Equity Revenues vs Net Income Analysis

EQR
 Stock
  

USD 72.93  0.71  0.98%   

Equity Residential financial indicator trend analysis is much more than just examining Equity Residential latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Residential is a good investment. Please check the relationship between Equity Residential Revenues and its Net Income accounts. Continue to Investing Opportunities.

Revenues vs Net Income

Revenues vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Residential Revenues account and Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Equity Residential's Revenues and Net Income is 0.08. Overlapping area represents the amount of variation of Revenues that can explain the historical movement of Net Income in the same time period over historical financial statements of Equity Residential, assuming nothing else is changed. The correlation between historical values of Equity Residential's Revenues and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenues of Equity Residential are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Revenues i.e., Equity Residential's Revenues and Net Income go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Revenues

Revenues refers to the total amount of money received by Equity Residential for goods sold or services provided during a certain time period. It also includes all of Equity Residential sales as well as any other increase in Equity Residential equity.Revenues are reported on Equity Residential income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Equity Residential financial statement analysis. It represents the amount of money remaining after all of Equity Residential operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.
Most indicators from Equity Residential fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity Residential 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. Continue to Investing Opportunities.Equity Residential Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Equity Residential reported last year Selling General and Administrative Expense of 56.51 Million. As of 07/03/2022, Issuance Purchase of Equity Shares is likely to grow to about 131.9 M, while Net Cash Flow Business Acquisitions and Disposals is likely to drop (84.5 M).
 2019 2020 2021 2022 (projected)
Consolidated Income1.01 B962.5 M1.4 B1.29 B
Direct Expenses908.33 M916.38 M948.79 M856.92 M

Equity Residential fundamental ratios Correlations

Equity Residential Account Relationship Matchups

Equity Residential fundamental ratios Accounts

201720182019202020212022 (projected)
Accounts Payable114.77 M102.47 M94.35 M107.37 M107.01 M100.04 M
Accumulated Other Comprehensive Income(88.61 M)(64.99 M)(77.56 M)(43.67 M)(34.27 M)(36.98 M)
Total Assets20.57 B20.39 B21.17 B20.29 B21.17 B23.09 B
Current Assets100.76 M116.31 M117 M99.73 M360.24 M361.95 M
Cash and Equivalents100.76 M116.31 M117 M99.73 M360.24 M388.68 M
Cash and Equivalents USD100.76 M116.31 M117 M99.73 M360.24 M388.68 M
Total Debt8.96 B8.82 B9.37 B8.37 B8.65 B8.53 B
Total Debt USD8.96 B8.82 B9.37 B8.37 B8.65 B8.53 B
Deposit Liabilities65.01 M67.26 M70.06 M60.48 M66.14 M63.47 M
Shareholders Equity10.24 B10.17 B10.32 B10.53 B10.95 B11.38 B
Shareholders Equity USD10.24 B10.17 B10.32 B10.53 B10.95 B11.38 B
Investments58.25 M58.35 M52.24 M52.78 M127.45 M108.73 M
Total Liabilities9.73 B9.62 B10.16 B9.18 B9.48 B9.31 B
Current Liabilities430.64 M438.95 M449.59 M466 M476.17 M441.94 M
Trade and Non Trade Payables307.59 M309.07 M312.68 M339.63 M340.51 M366.75 M
Property Plant and Equipment Net19.99 B19.81 B20.77 B19.84 B20.39 B22.29 B
Accumulated Retained Earnings Deficit1.4 B1.26 B1.39 B1.4 B1.83 B1.82 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equity Residential without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Equity Residential

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 Equity Residential 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 Equity Residential will appreciate offsetting losses from the drop in the long position's value.

Equity Residential Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Equity Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Residential 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 Equity Residential - 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 Equity Residential to buy it.
The correlation of Equity Residential is a statistical measure of how it moves in relation to other equities. 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 Equity Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Residential 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 Equity Residential 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
Continue to Investing Opportunities. Note that the Equity Residential information on this page should be used as a complementary analysis to other Equity Residential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Equity Residential's industry 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 Equity Residential. If investors know Equity 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 Equity Residential 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 YOY
0.22
Market Capitalization
28.4 B
Quarterly Revenue Growth YOY
0.093
Return On Assets
0.0194
Return On Equity
0.13
The market value of Equity Residential is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Residential's value that differs from its market value or its book value, called intrinsic value, which is Equity Residential'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 Equity Residential's market value can be influenced by many factors that don't directly affect Equity Residential'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 Equity Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine Equity Residential value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Residential'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.