Extra Total Current Liabilities vs Other Current Liab Analysis

0IJV Stock   172.25  1.40  0.81%   
Extra Space financial indicator trend analysis is much more than just examining Extra Space Storage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Extra Space Storage is a good investment. Please check the relationship between Extra Space Total Current Liabilities and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Other Current Liab

Total Current Liabilities vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extra Space Storage Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Extra Space's Total Current Liabilities and Other Current Liab is -0.15. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Extra Space Storage, assuming nothing else is changed. The correlation between historical values of Extra Space's Total Current Liabilities and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Extra Space Storage are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Extra Space's Total Current Liabilities and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Extra Space balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Extra Space Storage are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Liab

Most indicators from Extra Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extra Space Storage 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 153.7 M in 2024, whereas Tax Provision is likely to drop slightly above 10 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue1.6B1.9B2.6B2.7B
Depreciation And Amortization771.7M886.5M506.1M293.1M

Extra Space fundamental ratios Correlations

0.440.980.920.980.970.97-0.030.76-0.140.97-0.491.00.411.00.840.420.890.970.930.490.02-0.070.00.20.25
0.440.320.180.330.550.540.150.320.140.54-0.530.470.580.450.10.580.350.550.230.35-0.76-0.18-0.290.3-0.14
0.980.320.981.00.890.89-0.050.66-0.180.89-0.50.960.320.970.920.330.830.90.990.340.10.050.150.090.31
0.920.180.980.980.80.8-0.070.58-0.20.8-0.470.90.220.920.950.230.760.810.990.250.220.130.250.00.35
0.980.331.00.980.890.89-0.050.65-0.180.89-0.520.960.330.970.920.330.820.90.990.340.090.060.150.090.31
0.970.550.890.80.891.00.00.83-0.091.0-0.450.980.480.970.70.490.91.00.820.63-0.07-0.2-0.180.310.16
0.970.540.890.80.891.00.00.83-0.081.0-0.450.980.480.970.70.480.91.00.820.63-0.05-0.2-0.180.30.16
-0.030.15-0.05-0.07-0.050.00.0-0.150.480.00.02-0.04-0.04-0.02-0.21-0.04-0.130.02-0.06-0.24-0.130.08-0.09-0.06-0.63
0.760.320.660.580.650.830.83-0.15-0.260.83-0.190.780.440.770.560.440.910.790.590.870.08-0.44-0.350.450.22
-0.140.14-0.18-0.2-0.18-0.09-0.080.48-0.26-0.08-0.13-0.15-0.28-0.14-0.49-0.28-0.34-0.07-0.22-0.3-0.180.21-0.15-0.25-0.77
0.970.540.890.80.891.01.00.00.83-0.08-0.450.980.470.970.70.470.91.00.820.63-0.05-0.2-0.170.30.16
-0.49-0.53-0.5-0.47-0.52-0.45-0.450.02-0.19-0.13-0.45-0.49-0.31-0.49-0.4-0.31-0.16-0.47-0.51-0.090.45-0.37-0.170.110.06
1.00.470.960.90.960.980.98-0.040.78-0.150.98-0.490.431.00.820.440.90.980.920.52-0.02-0.12-0.040.220.25
0.410.580.320.220.330.480.48-0.040.44-0.280.47-0.310.430.410.241.00.440.470.310.44-0.35-0.25-0.240.320.19
1.00.450.970.920.970.970.97-0.020.77-0.140.97-0.491.00.410.830.420.890.980.930.50.02-0.08-0.010.20.25
0.840.10.920.950.920.70.7-0.210.56-0.490.7-0.40.820.240.830.240.750.710.940.270.220.110.320.070.57
0.420.580.330.230.330.490.48-0.040.44-0.280.47-0.310.441.00.420.240.450.480.320.44-0.35-0.25-0.240.320.2
0.890.350.830.760.820.90.9-0.130.91-0.340.9-0.160.90.440.890.750.450.880.770.690.08-0.41-0.220.370.38
0.970.550.90.810.91.01.00.020.79-0.071.0-0.470.980.470.980.710.480.880.830.59-0.07-0.17-0.150.280.16
0.930.230.990.990.990.820.82-0.060.59-0.220.82-0.510.920.310.930.940.320.770.830.260.150.120.230.020.36
0.490.350.340.250.340.630.63-0.240.87-0.30.63-0.090.520.440.50.270.440.690.590.260.04-0.53-0.50.460.19
0.02-0.760.10.220.09-0.07-0.05-0.130.08-0.18-0.050.45-0.02-0.350.020.22-0.350.08-0.070.150.040.090.22-0.160.2
-0.07-0.180.050.130.06-0.2-0.20.08-0.440.21-0.2-0.37-0.12-0.25-0.080.11-0.25-0.41-0.170.12-0.530.090.890.02-0.07
0.0-0.290.150.250.15-0.18-0.18-0.09-0.35-0.15-0.17-0.17-0.04-0.24-0.010.32-0.24-0.22-0.150.23-0.50.220.890.160.24
0.20.30.090.00.090.310.3-0.060.45-0.250.30.110.220.320.20.070.320.370.280.020.46-0.160.020.160.13
0.25-0.140.310.350.310.160.16-0.630.22-0.770.160.060.250.190.250.570.20.380.160.360.190.2-0.070.240.13
Click cells to compare fundamentals

