Public Property Plant Equipment vs Net Receivables Analysis

0KS3 Stock   336.91  1.19  0.35%   
Public Storage financial indicator trend analysis is much more than just breaking down Public Storage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Storage is a good investment. Please check the relationship between Public Storage Property Plant Equipment and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Public 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.
For more information on how to buy Public Stock please use our How to Invest in Public Storage guide.

Property Plant Equipment vs Net Receivables

Property Plant Equipment vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Storage Property Plant Equipment account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Public Storage's Property Plant Equipment and Net Receivables is -0.43. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Public Storage, assuming nothing else is changed. The correlation between historical values of Public Storage's Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Public Storage are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Public Storage's Property Plant Equipment and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Net Receivables

Most indicators from Public Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public 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 Public 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.
For more information on how to buy Public Stock please use our How to Invest in Public Storage guide.Selling General Administrative is likely to gain to about 84.1 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.7B2.2B3.4B1.9B
Total Revenue3.4B4.2B4.5B3.2B

Public Storage fundamental ratios Correlations

0.320.580.010.410.7-0.62-0.010.390.530.09-0.01-0.650.670.52-0.28-0.150.730.160.640.450.720.160.120.610.49
0.320.530.610.90.460.30.70.89-0.35-0.60.7-0.61-0.260.85-0.210.420.470.590.60.340.50.460.890.690.92
0.580.530.290.650.85-0.240.290.670.34-0.610.29-0.860.270.8-0.190.020.850.350.950.680.85-0.080.50.820.68
0.010.610.290.71-0.030.650.940.71-0.62-0.390.94-0.33-0.610.69-0.110.81-0.020.720.310.36-0.010.620.730.130.66
0.410.90.650.710.490.270.771.0-0.18-0.580.77-0.65-0.230.9-0.150.460.50.540.710.370.510.420.880.70.99
0.70.460.85-0.030.49-0.420.050.50.57-0.560.05-0.910.450.68-0.11-0.151.0-0.020.90.741.0-0.170.340.940.53
-0.620.3-0.240.650.27-0.420.690.27-0.82-0.370.690.18-1.00.140.270.82-0.440.35-0.25-0.04-0.430.520.48-0.220.15
-0.010.70.290.940.770.050.690.77-0.58-0.511.0-0.34-0.650.72-0.160.790.050.680.350.340.070.580.80.260.71
0.390.890.670.711.00.50.270.77-0.17-0.60.77-0.65-0.230.9-0.160.450.50.540.720.380.510.40.880.70.98
0.53-0.350.34-0.62-0.180.57-0.82-0.58-0.170.09-0.58-0.290.81-0.1-0.11-0.690.56-0.60.360.210.53-0.57-0.380.38-0.15
0.09-0.6-0.61-0.39-0.58-0.56-0.37-0.51-0.60.09-0.510.650.36-0.67-0.07-0.3-0.55-0.15-0.66-0.59-0.560.1-0.68-0.68-0.52
-0.010.70.290.940.770.050.691.00.77-0.58-0.51-0.34-0.650.72-0.160.790.050.680.350.340.070.580.80.260.71
-0.65-0.61-0.86-0.33-0.65-0.910.18-0.34-0.65-0.290.65-0.34-0.22-0.870.17-0.14-0.91-0.22-0.93-0.87-0.92-0.08-0.57-0.88-0.67
0.67-0.260.27-0.61-0.230.45-1.0-0.65-0.230.810.36-0.65-0.22-0.1-0.26-0.780.48-0.310.290.080.46-0.49-0.470.25-0.11
0.520.850.80.690.90.680.140.720.9-0.1-0.670.72-0.87-0.1-0.220.440.690.570.860.710.70.350.820.780.91
-0.28-0.21-0.19-0.11-0.15-0.110.27-0.16-0.16-0.11-0.07-0.160.17-0.26-0.220.3-0.14-0.32-0.16-0.1-0.13-0.16-0.29-0.16-0.2
-0.150.420.020.810.46-0.150.820.790.45-0.69-0.30.79-0.14-0.780.440.3-0.160.520.040.28-0.140.670.49-0.030.38
0.730.470.85-0.020.51.0-0.440.050.50.56-0.550.05-0.910.480.69-0.14-0.160.010.910.731.0-0.170.340.940.54
0.160.590.350.720.54-0.020.350.680.54-0.6-0.150.68-0.22-0.310.57-0.320.520.010.270.160.030.570.540.10.59
0.640.60.950.310.710.9-0.250.350.720.36-0.660.35-0.930.290.86-0.160.040.910.270.740.91-0.10.530.890.73
0.450.340.680.360.370.74-0.040.340.380.21-0.590.34-0.870.080.71-0.10.280.730.160.740.730.060.360.620.36
0.720.50.85-0.010.511.0-0.430.070.510.53-0.560.07-0.920.460.7-0.13-0.141.00.030.910.73-0.150.350.940.55
0.160.46-0.080.620.42-0.170.520.580.4-0.570.10.58-0.08-0.490.35-0.160.67-0.170.57-0.10.06-0.150.53-0.030.4
0.120.890.50.730.880.340.480.80.88-0.38-0.680.8-0.57-0.470.82-0.290.490.340.540.530.360.350.530.580.84
0.610.690.820.130.70.94-0.220.260.70.38-0.680.26-0.880.250.78-0.16-0.030.940.10.890.620.94-0.030.580.72
0.490.920.680.660.990.530.150.710.98-0.15-0.520.71-0.67-0.110.91-0.20.380.540.590.730.360.550.40.840.72
Click cells to compare fundamentals

