Essex Net Debt vs Gross Profit Margin Analysis

ESS Stock

USD 297.63 3.37 1.12%

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

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Essex Property Trust Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Essex Property's Net Debt and Gross Profit Margin is -0.62. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Essex Property Trust, assuming nothing else is changed. The correlation between historical values of Essex Property's Net Debt and Gross Profit Margin 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 Debt of Essex Property Trust are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Essex Property's Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Gross Profit Margin

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

At this time, Essex Property's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 15.30 in 2024, whereas Discontinued Operations is likely to drop slightly above 22.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	959.1M	1.1B	1.1B	1.2B
Total Revenue	1.4B	1.6B	1.7B	1.8B

Gross Profit Total Revenue

Essex Property 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	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Term Debt	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Long Term Debt
Total Assets		0.99	0.15	0.39	0.9	-0.43	0.9	-0.89	1.0	0.98	0.91	0.89	0.99	0.99	0.43	0.95	0.42	0.33	0.7	0.48	0.9	-0.45	0.77	0.91	0.32	0.93
Short Long Term Debt Total	0.99		0.16	0.43	0.85	-0.41	0.88	-0.92	0.98	0.96	0.89	0.87	0.97	1.0	0.53	0.97	0.46	0.38	0.74	0.57	0.88	-0.43	0.82	0.89	0.32	0.92
Other Current Liab	0.15	0.16		0.88	-0.05	-0.19	-0.13	-0.31	0.13	0.15	-0.05	-0.17	0.09	0.17	0.31	0.17	0.84	-0.62	0.75	-0.05	0.02	-0.19	0.55	0.03	-0.03	-0.05
Total Current Liabilities	0.39	0.43	0.88		0.09	-0.24	0.11	-0.61	0.37	0.37	0.13	0.05	0.31	0.46	0.51	0.49	0.91	-0.27	0.85	0.3	0.2	-0.25	0.77	0.21	0.09	0.19
Total Stockholder Equity	0.9	0.85	-0.05	0.09		-0.41	0.96	-0.67	0.91	0.9	0.97	0.96	0.93	0.84	0.27	0.78	0.13	0.31	0.45	0.28	0.96	-0.43	0.52	0.96	0.33	0.96
Property Plant And Equipment Net	-0.43	-0.41	-0.19	-0.24	-0.41		-0.37	0.34	-0.44	-0.59	-0.35	-0.38	-0.44	-0.41	-0.15	-0.4	-0.26	-0.14	-0.36	-0.15	-0.38	1.0	-0.31	-0.38	-0.21	-0.39
Net Debt	0.9	0.88	-0.13	0.11	0.96	-0.37		-0.74	0.9	0.88	0.98	1.0	0.9	0.87	0.36	0.82	0.12	0.46	0.44	0.45	0.97	-0.39	0.57	0.96	0.34	0.99
Retained Earnings	-0.89	-0.92	-0.31	-0.61	-0.67	0.34	-0.74		-0.88	-0.85	-0.74	-0.71	-0.84	-0.94	-0.56	-0.94	-0.66	-0.29	-0.81	-0.57	-0.74	0.36	-0.83	-0.75	-0.19	-0.79
