Public Total Current Liabilities vs Property Plant Equipment 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 Liabilities and its Property Plant Equipment 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 Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

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

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Public Storage balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Public 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.

Property Plant Equipment

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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