Equinix Net Income vs Depreciation Analysis

EQIX Stock

USD 927.22 5.65 0.61%

Equinix financial indicator trend analysis is much more than just examining Equinix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Equinix is a good investment. Please check the relationship between Equinix Net Income and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Equinix Net Income account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Equinix's Net Income and Depreciation is 0.9. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Equinix, assuming nothing else is changed. The correlation between historical values of Equinix's Net Income and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Equinix are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Equinix's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Equinix financial statement analysis. It represents the amount of money remaining after all of Equinix operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of Equinix value has been used up. For tax purposes Equinix can deduct the cost of the tangible assets it purchases as business expenses. However, Equinix must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Equinix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Equinix 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 Equinix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.At this time, Equinix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 47.37 in 2024, whereas Discontinued Operations is likely to drop slightly above 9.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.2B	3.5B	4.0B	4.2B
Total Revenue	6.6B	7.3B	8.2B	8.6B

Gross Profit Total Revenue

Equinix fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Liab
Total Assets		1.0	0.7	0.91	1.0	0.99	1.0	-0.98	0.6	0.8	1.0	0.94	0.75	0.95	0.76	-0.47	1.0	0.94	0.98	1.0	1.0	0.86	0.66	0.81	0.99	0.96
Short Long Term Debt Total	1.0		0.69	0.91	0.99	0.99	1.0	-0.98	0.61	0.82	0.99	0.94	0.77	0.95	0.76	-0.47	1.0	0.94	0.98	1.0	0.99	0.88	0.67	0.82	0.99	0.95
Other Current Liab	0.7	0.69		0.84	0.7	0.72	0.68	-0.71	-0.12	0.6	0.69	0.66	0.59	0.87	0.31	-0.33	0.66	0.59	0.72	0.7	0.73	0.64	0.76	0.37	0.72	0.7
Total Current Liabilities	0.91	0.91	0.84		0.89	0.9	0.89	-0.9	0.33	0.87	0.89	0.84	0.85	0.94	0.61	-0.45	0.89	0.86	0.89	0.92	0.91	0.9	0.9	0.67	0.9	0.87
Total Stockholder Equity	1.0	0.99	0.7	0.89		0.99	0.99	-0.97	0.59	0.77	1.0	0.94	0.71	0.94	0.74	-0.46	0.99	0.93	0.99	0.99	1.0	0.84	0.63	0.8	0.99	0.95
Property Plant And Equipment Net	0.99	0.99	0.72	0.9	0.99		0.99	-0.98	0.56	0.78	0.99	0.94	0.73	0.95	0.75	-0.43	0.99	0.94	0.99	0.99	1.0	0.86	0.65	0.8	1.0	0.95
Net Debt	1.0	1.0	0.68	0.89	0.99	0.99		-0.97	0.61	0.76	1.0	0.94	0.71	0.95	0.77	-0.45	1.0	0.93	0.98	1.0	0.99	0.84	0.63	0.82	0.99	0.95
