Equity Other Assets vs Total Current Assets Analysis

EQR Stock  USD 65.03  1.13  1.77%   
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 Other Assets 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.

Other Assets vs Total Current Assets

Other Assets 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 Other Assets account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Equity Residential's Other Assets and Total Current Assets is -0.21. Overlapping area represents the amount of variation of Other Assets 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 Other Assets 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 Other Assets 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 Other Assets i.e., Equity Residential's Other Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

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 06/01/2024, 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 Expense272.5M282.9M266.7M446.5M
Depreciation And Amortization838.3M882.2M901.5M617.3M

Equity Residential fundamental ratios Correlations

0.930.940.940.870.990.790.970.920.940.94-0.190.530.480.45-0.270.09-0.270.650.94-0.250.170.970.080.510.6
0.930.761.00.750.910.60.841.00.751.00.060.570.40.35-0.07-0.11-0.070.730.810.010.30.86-0.010.680.51
0.940.760.780.870.950.860.960.741.00.78-0.390.430.50.49-0.430.27-0.430.490.95-0.450.030.960.160.30.61
0.941.00.780.780.920.630.850.990.771.00.030.560.420.4-0.13-0.1-0.130.720.82-0.050.280.860.010.680.56
0.870.750.870.780.860.880.80.740.830.76-0.450.330.50.72-0.530.24-0.530.350.77-0.550.180.80.130.510.84
0.990.910.950.920.860.80.970.890.950.92-0.20.520.480.43-0.30.11-0.30.640.95-0.270.070.970.090.520.6
0.790.60.860.630.880.80.790.580.850.62-0.730.250.610.63-0.50.24-0.50.350.77-0.60.00.790.290.240.75
0.970.840.960.850.80.970.790.820.970.86-0.230.450.520.37-0.270.24-0.270.580.98-0.260.071.00.170.350.49
0.921.00.740.990.740.890.580.820.720.990.090.580.320.34-0.02-0.12-0.020.720.790.050.310.84-0.090.690.49
0.940.751.00.770.830.950.850.970.720.77-0.380.420.510.44-0.40.28-0.40.50.97-0.420.00.970.190.260.56
0.941.00.781.00.760.920.620.860.990.770.040.580.40.36-0.07-0.1-0.070.730.82-0.010.290.87-0.010.670.52
-0.190.06-0.390.03-0.45-0.2-0.73-0.230.09-0.380.040.07-0.36-0.520.47-0.220.470.1-0.220.680.07-0.21-0.280.27-0.52
0.530.570.430.560.330.520.250.450.580.420.580.07-0.150.040.19-0.420.190.720.340.180.240.45-0.560.20.18
0.480.40.50.420.50.480.610.520.320.510.4-0.36-0.150.36-0.490.35-0.490.140.51-0.47-0.030.510.860.160.45
0.450.350.490.40.720.430.630.370.340.440.36-0.520.040.36-0.740.03-0.740.150.32-0.750.320.340.140.210.91
-0.27-0.07-0.43-0.13-0.53-0.3-0.5-0.27-0.02-0.4-0.070.470.19-0.49-0.74-0.271.00.11-0.250.960.22-0.24-0.43-0.08-0.78
0.09-0.110.27-0.10.240.110.240.24-0.120.28-0.1-0.22-0.420.350.03-0.27-0.27-0.360.29-0.31-0.210.240.41-0.14-0.03
-0.27-0.07-0.43-0.13-0.53-0.3-0.5-0.27-0.02-0.4-0.070.470.19-0.49-0.741.0-0.270.11-0.250.960.22-0.24-0.43-0.08-0.78
0.650.730.490.720.350.640.350.580.720.50.730.10.720.140.150.11-0.360.110.510.150.210.58-0.20.360.26
0.940.810.950.820.770.950.770.980.790.970.82-0.220.340.510.32-0.250.29-0.250.51-0.240.040.990.220.350.44
-0.250.01-0.45-0.05-0.55-0.27-0.6-0.260.05-0.42-0.010.680.18-0.47-0.750.96-0.310.960.15-0.240.22-0.23-0.410.05-0.77
0.170.30.030.280.180.070.00.070.310.00.290.070.24-0.030.320.22-0.210.220.210.040.220.06-0.16-0.030.11
0.970.860.960.860.80.970.791.00.840.970.87-0.210.450.510.34-0.240.24-0.240.580.99-0.230.060.160.380.47
0.08-0.010.160.010.130.090.290.17-0.090.19-0.01-0.28-0.560.860.14-0.430.41-0.43-0.20.22-0.41-0.160.16-0.060.16
0.510.680.30.680.510.520.240.350.690.260.670.270.20.160.21-0.08-0.14-0.080.360.350.05-0.030.38-0.060.44
0.60.510.610.560.840.60.750.490.490.560.52-0.520.180.450.91-0.78-0.03-0.780.260.44-0.770.110.470.160.44
Click cells to compare fundamentals

