Public Total Current Assets vs Cash 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 Total Current Assets and its Cash 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.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Storage Total Current Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Public Storage's Total Current Assets and Cash is 0.68. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash 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 Assets of Public Storage are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Public Storage's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash

Cash refers to the most liquid asset of Public Storage, which is listed under current asset account on Public Storage balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Public Storage customers. The amounts must be unrestricted with restricted cash listed in a different Public Storage account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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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