Macerich Financials

0JX5 Stock   19.97  0.34  1.73%   
You can employ fundamental analysis to find out if Macerich is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and collect twenty-five available fundamentals for Macerich, which can be compared to its peers in the industry. The stock experiences a large bullish trend. Check odds of Macerich to be traded at 21.97 in 90 days. Key indicators impacting Macerich's financial strength include:
Operating Margin
0.1371
PE Ratio
1.044
Profit Margin
0.1006
Payout Ratio
0.3779
Return On Equity
0.0348
  
Understanding current and past Macerich Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Macerich's financial statements are interrelated, with each one affecting the others. For example, an increase in Macerich's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Macerich's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Macerich Co. Check Macerich's Beneish M Score to see the likelihood of Macerich's management manipulating its earnings.

Macerich Stock Summary

Macerich competes with Bellevue Healthcare, Naturhouse Health, Public Storage, Automatic Data, and Cardinal Health. Macerich is entity of United Kingdom. It is traded as Stock on LSE exchange.
Specialization
Industrials, Commercial & Professional Services
InstrumentUK Stock View All
ExchangeLondon Exchange
Business Address401 Wilshire Boulevard,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.macerich.com
Phone310 394 6000
You should never invest in Macerich without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Macerich Stock, because this is throwing your money away. Analyzing the key information contained in Macerich's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Macerich Key Financial Ratios

There are many critical financial ratios that Macerich's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Macerich reports annually and quarterly.

Macerich Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.9B9.2B8.3B8.1B7.5B7.1B
Net Debt14.2M5.7B4.5B4.4B4.2B3.7B
Retained Earnings(1.9B)(2.3B)(2.4B)(2.6B)(3.1B)(2.9B)
Other Assets221.3M212.0M179.5M174.4M7.5B7.9B
Total Liab6.0B6.7B5.2B5.1B5.0B4.7B
Other Current Liab373.5M407.0M382.2M439.8M1.2B1.3B
Accounts Payable51.0M68.8M59.2M63.1M64.2M73.9M
Cash100.0M465.3M112.5M100.3M94.9M117.6M
Net Receivables150.2M240.8M211.4M186.9M188.2M129.6M
Total Current Assets264.4M1.0B633.2M368.0M378.5M450.5M
Common Stock1.4M1.5M2.1M2.2M2.2M1.2M
Other Current Assets14.2M17.4M254.9M80.8M95.4M101.7M
Inventory46.6M278.6M17.4M54.5M62.7M71.4M
Intangible Assets158.6M175.5M151.8M152.6M65.4M62.1M
Long Term Debt5.2B5.4B5.5B6.2B7.1B6.0B
Good Will30.8M30.8M23.4M23.1M24.0M23.2M
Capital Surpluse4.5B4.6B4.6B4.6B5.3B5.0B
Short Term Debt327.2M2.1B813.3M603.8M823.1M1.0B
Other Liab37.1M71.1M53.8M48.4M43.5M43.7M
Net Tangible Assets2.6B2.2B3.0B2.8B2.5B2.2B

Macerich Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue927.5M786.0M847.4M859.2M881.4M737.9M
Gross Profit559.5M438.0M466.6M468.8M204.1M193.9M
Operating Income254.7M(102.2M)141.1M144.8M177.6M201.4M
Ebit(59.3M)(402.7M)(278.9M)(296.3M)(105.7M)(100.4M)
Ebitda585.4M155.7M452.2M436.4M190.7M181.2M
Net Income96.8M(245.5M)14.3M(65.1M)(274.1M)(260.4M)
Income Tax Expense1.6M(447K)6.9M705K(494K)(469.3K)
Interest Expense138.3M75.6M192.7M216.9M172.9M147.6M
Income Before Tax104.1M(245.9M)23.1M(64.4M)(273.6M)(259.9M)
Cost Of Revenue368.0M348.0M380.9M390.4M677.3M368.2M
Tax Provision1.4M(3.6M)1.6M(447K)(402.3K)(382.2K)
Interest Income85.5M71.8M48.5M27.0M24.3M46.4M
Research Development0.120.210.160.060.080.1

Macerich Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(35.1M)368.4M(315.7M)14.2M9.2M9.6M
Free Cash Flow355.2M124.8M286.4M337.5M295.5M310.3M
Depreciation332.5M324.0M322.5M300.3M296.4M242.6M
Other Non Cash Items(76.2M)123.2M(127.1M)79.1M242.2M254.3M
Capital Expenditures21.1M23.1M110.9M97.9M159.5M265.7M
Net Income96.8M(230.2M)14.3M(66.1M)(274.1M)(260.4M)
End Period Cash Flow114.2M482.7M167.0M181.1M190.3M121.7M
Change To Inventory(23.8M)(12.3M)40.2M17.9M16.1M17.0M
Dividends Paid424.3M165.4M118.3M133.3M146.6M289.6M
Investments13.4M(54.0M)7.1M70.6M63.5M72.4M
Net Borrowings199.5M628.6M(1.5B)(131.0M)(117.9M)(123.8M)
Change To Netincome(94.7M)138.9M(94.8M)42.9M49.4M51.8M

Macerich Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Macerich's current stock value. Our valuation model uses many indicators to compare Macerich value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Macerich competition to find correlations between indicators driving Macerich's intrinsic value. More Info.
Macerich Co is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.17  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Macerich Co is roughly  5.90 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Macerich's earnings, one of the primary drivers of an investment's value.

Macerich Systematic Risk

Macerich's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Macerich volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Macerich correlated with the market. If Beta is less than 0 Macerich generally moves in the opposite direction as compared to the market. If Macerich Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Macerich is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Macerich is generally in the same direction as the market. If Beta > 1 Macerich moves generally in the same direction as, but more than the movement of the benchmark.

Macerich Co Total Assets Over Time

Macerich November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Macerich help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Macerich Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Macerich Co based on widely used predictive technical indicators. In general, we focus on analyzing Macerich Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Macerich's daily price indicators and compare them against related drivers.

Additional Tools for Macerich Stock Analysis

When running Macerich's price analysis, check to measure Macerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.