Equity Cost Of Revenue vs Net Income Analysis

ELS Stock  USD 66.61  0.43  0.65%   
Equity Lifestyle financial indicator trend analysis is much more than just examining Equity Lifestyle Pro latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Lifestyle Pro is a good investment. Please check the relationship between Equity Lifestyle Cost Of Revenue and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Lifestyle Pro Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Equity Lifestyle's Cost Of Revenue and Net Income is 0.85. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Equity Lifestyle Properties, assuming nothing else is changed. The correlation between historical values of Equity Lifestyle's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Equity Lifestyle Properties are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Equity Lifestyle's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Equity Lifestyle Pro income statement and represents the costs associated with goods and services Equity Lifestyle provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Equity Lifestyle Pro financial statement analysis. It represents the amount of money remaining after all of Equity Lifestyle Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Equity Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity Lifestyle Pro 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 Lifestyle Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Equity Lifestyle's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 8.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit628.2M700.7M672.5M369.1M
Total Revenue1.3B1.4B1.4B1.5B

Equity Lifestyle fundamental ratios Correlations

0.550.980.990.99-0.461.00.790.08-0.640.72-0.610.970.81.0-0.34-0.010.840.52-0.010.430.860.840.850.960.86
0.550.520.50.55-0.540.540.240.0-0.160.72-0.620.510.620.550.070.190.370.540.450.430.350.610.370.40.69
0.980.520.970.96-0.350.980.810.12-0.640.73-0.590.910.850.96-0.320.020.850.5-0.030.330.90.790.90.930.83
0.990.50.970.99-0.440.990.80.07-0.670.66-0.570.980.740.99-0.37-0.020.820.48-0.090.390.880.820.850.970.82
0.990.550.960.99-0.510.990.760.06-0.660.71-0.620.980.771.0-0.34-0.010.810.51-0.020.480.820.850.810.950.86
-0.46-0.54-0.35-0.44-0.51-0.450.120.120.41-0.70.86-0.58-0.28-0.49-0.13-0.080.03-0.04-0.36-0.770.01-0.820.02-0.29-0.45
1.00.540.980.990.99-0.450.80.09-0.650.71-0.610.970.81.0-0.36-0.030.840.53-0.030.440.860.830.850.960.86
0.790.240.810.80.760.120.80.24-0.480.28-0.080.690.640.78-0.59-0.170.940.54-0.310.010.960.370.950.860.64
0.080.00.120.070.060.120.090.24-0.20.14-0.080.010.130.06-0.39-0.80.140.14-0.15-0.060.220.040.260.060.03
-0.64-0.16-0.64-0.67-0.660.41-0.65-0.48-0.2-0.520.44-0.69-0.45-0.630.580.08-0.33-0.220.6-0.4-0.55-0.65-0.52-0.61-0.46
0.720.720.730.660.71-0.70.710.280.14-0.52-0.910.670.820.7-0.050.070.390.360.320.680.430.870.470.520.77
-0.61-0.62-0.59-0.57-0.620.86-0.61-0.08-0.080.44-0.91-0.63-0.58-0.61-0.030.0-0.19-0.21-0.45-0.74-0.24-0.91-0.26-0.41-0.57
0.970.510.910.980.98-0.580.970.690.01-0.690.67-0.630.670.98-0.32-0.010.710.44-0.060.490.770.880.740.940.79
0.80.620.850.740.77-0.280.80.640.13-0.450.82-0.580.670.78-0.290.030.760.620.140.50.690.640.740.70.92
1.00.550.960.991.0-0.491.00.780.06-0.630.7-0.610.980.78-0.35-0.030.820.520.00.470.830.840.820.960.86
-0.340.07-0.32-0.37-0.34-0.13-0.36-0.59-0.390.58-0.05-0.03-0.32-0.29-0.350.56-0.4-0.380.58-0.23-0.47-0.14-0.47-0.44-0.25
-0.010.190.02-0.02-0.01-0.08-0.03-0.17-0.80.080.070.0-0.010.03-0.030.56-0.06-0.090.11-0.1-0.070.02-0.08-0.090.04
0.840.370.850.820.810.030.840.940.14-0.330.39-0.190.710.760.82-0.4-0.060.6-0.060.10.910.420.920.860.76
0.520.540.50.480.51-0.040.530.540.14-0.220.36-0.210.440.620.52-0.38-0.090.60.030.350.490.290.510.510.61
-0.010.45-0.03-0.09-0.02-0.36-0.03-0.31-0.150.60.32-0.45-0.060.140.00.580.11-0.060.030.26-0.250.19-0.2-0.150.15
0.430.430.330.390.48-0.770.440.01-0.06-0.40.68-0.740.490.50.47-0.23-0.10.10.350.260.010.670.020.310.61
0.860.350.90.880.820.010.860.960.22-0.550.43-0.240.770.690.83-0.47-0.070.910.49-0.250.010.520.990.90.66
0.840.610.790.820.85-0.820.830.370.04-0.650.87-0.910.880.640.84-0.140.020.420.290.190.670.520.510.710.7
0.850.370.90.850.810.020.850.950.26-0.520.47-0.260.740.740.82-0.47-0.080.920.51-0.20.020.990.510.870.68
0.960.40.930.970.95-0.290.960.860.06-0.610.52-0.410.940.70.96-0.44-0.090.860.51-0.150.310.90.710.870.78
0.860.690.830.820.86-0.450.860.640.03-0.460.77-0.570.790.920.86-0.250.040.760.610.150.610.660.70.680.78
Click cells to compare fundamentals

