Essex Net Invested Capital vs Capital Surpluse Analysis

ESS Stock

USD 304.34 3.75 1.25%

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 Net Invested Capital and its Capital Surpluse 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.

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essex Property Trust Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Essex Property's Net Invested Capital and Capital Surpluse is -0.08. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse 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 Net Invested Capital and Capital Surpluse 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 Invested Capital of Essex Property Trust are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., Essex Property's Net Invested Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Surpluse

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 Profit	959.1M	1.1B	639.3M	500.7M
Total Revenue	1.4B	1.6B	1.7B	1.8B

Gross Profit Total Revenue

Essex Property fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Short Term Debt	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	Other Liab	Long Term Debt
Total Assets		0.99	-0.22	0.38	0.9	-0.43	0.9	-0.89	1.0	0.98	0.91	0.89	0.99	0.99	0.4	0.95	0.42	0.33	0.77	0.48	0.9	-0.45	0.8	0.91	0.32	0.93
Short Long Term Debt Total	0.99		-0.3	0.35	0.85	-0.41	0.88	-0.92	0.98	0.96	0.89	0.87	0.97	1.0	0.49	0.97	0.45	0.39	0.79	0.57	0.88	-0.43	0.85	0.89	0.32	0.92
Other Current Liab	-0.22	-0.3		0.42	0.07	-0.03	-0.09	0.58	-0.21	-0.18	-0.01	-0.04	-0.18	-0.35	-0.49	-0.47	-0.55	-0.37	-0.28	-0.58	-0.02	-0.02	-0.33	-0.03	0.18	-0.15
Total Current Liabilities	0.38	0.35	0.42		0.43	-0.32	0.38	-0.22	0.37	0.4	0.42	0.35	0.34	0.34	0.3	0.28	0.2	-0.22	0.45	0.01	0.46	-0.33	0.48	0.46	0.46	0.37
Total Stockholder Equity	0.9	0.85	0.07	0.43		-0.41	0.96	-0.67	0.91	0.9	0.97	0.96	0.93	0.84	0.25	0.78	0.12	0.31	0.56	0.28	0.96	-0.43	0.59	0.96	0.33	0.96
Property Plant And Equipment Net	-0.43	-0.41	-0.03	-0.32	-0.41		-0.37	0.34	-0.44	-0.59	-0.35	-0.38	-0.44	-0.41	-0.15	-0.4	-0.26	-0.14	-0.4	-0.15	-0.38	1.0	-0.33	-0.38	-0.21	-0.39
Net Debt	0.9	0.88	-0.09	0.38	0.96	-0.37		-0.74	0.9	0.88	0.98	1.0	0.9	0.87	0.36	0.82	0.11	0.46	0.53	0.45	0.97	-0.39	0.64	0.96	0.34	0.99
Retained Earnings	-0.89	-0.92	0.58	-0.22	-0.67	0.34	-0.74		-0.88	-0.85	-0.74	-0.71	-0.84	-0.94	-0.62	-0.94	-0.66	-0.29	-0.81	-0.57	-0.74	0.36	-0.82	-0.75	-0.19	-0.79
Non Current Assets Total	1.0	0.98	-0.21	0.37	0.91	-0.44	0.9	-0.88		0.98	0.91	0.9	0.99	0.98	0.39	0.95	0.4	0.33	0.76	0.46	0.91	-0.45	0.79	0.91	0.32	0.93
Non Currrent Assets Other	0.98	0.96	-0.18	0.4	0.9	-0.59	0.88	-0.85	0.98		0.89	0.88	0.98	0.96	0.37	0.93	0.4	0.33	0.75	0.44	0.89	-0.61	0.77	0.89	0.33	0.92
Common Stock Shares Outstanding	0.91	0.89	-0.01	0.42	0.97	-0.35	0.98	-0.74	0.91	0.89		0.98	0.91	0.88	0.33	0.81	0.15	0.34	0.58	0.35	0.97	-0.37	0.64	0.97	0.33	0.98
Non Current Liabilities Total	0.89	0.87	-0.04	0.35	0.96	-0.38	1.0	-0.71	0.9	0.88	0.98		0.9	0.86	0.3	0.8	0.06	0.47	0.51	0.41	0.96	-0.4	0.6	0.96	0.33	0.99
Other Stockholder Equity	0.99	0.97	-0.18	0.34	0.93	-0.44	0.9	-0.84	0.99	0.98	0.91	0.9		0.96	0.33	0.93	0.35	0.35	0.73	0.48	0.91	-0.46	0.77	0.91	0.34	0.93
Total Liab	0.99	1.0	-0.35	0.34	0.84	-0.41	0.87	-0.94	0.98	0.96	0.88	0.86	0.96		0.48	0.98	0.48	0.38	0.79	0.57	0.87	-0.43	0.85	0.87	0.31	0.91
Short Term Debt	0.4	0.49	-0.49	0.3	0.25	-0.15	0.36	-0.62	0.39	0.37	0.33	0.3	0.33	0.48		0.5	0.62	0.12	0.64	0.45	0.41	-0.16	0.62	0.42	-0.06	0.41
Accounts Payable	0.95	0.97	-0.47	0.28	0.78	-0.4	0.82	-0.94	0.95	0.93	0.81	0.8	0.93	0.98	0.5		0.52	0.4	0.76	0.62	0.81	-0.42	0.84	0.82	0.3	0.87
Cash	0.42	0.45	-0.55	0.2	0.12	-0.26	0.11	-0.66	0.4	0.4	0.15	0.06	0.35	0.48	0.62	0.52		-0.25	0.84	0.25	0.19	-0.26	0.68	0.2	-0.09	0.21
Other Assets	0.33	0.39	-0.37	-0.22	0.31	-0.14	0.46	-0.29	0.33	0.33	0.34	0.47	0.35	0.38	0.12	0.4	-0.25		-0.09	0.63	0.28	-0.15	0.21	0.28	0.27	0.45
Cash And Short Term Investments	0.77	0.79	-0.28	0.45	0.56	-0.4	0.53	-0.81	0.76	0.75	0.58	0.51	0.73	0.79	0.64	0.76	0.84	-0.09		0.38	0.62	-0.41	0.9	0.63	0.19	0.61
Net Receivables	0.48	0.57	-0.58	0.01	0.28	-0.15	0.45	-0.57	0.46	0.44	0.35	0.41	0.48	0.57	0.45	0.62	0.25	0.63	0.38		0.41	-0.15	0.68	0.41	0.49	0.48
Common Stock Total Equity	0.9	0.88	-0.02	0.46	0.96	-0.38	0.97	-0.74	0.91	0.89	0.97	0.96	0.91	0.87	0.41	0.81	0.19	0.28	0.62	0.41		-0.4	0.67	1.0	0.36	0.97
Property Plant And Equipment Gross	-0.45	-0.43	-0.02	-0.33	-0.43	1.0	-0.39	0.36	-0.45	-0.61	-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
Total Current Assets	0.8	0.85	-0.33	0.48	0.59	-0.33	0.64	-0.82	0.79	0.77	0.64	0.6	0.77	0.85	0.62	0.84	0.68	0.21	0.9	0.68	0.67	-0.34		0.68	0.41	0.7
Common Stock	0.91	0.89	-0.03	0.46	0.96	-0.38	0.96	-0.75	0.91	0.89	0.97	0.96	0.91	0.87	0.42	0.82	0.2	0.28	0.63	0.41	1.0	-0.4	0.68		0.36	0.97
Other Liab	0.32	0.32	0.18	0.46	0.33	-0.21	0.34	-0.19	0.32	0.33	0.33	0.33	0.34	0.31	-0.06	0.3	-0.09	0.27	0.19	0.49	0.36	-0.22	0.41	0.36		0.33
Long Term Debt	0.93	0.92	-0.15	0.37	0.96	-0.39	0.99	-0.79	0.93	0.92	0.98	0.99	0.93	0.91	0.41	0.87	0.21	0.45	0.61	0.48	0.97	-0.41	0.7	0.97	0.33

