Empire Net Receivables vs Non Current Assets Total Analysis

FISK Stock  USD 10.85  0.06  0.56%   
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 Net Receivables and its Non Current Assets Total 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 state.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire State Realty Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Empire State's Net Receivables and Non Current Assets Total is 0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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 Net Receivables and Non Current Assets Total 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 Receivables of Empire State Realty are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Empire State's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 state.
At this time, Empire State's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 14.55 this year, although Enterprise Value will most likely fall to about 2.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense94.4M101.2M109.3M78.7M
Depreciation And Amortization537.2M600.0M592.9M622.5M

Empire State fundamental ratios Correlations

0.940.83-0.210.90.91-0.050.740.730.570.620.930.910.680.840.86-0.170.790.870.8-0.110.08-0.070.31-0.070.29
0.940.92-0.310.960.92-0.140.830.820.490.670.990.980.710.90.95-0.210.790.960.84-0.210.06-0.170.39-0.130.17
0.830.92-0.520.870.73-0.390.920.930.140.640.90.910.650.930.99-0.240.530.990.79-0.54-0.04-0.410.5-0.210.06
-0.21-0.31-0.52-0.41-0.180.45-0.66-0.410.42-0.48-0.28-0.3-0.32-0.36-0.48-0.080.04-0.48-0.360.670.270.45-0.88-0.030.14
0.90.960.87-0.410.9-0.240.870.770.510.650.950.950.670.90.89-0.260.790.910.8-0.24-0.07-0.260.45-0.090.09
0.910.920.73-0.180.90.060.670.620.690.60.910.890.680.740.78-0.020.890.80.790.050.230.030.290.040.24
-0.05-0.14-0.390.45-0.240.06-0.54-0.420.41-0.13-0.09-0.14-0.24-0.42-0.310.450.07-0.3-0.290.760.531.0-0.320.330.47
0.740.830.92-0.660.870.67-0.540.830.050.660.810.830.60.90.9-0.30.50.910.74-0.61-0.23-0.560.57-0.13-0.09
0.730.820.93-0.410.770.62-0.420.830.110.330.840.840.40.830.93-0.240.380.930.58-0.50.03-0.440.36-0.20.16
0.570.490.140.420.510.690.410.050.110.120.510.480.280.260.21-0.080.780.250.320.640.230.4-0.190.060.34
0.620.670.64-0.480.650.6-0.130.660.330.120.580.610.870.670.63-0.120.590.630.85-0.37-0.17-0.140.55-0.13-0.19
0.930.990.9-0.280.950.91-0.090.810.840.510.580.980.60.870.94-0.230.750.950.75-0.170.07-0.120.34-0.140.25
0.910.980.91-0.30.950.89-0.140.830.840.480.610.980.630.920.94-0.240.750.950.77-0.220.05-0.170.35-0.130.15
0.680.710.65-0.320.670.68-0.240.60.40.280.870.60.630.70.64-0.050.710.650.97-0.23-0.05-0.250.51-0.1-0.18
0.840.90.93-0.360.90.74-0.420.90.830.260.670.870.920.70.92-0.380.640.920.83-0.45-0.15-0.440.37-0.2-0.05
0.860.950.99-0.480.890.78-0.310.90.930.210.630.940.940.640.92-0.220.571.00.78-0.460.0-0.330.48-0.20.12
-0.17-0.21-0.24-0.08-0.26-0.020.45-0.3-0.24-0.08-0.12-0.23-0.24-0.05-0.38-0.22-0.13-0.22-0.080.330.770.460.080.790.22
0.790.790.530.040.790.890.070.50.380.780.590.750.750.710.640.57-0.130.60.770.180.130.050.15-0.01-0.07
0.870.960.99-0.480.910.8-0.30.910.930.250.630.950.950.650.921.0-0.220.60.79-0.440.0-0.330.48-0.190.12
0.80.840.79-0.360.80.79-0.290.740.580.320.850.750.770.970.830.78-0.080.770.79-0.310.0-0.310.49-0.09-0.13
-0.11-0.21-0.540.67-0.240.050.76-0.61-0.50.64-0.37-0.17-0.22-0.23-0.45-0.460.330.18-0.44-0.310.370.76-0.450.390.41
0.080.06-0.040.27-0.070.230.53-0.230.030.23-0.170.070.05-0.05-0.150.00.770.130.00.00.370.53-0.290.610.3
-0.07-0.17-0.410.45-0.260.031.0-0.56-0.440.4-0.14-0.12-0.17-0.25-0.44-0.330.460.05-0.33-0.310.760.53-0.320.340.47
0.310.390.5-0.880.450.29-0.320.570.36-0.190.550.340.350.510.370.480.080.150.480.49-0.45-0.29-0.32-0.04-0.08
-0.07-0.13-0.21-0.03-0.090.040.33-0.13-0.20.06-0.13-0.14-0.13-0.1-0.2-0.20.79-0.01-0.19-0.090.390.610.34-0.040.21
0.290.170.060.140.090.240.47-0.090.160.34-0.190.250.15-0.18-0.050.120.22-0.070.12-0.130.410.30.47-0.080.21
Click cells to compare fundamentals

