| 0KS3 Stock | | | 348.29 1.44 0.42% |
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 Revenue and its Total Assets 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 Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Public Storage Total Revenue account and
Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Public Storage's Total Revenue and Total Assets is 0.36. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Revenue and Total Assets 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 Revenue of Public Storage are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Public Storage's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Public Storage generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Assets
Total assets refers to the total amount of Public Storage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Public Storage books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit | 1.7B | 2.2B | 3.4B | 1.9B | Total Revenue | 3.4B | 4.2B | 4.5B | 3.2B |
Public Storage fundamental ratios Correlations
Click cells to compare fundamentals
Public Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Public Storage fundamental ratios Accounts
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Additional Tools for Public Stock Analysis
When running Public Storage's price analysis, check to
measure Public Storage'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 Public Storage is operating at the current time. Most of Public Storage's value examination focuses on studying past and present price action to
predict the probability of Public Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Storage's price. Additionally, you may evaluate how the addition of Public Storage to your portfolios can decrease your overall portfolio volatility.