Empire Current Deferred Revenue vs Intangible Assets Analysis

ESBA Stock  USD 10.05  0.13  1.28%   
Empire State financial indicator trend analysis is much more than just examining Empire State Realty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empire State Realty is a good investment. Please check the relationship between Empire State Current Deferred Revenue and its Intangible Assets accounts. Check out Investing Opportunities 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 bureau of labor statistics.

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire State Realty Current Deferred Revenue account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Empire State's Current Deferred Revenue and Intangible Assets is -0.09. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Empire State Realty, assuming nothing else is changed. The correlation between historical values of Empire State's Current Deferred Revenue and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Empire State Realty are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., Empire State's Current Deferred Revenue and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Empire State's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 bureau of labor statistics.
At present, Empire State's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 14.55, whereas Selling General Administrative is forecasted to decline to about 55 M.
 2021 2022 2023 2024 (projected)
Interest Expense94.4M101.2M109.3M78.7M
Depreciation And Amortization537.2M600.0M592.9M622.5M

Empire State fundamental ratios Correlations

0.940.85-0.210.90.91-0.050.740.730.570.620.930.910.680.840.86-0.170.790.870.80.39-0.110.270.80.240.08
0.940.93-0.310.960.92-0.140.830.820.490.670.990.980.710.90.95-0.210.790.960.840.51-0.210.340.850.160.06
0.850.93-0.490.880.75-0.370.910.930.170.650.910.920.680.930.99-0.230.570.990.820.35-0.520.480.960.05-0.02
-0.21-0.31-0.49-0.41-0.180.45-0.66-0.410.42-0.48-0.28-0.3-0.32-0.36-0.48-0.080.04-0.48-0.36-0.10.67-0.94-0.520.210.27
0.90.960.88-0.410.9-0.240.870.770.510.650.950.950.670.90.89-0.260.790.910.80.46-0.240.440.820.06-0.07
0.910.920.75-0.180.90.060.670.620.690.60.910.890.680.740.78-0.020.890.80.790.550.050.270.660.270.23
-0.05-0.14-0.370.45-0.240.06-0.54-0.420.41-0.13-0.09-0.14-0.24-0.42-0.310.450.07-0.3-0.290.30.76-0.31-0.490.440.53
0.740.830.91-0.660.870.67-0.540.830.050.660.810.830.60.90.9-0.30.50.910.740.29-0.610.590.91-0.03-0.23
0.730.820.93-0.410.770.62-0.420.830.110.330.840.840.40.830.93-0.240.380.930.580.44-0.50.390.85-0.140.03
0.570.490.170.420.510.690.410.050.110.120.510.480.280.260.21-0.080.780.250.320.450.64-0.260.070.230.23
0.620.670.65-0.480.650.6-0.130.660.330.120.580.610.870.670.63-0.120.590.630.850.01-0.370.470.710.32-0.17
0.930.990.91-0.280.950.91-0.090.810.840.510.580.980.60.870.94-0.230.750.950.750.59-0.170.310.810.130.07
0.910.980.92-0.30.950.89-0.140.830.840.480.610.980.630.920.94-0.240.750.950.770.51-0.220.330.840.130.05
0.680.710.68-0.320.670.68-0.240.60.40.280.870.60.630.70.64-0.050.710.650.970.01-0.230.370.720.25-0.05
0.840.90.93-0.360.90.74-0.420.90.830.260.670.870.920.70.92-0.380.640.920.830.25-0.450.340.920.11-0.15
0.860.950.99-0.480.890.78-0.310.90.930.210.630.940.940.640.92-0.220.571.00.780.44-0.460.470.930.030.0
-0.17-0.21-0.23-0.08-0.26-0.020.45-0.3-0.24-0.08-0.12-0.23-0.24-0.05-0.38-0.22-0.13-0.22-0.080.060.330.25-0.30.150.77
0.790.790.570.040.790.890.070.50.380.780.590.750.750.710.640.57-0.130.60.770.280.180.080.560.350.13
0.870.960.99-0.480.910.8-0.30.910.930.250.630.950.950.650.921.0-0.220.60.790.45-0.440.470.930.030.0
0.80.840.82-0.360.80.79-0.290.740.580.320.850.750.770.970.830.78-0.080.770.790.11-0.310.410.840.240.0
0.390.510.35-0.10.460.550.30.290.440.450.010.590.510.010.250.440.060.280.450.110.290.130.090.050.21
-0.11-0.21-0.520.67-0.240.050.76-0.61-0.50.64-0.37-0.17-0.22-0.23-0.45-0.460.330.18-0.44-0.310.29-0.53-0.640.240.37
0.270.340.48-0.940.440.27-0.310.590.39-0.260.470.310.330.370.340.470.250.080.470.410.13-0.530.49-0.08-0.06
0.80.850.96-0.520.820.66-0.490.910.850.070.710.810.840.720.920.93-0.30.560.930.840.09-0.640.490.04-0.13
0.240.160.050.210.060.270.44-0.03-0.140.230.320.130.130.250.110.030.150.350.030.240.050.24-0.080.040.23
0.080.06-0.020.27-0.070.230.53-0.230.030.23-0.170.070.05-0.05-0.150.00.770.130.00.00.210.37-0.06-0.130.23
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Empire State Account Relationship Matchups

Empire State fundamental ratios 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
Other Liab111.7M120.0M109.3M93.9M84.5M90.2M
Retained Earnings15.8M(65.7M)(133.6M)(109.5M)(83.1M)(79.0M)
Other Assets229.1M3.1B4.8B189.8M(1.0)(0.95)
Long Term Debt1.7B2.1B2.3B2.2B2.2B1.9B
Short Term Investments400M0.013K17.9M11.8M11.2M
Property Plant And Equipment Gross29.3M29.1M28.9M28.7M28.4M27.0M
Short Term Debt3.9M387.6M388.2M(86.7M)86.5M97.1M
Net Tangible Assets1.1B895.1M1.2B817.1M939.7M903.8M
Long Term Debt Total1.9B1.7B2.1B2.3B2.7B1.8B
Deferred Long Term Liab228.2M88.3M84.4M187.6M215.7M159.5M
Non Current Liabilities Other39.7M60.8M53.7M42.9M13.8M13.1M
Intangible Assets352.6M344.7M336.9M329.1M321.2M303.1M
Common Stock1.8M1.7M1.7M1.6M1.6M1.7M
Property Plant Equipment2.3B2.2B2.4B2.4B2.8B2.2B
Capital Lease Obligations29.3M29.1M28.9M28.7M28.4M30.7M

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When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock:
Check out Investing Opportunities 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 bureau of labor statistics.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Diversified 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 Empire State. If investors know Empire 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 Empire State 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
0.143
Dividend Share
0.14
Earnings Share
0.27
Revenue Per Share
3.092
Quarterly Revenue Growth
0.017
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State'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 Empire State's market value can be influenced by many factors that don't directly affect Empire State'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 Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State'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.