Macerich Short Term Investments vs Long Term Investments 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 Short Term Investments and its Long Term Investments 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.

Short Term Investments vs Long Term Investments

Short Term Investments vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macerich Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Macerich's Short Term Investments and Long Term Investments is 0.13. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Investments 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 Short Term Investments and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Macerich Company are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Investments i.e., Macerich's Short Term Investments and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Macerich balance sheet. It contains any investments Macerich Company undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Macerich can easily liquidate in the marketplace.

Long Term Investments

Long Term Investments is an item on the asset side of Macerich balance sheet that represents investments Macerich intends to hold for over a year. Macerich Company long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 Profit466.6M468.8M204.1M193.9M
Total Revenue847.4M859.2M881.4M737.9M

Macerich fundamental ratios Correlations

0.780.930.710.70.17-0.16-0.120.590.930.240.950.640.490.690.120.191.00.190.760.330.790.550.450.930.66
0.780.660.550.570.0-0.150.10.480.780.050.80.350.570.660.00.460.760.460.770.270.710.460.10.780.48
0.930.660.770.670.39-0.29-0.30.490.750.060.770.80.480.710.12-0.070.94-0.080.640.220.730.450.520.750.74
0.710.550.770.790.54-0.8-0.320.270.630.040.580.890.260.430.170.110.680.120.51-0.130.80.250.580.570.86
0.70.570.670.790.1-0.490.140.510.620.30.650.630.40.560.170.310.670.320.670.350.810.490.420.650.81
0.170.00.390.540.1-0.61-0.7-0.48-0.01-0.67-0.070.610.020.120.16-0.390.17-0.38-0.26-0.730.3-0.510.64-0.050.55
-0.16-0.15-0.29-0.8-0.49-0.610.360.12-0.120.18-0.03-0.690.120.02-0.05-0.03-0.12-0.03-0.120.51-0.480.11-0.36-0.02-0.64
-0.120.1-0.3-0.320.14-0.70.360.250.010.520.07-0.560.06-0.01-0.130.65-0.140.650.30.560.050.3-0.370.11-0.2
0.590.480.490.270.51-0.480.120.250.580.660.650.260.310.390.030.170.590.160.720.740.280.99-0.010.540.16
0.930.780.750.630.62-0.01-0.120.010.580.40.980.450.340.490.10.430.920.440.780.30.750.540.320.970.49
0.240.050.060.040.3-0.670.180.520.660.40.4-0.09-0.14-0.10.10.420.240.420.470.660.060.68-0.130.39-0.15
0.950.80.770.580.65-0.07-0.030.070.650.980.40.420.440.590.090.410.940.410.80.420.750.610.310.980.5
0.640.350.80.890.630.61-0.69-0.560.260.45-0.090.420.280.450.18-0.340.63-0.340.31-0.10.580.230.620.380.79
0.490.570.480.260.40.020.120.060.310.34-0.140.440.280.910.01-0.010.5-0.020.260.430.390.280.310.430.42
0.690.660.710.430.560.120.02-0.010.390.49-0.10.590.450.91-0.10.00.69-0.010.460.450.610.360.320.590.63
0.120.00.120.170.170.16-0.05-0.130.030.10.10.090.180.01-0.1-0.080.15-0.02-0.17-0.01-0.160.010.510.04-0.08
0.190.46-0.070.110.31-0.39-0.030.650.170.430.420.41-0.34-0.010.0-0.080.151.00.520.150.410.18-0.230.460.02
1.00.760.940.680.670.17-0.12-0.140.590.920.240.940.630.50.690.150.150.150.730.350.750.550.460.920.62
0.190.46-0.080.120.32-0.38-0.030.650.160.440.420.41-0.34-0.02-0.01-0.021.00.150.490.150.410.17-0.180.470.02
0.760.770.640.510.67-0.26-0.120.30.720.780.470.80.310.260.46-0.170.520.730.490.490.70.71-0.110.780.44
0.330.270.22-0.130.35-0.730.510.560.740.30.660.42-0.10.430.45-0.010.150.350.150.490.080.75-0.190.39-0.05
0.790.710.730.80.810.3-0.480.050.280.750.060.750.580.390.61-0.160.410.750.410.70.080.260.380.780.89
0.550.460.450.250.49-0.510.110.30.990.540.680.610.230.280.360.010.180.550.170.710.750.26-0.050.50.13
0.450.10.520.580.420.64-0.36-0.37-0.010.32-0.130.310.620.310.320.51-0.230.46-0.18-0.11-0.190.38-0.050.320.56
0.930.780.750.570.65-0.05-0.020.110.540.970.390.980.380.430.590.040.460.920.470.780.390.780.50.320.52
0.660.480.740.860.810.55-0.64-0.20.160.49-0.150.50.790.420.63-0.080.020.620.020.44-0.050.890.130.560.52
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Macerich Account Relationship Matchups