Click cells to compare fundamentals

Essex Property Account Relationship Matchups

Essex Property fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.7B	12.9B	13.0B	12.4B	12.4B	13.0B
Short Long Term Debt Total	5.9B	6.5B	6.6B	6.0B	6.3B	6.6B
Other Current Liab	(161.9M)	(176.8M)	(183.2M)	(413.2M)	(524.1M)	(497.9M)
Total Current Liabilities	55M	182.7M	341.3M	52.1M	352.8M	213.4M
Total Stockholder Equity	6.2B	6.0B	6.0B	5.7B	5.4B	2.8B
Net Debt	5.8B	6.2B	6.3B	6.0B	5.9B	2.9B
Retained Earnings	(887.6M)	(861.2M)	(916.8M)	(1.1B)	(1.3B)	(1.2B)
Non Current Assets Total	12.3B	12.5B	12.4B	12.1B	11.7B	12.3B
Non Currrent Assets Other	10.9B	11.4B	11.2B	10.9B	10.5B	11.0B
Common Stock Shares Outstanding	65.9M	65.6M	65.1M	65.1M	64.3M	39.7M
Liabilities And Stockholders Equity	12.7B	12.9B	13.0B	12.4B	12.4B	13.0B
Non Current Liabilities Total	6.2B	6.7B	6.4B	6.4B	5.6B	2.9B
Other Stockholder Equity	8.0B	7.7B	7.8B	6.8B	6.7B	7.0B
Total Liab	6.3B	6.7B	6.8B	6.5B	6.7B	7.1B
Short Term Debt	55M	203.5M	341.3M	299.8M	701.5M	358.1M
Accounts Payable	158.0M	152.9M	180.8M	165.5M	175.4M	184.2M
Cash	81.1M	84.0M	58.6M	42.7M	400.3M	420.4M
Other Assets	3.8M	12.7B	11.8B	11.1B	79.2M	75.2M
Cash And Short Term Investments	225.3M	231.8M	250.5M	155.4M	400.3M	420.4M
Net Receivables	134.4M	195.1M	341.0M	103.0M	174.6M	183.4M
Total Current Assets	359.7M	484.9M	591.5M	258.5M	583.5M	612.7M
Accumulated Other Comprehensive Income	(13.9M)	(14.7M)	(5.6M)	46.5M	33.6M	35.2M
Other Liab	36.4M	36.7M	393.1M	37.8M	43.5M	86.9M
Long Term Debt	5.8B	6.3B	6.3B	6.0B	6.2B	3.6B
Short Term Investments	144.2M	147.8M	191.8M	112.7M	87.8M	96.7M
Inventory	(1M)	57.9M	1.0	(9.4M)	(4.3M)	(4.1M)
Other Current Assets	(215.5M)	(279.1M)	(399.7M)	9.4M	8.6M	6.1M
Net Tangible Assets	6.3B	6.0B	6.0B	5.7B	6.6B	5.5B
Noncontrolling Interest In Consolidated Entity	183.1M	182.8M	182.9M	178.7M	205.6M	126.4M
Long Term Debt Total	5.8B	6.3B	6.3B	6.0B	6.9B	5.4B
Capital Surpluse	7.1B	6.9B	6.9B	6.8B	7.8B	6.2B
Deferred Long Term Liab	3.8M	3.7M	4.4M	5.1M	5.9M	6.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

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