European Historical Balance Sheet

ERE-UN Stock

CAD 3.63 0.02 0.55%

Trend analysis of European Residential Real balance sheet accounts such as Total Current Liabilities of 109.9 M or Total Stockholder Equity of 288.7 M provides information on European Residential's total assets, liabilities, and equity, which is the actual value of European Residential Real to its prevalent stockholders. By breaking down trends over time using European Residential balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining European Residential Real latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether European Residential Real is a good buy for the upcoming year.

European Residential Inventory

404,512

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About European Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of European Residential Real at a specified time, usually calculated after every quarter, six months, or one year. European Residential Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of European Residential 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 European currently owns. An asset can also be divided into two categories, current and non-current.

European Residential Balance Sheet Chart

At present, European Residential's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 9 M, whereas Total Assets are forecasted to decline to about 1.2 B.

Total Assets Total Current Liabilities Other Stockholder Equity Short Long Term Debt Total

Total Assets

Total assets refers to the total amount of European Residential assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in European Residential Real books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on European Residential balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of European Residential Real are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from European Residential's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into European Residential Real current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 European Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	5.4M	45.1M	20.7M	11.1M
Total Assets	1.9B	1.9B	1.7B	1.2B

Other Current Liab Total Assets

European Residential balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Long Term Debt	Net Receivables	Inventory	Net Invested Capital
Total Assets		0.68	0.89	0.99	0.99	0.86	0.88	1.0	0.9	0.23	0.88	0.97	0.33	1.0	0.81	0.99	0.99	0.84	0.94	1.0	0.55	0.55	0.99	0.54	-0.18	0.99
Other Current Liab	0.68		0.79	0.77	0.71	0.87	0.49	0.69	0.72	0.03	0.49	0.65	-0.01	0.65	0.41	0.62	0.72	0.73	0.79	0.7	-0.05	0.63	0.7	0.2	0.1	0.74
Total Current Liabilities	0.89	0.79		0.91	0.91	0.87	0.71	0.89	0.84	0.16	0.71	0.87	0.18	0.88	0.65	0.85	0.93	0.87	0.92	0.92	0.22	0.67	0.92	0.38	0.0	0.93
Total Stockholder Equity	0.99	0.77	0.91		0.99	0.93	0.83	0.99	0.94	0.16	0.83	0.97	0.2	0.98	0.73	0.95	0.99	0.88	0.96	0.99	0.41	0.61	0.98	0.43	-0.05	0.99
Net Debt	0.99	0.71	0.91	0.99		0.88	0.84	0.99	0.92	0.2	0.84	0.97	0.29	0.99	0.77	0.98	1.0	0.87	0.97	0.99	0.48	0.56	1.0	0.5	-0.14	1.0
