Equinix Financials

EQIX Stock  USD 936.37  12.77  1.38%   
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 December. 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 Ratio0.861.0995
Significantly Down
Slightly volatile
Current Ratio1.071.1282
Notably Down
Slightly volatile
Investors should never underestimate Equinix's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Equinix's cash flow, debt, and profitability to make informed and accurate decisions about investing in Equinix.

Net Income

1.02 Billion

  
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.

Equinix Earnings Geography

Please note, 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. Check Equinix's Beneish M Score to see the likelihood of Equinix's management manipulating its earnings.

Equinix Stock Summary

Equinix competes with Crown Castle, American Tower, Iron Mountain, Hannon Armstrong, and SBA Communications. 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
ISINUS29444U7000
CUSIP29444U700 29444U502 29444U106
LocationCalifornia; U.S.A
Business AddressOne Lagoon Drive,
SectorSpecialized REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.equinix.com
Phone650 598 6000
CurrencyUSD - US Dollar

Equinix Key Financial Ratios

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 Assets303.5M355.0M462.7M459.1M468.2M491.6M
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.
201920202021202220232024 (projected)
Interest Expense479.7M406.5M336.1M356.3M402.0M218.3M
Total Revenue5.6B6.0B6.6B7.3B8.2B8.6B
Gross Profit2.8B2.9B3.2B3.5B4.0B4.2B
Operating Income1.2B1.1B1.1B1.2B1.4B1.5B
Ebit(2.8B)(3.7B)(4.0B)(4.2B)168.2M176.6M
Ebitda2.5B2.3B2.6B2.9B2.0B1.0B
Cost Of Revenue2.8B3.1B3.5B3.8B4.2B4.4B
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
Research Development0.070.090.120.110.140.15
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 Paid836.2M947.9M1.0B1.2B1.4B1.4B
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 rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Equinix is roughly  3.23 . At this time, Equinix's Return On Equity is fairly stable compared to the past year. 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's Earnings Breakdown by Geography

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.

Equinix Thematic Clasifications

Equinix is part of several thematic ideas from Investing to Real Estate. 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 November 25, 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.

Additional Tools for Equinix Stock Analysis

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.