Elme Other Stockholder Equity vs Short Term Debt Analysis
ELME Stock | USD 16.95 0.26 1.56% |
Elme Communities financial indicator trend analysis is much more than just examining Elme Communities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elme Communities is a good investment. Please check the relationship between Elme Communities Other Stockholder Equity and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
Other Stockholder Equity vs Short Term Debt
Other Stockholder Equity vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elme Communities Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Elme Communities' Other Stockholder Equity and Short Term Debt is 0.13. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Elme Communities, assuming nothing else is changed. The correlation between historical values of Elme Communities' Other Stockholder Equity and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Elme Communities are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Elme Communities' Other Stockholder Equity and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Stockholder Equity
Short Term Debt
Most indicators from Elme Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elme Communities 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 Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.At present, Elme Communities' Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 30.90, whereas Issuance Of Capital Stock is projected to grow to (1.9 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 102.2M | 127.9M | 140.0M | 143.3M | Total Revenue | 169.2M | 209.4M | 227.9M | 188.9M |
Elme Communities fundamental ratios Correlations
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Elme Communities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Elme Communities fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.4B | 1.9B | 1.9B | 1.9B | 1.3B | |
Short Long Term Debt Total | 1.1B | 987.4M | 496.9M | 552.4M | 679.3M | 673.7M | |
Total Stockholder Equity | 1.4B | 1.3B | 1.3B | 1.3B | 1.2B | 609.5M | |
Net Debt | 1.1B | 979.7M | 263.3M | 544.0M | 673.4M | 653.0M | |
Retained Earnings | (183.4M) | (298.9M) | (362.5M) | (453.0M) | (569.4M) | (540.9M) | |
Other Assets | 39.1M | 5.6M | 4.4M | 1.9B | 2.1B | 2.3B | |
Common Stock Shares Outstanding | 80.3M | 82.3M | 84.5M | 87.4M | 87.7M | 53.0M | |
Liabilities And Stockholders Equity | 2.6B | 2.4B | 1.9B | 1.9B | 1.9B | 1.3B | |
Non Current Liabilities Total | 1.1B | 955.4M | 501.6M | 502.9M | 690.8M | 654.3M | |
Other Stockholder Equity | 1.6B | 1.6B | 2.1B | 1.7B | 1.7B | 1.8B | |
Total Liab | 1.2B | 1.1B | 558.9M | 608.8M | 745.7M | 718.0M | |
Property Plant And Equipment Net | 2.4B | 1.5B | 1.6B | 1.8B | 1.8B | 1.3B | |
Non Current Assets Total | 2.4B | 2.3B | 1.6B | 1.8B | 1.9B | 1.4B | |
Non Currrent Assets Other | (5.5M) | (1.6B) | (1.9B) | 23.7M | 1.9B | 1.9B | |
Cash And Short Term Investments | 12.9M | 7.7M | 233.6M | 8.4M | 7.2M | 6.9M | |
Short Term Investments | 9.4M | 10.6M | 5.5M | 2.0M | 1.2M | 1.2M | |
Total Current Assets | 238.5M | 137.6M | 283.2M | 26.2M | 49.4M | 47.0M | |
Other Current Liab | (245.6M) | 44.8M | (482.3M) | (36.0M) | 21.1M | 22.2M | |
Total Current Liabilities | 161.9M | 133.3M | 57.3M | 105.9M | 217.1M | 228.0M | |
Short Term Debt | 295.6M | 42M | 496.9M | 552.4M | 157M | 195.6M | |
Net Receivables | 65.3M | 11.9M | 15.1M | 16.3M | 17.6M | 33.2M | |
Cash | 12.9M | 7.7M | 233.6M | 8.4M | 6.0M | 5.7M | |
Accumulated Other Comprehensive Income | 1.8M | (30.6M) | (19.1M) | (14.2M) | (13.0M) | (13.6M) | |
Common Stock | 821K | 844K | 863K | 875K | 879K | 835.1K | |
Current Deferred Revenue | 9.4M | 7.2M | 2.1M | 1.6M | 5.2M | 5.5M | |
Accounts Payable | 42.7M | 44.1M | 40.6M | 34.4M | 39.0M | 37.5M | |
Other Current Assets | 50.5M | 913.7M | 33.9M | 1.5M | 24.6M | 23.4M | |
Inventory | 65.2M | 603K | 620K | (2.0M) | (1.2M) | (1.2M) | |
Other Liab | 19.9M | 6.7M | 6.8M | 7.1M | 6.4M | 9.6M | |
Net Tangible Assets | 1.4B | 1.3B | 1.3B | 1.3B | 1.5B | 1.4B | |
Long Term Debt | 1.0B | 945.4M | 496.9M | 497.4M | 522.3M | 608.1M | |
Deferred Long Term Liab | 39.1M | 5.6M | 4.4M | 3.9M | 3.5M | 3.3M | |
Net Invested Capital | 2.5B | 2.3B | 1.8B | 1.8B | 1.8B | 1.7B | |
Capital Stock | 821K | 844K | 863K | 875K | 879K | 931.5K | |
Non Current Liabilities Other | 10.6M | 10.0M | 4.7M | 5.6M | 6.2M | 6.3M | |
Net Working Capital | 76.6M | 4.3M | 225.8M | (79.7M) | (190.9M) | (181.4M) | |
Property Plant Equipment | 2.4B | 1.5B | 1.6B | 1.8B | 1.6B | 1.5B |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.