Equity Lifestyle Account Relationship Matchups

Equity Lifestyle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.4B5.3B5.5B5.6B5.9B
Short Long Term Debt Total2.4B2.7B3.6B3.6B3.5B2.0B
Total Stockholder Equity1.2B1.2B1.4B1.4B1.4B1.5B
Property Plant And Equipment Net4.0B4.3B4.9B5.1B5.9B6.2B
Net Debt2.4B2.6B3.2B3.4B3.5B3.7B
Retained Earnings(154.3M)(179.5M)(183.7M)(204.2M)(223.6M)(234.8M)
Non Current Assets Total4.1B4.4B5.1B5.4B5.5B5.8B
Non Currrent Assets Other4.1B4.3B5.0B5.3B5.4B5.7B
Other Assets73.9M4.4B259.2K50.4M6.1M5.8M
Cash And Short Term Investments28.9M24.1M123.4M2.6M4.2M4.0M
Common Stock Shares Outstanding192.0M192.6M192.9M195.3M195.4M157.2M
Liabilities And Stockholders Equity4.2B4.4B5.3B5.5B5.6B5.9B
Non Current Liabilities Total2.4B2.6B2.9B3.2B3.9B4.1B
Other Stockholder Equity1.6B1.4B1.8B1.8B1.6B942.2M
Total Liab2.8B3.1B3.8B4.0B4.1B4.3B
Total Current Assets66.4M59.9M163.4M67.7M79.9M100.7M
Other Current Liab67.6M(305.4M)80.1M91.8M61.2M40.8M
Total Current Liabilities443.5M518.6M896.5M785.1M627.5M658.9M
Accounts Payable124.7M129.7M172.3M175.1M151.6M76.2M
Cash28.9M24.1M123.4M2.6M4.2M4.0M
Net Receivables37.6M35.8M40.0M45.4M49.9M26.3M
Common Stock Total Equity1.8M1.8M1.9M1.9M2.2M2.3M
Accumulated Other Comprehensive Income(380K)(179.5M)3.5M19.1M6.1M6.4M
Common Stock1.8M1.8M1.9M1.9M1.9M2.0M
Other Liab228.6M243.3M295.1M320.1M368.1M386.5M
Long Term Debt2.2B2.4B3.3B3.4B3.5B2.2B
Other Current Assets(66.4M)(59.9M)(163.4M)19.7M25.7M27.0M
Current Deferred Revenue91.2M92.6M295.1M320.1M344.8M362.0M
Short Term Debt160M222M349M198M70.0M66.5M
Net Tangible Assets1.2B1.2B1.4B1.4B1.7B1.1B
Noncontrolling Interest In Consolidated Entity72.1M71.1M71.1M72.1M64.9M98.6M
Retained Earnings Total Equity(154.3M)(179.5M)(183.7M)(204.2M)(183.8M)(174.6M)
Long Term Debt Total2.2B2.4B3.3B3.4B3.9B2.6B
Capital Surpluse1.4B1.4B1.6B1.6B1.9B1.3B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Equity Stock Analysis

When running Equity Lifestyle's price analysis, check to measure Equity Lifestyle'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 Lifestyle is operating at the current time. Most of Equity Lifestyle's value examination focuses on studying past and present price action to predict the probability of Equity Lifestyle'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 Lifestyle's price. Additionally, you may evaluate how the addition of Equity Lifestyle to your portfolios can decrease your overall portfolio volatility.