Retained Earnings	0.86	0.87	0.87	0.93	0.88		0.6	0.86	0.95	-0.07	0.6	0.85	-0.11	0.83	0.45	0.78	0.88	0.92	0.92	0.88	0.1	0.68	0.87	0.13	0.24	0.9
Cash	0.88	0.49	0.71	0.83	0.84	0.6		0.88	0.62	0.5	1.0	0.86	0.58	0.9	0.96	0.93	0.83	0.52	0.7	0.86	0.76	0.43	0.85	0.78	-0.49	0.83
Non Current Assets Total	1.0	0.69	0.89	0.99	0.99	0.86	0.88		0.91	0.23	0.88	0.97	0.33	1.0	0.81	0.99	0.99	0.84	0.94	1.0	0.54	0.55	0.99	0.54	-0.18	0.99
Non Currrent Assets Other	0.9	0.72	0.84	0.94	0.92	0.95	0.62	0.91		-0.13	0.62	0.9	-0.05	0.89	0.49	0.84	0.92	0.92	0.93	0.92	0.23	0.52	0.91	0.16	0.22	0.93
Other Assets	0.23	0.03	0.16	0.16	0.2	-0.07	0.5	0.23	-0.13		0.5	0.28	0.6	0.25	0.6	0.32	0.18	-0.06	0.11	0.2	0.53	0.43	0.2	0.69	-0.65	0.16
Cash And Short Term Investments	0.88	0.49	0.71	0.83	0.84	0.6	1.0	0.88	0.62	0.5		0.86	0.58	0.9	0.96	0.93	0.83	0.52	0.7	0.86	0.76	0.43	0.85	0.78	-0.49	0.83
Common Stock Shares Outstanding	0.97	0.65	0.87	0.97	0.97	0.85	0.86	0.97	0.9	0.28	0.86		0.23	0.97	0.75	0.97	0.97	0.82	0.94	0.97	0.47	0.6	0.97	0.46	-0.08	0.97
Other Current Assets	0.33	-0.01	0.18	0.2	0.29	-0.11	0.58	0.33	-0.05	0.6	0.58	0.23		0.37	0.79	0.43	0.3	-0.1	0.13	0.29	0.81	-0.14	0.32	0.95	-0.97	0.26
Total Liab	1.0	0.65	0.88	0.98	0.99	0.83	0.9	1.0	0.89	0.25	0.9	0.97	0.37		0.83	0.99	0.99	0.82	0.92	0.99	0.59	0.52	0.99	0.58	-0.22	0.99
Total Current Assets	0.81	0.41	0.65	0.73	0.77	0.45	0.96	0.81	0.49	0.6	0.96	0.75	0.79	0.83		0.87	0.77	0.42	0.62	0.78	0.84	0.32	0.78	0.92	-0.7	0.75
Common Stock	0.99	0.62	0.85	0.95	0.98	0.78	0.93	0.99	0.84	0.32	0.93	0.97	0.43	0.99	0.87		0.97	0.76	0.9	0.97	0.62	0.49	0.98	0.63	-0.28	0.97
Short Long Term Debt Total	0.99	0.72	0.93	0.99	1.0	0.88	0.83	0.99	0.92	0.18	0.83	0.97	0.3	0.99	0.77	0.97		0.87	0.97	0.99	0.47	0.55	1.0	0.5	-0.13	1.0
Other Liab	0.84	0.73	0.87	0.88	0.87	0.92	0.52	0.84	0.92	-0.06	0.52	0.82	-0.1	0.82	0.42	0.76	0.87		0.93	0.86	0.12	0.68	0.86	0.12	0.24	0.88
Net Tangible Assets	0.94	0.79	0.92	0.96	0.97	0.92	0.7	0.94	0.93	0.11	0.7	0.94	0.13	0.92	0.62	0.9	0.97	0.93		0.94	0.27	0.61	0.96	0.34	0.03	0.97
Property Plant And Equipment Net	1.0	0.7	0.92	0.99	0.99	0.88	0.86	1.0	0.92	0.2	0.86	0.97	0.29	0.99	0.78	0.97	0.99	0.86	0.94		0.5	0.58	0.99	0.51	-0.13	1.0
Current Deferred Revenue	0.55	-0.05	0.22	0.41	0.48	0.1	0.76	0.54	0.23	0.53	0.76	0.47	0.81	0.59	0.84	0.62	0.47	0.12	0.27	0.5		-0.01	0.49	0.87	-0.8	0.44
Accounts Payable	0.55	0.63	0.67	0.61	0.56	0.68	0.43	0.55	0.52	0.43	0.43	0.6	-0.14	0.52	0.32	0.49	0.55	0.68	0.61	0.58	-0.01		0.53	0.12	0.17	0.57
Long Term Debt	0.99	0.7	0.92	0.98	1.0	0.87	0.85	0.99	0.91	0.2	0.85	0.97	0.32	0.99	0.78	0.98	1.0	0.86	0.96	0.99	0.49	0.53		0.52	-0.15	1.0
Net Receivables	0.54	0.2	0.38	0.43	0.5	0.13	0.78	0.54	0.16	0.69	0.78	0.46	0.95	0.58	0.92	0.63	0.5	0.12	0.34	0.51	0.87	0.12	0.52		-0.92	0.47
Inventory	-0.18	0.1	0.0	-0.05	-0.14	0.24	-0.49	-0.18	0.22	-0.65	-0.49	-0.08	-0.97	-0.22	-0.7	-0.28	-0.13	0.24	0.03	-0.13	-0.8	0.17	-0.15	-0.92		-0.1
Net Invested Capital	0.99	0.74	0.93	0.99	1.0	0.9	0.83	0.99	0.93	0.16	0.83	0.97	0.26	0.99	0.75	0.97	1.0	0.88	0.97	1.0	0.44	0.57	1.0	0.47	-0.1

