Elme Net Receivables vs Total Liab Analysis

ELME Stock

USD 17.56 0.10 0.57%

Elme Communities financial indicator trend analysis is much more than just examining Elme Communities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elme Communities is a good investment. Please check the relationship between Elme Communities Net Receivables and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elme Communities Net Receivables account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Elme Communities' Net Receivables and Total Liab is 0.94. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Elme Communities, assuming nothing else is changed. The correlation between historical values of Elme Communities' Net Receivables and Total Liab 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 Elme Communities are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Elme Communities' Net Receivables and Total Liab go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Elme Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elme Communities 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 Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.At present, Elme Communities' Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	102.2M	127.9M	51.0M	48.5M
Total Revenue	169.2M	209.4M	227.9M	188.9M

Gross Profit Total Revenue

Elme Communities fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Short Term Investments	Total Current Assets	Other Current Liab	Total Current Liabilities	Short Term Debt	Net Receivables	Cash	Common Stock	Current Deferred Revenue	Accounts Payable	Other Current Assets	Inventory
Total Assets		0.83	0.79	0.8	-0.39	-0.26	0.82	0.8	0.6	0.85	0.88	0.98	0.27	-0.07	-0.67	0.55	-0.02	0.46	0.05	0.79	0.0	-0.86	0.87	0.75	0.13	0.15
Short Long Term Debt Total	0.83		0.32	0.99	-0.27	-0.42	0.41	0.99	0.18	1.0	0.88	0.78	0.67	-0.23	-0.38	0.63	-0.06	0.43	0.22	0.93	-0.17	-0.69	0.71	0.75	0.46	0.29
Total Stockholder Equity	0.79	0.32		0.27	-0.37	0.03	0.95	0.28	0.83	0.35	0.53	0.82	-0.27	0.13	-0.73	0.25	0.03	0.31	-0.15	0.33	0.19	-0.72	0.7	0.45	-0.29	-0.08
Net Debt	0.8	0.99	0.27		-0.25	-0.37	0.37	0.96	0.12	0.99	0.84	0.77	0.71	-0.38	-0.33	0.52	-0.01	0.49	0.13	0.93	-0.33	-0.64	0.66	0.74	0.47	0.26
Retained Earnings	-0.39	-0.27	-0.37	-0.25		-0.6	-0.59	-0.22	-0.67	-0.27	-0.4	-0.44	-0.12	0.0	0.81	0.04	-0.01	-0.54	-0.18	-0.03	-0.06	0.72	-0.72	-0.2	0.59	0.26
Other Assets	-0.26	-0.42	0.03	-0.37	-0.6		0.13	-0.46	0.38	-0.42	-0.29	-0.13	-0.28	-0.23	-0.4	-0.72	0.2	0.24	-0.14	-0.6	-0.22	-0.12	0.1	-0.27	-0.88	-0.4
Common Stock Shares Outstanding	0.82	0.41	0.95	0.37	-0.59	0.13		0.36	0.83	0.44	0.64	0.85	-0.11	0.13	-0.83	0.26	0.0	0.36	-0.02	0.34	0.19	-0.83	0.82	0.4	-0.33	-0.11
Non Current Liabilities Total	0.8	0.99	0.28	0.96	-0.22	-0.46	0.36		0.15	0.98	0.85	0.74	0.62	-0.16	-0.36	0.67	-0.1	0.3	0.31	0.9	-0.1	-0.68	0.7	0.75	0.47	0.32
