Public Other Current Assets vs Total Assets Analysis

PSA Stock  USD 337.58  1.73  0.52%   
Public Storage financial indicator trend analysis is much more than just breaking down Public Storage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Storage is a good investment. Please check the relationship between Public Storage Other Current Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Storage Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Public Storage's Other Current Assets and Total Assets is -0.71. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Public Storage, assuming nothing else is changed. The correlation between historical values of Public Storage's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Public Storage are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Public Storage's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Public Storage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Public Storage books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Public Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Storage 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 Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.At present, Public Storage's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.8 B, whereas Selling General Administrative is forecasted to decline to about 43.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.5B3.1B3.4B3.5B
Total Revenue3.4B4.2B4.5B4.7B

Public Storage fundamental ratios Correlations

0.890.670.70.510.570.89-0.10.320.730.480.90.460.9-0.110.680.641.00.630.640.7-0.280.660.61-0.710.17
0.890.520.550.130.631.00.130.330.840.081.00.081.0-0.150.780.640.890.630.610.79-0.340.290.21-0.640.48
0.670.520.450.320.590.55-0.070.310.370.30.550.280.56-0.10.370.240.680.230.190.55-0.280.490.43-0.430.05
0.70.550.450.640.420.53-0.140.290.40.640.550.650.560.490.510.540.70.540.480.460.110.720.66-0.420.15
0.510.130.320.64-0.090.1-0.460.210.010.980.120.990.140.03-0.030.410.50.410.440.10.010.940.93-0.46-0.55
0.570.630.590.42-0.090.670.34-0.120.69-0.060.64-0.090.640.180.89-0.080.58-0.080.010.360.090.20.10.010.66
0.891.00.550.530.10.670.160.310.840.061.00.051.0-0.150.80.590.890.580.570.78-0.320.270.19-0.60.51
-0.10.13-0.07-0.14-0.460.340.160.340.03-0.520.13-0.520.110.170.26-0.19-0.1-0.2-0.06-0.180.28-0.46-0.50.380.6
0.320.330.310.290.21-0.120.310.34-0.140.120.330.140.33-0.05-0.150.590.310.590.570.27-0.140.090.1-0.43-0.1
0.730.840.370.40.010.690.840.03-0.140.00.83-0.020.83-0.130.850.380.740.380.340.68-0.30.220.14-0.450.55
0.480.080.30.640.98-0.060.06-0.520.120.00.080.990.090.09-0.020.320.470.320.410.060.120.960.97-0.38-0.57
0.91.00.550.550.120.641.00.130.330.830.080.071.0-0.150.770.630.90.630.590.8-0.350.290.21-0.640.48
0.460.080.280.650.99-0.090.05-0.520.14-0.020.990.070.090.07-0.050.360.450.360.430.080.10.940.95-0.4-0.58
0.91.00.560.560.140.641.00.110.330.830.091.00.09-0.150.770.630.90.630.60.8-0.350.30.23-0.650.46
-0.11-0.15-0.10.490.030.18-0.150.17-0.05-0.130.09-0.150.07-0.150.22-0.13-0.1-0.13-0.25-0.220.490.070.080.340.38
0.680.780.370.51-0.030.890.80.26-0.150.85-0.020.77-0.050.770.220.160.690.160.170.460.00.220.13-0.170.75
0.640.640.240.540.41-0.080.59-0.190.590.380.320.630.360.63-0.130.160.621.00.790.64-0.510.340.33-0.9-0.05
1.00.890.680.70.50.580.89-0.10.310.740.470.90.450.9-0.10.690.620.620.620.7-0.280.660.61-0.70.18
0.630.630.230.540.41-0.080.58-0.20.590.380.320.630.360.63-0.130.161.00.620.790.64-0.510.340.33-0.9-0.06
0.640.610.190.480.440.010.57-0.060.570.340.410.590.430.6-0.250.170.790.620.790.5-0.030.420.43-0.62-0.15
0.70.790.550.460.10.360.78-0.180.270.680.060.80.080.8-0.220.460.640.70.640.5-0.490.210.16-0.680.23
-0.28-0.34-0.280.110.010.09-0.320.28-0.14-0.30.12-0.350.1-0.350.490.0-0.51-0.28-0.51-0.03-0.490.060.090.740.06
0.660.290.490.720.940.20.27-0.460.090.220.960.290.940.30.070.220.340.660.340.420.210.060.98-0.44-0.4
0.610.210.430.660.930.10.19-0.50.10.140.970.210.950.230.080.130.330.610.330.430.160.090.98-0.43-0.48
-0.71-0.64-0.43-0.42-0.460.01-0.60.38-0.43-0.45-0.38-0.64-0.4-0.650.34-0.17-0.9-0.7-0.9-0.62-0.680.74-0.44-0.430.18
0.170.480.050.15-0.550.660.510.6-0.10.55-0.570.48-0.580.460.380.75-0.050.18-0.06-0.150.230.06-0.4-0.480.18
Click cells to compare fundamentals

