Essex Long Term Investments vs Net Invested Capital Analysis

ESS Stock  USD 309.60  4.07  1.33%   
Essex Property financial indicator trend analysis is much more than just examining Essex Property Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essex Property Trust is a good investment. Please check the relationship between Essex Property Long Term Investments and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Long Term Investments vs Net Invested Capital

Long Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essex Property Trust Long Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Essex Property's Long Term Investments and Net Invested Capital is -0.09. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Essex Property Trust, assuming nothing else is changed. The correlation between historical values of Essex Property's Long Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Essex Property Trust are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Investments i.e., Essex Property's Long Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Essex Property balance sheet that represents investments Essex Property Trust intends to hold for over a year. Essex Property Trust long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Essex Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essex Property Trust 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 Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Essex Property's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 22.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 32.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit959.1M1.1B639.3M500.7M
Total Revenue1.4B1.6B1.7B1.8B

Essex Property fundamental ratios Correlations

0.990.070.390.9-0.430.9-0.891.00.590.910.890.990.990.40.950.420.330.770.480.9-0.450.80.910.320.93
0.990.050.430.85-0.410.88-0.920.980.520.890.870.971.00.490.970.450.390.790.570.88-0.430.850.890.320.92
0.070.050.69-0.02-0.19-0.15-0.080.05-0.32-0.05-0.180.020.040.27-0.010.61-0.730.57-0.270.02-0.190.340.020.04-0.1
0.390.430.690.09-0.240.11-0.610.36-0.420.130.050.310.460.650.490.91-0.260.780.30.2-0.250.70.210.090.19
0.90.85-0.020.09-0.410.96-0.670.910.80.970.960.930.840.250.780.120.310.560.280.96-0.430.590.960.330.96
-0.43-0.41-0.19-0.24-0.41-0.370.34-0.43-0.38-0.35-0.38-0.44-0.41-0.15-0.4-0.26-0.14-0.4-0.15-0.381.0-0.33-0.38-0.21-0.39
0.90.88-0.150.110.96-0.37-0.740.90.740.981.00.90.870.360.820.110.460.530.450.97-0.390.640.960.340.99
-0.89-0.92-0.08-0.61-0.670.34-0.74-0.88-0.21-0.74-0.71-0.84-0.94-0.62-0.94-0.66-0.3-0.81-0.57-0.740.36-0.82-0.75-0.19-0.79
1.00.980.050.360.91-0.430.9-0.880.610.910.90.990.980.380.950.390.340.750.460.91-0.450.780.910.320.93
0.590.52-0.32-0.420.8-0.380.74-0.210.610.740.790.640.5-0.210.41-0.430.420.080.090.69-0.390.180.690.370.69
0.910.89-0.050.130.97-0.350.98-0.740.910.740.980.910.880.330.810.150.340.580.350.97-0.370.640.970.330.98
0.890.87-0.180.050.96-0.381.0-0.710.90.790.980.90.860.30.80.060.470.510.410.96-0.40.60.960.330.99
0.990.970.020.310.93-0.440.9-0.840.990.640.910.90.960.330.930.350.350.730.480.91-0.460.770.910.340.93
0.991.00.040.460.84-0.410.87-0.940.980.50.880.860.960.480.980.480.380.790.570.87-0.430.850.870.310.91
0.40.490.270.650.25-0.150.36-0.620.38-0.210.330.30.330.480.50.630.120.640.450.41-0.160.620.42-0.060.41
0.950.97-0.010.490.78-0.40.82-0.940.950.410.810.80.930.980.50.520.410.760.620.81-0.420.840.820.30.87
0.420.450.610.910.12-0.260.11-0.660.39-0.430.150.060.350.480.630.52-0.240.840.250.19-0.260.680.2-0.090.21
0.330.39-0.73-0.260.31-0.140.46-0.30.340.420.340.470.350.380.120.41-0.24-0.080.640.28-0.150.220.280.270.45
0.770.790.570.780.56-0.40.53-0.810.750.080.580.510.730.790.640.760.84-0.080.380.62-0.410.90.630.190.61
0.480.57-0.270.30.28-0.150.45-0.570.460.090.350.410.480.570.450.620.250.640.380.41-0.150.680.410.490.48
0.90.880.020.20.96-0.380.97-0.740.910.690.970.960.910.870.410.810.190.280.620.41-0.40.671.00.360.97
-0.45-0.43-0.19-0.25-0.431.0-0.390.36-0.45-0.39-0.37-0.4-0.46-0.43-0.16-0.42-0.26-0.15-0.41-0.15-0.4-0.34-0.4-0.22-0.41
0.80.850.340.70.59-0.330.64-0.820.780.180.640.60.770.850.620.840.680.220.90.680.67-0.340.680.410.7
0.910.890.020.210.96-0.380.96-0.750.910.690.970.960.910.870.420.820.20.280.630.411.0-0.40.680.360.97
0.320.320.040.090.33-0.210.34-0.190.320.370.330.330.340.31-0.060.3-0.090.270.190.490.36-0.220.410.360.33
0.930.92-0.10.190.96-0.390.99-0.790.930.690.980.990.930.910.410.870.210.450.610.480.97-0.410.70.970.33
Click cells to compare fundamentals