Other Stockholder Equity	0.6	0.18	0.83	0.12	-0.67	0.38	0.83	0.15		0.2	0.36	0.65	-0.36	0.22	-0.91	0.08	0.01	0.41	-0.04	0.08	0.28	-0.78	0.77	0.44	-0.63	-0.22
Total Liab	0.85	1.0	0.35	0.99	-0.27	-0.42	0.44	0.98	0.2		0.89	0.8	0.65	-0.22	-0.39	0.64	-0.05	0.45	0.2	0.94	-0.17	-0.7	0.72	0.76	0.46	0.29
Property Plant And Equipment Net	0.88	0.88	0.53	0.84	-0.4	-0.29	0.64	0.85	0.36	0.89		0.82	0.6	-0.04	-0.49	0.66	-0.1	0.38	0.25	0.79	0.02	-0.77	0.79	0.61	0.27	0.3
Non Current Assets Total	0.98	0.78	0.82	0.77	-0.44	-0.13	0.85	0.74	0.65	0.8	0.82		0.22	-0.18	-0.72	0.4	0.02	0.53	-0.04	0.74	-0.11	-0.87	0.88	0.73	0.02	0.03
Non Currrent Assets Other	0.27	0.67	-0.27	0.71	-0.12	-0.28	-0.11	0.62	-0.36	0.65	0.6	0.22		-0.39	0.15	0.36	-0.01	0.37	0.17	0.62	-0.37	-0.18	0.2	0.24	0.6	0.32
Cash And Short Term Investments	-0.07	-0.23	0.13	-0.38	0.0	-0.23	0.13	-0.16	0.22	-0.22	-0.04	-0.18	-0.39		-0.12	0.5	-0.27	-0.49	0.45	-0.29	1.0	-0.06	0.05	-0.19	-0.12	0.13
Short Term Investments	-0.67	-0.38	-0.73	-0.33	0.81	-0.4	-0.83	-0.36	-0.91	-0.39	-0.49	-0.72	0.15	-0.12		-0.11	0.03	-0.4	-0.1	-0.17	-0.19	0.92	-0.91	-0.43	0.58	0.24
Total Current Assets	0.55	0.63	0.25	0.52	0.04	-0.72	0.26	0.67	0.08	0.64	0.66	0.4	0.36	0.5	-0.11		-0.18	-0.04	0.48	0.63	0.53	-0.4	0.41	0.51	0.55	0.64
Other Current Liab	-0.02	-0.06	0.03	-0.01	-0.01	0.2	0.0	-0.1	0.01	-0.05	-0.1	0.02	-0.01	-0.27	0.03	-0.18		0.27	0.09	0.0	-0.27	0.07	-0.07	0.01	-0.11	0.18
Total Current Liabilities	0.46	0.43	0.31	0.49	-0.54	0.24	0.36	0.3	0.41	0.45	0.38	0.53	0.37	-0.49	-0.4	-0.04	0.27		-0.39	0.46	-0.44	-0.46	0.46	0.5	-0.08	-0.08
Short Term Debt	0.05	0.22	-0.15	0.13	-0.18	-0.14	-0.02	0.31	-0.04	0.2	0.25	-0.04	0.17	0.45	-0.1	0.48	0.09	-0.39		0.04	0.46	-0.19	0.2	0.08	0.06	0.37
Net Receivables	0.79	0.93	0.33	0.93	-0.03	-0.6	0.34	0.9	0.08	0.94	0.79	0.74	0.62	-0.29	-0.17	0.63	0.0	0.46	0.04		-0.25	-0.5	0.53	0.77	0.63	0.34
Cash	0.0	-0.17	0.19	-0.33	-0.06	-0.22	0.19	-0.1	0.28	-0.17	0.02	-0.11	-0.37	1.0	-0.19	0.53	-0.27	-0.44	0.46	-0.25		-0.14	0.13	-0.14	-0.14	0.13
Common Stock	-0.86	-0.69	-0.72	-0.64	0.72	-0.12	-0.83	-0.68	-0.78	-0.7	-0.77	-0.87	-0.18	-0.06	0.92	-0.4	0.07	-0.46	-0.19	-0.5	-0.14		-1.0	-0.62	0.25	0.03
Current Deferred Revenue	0.87	0.71	0.7	0.66	-0.72	0.1	0.82	0.7	0.77	0.72	0.79	0.88	0.2	0.05	-0.91	0.41	-0.07	0.46	0.2	0.53	0.13	-1.0		0.63	-0.22	-0.01
Accounts Payable	0.75	0.75	0.45	0.74	-0.2	-0.27	0.4	0.75	0.44	0.76	0.61	0.73	0.24	-0.19	-0.43	0.51	0.01	0.5	0.08	0.77	-0.14	-0.62	0.63		0.23	0.37
Other Current Assets	0.13	0.46	-0.29	0.47	0.59	-0.88	-0.33	0.47	-0.63	0.46	0.27	0.02	0.6	-0.12	0.58	0.55	-0.11	-0.08	0.06	0.63	-0.14	0.25	-0.22	0.23		0.45
Inventory	0.15	0.29	-0.08	0.26	0.26	-0.4	-0.11	0.32	-0.22	0.29	0.3	0.03	0.32	0.13	0.24	0.64	0.18	-0.08	0.37	0.34	0.13	0.03	-0.01	0.37	0.45

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Elme Communities Account Relationship Matchups

