Equitable Free Cash Flow Per Share vs Net Income Per Share Analysis

EQB Stock  CAD 106.00  1.16  1.08%   
Equitable financial indicator trend analysis is much more than just examining Equitable Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equitable Group is a good investment. Please check the relationship between Equitable Free Cash Flow Per Share and its Net Income Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equitable Group. 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.

Free Cash Flow Per Share vs Net Income Per Share

Free Cash Flow Per Share vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equitable Group Free Cash Flow Per Share account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equitable's Free Cash Flow Per Share and Net Income Per Share is 0.59. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Equitable Group, assuming nothing else is changed. The correlation between historical values of Equitable's Free Cash Flow Per Share and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Equitable Group are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Equitable's Free Cash Flow Per Share and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Net Income Per Share

Most indicators from Equitable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equitable Group 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 Equitable Group. 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.
At this time, Equitable's Selling General Administrative is very stable compared to the past year. As of the 19th of February 2025, Tax Provision is likely to grow to about 184.3 M, while Sales General And Administrative To Revenue is likely to drop 0.15.
 2022 2024 2025 (projected)
Interest Expense536.4M2.4B2.5B
Depreciation And Amortization47.0M54.0M56.7M

Equitable fundamental ratios Correlations

0.990.991.00.990.01.0-0.450.010.720.80.840.681.00.890.980.830.820.380.590.850.840.960.870.940.98
0.990.971.00.970.050.99-0.320.080.780.810.770.680.990.90.950.740.730.280.520.780.790.910.80.920.98
0.990.970.991.00.030.99-0.52-0.040.690.790.880.660.990.870.980.870.860.440.620.880.890.970.910.930.98
1.01.00.990.980.011.0-0.410.040.740.80.820.691.00.890.970.80.790.340.560.830.820.940.850.940.98
0.990.971.00.980.050.98-0.52-0.040.690.790.890.640.990.860.960.860.850.430.610.890.890.960.90.920.98
0.00.050.030.010.050.030.290.130.140.03-0.12-0.180.00.05-0.05-0.19-0.2-0.26-0.07-0.160.25-0.09-0.16-0.080.04
1.00.990.991.00.980.03-0.410.020.760.810.820.671.00.890.970.80.780.360.590.820.830.940.850.930.99
-0.45-0.32-0.52-0.41-0.520.29-0.410.61-0.05-0.36-0.83-0.31-0.44-0.14-0.51-0.86-0.87-0.85-0.65-0.82-0.69-0.61-0.82-0.41-0.39
0.010.08-0.040.04-0.040.130.020.61-0.07-0.26-0.38-0.190.010.41-0.06-0.33-0.35-0.67-0.57-0.26-0.21-0.11-0.290.150.11
0.720.780.690.740.690.140.76-0.05-0.070.90.50.60.720.580.640.380.360.080.420.450.460.610.450.530.74
0.80.810.790.80.790.030.81-0.36-0.260.90.70.770.80.580.770.630.620.310.530.660.640.730.670.660.76
0.840.770.880.820.89-0.120.82-0.83-0.380.50.70.560.840.580.850.970.970.70.730.970.890.910.980.750.81
0.680.680.660.690.64-0.180.67-0.31-0.190.60.770.560.690.490.690.560.550.170.220.560.470.60.570.660.57
1.00.990.991.00.990.01.0-0.440.010.720.80.840.690.890.980.830.810.370.580.850.840.950.870.940.98
0.890.90.870.890.860.050.89-0.140.410.580.580.580.490.890.870.610.590.160.390.610.670.840.660.930.92
0.980.950.980.970.96-0.050.97-0.51-0.060.640.770.850.690.980.870.870.860.470.630.870.860.970.90.960.95
0.830.740.870.80.86-0.190.8-0.86-0.330.380.630.970.560.830.610.871.00.740.720.970.890.920.990.810.78
0.820.730.860.790.85-0.20.78-0.87-0.350.360.620.970.550.810.590.861.00.760.720.970.890.910.990.790.76
0.380.280.440.340.43-0.260.36-0.85-0.670.080.310.70.170.370.160.470.740.760.880.640.580.580.710.360.34
0.590.520.620.560.61-0.070.59-0.65-0.570.420.530.730.220.580.390.630.720.720.880.640.660.710.730.50.57
0.850.780.880.830.89-0.160.82-0.82-0.260.450.660.970.560.850.610.870.970.970.640.640.890.90.980.780.82
0.840.790.890.820.890.250.83-0.69-0.210.460.640.890.470.840.670.860.890.890.580.660.890.880.910.790.82
0.960.910.970.940.96-0.090.94-0.61-0.110.610.730.910.60.950.840.970.920.910.580.710.90.880.950.930.94
0.870.80.910.850.9-0.160.85-0.82-0.290.450.670.980.570.870.660.90.990.990.710.730.980.910.950.830.83
0.940.920.930.940.92-0.080.93-0.410.150.530.660.750.660.940.930.960.810.790.360.50.780.790.930.830.91
0.980.980.980.980.980.040.99-0.390.110.740.760.810.570.980.920.950.780.760.340.570.820.820.940.830.91
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Equitable Account Relationship Matchups

