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 Direction | Negative |
Relationship Strength | Insignificant |
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).
Equity Lifestyle fundamental ratios Correlations
Click cells to compare fundamentals
Equity Lifestyle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Equity Lifestyle fundamental ratios Accounts
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Additional Tools for Equity Stock Analysis
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