Piedmont Short Term Debt vs Total Current Liabilities Analysis
PDM Stock | USD 9.44 0.08 0.85% |
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 Short Term Debt and its Total Current Liabilities 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.
Short Term Debt vs Total Current Liabilities
Short Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piedmont Office Realty Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Piedmont Office's Short Term Debt and Total Current Liabilities is 0.18. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt and Total Current Liabilities 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 Debt of Piedmont Office Realty are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Piedmont Office's Short Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Total Current Liabilities
Total Current Liabilities is an item on Piedmont Office balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Piedmont Office Realty are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 26th 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 Expense | 51.3M | 65.7M | 101.3M | 67.5M | Depreciation And Amortization | 378.4M | 405.6M | 153.8M | 216.3M |
Piedmont Office fundamental ratios Correlations
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Piedmont Office Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Piedmont Office fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.7B | 3.9B | 4.1B | 4.1B | 4.5B | |
Short Long Term Debt Total | 1.5B | 2.0B | 2.2B | 2.3B | 2.1B | 1.8B | |
Total Current Liabilities | 178.5M | 174.6M | 221.2M | 195.6M | 89.9M | 85.4M | |
Total Stockholder Equity | 1.8B | 1.9B | 1.8B | 1.8B | 1.7B | 2.0B | |
Current Deferred Revenue | 34.6M | 36.9M | 80.7M | 60.0M | 89.9M | 94.4M | |
Net Debt | 1.5B | 1.6B | 1.9B | 2.0B | 2.1B | 1.6B | |
Accounts Payable | 117.5M | 112.0M | 114.5M | 110.3M | 131.5M | 119.5M | |
Cash | 13.5M | 7.3M | 7.4M | 16.5M | 825K | 783.8K | |
Non Current Assets Total | 3.3B | 3.5B | 3.6B | 3.9B | 3.8B | 3.9B | |
Cash And Short Term Investments | 13.5M | 7.3M | 7.4M | 16.5M | 4.2M | 4.0M | |
Net Receivables | 159.3M | 278.1M | 284.1M | 176.8M | 191.8M | 177.4M | |
Common Stock Shares Outstanding | 126.2M | 126.1M | 124.0M | 123.5M | 123.7M | 148.0M | |
Liabilities And Stockholders Equity | 3.5B | 3.7B | 3.9B | 4.1B | 4.1B | 4.5B | |
Other Stockholder Equity | 3.7B | 3.7B | 3.7B | 3.7B | 3.7B | 3.9B | |
Total Liab | 1.7B | 1.8B | 2.1B | 2.2B | 2.3B | 2.0B | |
Total Current Assets | 174.7M | 287.3M | 301.4M | 213.5M | 227.5M | 216.1M | |
Short Term Debt | 205M | 985K | 327.6M | 290M | 368.3M | 439.8M | |
Intangible Assets | 81.0M | 90.6M | 94.4M | 114.4M | 82.6M | 95.9M | |
Other Current Liab | 25.4M | (301.9M) | (264.0M) | (324.6M) | (499.8M) | (474.8M) | |
Other Liab | 60.0M | 72.3M | 120.0M | 104.3M | 93.9M | 76.1M | |
Retained Earnings | (1.9B) | (1.8B) | (1.9B) | (1.9B) | (2.0B) | (2.1B) | |
Non Currrent Assets Other | 433.7M | 358.0M | 348.9M | 3.7B | 3.7B | 3.9B | |
Other Assets | 275.2M | 2.9B | 3.0B | 287.3M | (31.5M) | (29.9M) | |
Long Term Debt | 1.5B | 1.6B | 1.9B | 2.0B | 2.1B | 1.7B | |
Common Stock Total Equity | 1.3M | 1.2M | 1.2M | 1.2M | 1.1M | 2.0M | |
Non Current Liabilities Total | 1.5B | 1.7B | 1.9B | 2.0B | 2.2B | 1.5B | |
Other Current Assets | (174.7M) | (287.3M) | (293.0M) | 17.2M | 34.9M | 33.1M | |
Common Stock | 1.3M | 1.2M | 1.2M | 1.2M | 1.2M | 1.9M | |
Accumulated Other Comprehensive Income | 967K | (24.1M) | (18.2M) | (8.7M) | (9.4M) | (9.9M) | |
Net Tangible Assets | 1.7B | 1.8B | 1.6B | 1.8B | 1.6B | 1.6B | |
Noncontrolling Interest In Consolidated Entity | 1.7M | 1.7M | 1.6M | 1.6M | 1.8M | 1.6M | |
Retained Earnings Total Equity | (1.9B) | (1.8B) | (1.9B) | (1.9B) | (1.7B) | (1.8B) | |
Long Term Debt Total | 1.5B | 1.6B | 1.9B | 2.0B | 2.3B | 1.9B | |
Capital Surpluse | 3.7B | 3.7B | 3.7B | 3.7B | 4.3B | 4.0B |
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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.