Extra Space Account Relationship Matchups

Extra Space fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B9.4B10.5B12.2B27.5B28.8B
Common Stock Shares Outstanding136.4M129.6M140.0M141.7M169.2M102.0M
Liabilities And Stockholders Equity8.5B9.4B10.5B12.2B27.5B28.8B
Total Stockholder Equity2.5B2.5B3.1B3.3B14.4B15.1B
Other Assets93.3M111.3M7.4M4.8M27.5B28.8B
Other Stockholder Equity2.9B3.0B3.3B3.3B14.8B15.5B
Total Liab5.6B6.5B6.7B8.1B12.0B12.6B
Short Long Term Debt Total5.3B6.0B6.2B7.6B11.3B11.8B
Other Current Liab(523.2M)47.1M63.6M67.4M29.5M28.1M
Total Current Liabilities314.6M1.1B740.9M1.2B1.1B1.1B
Property Plant And Equipment Net264.6M252.2M227.9M221.7M275.9M262.1M
Net Debt5.3B5.9B6.1B7.5B11.2B11.7B
Retained Earnings(301.0M)(354.9M)(128.2M)(135.9M)(379.0M)(360.1M)
Accounts Payable111.4M130.0M142.3M171.7M334.5M351.2M
Cash65.7M109.1M71.1M92.9M99.1M68.0M
Non Current Assets Total8.5B9.3B10.4B12.1B26.5B27.8B
Non Currrent Assets Other162.1M130.6M159.2M(1.9B)24.5B25.8B
Cash And Short Term Investments65.7M109.1M71.1M92.9M99.1M69.1M
Non Current Liabilities Total5.3B5.3B5.9B6.9B10.9B11.5B
Total Current Assets70.7M128.0M76.2M92.9M955.9M1.0B
Short Term Debt568.4M949M535M945M723.5M417.4M
Common Stock1.3M1.3M1.3M1.3M2.1M2.2M
Short Term Investments42.3M6.2M270K(558.0M)26.2M27.5M
Accumulated Other Comprehensive Income(29.0M)(99.1M)(42.5M)48.8M17.4M18.3M
Other Current Assets48.6M312.7M546.7M55.2M85.2M92.0M
Intangible Assets134.9M137.1M147.0M21.6M147.6M120.1M
Long Term Debt4.6B4.8B5.0B5.7B6.6B5.4B
Capital Surpluse2.6B2.6B2.9B3.0B3.5B3.0B
Property Plant Equipment8.0B8.1B9.0B10.2B11.8B8.9B
Other Liab101.4M174.5M127.4M144.0M165.6M133.9M
Net Tangible Assets2.5B2.5B3.1B3.1B3.5B2.9B

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