using European 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.
 
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Financial Statement Analysis is much more than just reviewing and examining European Residential Real latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether European Residential Real is a good buy for the upcoming year.

European Residential Inventory

404,512

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About European Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of European Residential Real at a specified time, usually calculated after every quarter, six months, or one year. European Residential Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of European 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 European currently owns. An asset can also be divided into two categories, current and non-current.

European Residential Balance Sheet Chart

At present, European Residential's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 9 M, whereas Total Assets are forecasted to decline to about 1.2 B.

Total Assets

Total assets refers to the total amount of European 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 European Residential Real 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 Current Liabilities

Total Current Liabilities is an item on European Residential balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of European Residential Real are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from European Residential's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into European Residential Real current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 European Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, European Residential's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 9 M, whereas Total Assets are forecasted to decline to about 1.2 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities5.4M45.1M20.7M11.1M
Total Assets1.9B1.9B1.7B1.2B

European Residential balance sheet Correlations

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European Residential Account Relationship Matchups

European Residential balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.9B1.9B1.7B1.2B
Other Current Liab3.4M3.6M5.4M45.1M20.7M11.1M
Total Current Liabilities43.7M32.2M79.3M111.5M104.7M109.9M
Total Stockholder Equity243.8M353.7M441.8M550.1M427.2M288.7M
Net Debt614.1M699.5M875.0M954.0M985.6M579.3M
Retained Earnings(5.8M)103.5M190.0M295.7M170.6M102.7M
Cash14.0M10.7M10.3M10.9M6.9M9.0M
Non Current Assets Total1.4B1.5B1.9B1.9B1.7B1.2B
Non Currrent Assets Other16.9M1.5B1.9B1.9B1.7B872.4M
Cash And Short Term Investments14.0M10.7M10.3M10.9M6.9M9.0M
Common Stock Shares Outstanding141.2M230.7M231.2M231.9M233.0M160.5M
Liabilities And Stockholders Equity1.4B1.5B1.9B1.9B1.7B1.2B
Non Current Liabilities Total1.1B1.1B1.4B1.3B1.2B845.4M
Other Current Assets13.4M2.2M470K1.1M2.2M2.8M
Total Liab1.1B1.1B1.4B1.4B1.3B897.8M
Total Current Assets28.3M14.0M14.0M15.4M11.9M13.6M
Common Stock249.7M250.2M251.8M254.4M256.6M185.6M
Short Long Term Debt Total628.0M710.2M885.3M964.9M992.5M672.4M
Other Liab18.5M32.9M87.5M77.5M89.1M46.1M
Net Tangible Assets233.3M343.2M431.2M550.1M632.7M318.5M
Property Plant And Equipment Net1.3B1.5B1.9B1.9B1.7B1.4B
Current Deferred Revenue38.1M17.2M19.2M1.6M1.5M1.4M
Accounts Payable968K384K2.6M2.9M1.9M1.9M
Long Term Debt626.8M699.3M833.2M903.2M912.0M639.6M
Net Receivables13.5M2.6M2.2M3.5M2.4M2.9M
Inventory(12.6M)(42K)995K335K385.3K404.5K
Net Invested Capital871.9M1.1B1.3B1.5B1.4B1.0B
Short Long Term Debt1.2M11.0M52.1M61.9M80.5M84.6M
Non Current Liabilities Other452.9M379.5M445.1M296.9M250.6M287.3M
Net Working Capital(15.4M)(18.2M)(65.4M)(96.0M)(92.8M)(88.2M)
Short Term Debt1.2M11.0M52.1M61.9M80.5M84.6M
Property Plant Equipment1.3B1.5B1.9B1.9B2.2B1.4B
Capital Stock249.7M250.2M251.8M254.4M256.6M239.1M

Pair Trading with European 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 European 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 European Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with European Stock

  0.72GOOG Alphabet CDRPairCorr
  0.7JPM JPMorgan ChasePairCorr
The ability to find closely correlated positions to European 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 European 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 European 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 European Residential Real to buy it.
The correlation of European 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential Real 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 European 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

Other Information on Investing in European Stock

Balance Sheet is a snapshot of the financial position of European Residential Real at a specified time, usually calculated after every quarter, six months, or one year. European Residential Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of European 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 European currently owns. An asset can also be divided into two categories, current and non-current.