Retained Earnings	-0.98	-0.98	-0.71	-0.9	-0.97	-0.98	-0.97		-0.55	-0.83	-0.97	-0.92	-0.77	-0.95	-0.74	0.52	-0.98	-0.92	-0.97	-0.98	-0.98	-0.89	-0.65	-0.8	-0.98	-0.96
Accounts Payable	0.6	0.61	-0.12	0.33	0.59	0.56	0.61	-0.55		0.47	0.6	0.52	0.39	0.35	0.7	-0.37	0.64	0.59	0.54	0.6	0.56	0.49	0.06	0.71	0.56	0.57
Cash	0.8	0.82	0.6	0.87	0.77	0.78	0.76	-0.83	0.47		0.77	0.69	0.97	0.77	0.59	-0.52	0.8	0.8	0.78	0.82	0.79	0.97	0.79	0.65	0.78	0.78
Non Current Assets Total	1.0	0.99	0.69	0.89	1.0	0.99	1.0	-0.97	0.6	0.77		0.94	0.71	0.95	0.76	-0.47	1.0	0.93	0.98	1.0	0.99	0.83	0.63	0.81	0.99	0.96
Non Currrent Assets Other	0.94	0.94	0.66	0.84	0.94	0.94	0.94	-0.92	0.52	0.69	0.94		0.66	0.9	0.63	-0.35	0.93	0.92	0.95	0.93	0.95	0.78	0.61	0.69	0.94	0.84
Cash And Short Term Investments	0.75	0.77	0.59	0.85	0.71	0.73	0.71	-0.77	0.39	0.97	0.71	0.66		0.72	0.56	-0.3	0.74	0.79	0.74	0.77	0.75	0.97	0.8	0.61	0.73	0.71
Net Receivables	0.95	0.95	0.87	0.94	0.94	0.95	0.95	-0.95	0.35	0.77	0.95	0.9	0.72		0.64	-0.46	0.94	0.85	0.93	0.95	0.95	0.83	0.74	0.7	0.95	0.92
Common Stock Shares Outstanding	0.76	0.76	0.31	0.61	0.74	0.75	0.77	-0.74	0.7	0.59	0.76	0.63	0.56	0.64		-0.3	0.78	0.66	0.69	0.77	0.73	0.66	0.34	0.99	0.75	0.79
Short Term Investments	-0.47	-0.47	-0.33	-0.45	-0.46	-0.43	-0.45	0.52	-0.37	-0.52	-0.47	-0.35	-0.3	-0.46	-0.3		-0.47	-0.32	-0.42	-0.47	-0.43	-0.4	-0.36	-0.35	-0.43	-0.55
Non Current Liabilities Total	1.0	1.0	0.66	0.89	0.99	0.99	1.0	-0.98	0.64	0.8	1.0	0.93	0.74	0.94	0.78	-0.47		0.93	0.97	1.0	0.99	0.86	0.62	0.84	0.99	0.96
Other Current Assets	0.94	0.94	0.59	0.86	0.93	0.94	0.93	-0.92	0.59	0.8	0.93	0.92	0.79	0.85	0.66	-0.32	0.93		0.94	0.94	0.94	0.88	0.68	0.71	0.94	0.84
Other Stockholder Equity	0.98	0.98	0.72	0.89	0.99	0.99	0.98	-0.97	0.54	0.78	0.98	0.95	0.74	0.93	0.69	-0.42	0.97	0.94		0.98	0.99	0.85	0.65	0.75	0.99	0.92
Total Liab	1.0	1.0	0.7	0.92	0.99	0.99	1.0	-0.98	0.6	0.82	1.0	0.93	0.77	0.95	0.77	-0.47	1.0	0.94	0.98		0.99	0.88	0.67	0.82	0.99	0.96
Property Plant And Equipment Gross	1.0	0.99	0.73	0.91	1.0	1.0	0.99	-0.98	0.56	0.79	0.99	0.95	0.75	0.95	0.73	-0.43	0.99	0.94	0.99	0.99		0.86	0.66	0.79	1.0	0.94
Total Current Assets	0.86	0.88	0.64	0.9	0.84	0.86	0.84	-0.89	0.49	0.97	0.83	0.78	0.97	0.83	0.66	-0.4	0.86	0.88	0.85	0.88	0.86		0.79	0.72	0.86	0.83
Short Term Debt	0.66	0.67	0.76	0.9	0.63	0.65	0.63	-0.65	0.06	0.79	0.63	0.61	0.8	0.74	0.34	-0.36	0.62	0.68	0.65	0.67	0.66	0.79		0.4	0.65	0.61
Common Stock	0.81	0.82	0.37	0.67	0.8	0.8	0.82	-0.8	0.71	0.65	0.81	0.69	0.61	0.7	0.99	-0.35	0.84	0.71	0.75	0.82	0.79	0.72	0.4		0.8	0.84
Property Plant Equipment	0.99	0.99	0.72	0.9	0.99	1.0	0.99	-0.98	0.56	0.78	0.99	0.94	0.73	0.95	0.75	-0.43	0.99	0.94	0.99	0.99	1.0	0.86	0.65	0.8		0.95
Other Liab	0.96	0.95	0.7	0.87	0.95	0.95	0.95	-0.96	0.57	0.78	0.96	0.84	0.71	0.92	0.79	-0.55	0.96	0.84	0.92	0.96	0.94	0.83	0.61	0.84	0.95

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Equinix Account Relationship Matchups

