National Property Plant And Equipment Gross vs Cash Analysis
| NSA-PB Stock | 22.32 0.04 0.18% |
National Storage financial indicator trend analysis is infinitely more than just investigating National Storage Aff recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Storage Aff is a good investment. Please check the relationship between National Storage Property Plant And Equipment Gross and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. 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.
Property Plant And Equipment Gross vs Cash
Property Plant And Equipment Gross vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Storage Aff Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Storage's Property Plant And Equipment Gross and Cash is -0.48. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of National Storage Affiliates, assuming nothing else is changed. The correlation between historical values of National Storage's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of National Storage Affiliates 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 Property Plant And Equipment Gross i.e., National Storage's Property Plant And Equipment Gross and Cash go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Cash
Cash refers to the most liquid asset of National Storage Aff, which is listed under current asset account on National Storage Affiliates balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from National Storage customers. The amounts must be unrestricted with restricted cash listed in a different National 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 National Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Storage Aff 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 National Storage Affiliates. 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. The current year's Tax Provision is expected to grow to about 2.7 M, whereas Selling General Administrative is forecasted to decline to about 58.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 430.4M | 590.5M | 629.1M | 538.7M | Total Revenue | 585.7M | 801.6M | 858.1M | 736.3M |
National Storage fundamental ratios Correlations
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National Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 National Storage Aff offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Storage'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 National Storage Affiliates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Storage Affiliates Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Storage Affiliates. 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. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.