Non Current Assets Total	1.0	0.98	0.13	0.37	0.91	-0.44	0.9	-0.88		0.98	0.91	0.9	0.99	0.98	0.42	0.95	0.4	0.33	0.69	0.46	0.91	-0.45	0.75	0.91	0.32	0.93
Non Currrent Assets Other	0.98	0.96	0.15	0.37	0.9	-0.59	0.88	-0.85	0.98		0.89	0.88	0.98	0.96	0.4	0.93	0.41	0.33	0.68	0.44	0.89	-0.61	0.73	0.89	0.33	0.92
Common Stock Shares Outstanding	0.91	0.89	-0.05	0.13	0.97	-0.35	0.98	-0.74	0.91	0.89		0.98	0.91	0.88	0.34	0.81	0.15	0.34	0.48	0.35	0.97	-0.37	0.57	0.97	0.33	0.98
Non Current Liabilities Total	0.89	0.87	-0.17	0.05	0.96	-0.38	1.0	-0.71	0.9	0.88	0.98		0.9	0.86	0.33	0.8	0.07	0.47	0.4	0.41	0.96	-0.4	0.53	0.96	0.33	0.99
Other Stockholder Equity	0.99	0.97	0.09	0.31	0.93	-0.44	0.9	-0.84	0.99	0.98	0.91	0.9		0.96	0.37	0.93	0.36	0.35	0.65	0.48	0.91	-0.46	0.73	0.91	0.34	0.93
Total Liab	0.99	1.0	0.17	0.46	0.84	-0.41	0.87	-0.94	0.98	0.96	0.88	0.86	0.96		0.5	0.98	0.48	0.37	0.74	0.57	0.87	-0.43	0.82	0.87	0.31	0.91
Short Term Debt	0.43	0.53	0.31	0.51	0.27	-0.15	0.36	-0.56	0.42	0.4	0.34	0.33	0.37	0.5		0.49	0.46	0.22	0.59	0.46	0.42	-0.16	0.62	0.42	0.01	0.4
Accounts Payable	0.95	0.97	0.17	0.49	0.78	-0.4	0.82	-0.94	0.95	0.93	0.81	0.8	0.93	0.98	0.49		0.52	0.4	0.73	0.62	0.81	-0.42	0.82	0.82	0.3	0.87
Cash	0.42	0.46	0.84	0.91	0.13	-0.26	0.12	-0.66	0.4	0.41	0.15	0.07	0.36	0.48	0.46	0.52		-0.26	0.91	0.25	0.19	-0.27	0.76	0.2	-0.09	0.21
Other Assets	0.33	0.38	-0.62	-0.27	0.31	-0.14	0.46	-0.29	0.33	0.33	0.34	0.47	0.35	0.37	0.22	0.4	-0.26		-0.12	0.63	0.28	-0.15	0.16	0.27	0.27	0.44
Cash And Short Term Investments	0.7	0.74	0.75	0.85	0.45	-0.36	0.44	-0.81	0.69	0.68	0.48	0.4	0.65	0.74	0.59	0.73	0.91	-0.12		0.39	0.53	-0.37	0.92	0.54	0.13	0.52
Net Receivables	0.48	0.57	-0.05	0.3	0.28	-0.15	0.45	-0.57	0.46	0.44	0.35	0.41	0.48	0.57	0.46	0.62	0.25	0.63	0.39		0.41	-0.15	0.67	0.41	0.49	0.48
Common Stock Total Equity	0.9	0.88	0.02	0.2	0.96	-0.38	0.97	-0.74	0.91	0.89	0.97	0.96	0.91	0.87	0.42	0.81	0.19	0.28	0.53	0.41		-0.4	0.61	1.0	0.36	0.97
Property Plant And Equipment Gross	-0.45	-0.43	-0.19	-0.25	-0.43	1.0	-0.39	0.36	-0.45	-0.61	-0.37	-0.4	-0.46	-0.43	-0.16	-0.42	-0.27	-0.15	-0.37	-0.15	-0.4		-0.33	-0.4	-0.22	-0.41
Total Current Assets	0.77	0.82	0.55	0.77	0.52	-0.31	0.57	-0.83	0.75	0.73	0.57	0.53	0.73	0.82	0.62	0.82	0.76	0.16	0.92	0.67	0.61	-0.33		0.62	0.35	0.64
Common Stock	0.91	0.89	0.03	0.21	0.96	-0.38	0.96	-0.75	0.91	0.89	0.97	0.96	0.91	0.87	0.42	0.82	0.2	0.27	0.54	0.41	1.0	-0.4	0.62		0.36	0.97
Other Liab	0.32	0.32	-0.03	0.09	0.33	-0.21	0.34	-0.19	0.32	0.33	0.33	0.33	0.34	0.31	0.01	0.3	-0.09	0.27	0.13	0.49	0.36	-0.22	0.35	0.36		0.33
Long Term Debt	0.93	0.92	-0.05	0.19	0.96	-0.39	0.99	-0.79	0.93	0.92	0.98	0.99	0.93	0.91	0.4	0.87	0.21	0.44	0.52	0.48	0.97	-0.41	0.64	0.97	0.33

