Piedmont Common Stock Shares Outstanding vs Other Current Liab Analysis

PDM Stock  USD 9.36  0.03  0.32%   
Piedmont Office financial indicator trend analysis is much more than just breaking down Piedmont Office Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piedmont Office Realty is a good investment. Please check the relationship between Piedmont Office Common Stock Shares Outstanding and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Common Stock Shares Outstanding vs Other Current Liab

Common Stock Shares Outstanding vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piedmont Office Realty Common Stock Shares Outstanding account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Piedmont Office's Common Stock Shares Outstanding and Other Current Liab is -0.45. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Piedmont Office Realty, assuming nothing else is changed. The correlation between historical values of Piedmont Office's Common Stock Shares Outstanding and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Piedmont Office Realty are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock Shares Outstanding i.e., Piedmont Office's Common Stock Shares Outstanding and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Liab

Most indicators from Piedmont Office's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piedmont Office Realty 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Piedmont Office's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Discontinued Operations is likely to drop about 71 K.
 2021 2022 2023 2024 (projected)
Interest Expense51.3M65.7M101.3M67.5M
Depreciation And Amortization378.4M405.6M167.6M217.0M

Piedmont Office fundamental ratios Correlations

0.87-0.050.410.250.860.7-0.140.99-0.130.660.650.910.940.880.670.20.73-0.63-0.64-0.67-0.540.830.00.83-0.85
0.870.010.120.30.950.59-0.430.88-0.430.780.510.660.840.950.60.150.76-0.76-0.4-0.64-0.630.830.20.94-0.85
-0.050.010.48-0.44-0.19-0.04-0.110.0-0.12-0.230.340.2-0.15-0.22-0.410.18-0.41-0.15-0.02-0.180.450.07-0.04-0.220.16
0.410.120.48-0.470.040.170.530.430.52-0.150.80.70.150.050.070.42-0.15-0.03-0.34-0.130.530.22-0.260.03-0.01
0.250.3-0.44-0.470.320.03-0.280.18-0.250.41-0.49-0.040.390.360.420.240.54-0.50.240.1-0.670.190.140.34-0.32
0.860.95-0.190.040.320.65-0.430.88-0.430.760.470.620.821.00.60.010.76-0.66-0.44-0.64-0.670.840.10.99-0.85
0.70.59-0.040.170.030.65-0.230.71-0.230.460.430.660.70.670.48-0.270.51-0.26-0.6-0.67-0.480.710.030.61-0.69
-0.14-0.43-0.110.53-0.28-0.43-0.23-0.131.0-0.430.180.1-0.23-0.380.110.31-0.220.520.140.570.55-0.45-0.17-0.410.28
0.990.880.00.430.180.880.71-0.13-0.130.650.70.910.920.890.650.180.7-0.61-0.65-0.68-0.50.840.00.84-0.86
-0.13-0.43-0.120.52-0.25-0.43-0.231.0-0.13-0.430.170.1-0.23-0.380.110.32-0.220.510.140.580.54-0.45-0.18-0.410.28
0.660.78-0.23-0.150.410.760.46-0.430.65-0.430.270.410.750.760.82-0.050.74-0.52-0.3-0.58-0.720.450.660.73-0.81
0.650.510.340.8-0.490.470.430.180.70.170.270.790.440.450.280.090.18-0.14-0.55-0.530.170.48-0.040.44-0.41
0.910.660.20.7-0.040.620.660.10.910.10.410.790.80.640.520.250.45-0.45-0.72-0.63-0.230.72-0.120.57-0.67
0.940.84-0.150.150.390.820.7-0.230.92-0.230.750.440.80.840.740.090.82-0.62-0.66-0.7-0.760.760.120.77-0.94
0.880.95-0.220.050.361.00.67-0.380.89-0.380.760.450.640.840.640.030.79-0.65-0.43-0.61-0.680.830.10.99-0.86
0.670.6-0.410.070.420.60.480.110.650.110.820.280.520.740.640.120.73-0.29-0.26-0.28-0.570.30.540.58-0.74
0.20.150.180.420.240.01-0.270.310.180.32-0.050.090.250.090.030.12-0.03-0.540.170.280.190.08-0.070.00.06
0.730.76-0.41-0.150.540.760.51-0.220.7-0.220.740.180.450.820.790.73-0.03-0.44-0.3-0.42-0.80.560.260.75-0.82
-0.63-0.76-0.15-0.03-0.5-0.66-0.260.52-0.610.51-0.52-0.14-0.45-0.62-0.65-0.29-0.54-0.440.240.430.52-0.7-0.05-0.630.54
-0.64-0.4-0.02-0.340.24-0.44-0.60.14-0.650.14-0.3-0.55-0.72-0.66-0.43-0.260.17-0.30.240.790.35-0.590.2-0.360.59
-0.67-0.64-0.18-0.130.1-0.64-0.670.57-0.680.58-0.58-0.53-0.63-0.7-0.61-0.280.28-0.420.430.790.52-0.7-0.13-0.570.66
-0.54-0.630.450.53-0.67-0.67-0.480.55-0.50.54-0.720.17-0.23-0.76-0.68-0.570.19-0.80.520.350.52-0.52-0.25-0.630.78
0.830.830.070.220.190.840.71-0.450.84-0.450.450.480.720.760.830.30.080.56-0.7-0.59-0.7-0.52-0.270.82-0.69
0.00.2-0.04-0.260.140.10.03-0.170.0-0.180.66-0.04-0.120.120.10.54-0.070.26-0.050.2-0.13-0.25-0.270.08-0.24
0.830.94-0.220.030.340.990.61-0.410.84-0.410.730.440.570.770.990.580.00.75-0.63-0.36-0.57-0.630.820.08-0.79
-0.85-0.850.16-0.01-0.32-0.85-0.690.28-0.860.28-0.81-0.41-0.67-0.94-0.86-0.740.06-0.820.540.590.660.78-0.69-0.24-0.79
Click cells to compare fundamentals

