Equity Long Term Debt vs Good Will Analysis

ELS Stock  USD 72.51  1.08  1.51%   
Equity Lifestyle financial indicator trend analysis is much more than just examining Equity Lifestyle Pro latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equity Lifestyle Pro is a good investment. Please check the relationship between Equity Lifestyle Long Term Debt and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Lifestyle Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equity Lifestyle Pro Long Term Debt account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Equity Lifestyle's Long Term Debt and Good Will is -0.07. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Equity Lifestyle Properties, assuming nothing else is changed. The correlation between historical values of Equity Lifestyle's Long Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Equity Lifestyle Properties are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Equity Lifestyle's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Equity Lifestyle Pro has held for over one year. Long-term debt appears on Equity Lifestyle Properties balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Equity Lifestyle Properties balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Equity Lifestyle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equity Lifestyle Pro 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 Equity Lifestyle Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Equity Lifestyle's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 8.6 M in 2024, despite the fact that Tax Provision is likely to grow to (10 M).
 2021 2022 2023 2024 (projected)
Gross Profit628.2M700.7M941.5M988.6M
Total Revenue1.3B1.4B1.5B1.6B

Equity Lifestyle fundamental ratios Correlations

0.550.981.00.99-0.461.00.790.09-0.520.72-0.640.80.81.0-0.340.170.840.520.20.430.860.840.850.960.86
0.550.520.550.55-0.540.540.240.0-0.210.72-0.640.730.620.550.070.330.370.540.480.430.350.610.370.40.69
0.980.520.980.96-0.350.980.810.13-0.530.73-0.610.770.850.96-0.320.280.850.50.160.330.90.790.90.930.83
1.00.550.980.99-0.461.00.790.11-0.530.73-0.660.80.810.99-0.350.180.830.520.190.440.860.840.850.950.85
0.990.550.960.99-0.510.990.760.07-0.530.71-0.650.80.771.0-0.340.150.810.510.20.480.820.850.810.950.86
-0.46-0.54-0.35-0.46-0.51-0.450.120.120.41-0.70.86-0.61-0.28-0.49-0.130.030.03-0.04-0.44-0.770.01-0.820.02-0.29-0.45
1.00.540.981.00.99-0.450.80.1-0.530.71-0.640.80.81.0-0.360.160.840.520.190.440.860.830.850.960.86
0.790.240.810.790.760.120.80.24-0.330.28-0.120.460.640.78-0.590.130.940.54-0.120.010.960.370.950.860.64
0.090.00.130.110.070.120.10.24-0.270.14-0.080.090.130.07-0.390.030.140.14-0.22-0.060.230.040.270.070.03
-0.52-0.21-0.53-0.53-0.530.41-0.53-0.33-0.27-0.610.52-0.57-0.51-0.50.55-0.21-0.22-0.230.5-0.5-0.39-0.59-0.4-0.44-0.45
0.720.720.730.730.71-0.70.710.280.14-0.61-0.930.90.820.7-0.050.320.390.360.330.680.430.870.470.520.77
-0.64-0.64-0.61-0.66-0.650.86-0.64-0.12-0.080.52-0.93-0.78-0.61-0.640.0-0.11-0.21-0.23-0.48-0.75-0.27-0.93-0.29-0.45-0.61
0.80.730.770.80.8-0.610.80.460.09-0.570.9-0.780.90.8-0.240.140.570.550.250.750.530.80.550.680.95
0.80.620.850.810.77-0.280.80.640.13-0.510.82-0.610.90.78-0.290.270.760.620.150.50.690.640.740.70.92
1.00.550.960.991.0-0.491.00.780.07-0.50.7-0.640.80.78-0.350.120.820.520.220.470.830.840.820.960.86
-0.340.07-0.32-0.35-0.34-0.13-0.36-0.59-0.390.55-0.050.0-0.24-0.29-0.350.34-0.4-0.380.54-0.23-0.47-0.14-0.47-0.44-0.25
0.170.330.280.180.150.030.160.130.03-0.210.32-0.110.140.270.120.340.160.08-0.09-0.250.290.130.310.050.18
0.840.370.850.830.810.030.840.940.14-0.220.39-0.210.570.760.82-0.40.160.60.10.10.910.420.920.860.76
0.520.540.50.520.51-0.040.520.540.14-0.230.36-0.230.550.620.52-0.380.080.60.060.350.490.290.510.510.61
0.20.480.160.190.2-0.440.19-0.12-0.220.50.33-0.480.250.150.220.54-0.090.10.060.24-0.040.36-0.020.10.23
0.430.430.330.440.48-0.770.440.01-0.06-0.50.68-0.750.750.50.47-0.23-0.250.10.350.240.010.670.020.310.61
0.860.350.90.860.820.010.860.960.23-0.390.43-0.270.530.690.83-0.470.290.910.49-0.040.010.520.990.90.66
0.840.610.790.840.85-0.820.830.370.04-0.590.87-0.930.80.640.84-0.140.130.420.290.360.670.520.510.710.7
0.850.370.90.850.810.020.850.950.27-0.40.47-0.290.550.740.82-0.470.310.920.51-0.020.020.990.510.870.68
0.960.40.930.950.95-0.290.960.860.07-0.440.52-0.450.680.70.96-0.440.050.860.510.10.310.90.710.870.78
0.860.690.830.850.86-0.450.860.640.03-0.450.77-0.610.950.920.86-0.250.180.760.610.230.610.660.70.680.78
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Equity Lifestyle Account Relationship Matchups

