Equity Net Debt vs Total Revenue Analysis

EQR Stock

USD 75.79 0.74 0.99%

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 Net Debt and its Total Revenue accounts. Check out Investing Opportunities 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 producer price index.

To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Residential Net Debt account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Equity Residential's Net Debt and Total Revenue is 0.85. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Revenue 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 Net Debt and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Equity Residential are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Debt i.e., Equity Residential's Net Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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 Investing Opportunities 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 producer price index.

To learn how to invest in Equity Stock, please use our How to Invest in Equity Residential guide.At this time, Equity Residential's Tax Provision is relatively stable compared to the past year. As of 11/23/2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Discontinued Operations is likely to drop slightly above 442.9 K.

	2021	2022	2023	2024 (projected)
Interest Expense	272.5M	282.9M	266.7M	446.5M
Depreciation And Amortization	1.8B	1.9B	901.5M	720.6M

Interest Expense Depreciation And Amortization

Equity Residential fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Term Debt	Other Liab	Long Term Debt
Total Assets		0.93	0.94	0.94	0.87	0.68	0.65	0.97	0.92	0.94	0.94	-0.19	0.53	0.48	0.45	-0.27	0.1	-0.27	0.65	0.94	-0.25	0.17	0.97	0.08	0.51	0.6
Short Long Term Debt Total	0.93		0.76	1.0	0.75	0.68	0.55	0.84	1.0	0.75	1.0	0.06	0.57	0.39	0.35	-0.07	-0.1	-0.07	0.73	0.81	0.01	0.3	0.86	-0.02	0.68	0.51
Total Stockholder Equity	0.94	0.76		0.78	0.87	0.59	0.65	0.96	0.74	1.0	0.78	-0.39	0.43	0.5	0.49	-0.43	0.28	-0.43	0.49	0.95	-0.45	0.03	0.96	0.16	0.3	0.61
Net Debt	0.94	1.0	0.78		0.78	0.68	0.56	0.85	0.99	0.77	1.0	0.03	0.56	0.42	0.4	-0.13	-0.09	-0.13	0.72	0.82	-0.05	0.28	0.86	0.01	0.68	0.56
Retained Earnings	0.87	0.75	0.87	0.78		0.52	0.62	0.8	0.74	0.83	0.76	-0.45	0.33	0.5	0.72	-0.53	0.25	-0.53	0.35	0.77	-0.55	0.18	0.8	0.13	0.51	0.84
Non Current Assets Total	0.68	0.68	0.59	0.68	0.52		0.9	0.59	0.68	0.57	0.69	-0.04	0.96	0.01	0.26	-0.06	-0.33	-0.06	0.76	0.48	-0.05	0.17	0.58	-0.44	0.31	0.42
Non Currrent Assets Other	0.65	0.55	0.65	0.56	0.62	0.9		0.58	0.54	0.63	0.56	-0.46	0.82	0.12	0.45	-0.24	-0.24	-0.24	0.63	0.47	-0.33	0.13	0.57	-0.3	0.14	0.59
Common Stock Shares Outstanding	0.97	0.84	0.96	0.85	0.8	0.59	0.58		0.82	0.97	0.86	-0.23	0.45	0.53	0.37	-0.27	0.25	-0.27	0.58	0.98	-0.26	0.07	1.0	0.17	0.35	0.49