Piedmont Office Account Relationship Matchups

Piedmont Office fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.7B3.9B4.1B4.1B4.5B
Short Long Term Debt Total1.5B2.0B2.2B2.3B2.1B1.8B
Total Current Liabilities178.5M174.6M221.2M195.6M89.9M85.4M
Total Stockholder Equity1.8B1.9B1.8B1.8B1.7B2.0B
Current Deferred Revenue34.6M36.9M80.7M60.0M89.9M94.4M
Net Debt1.5B1.6B1.9B2.0B2.1B1.6B
Accounts Payable117.5M112.0M114.5M110.3M131.5M119.5M
Cash13.5M7.3M7.4M16.5M825K783.8K
Non Current Assets Total3.3B3.5B3.6B3.9B3.9B3.9B
Cash And Short Term Investments13.5M7.3M7.4M16.5M4.2M4.0M
Net Receivables159.3M278.1M284.1M176.8M191.8M177.4M
Common Stock Shares Outstanding126.2M126.1M124.0M123.5M123.7M148.0M
Liabilities And Stockholders Equity3.5B3.7B3.9B4.1B4.1B4.5B
Other Stockholder Equity3.7B3.7B3.7B3.7B3.7B3.9B
Total Liab1.7B1.8B2.1B2.2B2.3B2.0B
Total Current Assets174.7M287.3M301.4M213.5M227.5M216.1M
Short Term Debt205M985K327.6M290M368.3M439.8M
Intangible Assets81.0M90.6M94.4M114.4M82.6M95.9M
Other Current Liab25.4M(301.9M)(264.0M)(324.6M)(499.8M)(474.8M)
Other Liab60.0M72.3M120.0M104.3M93.9M76.1M
Retained Earnings(1.9B)(1.8B)(1.9B)(1.9B)(2.0B)(2.1B)
Non Currrent Assets Other433.7M358.0M348.9M3.7B3.7B3.9B
Other Assets275.2M2.9B3.0B287.3M(31.5M)(29.9M)
Long Term Debt1.5B1.6B1.9B2.0B2.1B1.7B
Common Stock Total Equity1.3M1.2M1.2M1.2M1.1M2.0M
Non Current Liabilities Total1.5B1.7B1.9B2.0B2.1B1.5B
Other Current Assets(174.7M)(287.3M)(293.0M)17.2M34.9M33.1M
Common Stock1.3M1.2M1.2M1.2M1.2M1.9M
Accumulated Other Comprehensive Income967K(24.1M)(18.2M)(8.7M)(9.4M)(9.9M)
Net Tangible Assets1.7B1.8B1.6B1.8B1.6B1.6B
Noncontrolling Interest In Consolidated Entity1.7M1.7M1.6M1.6M1.8M1.6M
Retained Earnings Total Equity(1.9B)(1.8B)(1.9B)(1.9B)(1.7B)(1.8B)
Long Term Debt Total1.5B1.6B1.9B2.0B2.3B1.9B
Capital Surpluse3.7B3.7B3.7B3.7B4.3B4.0B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified 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 Piedmont Office. If investors know Piedmont 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 Piedmont Office 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
(0.70)
Dividend Share
0.5
Earnings Share
(0.63)
Revenue Per Share
4.621
Quarterly Revenue Growth
(0.05)
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office'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 Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office'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 Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office'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.