Equity Lifestyle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.4B5.3B5.5B5.6B5.9B
Short Long Term Debt Total2.4B2.7B3.6B3.6B3.5B2.0B
Total Stockholder Equity1.2B1.2B1.4B1.4B1.4B1.5B
Property Plant And Equipment Net4.0B4.3B4.9B5.1B5.3B5.5B
Net Debt2.4B2.6B3.2B3.4B3.5B3.7B
Retained Earnings(154.3M)(179.5M)(183.7M)(204.2M)(223.6M)(234.8M)
Non Current Assets Total4.1B4.4B5.1B5.4B5.5B5.8B
Non Currrent Assets Other4.1B4.3B5.0B5.3B5.4B5.7B
Other Assets73.9M4.4B259.2K50.4M58.0M55.1M
Cash And Short Term Investments28.9M24.1M123.4M2.6M29.9M51.8M
Common Stock Shares Outstanding192.0M192.6M192.9M195.3M195.4M157.2M
Liabilities And Stockholders Equity4.2B4.4B5.3B5.5B5.6B5.9B
Non Current Liabilities Total2.4B2.6B2.9B3.2B3.5B1.8B
Other Stockholder Equity1.6B1.4B1.8B1.8B1.6B942.2M
Total Liab2.8B3.1B3.8B4.0B4.1B4.3B
Total Current Assets66.4M59.9M163.4M67.7M79.9M100.7M
Other Current Liab67.6M74.3M80.1M91.8M100.2M52.7M
Total Current Liabilities443.5M518.6M896.5M785.1M627.5M658.9M
Accounts Payable124.7M129.7M172.3M175.1M151.6M76.2M
Cash28.9M24.1M123.4M2.6M29.9M49.2M
Net Receivables37.6M35.8M40.0M45.4M49.9M26.3M
Common Stock Total Equity1.8M1.8M1.9M1.9M2.2M2.3M
Accumulated Other Comprehensive Income(380K)(179.5M)3.5M19.1M6.1M6.4M
Common Stock1.8M1.8M1.9M1.9M1.9M2.0M
Other Liab228.6M243.3M295.1M320.1M368.1M386.5M
Long Term Debt2.2B2.4B3.3B3.4B3.5B2.2B
Other Current Assets(66.4M)(59.9M)(163.4M)19.7M(79.9M)(75.9M)
Current Deferred Revenue91.2M92.6M295.1M320.1M344.8M362.0M
Short Term Debt160M222M349M198M31M29.5M
Net Tangible Assets1.2B1.2B1.4B1.4B1.7B1.1B
Noncontrolling Interest In Consolidated Entity72.1M71.1M71.1M72.1M64.9M98.6M
Retained Earnings Total Equity(154.3M)(179.5M)(183.7M)(204.2M)(183.8M)(174.6M)
Long Term Debt Total2.2B2.4B3.3B3.4B3.9B2.6B
Capital Surpluse1.4B1.4B1.6B1.6B1.9B1.3B

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