Equinix Financials

EQIX Stock  USD 815.31  15.24  1.90%   
Based on the key measurements obtained from Equinix's financial statements, Equinix is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At this time, Equinix's Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 2.2 B in 2024, despite the fact that Retained Earnings are likely to grow to (4.5 B). Key indicators impacting Equinix's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.041.1211
Significantly Down
Slightly volatile
Current Ratio1.071.1282
Notably Down
Slightly volatile
The financial analysis of Equinix is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Equinix includes many different criteria found on its balance sheet. For example, investors should never minimize Equinix's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Equinix's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Equinix.

Net Income

1.02 Billion

With this module, you can analyze Equinix financials for your investing period. You should be able to track the changes in Equinix individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Equinix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Equinix's financial statements are interrelated, with each one affecting the others. For example, an increase in Equinix's assets may result in an increase in income on the income statement.
Evaluating Equinix's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Equinix's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Equinix's relative financial performance

Chance Of Distress

Less than 1

 
100  
 
Zero
Very Small
Equinix has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Equinix stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Equinix's odds of distress score SHOULD NOT be confused with the real chance of Equinix filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Equinix is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Equinix's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Equinix's official financial statements usually reflect Equinix's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Equinix. For example, before you start analyzing numbers published by Equinix accountants, it's critical to develop an understanding of what Equinix's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Equinix's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Equinix's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Equinix's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Equinix. Please utilize our Beneish M Score to check the likelihood of Equinix's management manipulating its earnings.

Equinix Company Summary

Equinix competes with Iridium Communications, Tesla, Kenon Holdings, Anterix, and Digi International. Equinix is the worlds digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value. Equinix operates under REITSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 11800 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001101239
ISINUS29444U7000
CUSIP29444U700 29444U502 29444U106
RegionNorth America
LocationCalifornia; U.S.A
Business AddressOne Lagoon Drive,
SectorDiversified REITs
IndustryReal Estate
BenchmarkNYSE Composite
Websitewww.equinix.com
Phone650 598 6000
CurrencyUSD - US Dollar
You should never invest in Equinix without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Equinix Stock, because this is throwing your money away. Analyzing the key information contained in Equinix's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Equinix Key Financial Ratios

Generally speaking, Equinix's financial ratios allow both analysts and investors to convert raw data from Equinix's financial statements into concise, actionable information that can be used to evaluate the performance of Equinix over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Equinix reports annually and quarterly.

Equinix Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets24.0B27.0B27.9B30.3B32.7B34.3B
Other Current Liab362.6M537.2M275.7M384.7M1.6B1.7B
Net Debt11.4B12.3B13.5B14.6B15.4B16.1B
Retained Earnings(2.8B)(3.4B)(3.9B)(4.4B)(4.8B)(4.5B)
Accounts Payable760.7M876.9M879.1M1.0B162.4M303.3M
Cash1.9B1.6B1.5B1.9B2.1B2.2B
Net Receivables689.1M676.7M681.8M855.4M1.3B1.3B
Other Current Assets303.5M355.0M462.7M459.1M(3.4B)(3.2B)
Total Liab15.1B16.4B17.0B18.8B20.1B21.1B
Total Current Assets2.9B2.6B3.0B3.3B3.6B3.7B
Short Term Debt941.7M524.4M325.0M300.8M1.3B1.3B
Common Stock86K89K91K93K95K60.7K
Other Liab621.7M949.0M763.4M797.9M917.5M963.4M
Other Assets521.1M2.3B926.1M1.0B1.2B1.2B
Long Term Debt9.6B10.3B11.6B12.8B12.7B13.4B
Intangible Assets2.1B2.2B1.9B1.9B1.7B1.8B
Good Will4.8B5.5B5.4B5.7B5.7B6.0B
Net Tangible Assets2.0B3.0B3.6B4.0B4.5B4.8B
Long Term Debt Total9.6B10.3B11.6B12.8B14.7B7.9B
Capital Surpluse12.7B15.0B16.0B17.3B19.9B20.9B

