0IIB Stock | | | 77.81 1.15 1.50% |
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 Total Revenue and its Depreciation And Amortization accounts. Check out
Trending Equities 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 closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Equity Stock please use our
How to Invest in Equity Residential guide.
Total Revenue vs Depreciation And Amortization
Total Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Equity Residential Total Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equity Residential's Total Revenue and Depreciation And Amortization is 0.55. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Depreciation And Amortization 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 Total Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Equity Residential are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Revenue i.e., Equity Residential's Total Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Equity Residential generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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
Trending Equities 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 closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Equity Stock please use our
How to Invest in Equity Residential guide.
Selling General Administrative is likely to gain to about 61
M in 2024.
Tax Provision is likely to gain to about 1.1
M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 645.4M | 856.0M | 1.8B | 933.9M | Total Revenue | 2.4B | 2.7B | 2.9B | 2.8B |
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
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Additional Tools for Equity Stock Analysis
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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.