Macerich fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B9.2B8.3B8.1B7.5B7.1B
Short Long Term Debt Total5.5B8.1B5.3B5.2B4.4B4.3B
Total Stockholder Equity2.6B2.3B3.0B2.9B2.4B2.2B
Property Plant And Equipment Net148.1M6.8B6.4B6.3B118.7M112.7M
Net Debt14.2M5.7B4.5B4.4B4.2B3.7B
Retained Earnings(1.9B)(2.3B)(2.4B)(2.6B)(3.1B)(2.9B)
Non Currrent Assets Other6.7B(206.3M)(175.2M)71.7M6.1B6.4B
Other Assets221.3M8.5B6.7B328.2M6.1B6.4B
Common Stock Shares Outstanding141.3M146.2M198.1M215.0M215.5M111.5M
Liabilities And Stockholders Equity8.9B9.2B8.3B8.1B7.5B7.1B
Non Current Liabilities Total5.6B6.3B4.7B4.6B3.7B3.8B
Other Stockholder Equity4.6B6.9B7.9B8.1B5.5B5.8B
Total Liab6.0B6.7B5.2B5.1B5.0B4.7B
Property Plant And Equipment Gross148.1M118.4M6.4B6.3B118.7M112.7M
Other Current Liab373.5M407.0M382.2M439.8M509.5M601.4M
Total Current Liabilities424.5M475.8M441.4M502.9M573.7M643.0M
Accounts Payable51.0M68.8M59.2M63.1M64.2M83.4M
Cash100.0M465.3M112.5M100.3M94.9M117.6M
Non Current Assets Total8.6B8.2B7.7B7.7B7.1B7.0B
Cash And Short Term Investments100.0M465.3M112.5M100.3M94.9M125.0M
Net Receivables150.2M240.8M211.4M186.9M188.2M135.4M
Common Stock Total Equity1.4M1.5M2.1M2.2M2.5M2.6M
Total Current Assets264.4M1.0B633.2M368.0M378.5M450.5M
Common Stock1.4M1.5M2.1M2.2M2.2M1.2M
Other Liab30.2M60.4M53.8M48.4M43.5M41.4M
Long Term Debt5.2B6.0B4.5B4.5B4.2B4.8B
Other Current Assets(264.4M)307.0M254.9M80.8M95.4M90.6M
Accumulated Other Comprehensive Income(9.1M)(8.2M)(24K)632K(952K)(904.4K)
Intangible Assets158.6M175.5M151.8M152.6M65.4M62.1M
Net Tangible Assets2.6B2.3B3.0B2.9B2.6B2.7B
Noncontrolling Interest In Consolidated Entity198.7M188.2M129.3M83.6M75.2M71.5M
Retained Earnings Total Equity(1.9B)(2.3B)(2.4B)(2.6B)(2.4B)(2.3B)
Long Term Debt Total5.2B6.0B4.5B4.5B5.2B5.5B
Capital Surpluse4.6B4.6B5.5B5.5B6.3B4.9B
Inventory46.6M278.6M17.4M54.5M62.7M59.5M
Deferred Long Term Liab74.7M307.0M254.9M30.7M35.3M33.6M

Also Currently Popular

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.