Click cells to compare fundamentals

European Residential Account Relationship Matchups

European Residential balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.5B	1.9B	1.9B	1.7B	1.2B
Other Current Liab	3.4M	3.6M	5.4M	45.1M	20.7M	11.1M
Total Current Liabilities	43.7M	32.2M	79.3M	111.5M	104.7M	109.9M
Total Stockholder Equity	243.8M	353.7M	441.8M	550.1M	427.2M	288.7M
Net Debt	614.1M	699.5M	875.0M	954.0M	985.6M	579.3M
Retained Earnings	(5.8M)	103.5M	190.0M	295.7M	170.6M	102.7M
Cash	14.0M	10.7M	10.3M	10.9M	6.9M	9.0M
Non Current Assets Total	1.4B	1.5B	1.9B	1.9B	1.7B	1.2B
Non Currrent Assets Other	16.9M	1.5B	1.9B	1.9B	1.7B	872.4M
Cash And Short Term Investments	14.0M	10.7M	10.3M	10.9M	6.9M	9.0M
Common Stock Shares Outstanding	141.2M	230.7M	231.2M	231.9M	233.0M	160.5M
Liabilities And Stockholders Equity	1.4B	1.5B	1.9B	1.9B	1.7B	1.2B
Non Current Liabilities Total	1.1B	1.1B	1.4B	1.3B	1.2B	845.4M
Other Current Assets	13.4M	2.2M	470K	1.1M	2.2M	2.8M
Total Liab	1.1B	1.1B	1.4B	1.4B	1.3B	897.8M
Total Current Assets	28.3M	14.0M	14.0M	15.4M	11.9M	13.6M
Common Stock	249.7M	250.2M	251.8M	254.4M	256.6M	185.6M
Short Long Term Debt Total	628.0M	710.2M	885.3M	964.9M	992.5M	672.4M
Other Liab	18.5M	32.9M	87.5M	77.5M	89.1M	46.1M
Net Tangible Assets	233.3M	343.2M	431.2M	550.1M	632.7M	318.5M
Property Plant And Equipment Net	1.3B	1.5B	1.9B	1.9B	1.7B	1.4B
Current Deferred Revenue	38.1M	17.2M	19.2M	1.6M	1.5M	1.4M
Accounts Payable	968K	384K	2.6M	2.9M	1.9M	1.9M
Long Term Debt	626.8M	699.3M	833.2M	903.2M	912.0M	639.6M
Net Receivables	13.5M	2.6M	2.2M	3.5M	2.4M	2.9M
Inventory	(12.6M)	(42K)	995K	335K	385.3K	404.5K
Net Invested Capital	871.9M	1.1B	1.3B	1.5B	1.4B	1.0B
Short Long Term Debt	1.2M	11.0M	52.1M	61.9M	80.5M	84.6M
Non Current Liabilities Other	452.9M	379.5M	445.1M	296.9M	250.6M	287.3M
Net Working Capital	(15.4M)	(18.2M)	(65.4M)	(96.0M)	(92.8M)	(88.2M)
Short Term Debt	1.2M	11.0M	52.1M	61.9M	80.5M	84.6M
Property Plant Equipment	1.3B	1.5B	1.9B	1.9B	2.2B	1.4B
Capital Stock	249.7M	250.2M	251.8M	254.4M	256.6M	239.1M

Pair Trading with European 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 European 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 European Residential will appreciate offsetting losses from the drop in the long position's value.

Moving against European Stock

0.75	AEMC	Alaska Energy Metals	Pair Corr
0.37	CMC	Cielo Waste Solutions	Pair Corr

The ability to find closely correlated positions to European 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 European 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 European 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 European Residential Real to buy it.

The correlation of European 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential Real 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 European 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

Other Information on Investing in European Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

European Historical Balance Sheet

European Residential Inventory

404,512

About European Balance Sheet Analysis

European Residential Balance Sheet Chart

Total Assets

Total Current Liabilities

European Residential balance sheet Correlations

European Residential Account Relationship Matchups

High Positive Relationship

High Negative Relationship

European Residential balance sheet Accounts

Pair Trading with European Residential

Moving against European Stock

Other Information on Investing in European Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Net Debt
Long Term Debt	+ 1.0	Net Debt
Net Invested Capital	+ 1.0	Net Debt

Inventory	- 0.97	Other Current Assets
Inventory	- 0.92	Net Receivables
Inventory	- 0.8	Current Deferred Revenue
Inventory	- 0.7	Total Current Assets
Inventory	- 0.65	Other Assets
Inventory	- 0.49	Cash And Short Term Investments