Empire Total Stockholder Equity vs Other Assets Analysis

ESRT Stock  USD 10.60  0.01  0.09%   
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 Total Stockholder Equity and its Other 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 metropolitan statistical area.

Total Stockholder Equity vs Other Assets

Total Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire State Realty Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Empire State's Total Stockholder Equity and Other Assets is 0.28. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other 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 Total Stockholder Equity and Other 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 Total Stockholder Equity of Empire State Realty are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., Empire State's Total Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Assets

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 metropolitan statistical area.
At this time, Empire State's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 14.55 in 2024, whereas Enterprise Value is likely to drop slightly above 2.1 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense94.4M101.2M109.3M78.7M
Depreciation And Amortization537.2M600.0M592.9M346.7M

Empire State fundamental ratios Correlations

0.940.85-0.210.90.910.10.740.730.570.620.930.920.680.840.86-0.170.790.87-0.640.80.660.280.810.20.67
0.940.93-0.310.960.920.010.830.820.490.670.990.990.710.90.95-0.210.790.96-0.730.840.730.360.870.160.73
0.850.93-0.490.880.75-0.230.910.930.170.650.910.920.680.930.99-0.230.570.99-0.640.820.530.490.960.080.74
-0.21-0.31-0.49-0.41-0.180.57-0.66-0.410.42-0.48-0.28-0.3-0.32-0.36-0.48-0.080.04-0.480.14-0.36-0.03-0.94-0.520.38-0.48
0.90.960.88-0.410.9-0.110.870.770.510.650.950.960.670.90.89-0.260.790.91-0.710.80.660.450.840.080.79
0.910.920.75-0.180.90.230.670.620.690.60.910.910.680.740.78-0.020.890.8-0.70.790.770.280.680.260.68
0.10.01-0.230.57-0.110.23-0.5-0.260.61-0.160.01-0.010.05-0.27-0.190.520.3-0.18-0.12-0.020.39-0.34-0.340.62-0.25
0.740.830.91-0.660.870.67-0.50.830.050.660.810.830.60.90.9-0.30.50.91-0.530.740.380.60.91-0.150.76
0.730.820.93-0.410.770.62-0.260.830.110.330.840.840.40.830.93-0.240.380.93-0.620.580.540.410.860.10.52
0.570.490.170.420.510.690.610.050.110.120.510.490.280.260.21-0.080.780.25-0.490.320.68-0.250.080.440.24
0.620.670.65-0.480.650.6-0.160.660.330.120.580.620.870.670.63-0.120.590.63-0.350.850.230.460.71-0.130.78
0.930.990.91-0.280.950.910.010.810.840.510.581.00.60.870.94-0.230.750.95-0.760.750.790.320.820.110.64
0.920.990.92-0.30.960.91-0.010.830.840.490.621.00.640.890.94-0.230.770.95-0.740.780.750.340.850.110.69
0.680.710.68-0.320.670.680.050.60.40.280.870.60.640.70.64-0.050.710.65-0.370.970.270.370.730.360.82
0.840.90.93-0.360.90.74-0.270.90.830.260.670.870.890.70.92-0.380.640.92-0.680.830.430.340.920.060.77
0.860.950.99-0.480.890.78-0.190.90.930.210.630.940.940.640.92-0.220.571.0-0.680.780.610.480.940.060.69
-0.17-0.21-0.23-0.08-0.26-0.020.52-0.3-0.24-0.08-0.12-0.23-0.23-0.05-0.38-0.22-0.13-0.220.18-0.08-0.060.26-0.280.27-0.2
0.790.790.570.040.790.890.30.50.380.780.590.750.770.710.640.57-0.130.6-0.540.770.590.090.570.360.71
0.870.960.99-0.480.910.8-0.180.910.930.250.630.950.950.650.921.0-0.220.6-0.690.790.620.480.940.060.71
-0.64-0.73-0.640.14-0.71-0.7-0.12-0.53-0.62-0.49-0.35-0.76-0.74-0.37-0.68-0.680.18-0.54-0.69-0.49-0.71-0.18-0.52-0.11-0.4
0.80.840.82-0.360.80.79-0.020.740.580.320.850.750.780.970.830.78-0.080.770.79-0.490.370.410.840.310.87
0.660.730.53-0.030.660.770.390.380.540.680.230.790.750.270.430.61-0.060.590.62-0.710.370.10.350.180.2
0.280.360.49-0.940.450.28-0.340.60.41-0.250.460.320.340.370.340.480.260.090.48-0.180.410.10.5-0.20.56
0.810.870.96-0.520.840.68-0.340.910.860.080.710.820.850.730.920.94-0.280.570.94-0.520.840.350.50.030.81
0.20.160.080.380.080.260.62-0.150.10.44-0.130.110.110.360.060.060.270.360.06-0.110.310.18-0.20.030.11
0.670.730.74-0.480.790.68-0.250.760.520.240.780.640.690.820.770.69-0.20.710.71-0.40.870.20.560.810.11
Click cells to compare fundamentals

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
Property Plant And Equipment Net29.3M29.1M28.9M28.7M28.4M27.0M
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)7.0M6.0M5.7M
Other Liab142.3M150.4M138.0M119.0M136.9M153.2M
Other Assets236.1M3.1B4.8B293.9M(1.0)(0.95)
Long Term Debt1.7B2.1B2.3B2.2B2.2B1.8B
Short Term Investments400M0.013K17.9M11.8M11.2M
Net Tangible Assets384.5M219.0M855.9M133.8M153.9M121.1M
Noncontrolling Interest In Consolidated Entity752.6M719.4M676.1M686.2M617.6M609.0M
Retained Earnings15.8M(65.7M)(133.6M)(109.5M)(83.1M)(79.0M)
Common Stock Total Equity1.7M1.8M1.7M1.7M2.0M1.6M
Retained Earnings Total Equity41.5M15.8M(65.7M)(133.6M)(120.2M)(114.2M)
Long Term Debt Total1.9B1.7B2.1B2.3B2.7B1.8B
Capital Surpluse1.2B1.2B1.1B1.2B1.3B997.4M
Deferred Long Term Liab72.0M88.3M202.4M187.6M215.7M226.5M
Non Current Liabilities Other69.0M60.8M53.7M42.9M49.2M61.8M
Short Term Debt3.9M387.6M388.2M(86.7M)86.5M105.2M

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