Elme Non Operating Income Net Other from 2010 to 2024

ELME Stock  USD 16.94  0.01  0.06%   
Elme Communities' Non Operating Income Net Other is increasing over the years with slightly volatile fluctuation. Non Operating Income Net Other is expected to dwindle to about -5.1 M. During the period from 2010 to 2024 Elme Communities Non Operating Income Net Other annual values regression line had coefficient of variation of (32.34) and r-squared of  0.48. View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2010-12-31
Previous Quarter
-4.8 M
Current Value
-5.1 M
Quarterly Volatility
4.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elme Communities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elme Communities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 77 M, Total Revenue of 188.9 M or Gross Profit of 143.3 M, as well as many indicators such as Price To Sales Ratio of 8.47, Dividend Yield of 0.0573 or PTB Ratio of 1.05. Elme financial statements analysis is a perfect complement when working with Elme Communities Valuation or Volatility modules.
  
Check out the analysis of Elme Communities Correlation against competitors.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.

Latest Elme Communities' Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of Elme Communities over the last few years. It is Elme Communities' Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elme Communities' overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

Elme Non Operating Income Net Other Regression Statistics

Arithmetic Mean(12,528,419)
Coefficient Of Variation(32.34)
Mean Deviation3,128,929
Median(14,484,000)
Standard Deviation4,052,016
Sample Variance16.4T
Range10.3M
R-Value0.69
Mean Square Error9.3T
R-Squared0.48
Significance0
Slope625,463
Total Sum of Squares229.9T

Elme Non Operating Income Net Other History

2024-5.1 M
2023-4.8 M
2022-4.2 M

About Elme Communities Financial Statements

Elme Communities stakeholders use historical fundamental indicators, such as Elme Communities' Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although Elme Communities investors may analyze each financial statement separately, they are all interrelated. For example, changes in Elme Communities' assets and liabilities are reflected in the revenues and expenses on Elme Communities' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Elme Communities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Operating Income Net Other-4.8 M-5.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of Elme Communities Correlation against competitors.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.