Empire Price To Sales Ratio vs Interest Coverage Analysis
ESBA Stock | USD 10.88 0.23 2.07% |
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 Price To Sales Ratio and its Interest Coverage 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.
Price To Sales Ratio vs Interest Coverage
Price To Sales Ratio vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empire State Realty Price To Sales Ratio account and Interest Coverage. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Empire State's Price To Sales Ratio and Interest Coverage is 0.4. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Interest Coverage 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 Price To Sales Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Empire State Realty are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Price To Sales Ratio i.e., Empire State's Price To Sales Ratio and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Empire State Realty stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Empire State sales, a figure that is much harder to manipulate than other Empire State Realty multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Interest Coverage
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 Expense | 94.4M | 101.2M | 109.3M | 78.7M | Depreciation And Amortization | 537.2M | 600.0M | 592.9M | 622.5M |
Empire State fundamental ratios Correlations
Click cells to compare fundamentals
Empire State Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Empire State fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 294.7M | 278.2M | 275.0M | 269.9M | 265.6M | 229.0M | |
Total Assets | 3.9B | 4.2B | 4.3B | 4.2B | 4.2B | 3.4B | |
Short Long Term Debt Total | 1.7B | 2.2B | 2.3B | 2.3B | 2.3B | 1.8B | |
Other Current Liab | (3.9M) | (419.9M) | (429.9M) | (41.6M) | (31.0M) | (32.6M) | |
Total Current Liabilities | 215.8M | 191.5M | 205.2M | 162.8M | 170.0M | 143.6M | |
Total Stockholder Equity | 1.9B | 1.7B | 1.7B | 1.7B | 985.5M | 1.3B | |
Current Deferred Revenue | 72.0M | 88.3M | 84.4M | 76.1M | 70.3M | 45.3M | |
Net Debt | 1.5B | 1.6B | 1.9B | 2.0B | 1.9B | 1.5B | |
Accounts Payable | 143.8M | 32.3M | 41.7M | 32.9M | 44.2M | 76.2M | |
Cash | 233.9M | 526.7M | 423.7M | 264.4M | 407.0M | 260.5M | |
Non Current Assets Total | 3.3B | 3.3B | 3.5B | 3.5B | 3.5B | 2.8B | |
Non Currrent Assets Other | 2.5B | 2.4B | 2.6B | 2.6B | 2.7B | 1.9B | |
Cash And Short Term Investments | 233.9M | 526.7M | 423.7M | 264.4M | 407.0M | 289.9M | |
Net Receivables | 246.4M | 244.0M | 243.6M | 264.3M | 295.5M | 178.8M | |
Liabilities And Stockholders Equity | 3.9B | 4.2B | 4.3B | 4.2B | 4.2B | 3.4B | |
Non Current Liabilities Total | 1.8B | 2.2B | 2.4B | 2.3B | 2.3B | 1.9B | |
Other Current Assets | (518.0M) | 118.4M | 127.5M | 85.8M | (702.4M) | (667.3M) | |
Other Stockholder Equity | 1.9B | 1.1B | 1.2B | 1.1B | 1.0B | 1.1B | |
Total Liab | 2.0B | 2.4B | 2.6B | 2.5B | 2.5B | 2.0B | |
Total Current Assets | 583.4M | 889.2M | 794.8M | 712.6M | 702.4M | 581.6M | |
Accumulated Other Comprehensive Income | (21.5M) | (28.3M) | (20.8M) | 7.0M | 6.0M | 6.3M | |
Other Liab | 111.7M | 120.0M | 109.3M | 93.9M | 84.5M | 90.2M | |
Retained Earnings | 15.8M | (65.7M) | (133.6M) | (109.5M) | (83.1M) | (79.0M) | |
Other Assets | 229.1M | 3.1B | 4.8B | 189.8M | (1.0) | (0.95) | |
Long Term Debt | 1.7B | 2.1B | 2.3B | 2.2B | 2.2B | 1.9B | |
Short Term Investments | 400M | 0.0 | 13K | 17.9M | 11.8M | 11.2M | |
Property Plant And Equipment Gross | 29.3M | 29.1M | 28.9M | 28.7M | 28.4M | 27.0M | |
Short Term Debt | 3.9M | 387.6M | 388.2M | (86.7M) | 86.5M | 97.1M | |
Net Tangible Assets | 1.1B | 895.1M | 1.2B | 817.1M | 939.7M | 903.8M | |
Long Term Debt Total | 1.9B | 1.7B | 2.1B | 2.3B | 2.7B | 1.8B | |
Deferred Long Term Liab | 228.2M | 88.3M | 84.4M | 187.6M | 215.7M | 159.5M | |
Non Current Liabilities Other | 39.7M | 60.8M | 53.7M | 42.9M | 13.8M | 13.1M | |
Intangible Assets | 352.6M | 344.7M | 336.9M | 329.1M | 321.2M | 303.1M | |
Common Stock | 1.8M | 1.7M | 1.7M | 1.6M | 1.6M | 1.7M | |
Property Plant Equipment | 2.3B | 2.2B | 2.4B | 2.4B | 2.8B | 2.2B | |
Capital Lease Obligations | 29.3M | 29.1M | 28.9M | 28.7M | 28.4M | 30.7M |
Also Currently Popular
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 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.