Equitable fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets36.2B51.1B52.9B53.2B61.2B64.3B
Short Long Term Debt Total12.8B13.6B19.5B17.4B20.0B21.0B
Total Stockholder Equity2.0B2.5B2.8B3.1B3.6B3.8B
Net Debt12.8B19.0B18.7B18.6B21.4B22.5B
Retained Earnings1.7B1.9B2.2B2.5B2.9B3.0B
Cash773.3M495.1M(1.3B)591.6M680.4M714.4M
Other Assets26.6B28.5B32.6B44.6B51.3B53.9B
Cash And Short Term Investments819.7M1.4B2.3B(1.3B)(1.5B)(1.4B)
Net Receivables570.0M729.1M1.3B12.6M11.3M10.8M
Common Stock Shares Outstanding34.4M35.0M38.0M38.4M44.1M33.5M
Liabilities And Stockholders Equity30.7B36.2B51.1B52.9B60.9B63.9B
Non Current Liabilities Total12.9B13.4B1.4B36.3B41.7B43.8B
Other Stockholder Equity8.1M8.7M11.4M12.8M11.5M9.2M
Total Liab34.2B48.6B50.1B50.1B57.6B60.5B
Total Current Assets1.4B2.2B3.6B2.3B2.6B2.7B
Common Stock218.2M230.2M462.6M471.0M541.7M568.7M
Non Current Assets Total888.9M1.4B2.9B50.7B58.3B61.2B
Non Currrent Assets Other(21.9M)(19.7M)(46.8M)50.3B57.8B60.7B
Accumulated Other Comprehensive Income(39.0M)(7.6M)9.4M(5.2M)(4.6M)(4.9M)
Other Current Liab(180.8M)(238.6M)(267.6M)209.6M188.6M198.0M
Total Current Liabilities68.6M344.1M1.4B13.8B15.9B16.7B
Short Term Debt4.7B200.1M1.2B12.9B14.9B15.6B
Property Plant And Equipment Net21.6M36.2M35.2M118.7M136.5M143.3M
Accounts Payable143.9M207.7M318.0M307.4M353.6M371.2M
Property Plant And Equipment Gross26.0M21.6M36.2M174.7M200.9M210.9M
Short Term Investments262.0M670.3M1.8B1.4B1.7B1.7B
Other Liab82.5M95.9M102.5M133.3M153.3M160.9M
Net Tangible Assets1.3B1.5B1.8B2.2B2.5B1.3B
Long Term Debt12.0B11.4B15.1B18.3B21.0B10.8B
Inventory(1.2B)(1.6B)(1.8B)(1.5B)(1.3B)(1.2B)
Other Current Assets1.6B1.8B1.5B2.3B2.6B2.7B
Long Term Investments774.7M1.2B2.7B2.5B2.9B3.0B
Property Plant Equipment31.3M26.0M21.6M36.2M41.6M21.2M
Intangible Assets71.2M92.6M145.5M198.6M228.4M239.9M
Long Term Debt Total10.7B12.0B11.4B15.1B17.4B11.1B
Capital Surpluse7.0M8.1M8.7M11.4M13.2M8.0M

Other Information on Investing in Equitable Stock

Balance Sheet is a snapshot of the financial position of Equitable Group at a specified time, usually calculated after every quarter, six months, or one year. Equitable Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Equitable and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Equitable currently owns. An asset can also be divided into two categories, current and non-current.