Empire Property Plant And Equipment Net vs Total Current Liabilities Analysis
ESBA Stock | USD 10.91 0.16 1.49% |
Empire State financial indicator trend analysis is much more than just examining Empire State Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empire State Realty is a good investment. Please check the relationship between Empire State Property Plant And Equipment Net and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire State Realty. 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 labor statistics.
Property Plant And Equipment Net vs Total Current Liabilities
Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire State Realty Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Empire State's Property Plant And Equipment Net and Total Current Liabilities is -0.24. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Empire State Realty, assuming nothing else is changed. The correlation between historical values of Empire State's Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Empire State Realty are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Empire State's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Current Liabilities
Total Current Liabilities is an item on Empire State balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Empire State Realty 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 indicators from Empire State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empire State Realty 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 Empire State Realty. 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 labor statistics. At present, Empire State's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.55, whereas Selling General Administrative is forecasted to decline to about 55 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 94.4M | 101.2M | 109.3M | 78.7M | Depreciation And Amortization | 537.2M | 600.0M | 592.9M | 622.5M |
Empire State fundamental ratios Correlations
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Empire State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Empire State fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 294.7M | 278.2M | 275.0M | 269.9M | 265.6M | 229.0M | |
Total Assets | 3.9B | 4.2B | 4.3B | 4.2B | 4.2B | 3.4B | |
Short Long Term Debt Total | 1.7B | 2.2B | 2.3B | 2.3B | 2.3B | 1.8B | |
Other Current Liab | (3.9M) | (419.9M) | (429.9M) | (41.6M) | (31.0M) | (32.6M) | |
Total Current Liabilities | 215.8M | 191.5M | 205.2M | 162.8M | 170.0M | 143.6M | |
Total Stockholder Equity | 1.9B | 1.7B | 1.7B | 1.7B | 985.5M | 1.3B | |
Current Deferred Revenue | 72.0M | 88.3M | 84.4M | 76.1M | 70.3M | 45.3M | |
Net Debt | 1.5B | 1.6B | 1.9B | 2.0B | 1.9B | 1.5B | |
Accounts Payable | 143.8M | 32.3M | 41.7M | 32.9M | 44.2M | 76.2M | |
Cash | 233.9M | 526.7M | 423.7M | 264.4M | 407.0M | 260.5M | |
Non Current Assets Total | 3.3B | 3.3B | 3.5B | 3.5B | 3.5B | 2.8B | |
Non Currrent Assets Other | 2.5B | 2.4B | 2.6B | 2.6B | 2.7B | 1.9B | |
Cash And Short Term Investments | 233.9M | 526.7M | 423.7M | 264.4M | 407.0M | 289.9M | |
Net Receivables | 246.4M | 244.0M | 243.6M | 264.3M | 295.5M | 178.8M | |
Liabilities And Stockholders Equity | 3.9B | 4.2B | 4.3B | 4.2B | 4.2B | 3.4B | |
Non Current Liabilities Total | 1.8B | 2.2B | 2.4B | 2.3B | 2.3B | 1.9B | |
Other Current Assets | (518.0M) | 118.4M | 127.5M | 85.8M | (702.4M) | (667.3M) | |
Other Stockholder Equity | 1.9B | 1.1B | 1.2B | 1.1B | 1.0B | 1.1B | |
Total Liab | 2.0B | 2.4B | 2.6B | 2.5B | 2.5B | 2.0B | |
Total Current Assets | 583.4M | 889.2M | 794.8M | 712.6M | 702.4M | 581.6M | |
Accumulated Other Comprehensive Income | (21.5M) | (28.3M) | (20.8M) | 7.0M | 6.0M | 6.3M | |
Other Liab | 111.7M | 120.0M | 109.3M | 93.9M | 84.5M | 90.2M | |
Retained Earnings | 15.8M | (65.7M) | (133.6M) | (109.5M) | (83.1M) | (79.0M) | |
Other Assets | 229.1M | 3.1B | 4.8B | 189.8M | (1.0) | (0.95) | |
Long Term Debt | 1.7B | 2.1B | 2.3B | 2.2B | 2.2B | 1.9B | |
Short Term Investments | 400M | 0.0 | 13K | 17.9M | 11.8M | 11.2M | |
Property Plant And Equipment Gross | 29.3M | 29.1M | 28.9M | 28.7M | 28.4M | 27.0M | |
Short Term Debt | 3.9M | 387.6M | 388.2M | (86.7M) | 86.5M | 97.1M | |
Net Tangible Assets | 1.1B | 895.1M | 1.2B | 817.1M | 939.7M | 903.8M | |
Long Term Debt Total | 1.9B | 1.7B | 2.1B | 2.3B | 2.7B | 1.8B | |
Deferred Long Term Liab | 228.2M | 88.3M | 84.4M | 187.6M | 215.7M | 159.5M | |
Non Current Liabilities Other | 39.7M | 60.8M | 53.7M | 42.9M | 13.8M | 13.1M | |
Intangible Assets | 352.6M | 344.7M | 336.9M | 329.1M | 321.2M | 303.1M | |
Common Stock | 1.8M | 1.7M | 1.7M | 1.6M | 1.6M | 1.7M | |
Property Plant Equipment | 2.3B | 2.2B | 2.4B | 2.4B | 2.8B | 2.2B | |
Capital Lease Obligations | 29.3M | 29.1M | 28.9M | 28.7M | 28.4M | 30.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empire State Realty. 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 labor statistics. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Empire State. If investors know Empire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Empire State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.143 | Dividend Share 0.14 | Earnings Share 0.27 | Revenue Per Share 3.092 | Quarterly Revenue Growth 0.017 |
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Empire State's market value can be influenced by many factors that don't directly affect Empire State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.