Non Current Liabilities Total	0.92	1.0	0.74	0.99	0.74	0.68	0.54	0.82		0.72	0.99	0.09	0.58	0.32	0.34	-0.02	-0.11	-0.02	0.72	0.79	0.05	0.31	0.84	-0.09	0.69	0.49
Other Stockholder Equity	0.94	0.75	1.0	0.77	0.83	0.57	0.63	0.97	0.72		0.77	-0.38	0.42	0.51	0.44	-0.4	0.29	-0.4	0.5	0.97	-0.42	0.0	0.97	0.19	0.26	0.56
Total Liab	0.94	1.0	0.78	1.0	0.76	0.69	0.56	0.86	0.99	0.77		0.04	0.58	0.4	0.36	-0.07	-0.09	-0.07	0.73	0.82	-0.01	0.29	0.87	-0.01	0.67	0.52
Property Plant And Equipment Net	-0.19	0.06	-0.39	0.03	-0.45	-0.04	-0.46	-0.23	0.09	-0.38	0.04		0.07	-0.36	-0.52	0.47	-0.22	0.47	0.1	-0.22	0.68	0.07	-0.21	-0.28	0.28	-0.52
Other Current Liab	0.53	0.57	0.43	0.56	0.33	0.96	0.82	0.45	0.58	0.42	0.58	0.07		-0.16	0.04	0.19	-0.36	0.19	0.72	0.34	0.18	0.24	0.45	-0.57	0.2	0.18
Total Current Liabilities	0.48	0.39	0.5	0.42	0.5	0.01	0.12	0.53	0.32	0.51	0.4	-0.36	-0.16		0.36	-0.49	0.33	-0.49	0.14	0.51	-0.47	-0.04	0.51	0.86	0.16	0.45
Accounts Payable	0.45	0.35	0.49	0.4	0.72	0.26	0.45	0.37	0.34	0.44	0.36	-0.52	0.04	0.36		-0.74	0.02	-0.74	0.15	0.32	-0.75	0.32	0.34	0.14	0.21	0.91
Cash	-0.27	-0.07	-0.43	-0.13	-0.53	-0.06	-0.24	-0.27	-0.02	-0.4	-0.07	0.47	0.19	-0.49	-0.74		-0.27	1.0	0.11	-0.25	0.96	0.22	-0.24	-0.42	-0.08	-0.78
Other Assets	0.1	-0.1	0.28	-0.09	0.25	-0.33	-0.24	0.25	-0.11	0.29	-0.09	-0.22	-0.36	0.33	0.02	-0.27		-0.27	-0.34	0.3	-0.31	-0.21	0.25	0.38	-0.15	-0.02
Cash And Short Term Investments	-0.27	-0.07	-0.43	-0.13	-0.53	-0.06	-0.24	-0.27	-0.02	-0.4	-0.07	0.47	0.19	-0.49	-0.74	1.0	-0.27		0.11	-0.25	0.96	0.22	-0.24	-0.42	-0.08	-0.78
Net Receivables	0.65	0.73	0.49	0.72	0.35	0.76	0.63	0.58	0.72	0.5	0.73	0.1	0.72	0.14	0.15	0.11	-0.34	0.11		0.51	0.15	0.21	0.58	-0.2	0.36	0.26
Common Stock Total Equity	0.94	0.81	0.95	0.82	0.77	0.48	0.47	0.98	0.79	0.97	0.82	-0.22	0.34	0.51	0.32	-0.25	0.3	-0.25	0.51		-0.24	0.04	0.99	0.22	0.35	0.44
Property Plant And Equipment Gross	-0.25	0.01	-0.45	-0.05	-0.55	-0.05	-0.33	-0.26	0.05	-0.42	-0.01	0.68	0.18	-0.47	-0.75	0.96	-0.31	0.96	0.15	-0.24		0.22	-0.23	-0.41	0.05	-0.77
Total Current Assets	0.17	0.3	0.03	0.28	0.18	0.17	0.13	0.07	0.31	0.0	0.29	0.07	0.24	-0.04	0.32	0.22	-0.21	0.22	0.21	0.04	0.22		0.06	-0.16	-0.03	0.11
Common Stock	0.97	0.86	0.96	0.86	0.8	0.58	0.57	1.0	0.84	0.97	0.87	-0.21	0.45	0.51	0.34	-0.24	0.25	-0.24	0.58	0.99	-0.23	0.06		0.16	0.38	0.47
Short Term Debt	0.08	-0.02	0.16	0.01	0.13	-0.44	-0.3	0.17	-0.09	0.19	-0.01	-0.28	-0.57	0.86	0.14	-0.42	0.38	-0.42	-0.2	0.22	-0.41	-0.16	0.16		-0.06	0.16
Other Liab	0.51	0.68	0.3	0.68	0.51	0.31	0.14	0.35	0.69	0.26	0.67	0.28	0.2	0.16	0.21	-0.08	-0.15	-0.08	0.36	0.35	0.05	-0.03	0.38	-0.06		0.44
Long Term Debt	0.6	0.51	0.61	0.56	0.84	0.42	0.59	0.49	0.49	0.56	0.52	-0.52	0.18	0.45	0.91	-0.78	-0.02	-0.78	0.26	0.44	-0.77	0.11	0.47	0.16	0.44

