Empire Historical Balance Sheet

OGCP Stock  USD 11.00  0.04  0.36%   
Trend analysis of Empire State Realty balance sheet accounts such as Total Current Liabilities of 143.6 M provides information on Empire State's total assets, liabilities, and equity, which is the actual value of Empire State Realty to its prevalent stockholders. By breaking down trends over time using Empire State 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Empire State Realty 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 Empire State Realty is a good buy for the upcoming year.

Empire State Inventory

(11.21 Million)

  
Check out Your Equity Center 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 main economic indicators.

About Empire Balance Sheet Analysis

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

Empire State Balance Sheet Chart

At this time, Empire State's Net Tangible Assets are relatively stable compared to the past year. As of 11/29/2024, Deferred Long Term Liabilities is likely to grow to about 187.8 M, while Short and Long Term Debt Total is likely to drop slightly above 1.8 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Empire State 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 Empire State Realty 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 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Empire State's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 Your Equity Center 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 main economic indicators.
At this time, Empire State's Net Tangible Assets are relatively stable compared to the past year. As of 11/29/2024, Deferred Long Term Liabilities is likely to grow to about 187.8 M, while Short and Long Term Debt Total is likely to drop slightly above 1.8 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.3B2.3B2.3B1.8B
Total Assets4.3B4.2B4.2B3.4B

Empire State balance sheet Correlations

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0.860.950.99-0.480.890.78-0.310.90.930.210.630.940.940.640.92-0.220.571.00.78-0.460.0-0.810.48-0.20.12
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0.080.06-0.040.27-0.070.230.53-0.230.030.23-0.170.070.05-0.05-0.150.00.770.130.00.00.37-0.14-0.290.610.3
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0.310.390.5-0.880.450.29-0.320.570.36-0.190.550.340.350.510.370.480.080.150.480.49-0.45-0.29-0.26-0.04-0.08
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Empire State Account Relationship Matchups

Empire State balance sheet 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)
Property Plant And Equipment Gross29.3M29.1M28.9M28.7M28.4M27.0M
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 Liab111.7M120.0M109.3M93.9M84.5M88.3M
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 Liab228.2M88.3M84.4M187.6M168.8M187.8M
Property Plant Equipment2.3B2.2B2.4B2.4B2.8B2.4B
Capital Lease Obligations29.3M29.1M28.9M28.7M28.4M30.7M
Non Current Liabilities Other39.7M60.8M53.7M42.9M13.8M13.1M
Net Invested Capital3.6B3.9B2.3B2.2B4.0B2.7B

Pair Trading with Empire State

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 Empire State 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 Empire State will appreciate offsetting losses from the drop in the long position's value.

Moving together with Empire Stock

  0.65DRH Diamondrock HospitalityPairCorr
The ability to find closely correlated positions to Empire State could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire State 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 Empire State - 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 Empire State Realty to buy it.
The correlation of Empire State 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 Empire State moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire State Realty 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 Empire State 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 CorrelationCorrelation Matching

Additional Tools for Empire Stock Analysis

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