Essex Property Account Relationship Matchups

Essex Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.7B12.9B13.0B12.4B12.4B13.0B
Short Long Term Debt Total5.9B6.5B6.6B6.0B6.3B6.6B
Other Current Liab(161.9M)(176.8M)(183.2M)(413.2M)241.8M253.9M
Total Current Liabilities55M182.7M341.3M52.1M1.1B1.2B
Total Stockholder Equity6.2B6.0B6.0B5.7B5.4B2.8B
Net Debt5.8B6.2B6.3B6.0B5.9B2.9B
Retained Earnings(887.6M)(861.2M)(916.8M)(1.1B)(1.3B)(1.2B)
Non Current Assets Total12.3B12.5B12.4B12.1B11.6B12.2B
Non Currrent Assets Other10.9B11.4B11.2B10.9B(1.1B)(1.1B)
Common Stock Shares Outstanding65.9M65.6M65.1M65.1M64.3M39.7M
Liabilities And Stockholders Equity12.7B12.9B13.0B12.4B12.4B13.0B
Non Current Liabilities Total6.2B6.7B6.4B6.4B5.6B2.9B
Other Stockholder Equity8.0B7.7B7.8B6.8B6.7B7.0B
Total Liab6.3B6.7B6.8B6.5B6.7B7.1B
Short Term Debt55M203.5M341.3M299.8M708.7M358.4M
Accounts Payable158.0M152.9M180.8M165.5M175.4M184.2M
Cash81.1M84.0M58.6M42.7M400.3M420.4M
Other Assets3.8M12.7B11.8B11.1B167.0M158.7M
Cash And Short Term Investments225.3M231.8M250.5M155.4M400.3M420.4M
Net Receivables134.4M195.1M341.0M103.0M174.6M183.4M
Total Current Assets359.7M484.9M591.5M258.5M583.5M612.7M
Accumulated Other Comprehensive Income(13.9M)(14.7M)(5.6M)46.5M33.6M35.2M
Other Liab36.4M36.7M393.1M37.8M43.5M86.9M
Long Term Debt5.8B6.3B6.3B6.0B6.2B3.6B
Short Term Investments144.2M147.8M191.8M112.7M87.8M96.7M
Inventory(1M)57.9M1.0(9.4M)(4.3M)(4.1M)
Other Current Assets(215.5M)(279.1M)(399.7M)9.4M8.6M6.1M
Net Tangible Assets6.3B6.0B6.0B5.7B6.6B5.5B
Noncontrolling Interest In Consolidated Entity183.1M182.8M182.9M178.7M205.6M126.4M
Long Term Debt Total5.8B6.3B6.3B6.0B6.9B5.4B
Capital Surpluse7.1B6.9B6.9B6.8B7.8B6.2B
Deferred Long Term Liab3.8M3.7M4.4M5.1M5.9M6.2M

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Additional Tools for Essex Stock Analysis

When running Essex Property's price analysis, check to measure Essex Property'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 Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.