Equinix Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Equinix's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense479.7M406.5M336.1M356.3M476.6M500.4M
Total Revenue5.6B6.0B6.6B7.3B8.2B8.6B
Gross Profit2.8B2.9B3.2B3.5B3.5B3.6B
Operating Income1.2B1.1B1.1B1.2B1.5B1.6B
Ebit1.2B1.1B1.1B1.2B1.5B1.6B
Ebitda2.5B2.6B2.7B3.0B3.3B3.5B
Cost Of Revenue2.8B3.1B3.5B3.8B4.7B4.9B
Net Income507.5M369.8M500.2M704.3M969.2M1.0B
Income Tax Expense185.4M146.2M109.2M124.8M155.3M163.0M
Income Before Tax692.6M516.2M609.0M829.4M1.1B1.2B
Non Recurring40.6M63.2M22.8M21.8M25.1M32.9M
Minority Interest(205K)297K(463K)(232K)(33K)(31.4K)
Tax Provision185.4M146.2M109.2M124.8M161.2M112.1M
Interest Income27.7M8.7M2.6M36.3M84.5M43.2M
Net Interest Income(452.0M)(397.8M)(333.4M)(320.1M)(308.6M)(324.0M)

Equinix Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Equinix. It measures of how well Equinix is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Equinix brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Equinix had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Equinix has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash1.3B(260.9M)(76.2M)358.8M188.1M197.5M
Free Cash Flow(86.8M)27.3M(204.3M)685.2M562.1M590.2M
Depreciation1.3B1.4B1.7B1.7B1.8B1.9B
Capital Expenditures2.1B2.3B2.8B2.3B2.8B2.9B
Net Income507.2M370.1M499.7M704.6M969.2M1.0B
End Period Cash Flow1.9B1.6B1.5B1.9B2.1B2.2B
Other Non Cash Items32.7M33.8M51.6M88.8M82.5M86.6M
Change To Inventory(15.9M)(3.1M)10.8M(64.6M)(74.3M)(70.6M)
Investments(20.5M)(98.4M)(103.5M)(3.4B)(3.0B)(2.9B)
Change Receivables(26.9M)25.4M(1.9M)(153.4M)(138.1M)(131.2M)
Net Borrowings451.7M664.7M1.0B1.3B1.5B839.9M
Dividends Paid836.2M947.9M1.0B1.2B(1.4B)(1.3B)
Change To Netincome280.9M468.5M502.6M478.1M549.8M577.3M

Equinix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Equinix's current stock value. Our valuation model uses many indicators to compare Equinix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equinix competition to find correlations between indicators driving Equinix's intrinsic value. More Info.
Equinix is one of the top stocks in return on asset category among related companies. It is one of the top stocks in debt to equity category among related companies fabricating about  71.44  of Debt To Equity per Return On Asset. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Equinix by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equinix's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Equinix's earnings, one of the primary drivers of an investment's value.

Equinix Systematic Risk

Equinix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equinix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Equinix correlated with the market. If Beta is less than 0 Equinix generally moves in the opposite direction as compared to the market. If Equinix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equinix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equinix is generally in the same direction as the market. If Beta > 1 Equinix moves generally in the same direction as, but more than the movement of the benchmark.

About Equinix Financials

What exactly are Equinix Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Equinix's income statement, its balance sheet, and the statement of cash flows. Potential Equinix investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Equinix investors may use each financial statement separately, they are all related. The changes in Equinix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equinix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Equinix Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Equinix is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Equinix has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Equinix's financials are consistent with your investment objective using the following steps:
  • Review Equinix's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Equinix's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Equinix's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Equinix's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Equinix Thematic Clasifications

Equinix is part of several thematic ideas from Investing to Macroaxis Index. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Equinix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Equinix's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Equinix growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.3

At this time, Equinix's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Equinix March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Equinix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equinix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equinix based on widely used predictive technical indicators. In general, we focus on analyzing Equinix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equinix's daily price indicators and compare them against related drivers.
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 CEOs Directory module to screen CEOs from public companies around the world.

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When running Equinix's price analysis, check to measure Equinix'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 Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.
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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.