Equity Residential Account Relationship Matchups

Equity Residential fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.2B20.3B21.2B20.2B20.0B16.2B
Short Long Term Debt Total9.4B8.4B8.7B7.7B7.7B7.8B
Total Stockholder Equity10.3B10.5B11.0B11.2B11.1B7.2B
Net Debt9.3B8.3B8.5B7.7B7.7B7.7B
Retained Earnings1.4B1.4B1.8B1.7B1.4B1.5B
Non Current Assets Total21.1B20.2B20.8B20.1B19.9B15.8B
Non Currrent Assets Other20.5B19.6B20.2B19.3B19.2B20.1B
Common Stock Shares Outstanding386.3M385.9M388.1M389.5M390.9M314.1M
Liabilities And Stockholders Equity21.2B20.3B21.2B20.2B20.0B16.2B
Non Current Liabilities Total8.8B8.4B8.8B8.0B7.6B7.9B
Other Stockholder Equity9.0B9.1B9.1B9.5B9.6B6.3B
Total Liab10.2B9.2B9.5B8.5B8.5B8.4B
Other Current Liab285.2M298.2M303.0M310.9M(176.6M)(185.5M)
Total Current Liabilities1.4B820.4M725.1M536.9M838.5M1.3B
Accounts Payable94.4M107.4M107.0M96.0M104.4M116.1M
Cash45.8M42.6M123.8M53.9M50.7M48.2M
Other Assets330.6M20.2B19.9B18.9B21.7B22.8B
Cash And Short Term Investments45.8M42.6M123.8M53.9M50.7M48.2M
Common Stock Total Equity3.7M3.7M3.8M3.8M4.4M3.1M
Total Current Assets117.0M99.7M360.2M137.2M140.0M133.0M
Accumulated Other Comprehensive Income(77.6M)(43.7M)(34.3M)(2.5M)5.7M6.0M
Common Stock3.7M3.7M3.8M3.8M3.8M3.1M
Short Term Debt1.0B414.8M315.0M130.0M910.7M989.6M
Other Liab417.0M405.5M419.2M375.9M432.3M529.8M
Long Term Debt8.0B7.6B8.0B7.4B7.0B8.3B
Other Current Assets(77.2M)(83.9M)(150.0M)(62.6M)(65.6M)(62.3M)
Property Plant Equipment20.3B19.3B20.3B19.5B22.5B15.7B
Noncontrolling Interest In Consolidated Entity229.0M237.8M232.3M209.2M188.3M178.9M
Retained Earnings Total Equity1.4B1.4B1.8B1.7B1.5B1.3B
Net Tangible Assets10.7B10.8B10.9B11.5B13.2B10.8B
Warrants463.4M339.0M499.0M318.3M286.4M334.7M
Long Term Debt Total8.0B7.6B8.3B7.4B8.5B9.1B
Capital Surpluse9.0B9.1B9.1B9.5B10.9B9.2B

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When determining whether Equity Residential is a strong investment it is important to analyze Equity Residential'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 Equity Residential's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:
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.
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 Equity Residential's price analysis, check to measure Equity Residential'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 Equity Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to predict the probability of Equity Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Residential's price. Additionally, you may evaluate how the addition of Equity Residential to your portfolios can decrease your overall portfolio volatility.
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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.