Elme Communities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.4B	1.9B	1.9B	1.9B	1.3B
Short Long Term Debt Total	1.1B	987.4M	496.9M	552.4M	679.3M	673.7M
Total Stockholder Equity	1.4B	1.3B	1.3B	1.3B	1.2B	609.5M
Net Debt	1.1B	979.7M	263.3M	544.0M	670.8M	652.9M
Retained Earnings	(183.4M)	(298.9M)	(362.5M)	(453.0M)	(569.4M)	(540.9M)
Other Assets	39.1M	5.6M	4.4M	1.9B	2.1B	2.3B
Common Stock Shares Outstanding	80.3M	82.3M	84.5M	87.4M	87.7M	53.0M
Liabilities And Stockholders Equity	2.6B	2.4B	1.9B	1.9B	1.9B	1.3B
Non Current Liabilities Total	1.1B	955.4M	501.6M	502.9M	528.6M	649.6M
Other Stockholder Equity	1.8B	1.6B	2.1B	1.7B	1.7B	1.8B
Total Liab	1.2B	1.1B	558.9M	608.8M	745.7M	718.0M
Non Current Assets Total	2.4B	2.3B	1.6B	1.8B	1.9B	1.4B
Non Currrent Assets Other	(5.5M)	(1.6B)	(1.9B)	23.7M	25.5M	26.8M
Cash And Short Term Investments	12.9M	7.7M	233.6M	8.4M	8.5M	8.1M
Total Current Assets	238.5M	137.6M	283.2M	26.2M	26.2M	24.9M
Other Current Liab	25.4M	25.4M	(482.3M)	14.9M	15.9M	16.7M
Total Current Liabilities	161.9M	133.3M	57.3M	105.9M	217.1M	228.0M
Short Term Debt	56M	42M	496.9M	55M	157M	301.1M
Net Receivables	65.3M	58.3M	15.1M	16.3M	17.6M	16.8M
Cash	12.9M	7.7M	233.6M	8.4M	8.5M	8.1M
Accumulated Other Comprehensive Income	1.8M	(30.6M)	(19.1M)	(14.2M)	(13.0M)	(13.6M)
Common Stock	821K	844K	863K	875K	879K	835.1K
Current Deferred Revenue	9.4M	7.2M	2.1M	1.6M	5.2M	5.5M
Accounts Payable	71.1M	58.8M	40.6M	34.4M	39.0M	55.3M
Other Current Assets	95.1M	71.0M	33.9M	1.5M	(26.2M)	(24.9M)
Inventory	65.2M	603K	620K	(2.0M)	(1.2M)	(1.2M)
Other Liab	19.9M	6.7M	6.8M	7.1M	6.4M	9.6M
Net Tangible Assets	1.4B	1.3B	1.3B	1.3B	1.5B	1.4B
Long Term Debt	1.0B	945.4M	496.9M	497.4M	522.3M	608.1M
Deferred Long Term Liab	39.1M	5.6M	4.4M	3.9M	3.5M	3.3M
Net Invested Capital	2.5B	2.3B	1.8B	1.8B	1.8B	1.7B
Capital Stock	821K	844K	863K	875K	879K	931.5K
Non Current Liabilities Other	10.6M	10.0M	4.7M	5.6M	6.2M	6.3M
Net Working Capital	76.6M	4.3M	225.8M	(79.7M)	(190.9M)	(181.4M)
Property Plant Equipment	2.4B	1.5B	1.6B	1.8B	1.6B	1.5B

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When determining whether Elme Communities is a strong investment it is important to analyze Elme Communities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elme Communities' future performance. For an informed investment choice regarding Elme Stock, refer to the following important reports:

How To Invest In Elme

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Is Elme Stock a good investment?

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What is Elme Communities' Net Worth?

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Largest Multi-Family Residential REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Is Multi-Family Residential 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 Elme Communities. If investors know Elme 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 Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Dividend Share

0.72

Earnings Share

(0.16)

Revenue Per Share

2.726

Quarterly Revenue Growth

0.078

Return On Assets

0.0078

The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' 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 Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' 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 Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' 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.

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Elme Net Receivables vs Total Liab Analysis

Net Receivables vs Total Liab

Net Receivables vs Total Liab Correlation Analysis

Correlation Coefficient

Net Receivables

Total Liab

Elme Communities fundamental ratios Correlations

Elme Communities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elme Communities fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash	+ 1.0	Cash And Short Term Investments
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Net Debt
Non Current Assets Total	+ 0.98	Total Assets

Current Deferred Revenue	- 1.0	Common Stock
Current Deferred Revenue	- 0.91	Short Term Investments
Short Term Investments	- 0.91	Other Stockholder Equity
Other Current Assets	- 0.88	Other Assets
Common Stock	- 0.87	Non Current Assets Total
Common Stock	- 0.86	Total Assets