Equity Net Invested Capital vs Total Current Assets Analysis
EQR Stock | USD 67.13 0.04 0.06% |
Equity Residential financial indicator trend analysis is much more than just examining Equity Residential latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Residential is a good investment. Please check the relationship between Equity Residential Net Invested Capital and its Total Current Assets accounts. 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.
Net Invested Capital vs Total Current Assets
Net Invested Capital vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Residential Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Equity Residential's Net Invested Capital and Total Current Assets is 0.18. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Equity Residential, assuming nothing else is changed. The correlation between historical values of Equity Residential's Net Invested Capital and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Equity Residential are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Equity Residential's Net Invested Capital and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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.At this time, Equity Residential's Tax Provision is relatively stable compared to the past year. As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Discontinued Operations is likely to drop slightly above 442.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 272.5M | 282.9M | 266.7M | 446.5M | Depreciation And Amortization | 838.3M | 882.2M | 901.5M | 617.3M |
Equity Residential fundamental ratios Correlations
Click cells to compare fundamentals
Equity Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equity Residential fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.2B | 20.3B | 21.2B | 20.2B | 20.0B | 16.2B | |
Short Long Term Debt Total | 9.4B | 8.4B | 8.7B | 7.7B | 7.7B | 7.8B | |
Total Stockholder Equity | 10.3B | 10.5B | 11.0B | 11.2B | 11.1B | 7.2B | |
Net Debt | 9.3B | 8.3B | 8.5B | 7.7B | 7.7B | 7.7B | |
Retained Earnings | 1.4B | 1.4B | 1.8B | 1.7B | 1.4B | 1.5B | |
Non Current Assets Total | 21.1B | 20.2B | 20.8B | 20.1B | 19.9B | 15.8B | |
Non Currrent Assets Other | 20.5B | 19.6B | 20.2B | 19.3B | 19.2B | 20.1B | |
Common Stock Shares Outstanding | 386.3M | 385.9M | 388.1M | 389.5M | 390.9M | 314.1M | |
Liabilities And Stockholders Equity | 21.2B | 20.3B | 21.2B | 20.2B | 20.0B | 16.2B | |
Non Current Liabilities Total | 8.8B | 8.4B | 8.8B | 8.0B | 7.6B | 7.9B | |
Other Stockholder Equity | 9.0B | 9.1B | 9.1B | 9.5B | 9.6B | 6.3B | |
Total Liab | 10.2B | 9.2B | 9.5B | 8.5B | 8.5B | 8.4B | |
Other Current Liab | 285.2M | 298.2M | 303.0M | 310.9M | (176.6M) | (185.5M) | |
Total Current Liabilities | 1.4B | 820.4M | 725.1M | 536.9M | 838.5M | 1.3B | |
Accounts Payable | 94.4M | 107.4M | 107.0M | 96.0M | 104.4M | 116.1M | |
Cash | 45.8M | 42.6M | 123.8M | 53.9M | 50.7M | 48.2M | |
Other Assets | 330.6M | 20.2B | 19.9B | 18.9B | 21.7B | 22.8B | |
Cash And Short Term Investments | 45.8M | 42.6M | 123.8M | 53.9M | 50.7M | 48.2M | |
Common Stock Total Equity | 3.7M | 3.7M | 3.8M | 3.8M | 4.4M | 3.1M | |
Total Current Assets | 117.0M | 99.7M | 360.2M | 137.2M | 140.0M | 133.0M | |
Accumulated Other Comprehensive Income | (77.6M) | (43.7M) | (34.3M) | (2.5M) | 5.7M | 6.0M | |
Common Stock | 3.7M | 3.7M | 3.8M | 3.8M | 3.8M | 3.1M | |
Short Term Debt | 1.0B | 414.8M | 315.0M | 130.0M | 910.7M | 989.6M | |
Other Liab | 417.0M | 405.5M | 419.2M | 375.9M | 432.3M | 529.8M | |
Long Term Debt | 8.0B | 7.6B | 8.0B | 7.4B | 7.0B | 8.3B | |
Other Current Assets | (77.2M) | (83.9M) | (150.0M) | (62.6M) | (65.6M) | (62.3M) | |
Property Plant Equipment | 20.3B | 19.3B | 20.3B | 19.5B | 22.5B | 15.7B | |
Noncontrolling Interest In Consolidated Entity | 229.0M | 237.8M | 232.3M | 209.2M | 188.3M | 178.9M | |
Retained Earnings Total Equity | 1.4B | 1.4B | 1.8B | 1.7B | 1.5B | 1.3B | |
Net Tangible Assets | 10.7B | 10.8B | 10.9B | 11.5B | 13.2B | 10.8B | |
Warrants | 463.4M | 339.0M | 499.0M | 318.3M | 286.4M | 334.7M | |
Long Term Debt Total | 8.0B | 7.6B | 8.3B | 7.4B | 8.5B | 9.1B | |
Capital Surpluse | 9.0B | 9.1B | 9.1B | 9.5B | 10.9B | 9.2B |
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Try AI Portfolio ArchitectCheck 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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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 0.379 | Dividend Share 2.663 | Earnings Share 2.34 | Revenue Per Share 7.653 | Quarterly Revenue Growth 0.036 |
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.