Public Storage Account Relationship Matchups

Public Storage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4B11.8B17.4B17.6B19.8B20.8B
Short Long Term Debt Total1.9B2.5B8.0B6.9B9.1B9.6B
Other Current Liab381.3M392.8M(20.4M)506.4M599.0M628.9M
Total Current Liabilities383.3M394.7M482.1M514.7M599.0M363.5M
Total Stockholder Equity9.1B8.6B9.3B10.1B10.0B5.4B
Property Plant And Equipment Net141.9M188.1M272.5M373.0M18.4B19.3B
Net Debt1.5B2.3B6.7B6.1B8.7B9.2B
Retained Earnings(665.6M)(914.8M)(550.4M)(110.2M)(267.9M)(254.5M)
Non Currrent Assets Other174.3M172.7M207.7M15.9B275.1M288.8M
Other Assets10.7B147.7M16.3B200.9M19.1B20.0B
Common Stock Shares Outstanding174.5M174.6M175.6M176.3M176.1M119.2M
Liabilities And Stockholders Equity11.4B11.8B17.4B17.6B19.8B20.8B
Non Current Liabilities Total1.9B2.8B7.5B6.9B9.1B9.6B
Other Stockholder Equity5.7B5.7B5.8B5.9B6.0B3.3B
Total Liab2.3B3.2B8.0B7.4B9.7B10.2B
Property Plant And Equipment Gross141.9M188.1M272.5M373.0M345.5M328.2M
Short Term Debt2.0M1.9M502.5M8.3M810.5M851.0M
Cash409.7M257.6M734.6M775.3M370.0M262.6M
Non Current Assets Total11.0B11.6B16.6B16.8B19.4B20.4B
Cash And Short Term Investments409.7M257.6M734.6M775.3M370.0M256.3M
Total Current Assets409.7M257.6M734.6M775.3M370.0M378.5M
Common Stock Total Equity17.4M17.5M17.5M17.5M20.2M16.1M
Accumulated Other Comprehensive Income(64.9M)(43.4M)(53.6M)(80.3M)(67.2M)(70.6M)
Common Stock17.4M17.5M17.5M17.5M17.6M16.2M
Other Current Assets(409.7M)(257.6M)(734.6M)(775.3M)(370.0M)(351.5M)
Intangible Assets31.3M30.1M137.1M66.7M221.4M232.5M
Long Term Debt1.9B2.5B7.5B6.9B9.1B9.6B
Preferred Stock Total Equity4.1B3.8B4.1B4.4B5.0B3.5B
Property Plant Equipment9.8B10.4B15.3B16.0B18.4B19.4B
Noncontrolling Interest In Consolidated Entity16.8M18.0M20.1M93.4M107.4M112.8M
Accounts Payable383.3M394.7M482.1M514.7M591.9M307.7M
Retained Earnings Total Equity(665.6M)(914.8M)(550.4M)(110.2M)(99.2M)(104.2M)
Net Tangible Assets4.8B4.6B5.0B5.5B6.3B5.4B
Long Term Debt Total1.9B2.5B7.5B6.9B7.9B8.3B
Capital Surpluse5.7B5.7B5.8B5.9B6.8B6.2B

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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 Public Storage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Public 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 Public Storage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Public Storage Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Self-Storage 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 Public Storage. If investors know Public 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 Public Storage 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
(0.33)
Dividend Share
12
Earnings Share
9.64
Revenue Per Share
26.783
Quarterly Revenue Growth
0.034
The market value of Public Storage is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Storage's value that differs from its market value or its book value, called intrinsic value, which is Public Storage'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 Public Storage's market value can be influenced by many factors that don't directly affect Public Storage'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 Public Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Storage'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.