Equinix Retained Earnings vs Short Term Investments Analysis

EQIX Stock  USD 936.37  12.77  1.38%   
Equinix financial indicator trend analysis is much more than just examining Equinix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equinix is a good investment. Please check the relationship between Equinix Retained Earnings and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinix Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Equinix's Retained Earnings and Short Term Investments is 0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Equinix, assuming nothing else is changed. The correlation between historical values of Equinix's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Equinix are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Equinix's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Equinix balance sheet. It contains any investments Equinix undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Equinix can easily liquidate in the marketplace.
Most indicators from Equinix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equinix 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 Equinix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.At this time, Equinix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 47.37 in 2024, whereas Discontinued Operations is likely to drop slightly above 9.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.2B3.5B4.0B4.2B
Total Revenue6.6B7.3B8.2B8.6B

Equinix fundamental ratios Correlations

1.00.70.911.00.991.0-0.980.60.81.00.940.750.950.76-0.471.00.940.981.01.00.860.660.810.990.96
1.00.690.910.990.991.0-0.980.610.820.990.940.770.950.76-0.471.00.940.981.00.990.880.670.820.990.95
0.70.690.840.70.720.68-0.71-0.120.60.690.660.590.870.31-0.330.660.590.720.70.730.640.760.370.720.7
0.910.910.840.890.90.89-0.90.330.870.890.840.850.940.61-0.450.890.860.890.920.910.90.90.670.90.87
1.00.990.70.890.990.99-0.970.590.771.00.940.710.940.74-0.460.990.930.990.991.00.840.630.80.990.95
0.990.990.720.90.990.99-0.980.560.780.990.940.730.950.75-0.430.990.940.990.991.00.860.650.81.00.95
1.01.00.680.890.990.99-0.970.610.761.00.940.710.950.77-0.451.00.930.981.00.990.840.630.820.990.95
-0.98-0.98-0.71-0.9-0.97-0.98-0.97-0.55-0.83-0.97-0.92-0.77-0.95-0.740.52-0.98-0.92-0.97-0.98-0.98-0.89-0.65-0.8-0.98-0.96
0.60.61-0.120.330.590.560.61-0.550.470.60.520.390.350.7-0.370.640.590.540.60.560.490.060.710.560.57
0.80.820.60.870.770.780.76-0.830.470.770.690.970.770.59-0.520.80.80.780.820.790.970.790.650.780.78
1.00.990.690.891.00.991.0-0.970.60.770.940.710.950.76-0.471.00.930.981.00.990.830.630.810.990.96
0.940.940.660.840.940.940.94-0.920.520.690.940.660.90.63-0.350.930.920.950.930.950.780.610.690.940.84
0.750.770.590.850.710.730.71-0.770.390.970.710.660.720.56-0.30.740.790.740.770.750.970.80.610.730.71
0.950.950.870.940.940.950.95-0.950.350.770.950.90.720.64-0.460.940.850.930.950.950.830.740.70.950.92
0.760.760.310.610.740.750.77-0.740.70.590.760.630.560.64-0.30.780.660.690.770.730.660.340.990.750.79
-0.47-0.47-0.33-0.45-0.46-0.43-0.450.52-0.37-0.52-0.47-0.35-0.3-0.46-0.3-0.47-0.32-0.42-0.47-0.43-0.4-0.36-0.35-0.43-0.55
1.01.00.660.890.990.991.0-0.980.640.81.00.930.740.940.78-0.470.930.971.00.990.860.620.840.990.96
0.940.940.590.860.930.940.93-0.920.590.80.930.920.790.850.66-0.320.930.940.940.940.880.680.710.940.84
0.980.980.720.890.990.990.98-0.970.540.780.980.950.740.930.69-0.420.970.940.980.990.850.650.750.990.92
1.01.00.70.920.990.991.0-0.980.60.821.00.930.770.950.77-0.471.00.940.980.990.880.670.820.990.96
1.00.990.730.911.01.00.99-0.980.560.790.990.950.750.950.73-0.430.990.940.990.990.860.660.791.00.94
0.860.880.640.90.840.860.84-0.890.490.970.830.780.970.830.66-0.40.860.880.850.880.860.790.720.860.83
0.660.670.760.90.630.650.63-0.650.060.790.630.610.80.740.34-0.360.620.680.650.670.660.790.40.650.61
0.810.820.370.670.80.80.82-0.80.710.650.810.690.610.70.99-0.350.840.710.750.820.790.720.40.80.84
0.990.990.720.90.991.00.99-0.980.560.780.990.940.730.950.75-0.430.990.940.990.991.00.860.650.80.95
0.960.950.70.870.950.950.95-0.960.570.780.960.840.710.920.79-0.550.960.840.920.960.940.830.610.840.95
Click cells to compare fundamentals

Equinix Account Relationship Matchups

Equinix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.0B27.0B27.9B30.3B32.7B34.3B
Short Long Term Debt Total13.3B13.9B15.0B16.5B17.5B18.3B
Other Current Liab362.6M537.2M275.7M384.7M1.6B1.7B
Total Current Liabilities2.2B2.1B1.6B1.8B3.2B3.3B
Total Stockholder Equity8.8B10.6B10.9B11.5B12.5B13.1B
Property Plant And Equipment Net12.2B14.5B16.7B16.6B18.6B19.5B
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
Non Current Assets Total21.1B24.4B25.0B27.0B29.1B30.5B
Non Currrent Assets Other485.2M546.6M621.2M983.4M847.7M890.1M
Cash And Short Term Investments1.9B1.6B1.5B1.9B2.1B2.2B
Net Receivables689.1M676.7M681.8M855.4M1.3B1.3B
Common Stock Shares Outstanding84.7M88.4M90.4M91.8M94.0M52.1M
Short Term Investments10.4M4.5M117.4M105.7M44.0M41.8M
Liabilities And Stockholders Equity24.0B27.0B27.9B30.3B32.7B34.3B
Non Current Liabilities Total13.0B14.3B15.4B17.0B17.0B17.8B
Other Current Assets303.5M355.0M462.7M459.1M468.2M491.6M
Other Stockholder Equity12.6B14.9B15.9B17.2B18.5B19.5B
Total Liab15.1B16.4B17.0B18.8B20.1B21.1B
Property Plant And Equipment Gross13.6B16.0B16.7B18.1B20.0B21.1B
Total Current Assets2.9B2.6B3.0B3.3B3.6B3.7B
Accumulated Other Comprehensive Income(934.6M)(913.4M)(1.1B)(1.4B)(1.6B)(1.5B)
Short Term Debt941.7M524.4M325.0M300.8M1.3B1.3B
Common Stock86K89K91K93K95K60.7K
Property Plant Equipment12.2B14.5B16.7B16.6B18.6B19.5B
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
Common Stock Total Equity86K89K91K93K95K62.7K
Current Deferred Revenue92.9M118.4M126.1M148.0M124.9M88.3M
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
Retained Earnings Total Equity(2.8B)(3.4B)(3.9B)(4.4B)(3.9B)(3.7B)
Long Term Debt Total9.6B10.3B11.6B12.8B14.7B7.9B
Capital Surpluse12.7B15.0B16.0B17.3B19.9B20.9B

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