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Essex Property Account Relationship Matchups

Essex Property fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.7B	12.9B	13.0B	12.4B	12.4B	13.0B
Short Long Term Debt Total	5.9B	6.5B	6.6B	6.0B	6.3B	6.6B
Other Current Liab	(161.9M)	(176.8M)	(183.2M)	(413.2M)	547.4M	574.8M
Total Current Liabilities	55M	182.7M	341.3M	52.1M	1.1B	1.2B
Total Stockholder Equity	6.2B	6.0B	6.0B	5.7B	5.4B	2.8B
Net Debt	5.8B	6.2B	6.3B	6.0B	5.9B	2.9B
Retained Earnings	(887.6M)	(861.2M)	(916.8M)	(1.1B)	(1.3B)	(1.2B)
Non Current Assets Total	12.3B	12.5B	12.4B	12.1B	11.7B	12.3B
Non Currrent Assets Other	10.9B	11.4B	11.2B	10.9B	10.5B	11.0B
Common Stock Shares Outstanding	65.9M	65.6M	65.1M	65.1M	64.3M	39.7M
Liabilities And Stockholders Equity	12.7B	12.9B	13.0B	12.4B	12.4B	13.0B
Non Current Liabilities Total	6.2B	6.7B	6.4B	6.4B	5.6B	2.9B
Other Stockholder Equity	8.0B	7.7B	7.8B	6.8B	6.7B	7.0B
Total Liab	6.3B	6.7B	6.8B	6.5B	6.7B	7.1B
Short Term Debt	55M	203.5M	341.3M	299.8M	403.1M	343.2M
Accounts Payable	158.0M	152.9M	180.8M	165.5M	175.4M	184.2M
Cash	81.1M	84.0M	58.6M	42.7M	391.7M	411.3M
Other Assets	3.8M	12.7B	11.8B	11.1B	(18.5M)	(17.6M)
Cash And Short Term Investments	225.3M	231.8M	250.5M	155.4M	479.5M	503.5M
Net Receivables	134.4M	195.1M	341.0M	103.0M	174.6M	183.4M
Total Current Assets	359.7M	484.9M	591.5M	258.5M	662.8M	695.9M
Accumulated Other Comprehensive Income	(13.9M)	(14.7M)	(5.6M)	46.5M	33.6M	35.2M
Other Liab	36.4M	36.7M	393.1M	37.8M	43.5M	86.9M
Long Term Debt	5.8B	6.3B	6.3B	6.0B	6.2B	3.6B
Short Term Investments	144.2M	147.8M	191.8M	112.7M	87.8M	96.7M
Inventory	(1M)	57.9M	1.0	(9.4M)	(4.3M)	(4.1M)
Other Current Assets	(215.5M)	(279.1M)	(399.7M)	9.4M	8.6M	6.1M
Net Tangible Assets	6.3B	6.0B	6.0B	5.7B	6.6B	5.5B
Noncontrolling Interest In Consolidated Entity	183.1M	182.8M	182.9M	178.7M	205.6M	126.4M
Long Term Debt Total	5.8B	6.3B	6.3B	6.0B	6.9B	5.4B
Capital Surpluse	7.1B	6.9B	6.9B	6.8B	7.8B	6.2B
Deferred Long Term Liab	3.8M	3.7M	4.4M	5.1M	5.9M	6.2M

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