Public Storage Account Relationship Matchups

Public Storage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M1.9M502.5M17.6B19.8B20.8B
Other Current Liab383.3M394.7M482.1M514.7M598.6M407.1M
Total Current Liabilities383.3M394.7M981.7M514.7M1.4B1.5B
Total Stockholder Equity11.4B11.8B17.4B17.6B10.0B12.4B
Property Plant And Equipment Net9.8B10.4B15.3B16.0B18.4B11.9B
Net Debt(259.2M)(109.9M)(553.6M)(574.3M)8.7B9.2B
Retained Earnings9.1B8.6B9.3B10.1B(267.9M)(254.5M)
Cash409.7M257.6M734.6M775.3M370.0M353.3M
Non Current Assets Total10.9B11.5B16.6B16.7B19.4B13.1B
Non Currrent Assets Other(11.2B)(11.7B)(17.2B)(17.4B)244.7M256.9M
Other Assets(11.4B)(11.8B)(16.9B)200.9M(19.0B)(18.0B)
Cash And Short Term Investments409.7M257.6M734.6M775.3M370.0M353.3M
Common Stock Shares Outstanding7.296.299.8723.5176.1M185.0M
Non Current Liabilities Total1.9B2.5B7.0B6.9B8.3B8.7B
Other Current Assets31.3M25.0M26.7M29.9M30.4M28.9M
Other Stockholder Equity9.8B9.8B13.9B20.9B6.0B11.3B
Total Liab17.4M17.5M17.5M17.5M9.7B10.2B
Total Current Assets441.1M282.6M761.3M805.2M400.4M447.5M
Intangible Assets31.3M38.8M137.1M66.7M221.4M232.5M
Common Stock17.4M17.5M17.5M17.5M17.6M19.1M
Short Long Term Debt Total150.5M147.7M181.0M200.9M9.1B9.6B
Liabilities And Stockholders Equity1.9B2.8B7.5B6.9B19.8B20.8B
Accumulated Other Comprehensive Income9.1B8.6B9.5B10.2B(67.2M)(63.9M)
Short Term Debt1.9B2.8B499.6M6.9B810.5M770.0M
Long Term Debt1.4B1.4B1.9B2.8B3.3B1.8B
Capital Surpluse5.6B5.7B5.7B5.7B6.6B6.2B
Property Plant Equipment9.8B10.4B15.3B16.0B18.4B12.4B
Net Tangible Assets4.8B4.6B4.9B5.5B6.3B5.4B

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