Elme Total Assets from 2010 to 2024

ELME Stock  USD 16.40  0.24  1.49%   
Elme Communities' Total Assets are increasing over the years with stable fluctuation. Total Assets are expected to dwindle to about 1.3 B. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
1985-12-31
Previous Quarter
1.9 B
Current Value
1.9 B
Quarterly Volatility
891.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elme Communities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elme Communities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.9 M, Total Revenue of 188.9 M or Gross Profit of 143.3 M, as well as many indicators such as Price To Sales Ratio of 8.47, Dividend Yield of 0.0573 or PTB Ratio of 1.05. Elme financial statements analysis is a perfect complement when working with Elme Communities Valuation or Volatility modules.
  
Check out the analysis of Elme Communities Correlation against competitors.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.

Latest Elme Communities' Total Assets Growth Pattern

Below is the plot of the Total Assets of Elme Communities over the last few years. Total assets refers to the total amount of Elme Communities 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 Elme Communities 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. It is 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. Elme Communities' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elme Communities' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.9 B10 Years Trend
Pretty Stable
   Total Assets   
       Timeline  

Elme Total Assets Regression Statistics

Arithmetic Mean1,975,831,766
Geometric Mean1,680,429,259
Coefficient Of Variation30.83
Mean Deviation378,109,081
Median2,120,758,000
Standard Deviation609,116,078
Sample Variance371022.4T
Range2.5B
R-Value0.20
Mean Square Error383840T
R-Squared0.04
Significance0.48
Slope27,018,116
Total Sum of Squares5194313.5T

Elme Total Assets History

20241.3 B
20231.9 B
20221.9 B
20211.9 B
20202.4 B
20192.6 B
20182.4 B

Other Fundumenentals of Elme Communities

Elme Communities Total Assets component correlations

0.790.8-0.390.85-0.670.560.060.64-0.860.870.710.030.190.120.31-0.09-0.210.220.22-0.2-0.2-0.2
0.790.27-0.370.35-0.730.25-0.040.13-0.720.70.370.47-0.31-0.38-0.09-0.550.20.44-0.08-0.030.00.09
0.80.27-0.250.99-0.330.530.070.86-0.640.660.74-0.380.610.530.580.39-0.5-0.180.43-0.25-0.27-0.33
-0.39-0.37-0.25-0.270.810.0-0.2-0.150.72-0.72-0.23-0.290.520.450.60.07-0.510.380.47-0.56-0.58-0.61
0.850.350.99-0.27-0.390.640.130.86-0.70.720.77-0.360.570.50.550.34-0.49-0.050.4-0.28-0.31-0.38
-0.67-0.73-0.330.81-0.39-0.14-0.14-0.120.92-0.91-0.37-0.50.510.560.460.45-0.53-0.030.45-0.34-0.36-0.4
0.560.250.530.00.64-0.140.390.6-0.420.440.58-0.40.460.50.490.26-0.550.470.41-0.5-0.54-0.63
0.06-0.040.07-0.20.13-0.140.390.03-0.20.210.01-0.2-0.050.06-0.070.1-0.080.060.04-0.15-0.14-0.08
0.640.130.86-0.150.86-0.120.60.03-0.480.50.81-0.480.630.710.570.5-0.56-0.090.65-0.31-0.34-0.42
-0.86-0.72-0.640.72-0.70.92-0.42-0.2-0.48-1.0-0.61-0.210.170.190.140.2-0.18-0.050.12-0.1-0.11-0.12
0.870.70.66-0.720.72-0.910.440.210.5-1.00.620.18-0.14-0.16-0.11-0.170.160.04-0.10.090.090.11
0.710.370.74-0.230.77-0.370.580.010.81-0.610.620.00.390.350.390.03-0.190.070.43-0.12-0.15-0.26
0.030.47-0.38-0.29-0.36-0.5-0.4-0.2-0.48-0.210.180.0-0.73-0.81-0.58-0.80.830.11-0.480.640.650.66
0.19-0.310.610.520.570.510.46-0.050.630.17-0.140.39-0.730.910.950.62-0.88-0.040.69-0.59-0.63-0.74
0.12-0.380.530.450.50.560.50.060.710.19-0.160.35-0.810.910.840.77-0.91-0.060.84-0.56-0.59-0.67
0.31-0.090.580.60.550.460.49-0.070.570.14-0.110.39-0.580.950.840.45-0.890.140.75-0.64-0.68-0.75
-0.09-0.550.390.070.340.450.260.10.50.2-0.170.03-0.80.620.770.45-0.7-0.460.45-0.1-0.14-0.23
-0.210.2-0.5-0.51-0.49-0.53-0.55-0.08-0.56-0.180.16-0.190.83-0.88-0.91-0.89-0.7-0.13-0.740.690.720.76
0.220.44-0.180.38-0.05-0.030.470.06-0.09-0.050.040.070.11-0.04-0.060.14-0.46-0.130.09-0.55-0.55-0.55
0.22-0.080.430.470.40.450.410.040.650.12-0.10.43-0.480.690.840.750.45-0.740.09-0.51-0.52-0.5
-0.2-0.03-0.25-0.56-0.28-0.34-0.5-0.15-0.31-0.10.09-0.120.64-0.59-0.56-0.64-0.10.69-0.55-0.511.00.92
-0.20.0-0.27-0.58-0.31-0.36-0.54-0.14-0.34-0.110.09-0.150.65-0.63-0.59-0.68-0.140.72-0.55-0.521.00.95
-0.20.09-0.33-0.61-0.38-0.4-0.63-0.08-0.42-0.120.11-0.260.66-0.74-0.67-0.75-0.230.76-0.55-0.50.920.95
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About Elme Communities Financial Statements

Elme Communities stakeholders use historical fundamental indicators, such as Elme Communities' Total Assets, to determine how well the company is positioned to perform in the future. Although Elme Communities investors may analyze each financial statement separately, they are all interrelated. For example, changes in Elme Communities' assets and liabilities are reflected in the revenues and expenses on Elme Communities' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Elme Communities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets1.9 B1.3 B
Intangibles To Total Assets 0.02  0.02 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Elme Communities is a strong investment it is important to analyze Elme Communities' 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 Elme Communities' future performance. For an informed investment choice regarding Elme Stock, refer to the following important reports:
Check out the analysis of Elme Communities Correlation against competitors.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Multi-Family Residential REITs space 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 Elme Communities. If investors know Elme 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 Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.72
Earnings Share
(0.16)
Revenue Per Share
2.726
Quarterly Revenue Growth
0.078
Return On Assets
0.0078
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' 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 Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' 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 Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' 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.