Equinix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.0B	27.0B	27.9B	30.3B	32.7B	34.3B
Short Long Term Debt Total	13.3B	13.9B	15.0B	16.5B	17.5B	18.3B
Other Current Liab	362.6M	537.2M	275.7M	384.7M	1.6B	1.7B
Total Current Liabilities	2.2B	2.1B	1.6B	1.8B	3.2B	3.3B
Total Stockholder Equity	8.8B	10.6B	10.9B	11.5B	12.5B	13.1B
Property Plant And Equipment Net	12.2B	14.5B	16.7B	16.6B	18.6B	19.5B
Net Debt	11.4B	12.3B	13.5B	14.6B	15.4B	16.1B
Retained Earnings	(2.8B)	(3.4B)	(3.9B)	(4.4B)	(4.8B)	(4.5B)
Accounts Payable	760.7M	876.9M	879.1M	1.0B	162.4M	303.3M
Cash	1.9B	1.6B	1.5B	1.9B	2.1B	2.2B
Non Current Assets Total	21.1B	24.4B	25.0B	27.0B	29.1B	30.5B
Non Currrent Assets Other	485.2M	546.6M	621.2M	983.4M	847.7M	890.1M
Cash And Short Term Investments	1.9B	1.6B	1.5B	1.9B	2.1B	2.2B
Net Receivables	689.1M	676.7M	681.8M	855.4M	1.3B	1.3B
Common Stock Shares Outstanding	84.7M	88.4M	90.4M	91.8M	94.0M	52.1M
Short Term Investments	10.4M	4.5M	117.4M	105.7M	44.0M	41.8M
Liabilities And Stockholders Equity	24.0B	27.0B	27.9B	30.3B	32.7B	34.3B
Non Current Liabilities Total	13.0B	14.3B	15.4B	17.0B	17.0B	17.8B
Other Current Assets	303.5M	355.0M	462.7M	459.1M	468.2M	491.6M
Other Stockholder Equity	12.6B	14.9B	15.9B	17.2B	18.5B	19.5B
Total Liab	15.1B	16.4B	17.0B	18.8B	20.1B	21.1B
Property Plant And Equipment Gross	13.6B	16.0B	16.7B	18.1B	20.0B	21.1B
Total Current Assets	2.9B	2.6B	3.0B	3.3B	3.6B	3.7B
Accumulated Other Comprehensive Income	(934.6M)	(913.4M)	(1.1B)	(1.4B)	(1.6B)	(1.5B)
Short Term Debt	941.7M	524.4M	325.0M	300.8M	1.3B	1.3B
Common Stock	86K	89K	91K	93K	95K	60.7K
Property Plant Equipment	12.2B	14.5B	16.7B	16.6B	18.6B	19.5B
Other Liab	621.7M	949.0M	763.4M	797.9M	917.5M	963.4M
Other Assets	521.1M	2.3B	926.1M	1.0B	1.2B	1.2B
Long Term Debt	9.6B	10.3B	11.6B	12.8B	12.7B	13.4B
Common Stock Total Equity	86K	89K	91K	93K	95K	62.7K
Current Deferred Revenue	92.9M	118.4M	126.1M	148.0M	124.9M	88.3M
Intangible Assets	2.1B	2.2B	1.9B	1.9B	1.7B	1.8B
Good Will	4.8B	5.5B	5.4B	5.7B	5.7B	6.0B
Net Tangible Assets	2.0B	3.0B	3.6B	4.0B	4.5B	4.8B
Retained Earnings Total Equity	(2.8B)	(3.4B)	(3.9B)	(4.4B)	(3.9B)	(3.7B)
Long Term Debt Total	9.6B	10.3B	11.6B	12.8B	14.7B	7.9B
Capital Surpluse	12.7B	15.0B	16.0B	17.3B	19.9B	20.9B

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Equinix Net Income vs Depreciation Analysis

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

Correlation Coefficient

Net Income

Depreciation

Equinix fundamental ratios Correlations

Equinix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Equinix fundamental ratios Accounts

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Additional Tools for Equinix Stock Analysis

COMMON DESTINATIONS

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COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Property Plant Equipment	- 0.98	Retained Earnings
Property Plant And Equipment Gross	- 0.98	Retained Earnings
Total Liab	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Property Plant And Equipment Net
Retained Earnings	- 0.98	Short Long Term Debt Total