Macerich Change To Inventory vs Other Non Cash Items Analysis
MAC Stock | USD 19.72 0.16 0.82% |
Macerich financial indicator trend analysis is infinitely more than just investigating Macerich recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macerich is a good investment. Please check the relationship between Macerich Change To Inventory and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Change To Inventory vs Other Non Cash Items
Change To Inventory vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macerich Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Macerich's Change To Inventory and Other Non Cash Items is 0.59. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Macerich Company, assuming nothing else is changed. The correlation between historical values of Macerich's Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Macerich Company are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., Macerich's Change To Inventory and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Other Non Cash Items
Most indicators from Macerich's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macerich 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Macerich's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 42.08, whereas Selling General Administrative is forecasted to decline to about 18.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 466.6M | 468.8M | 204.1M | 193.9M | Total Revenue | 847.4M | 859.2M | 881.4M | 737.9M |
Macerich fundamental ratios Correlations
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Macerich Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Macerich fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.9B | 9.2B | 8.3B | 8.1B | 7.5B | 7.1B | |
Short Long Term Debt Total | 5.5B | 8.1B | 5.3B | 5.2B | 4.4B | 4.3B | |
Total Stockholder Equity | 2.6B | 2.3B | 3.0B | 2.9B | 2.4B | 2.2B | |
Property Plant And Equipment Net | 148.1M | 6.8B | 6.4B | 6.3B | 118.7M | 112.7M | |
Net Debt | 14.2M | 5.7B | 4.5B | 4.4B | 4.2B | 3.7B | |
Retained Earnings | (1.9B) | (2.3B) | (2.4B) | (2.6B) | (3.1B) | (2.9B) | |
Non Currrent Assets Other | 6.7B | (206.3M) | (175.2M) | 71.7M | 6.1B | 6.4B | |
Other Assets | 221.3M | 8.5B | 6.7B | 328.2M | 6.1B | 6.4B | |
Common Stock Shares Outstanding | 141.3M | 146.2M | 198.1M | 215.0M | 215.5M | 111.5M | |
Liabilities And Stockholders Equity | 8.9B | 9.2B | 8.3B | 8.1B | 7.5B | 7.1B | |
Non Current Liabilities Total | 5.6B | 6.3B | 4.7B | 4.6B | 3.7B | 3.8B | |
Other Stockholder Equity | 4.6B | 6.9B | 7.9B | 8.1B | 5.5B | 5.8B | |
Total Liab | 6.0B | 6.7B | 5.2B | 5.1B | 5.0B | 4.7B | |
Property Plant And Equipment Gross | 148.1M | 118.4M | 6.4B | 6.3B | 118.7M | 112.7M | |
Other Current Liab | 373.5M | 407.0M | 382.2M | 439.8M | 1.2B | 621.6M | |
Total Current Liabilities | 424.5M | 475.8M | 441.4M | 502.9M | 1.3B | 663.1M | |
Accounts Payable | 51.0M | 68.8M | 59.2M | 63.1M | 64.2M | 83.4M | |
Cash | 100.0M | 465.3M | 112.5M | 100.3M | 94.9M | 117.6M | |
Non Current Assets Total | 8.6B | 8.2B | 7.7B | 7.7B | 7.1B | 7.0B | |
Cash And Short Term Investments | 100.0M | 465.3M | 112.5M | 100.3M | 94.9M | 125.0M | |
Net Receivables | 150.2M | 240.8M | 211.4M | 186.9M | 188.2M | 135.4M | |
Common Stock Total Equity | 1.4M | 1.5M | 2.1M | 2.2M | 2.5M | 2.6M | |
Total Current Assets | 264.4M | 1.0B | 633.2M | 368.0M | 378.5M | 450.5M | |
Common Stock | 1.4M | 1.5M | 2.1M | 2.2M | 2.2M | 1.2M | |
Other Liab | 30.2M | 60.4M | 53.8M | 48.4M | 43.5M | 41.4M | |
Long Term Debt | 5.2B | 6.0B | 4.5B | 4.5B | 4.2B | 4.8B | |
Other Current Assets | (264.4M) | 307.0M | 254.9M | 80.8M | 95.4M | 90.6M | |
Accumulated Other Comprehensive Income | (9.1M) | (8.2M) | (24K) | 632K | (952K) | (904.4K) | |
Intangible Assets | 158.6M | 175.5M | 151.8M | 152.6M | 65.4M | 62.1M | |
Net Tangible Assets | 2.6B | 2.3B | 3.0B | 2.9B | 2.6B | 2.7B | |
Noncontrolling Interest In Consolidated Entity | 198.7M | 188.2M | 129.3M | 83.6M | 75.2M | 71.5M | |
Retained Earnings Total Equity | (1.9B) | (2.3B) | (2.4B) | (2.6B) | (2.4B) | (2.3B) | |
Long Term Debt Total | 5.2B | 6.0B | 4.5B | 4.5B | 5.2B | 5.5B | |
Capital Surpluse | 4.6B | 4.6B | 5.5B | 5.5B | 6.3B | 4.9B | |
Inventory | 46.6M | 278.6M | 17.4M | 54.5M | 62.7M | 59.5M | |
Deferred Long Term Liab | 74.7M | 307.0M | 254.9M | 30.7M | 35.3M | 33.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Macerich. If investors know Macerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 39.711 | Dividend Share 0.68 | Earnings Share 0.36 | Revenue Per Share 3.639 | Quarterly Revenue Growth (0.03) |
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macerich's market value can be influenced by many factors that don't directly affect Macerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.