Empire State Account Relationship Matchups

Empire State fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding294.7M278.2M275.0M269.9M265.6M229.0M
Total Assets3.9B4.2B4.3B4.2B4.2B3.4B
Short Long Term Debt Total1.7B2.2B2.3B2.3B2.3B1.8B
Other Current Liab(3.9M)(419.9M)(429.9M)(41.6M)(31.0M)(32.6M)
Total Current Liabilities215.8M191.5M205.2M162.8M170.0M143.6M
Total Stockholder Equity1.9B1.7B1.7B1.7B985.5M1.3B
Current Deferred Revenue72.0M88.3M84.4M76.1M70.3M45.3M
Net Debt1.5B1.6B1.9B2.0B1.9B1.5B
Accounts Payable143.8M32.3M41.7M32.9M44.2M76.2M
Cash233.9M526.7M423.7M264.4M407.0M260.5M
Non Current Assets Total3.3B3.3B3.5B3.5B3.5B2.8B
Non Currrent Assets Other2.5B2.4B2.6B2.6B2.7B1.9B
Cash And Short Term Investments233.9M526.7M423.7M264.4M407.0M289.9M
Net Receivables246.4M244.0M243.6M264.3M295.5M178.8M
Liabilities And Stockholders Equity3.9B4.2B4.3B4.2B4.2B3.4B
Non Current Liabilities Total1.8B2.2B2.4B2.3B2.3B1.9B
Other Current Assets(518.0M)118.4M127.5M85.8M(702.4M)(667.3M)
Other Stockholder Equity1.9B1.1B1.2B1.1B1.0B1.1B
Total Liab2.0B2.4B2.6B2.5B2.5B2.0B
Total Current Assets583.4M889.2M794.8M712.6M702.4M581.6M
Accumulated Other Comprehensive Income(21.5M)(28.3M)(20.8M)7.0M6.0M6.3M
Retained Earnings15.8M(65.7M)(133.6M)(109.5M)(83.1M)(79.0M)
Short Term Debt3.9M387.6M388.2M(86.7M)86.5M97.1M
Intangible Assets352.6M344.7M336.9M329.1M321.2M303.1M
Common Stock1.8M1.7M1.7M1.6M1.6M1.7M
Other Liab111.7M120.0M109.3M93.9M84.5M85.7M
Net Tangible Assets1.1B895.1M1.2B817.1M939.7M1.0B
Other Assets229.1M3.1B4.8B189.8M(1.0)(0.95)
Long Term Debt1.7B2.1B2.3B2.2B2.2B2.1B
Deferred Long Term Liab228.2M88.3M84.4M187.6M168.8M181.1M
Property Plant Equipment2.3B2.2B2.4B2.4B2.8B2.3B
Capital Lease Obligations29.3M29.1M28.9M28.7M28.4M34.5M
Non Current Liabilities Other39.7M60.8M53.7M42.9M13.8M13.1M
Net Invested Capital3.6B3.9B2.3B2.2B4.0B2.7B
Net Working Capital374.2M708.8M364.7M549.9M497.0M444.7M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 state.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.