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Equity Residential Account Relationship Matchups

Equity Residential fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.2B	20.3B	21.2B	20.2B	20.0B	16.2B
Short Long Term Debt Total	9.4B	8.4B	8.7B	7.7B	7.7B	7.8B
Total Stockholder Equity	10.3B	10.5B	11.0B	11.2B	11.1B	7.2B
Net Debt	9.3B	8.3B	8.5B	7.7B	7.7B	7.7B
Retained Earnings	1.4B	1.4B	1.8B	1.7B	1.4B	1.5B
Non Current Assets Total	21.1B	20.2B	20.8B	20.1B	457.3M	434.4M
Non Currrent Assets Other	20.5B	19.6B	20.2B	19.3B	(371.3M)	(352.7M)
Common Stock Shares Outstanding	386.3M	385.9M	388.1M	389.5M	390.9M	314.1M
Liabilities And Stockholders Equity	21.2B	20.3B	21.2B	20.2B	20.0B	16.2B
Non Current Liabilities Total	8.8B	8.4B	8.8B	8.0B	7.6B	7.9B
Other Stockholder Equity	9.0B	9.1B	9.1B	9.5B	9.6B	6.3B
Total Liab	10.2B	9.2B	9.5B	8.5B	8.5B	8.4B
Other Current Liab	285.2M	298.2M	303.0M	310.9M	(176.6M)	(185.5M)
Total Current Liabilities	1.4B	820.4M	725.1M	536.9M	857.2M	1.3B
Accounts Payable	94.4M	107.4M	107.0M	96.0M	104.4M	116.1M
Cash	45.8M	42.6M	123.8M	53.9M	50.7M	48.2M
Other Assets	330.6M	20.2B	19.9B	18.9B	19.4B	20.4B
Cash And Short Term Investments	45.8M	42.6M	123.8M	53.9M	50.7M	48.2M
Common Stock Total Equity	3.7M	3.7M	3.8M	3.8M	4.4M	3.1M
Total Current Assets	117.0M	99.7M	360.2M	137.2M	140.0M	133.0M
Accumulated Other Comprehensive Income	(77.6M)	(43.7M)	(34.3M)	(2.5M)	5.7M	6.0M
Common Stock	3.7M	3.7M	3.8M	3.8M	3.8M	3.1M
Short Term Debt	1.0B	414.8M	315.0M	130.0M	929.4M	990.3M
Other Liab	417.0M	405.5M	419.2M	375.9M	432.3M	529.8M
Long Term Debt	8.0B	7.6B	8.0B	7.4B	7.0B	8.3B
Other Current Assets	(77.2M)	(83.9M)	(150.0M)	83.3M	89.3M	84.8M
Property Plant Equipment	20.3B	19.3B	20.3B	19.5B	22.5B	15.7B
Noncontrolling Interest In Consolidated Entity	229.0M	237.8M	232.3M	209.2M	188.3M	178.9M
Retained Earnings Total Equity	1.4B	1.4B	1.8B	1.7B	1.5B	1.3B
Net Tangible Assets	10.7B	10.8B	10.9B	11.5B	13.2B	10.8B
Warrants	463.4M	339.0M	499.0M	318.3M	286.4M	334.7M
Long Term Debt Total	8.0B	7.6B	8.3B	7.4B	8.5B	9.1B
Capital Surpluse	9.0B	9.1B	9.1B	9.5B	10.9B	9.2B

Pair Trading with Equity Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equity Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equity Residential will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equity Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equity Residential to buy it.

The correlation of Equity Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Equity Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Equity Stock Analysis

When running Equity Residential's price analysis, check to measure Equity Residential'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 Residential is operating at the current time. Most of Equity Residential's value examination focuses on studying past and present price action to 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.

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Equity Net Debt vs Total Revenue Analysis

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Total Revenue

Equity Residential fundamental ratios Correlations

Equity Residential Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equity Residential fundamental ratios Accounts

Pair Trading with Equity Residential

Additional Tools for Equity Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Net Debt
Common Stock	+ 1.0	Common Stock Shares Outstanding

Long Term Debt	- 0.78	Cash And Short Term Investments
Long Term Debt	- 0.78	Cash
Long Term Debt	- 0.77	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.75	Accounts Payable
Cash And Short Term Investments	- 0.74	Accounts Payable
Cash	- 0.74	Accounts Payable