Public Selling And Marketing Expenses vs Tax Provision Analysis

PSA Stock  USD 257.73  0.95  0.37%   
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 Selling And Marketing Expenses and its Tax Provision 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 tightly coupled 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.

Selling And Marketing Expenses vs Tax Provision

Selling And Marketing Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Storage Selling And Marketing Expenses account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Public Storage's Selling And Marketing Expenses and Tax Provision is 0.82. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Tax Provision 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 Selling And Marketing Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Public Storage are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling And Marketing Expenses i.e., Public Storage's Selling And Marketing Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Selling And Marketing Expenses

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 tightly coupled 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 45 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.5B3.1B3.4B3.5B
Total Revenue3.4B4.2B4.5B4.7B

Public Storage fundamental ratios Correlations

0.9-0.310.70.51-0.110.89-0.10.230.730.480.90.460.9-0.110.660.641.00.630.640.7-0.280.660.61-0.830.17
0.9-0.550.550.12-0.151.00.140.230.840.071.00.071.0-0.150.730.630.90.620.60.79-0.340.290.21-0.780.48
-0.31-0.55-0.040.40.01-0.58-0.410.36-0.740.4-0.540.42-0.530.01-0.840.13-0.320.140.09-0.230.020.190.290.02-0.82
0.70.55-0.040.640.490.53-0.140.240.40.640.550.650.560.490.470.540.70.540.480.460.110.720.66-0.670.15
0.510.120.40.640.030.1-0.460.190.010.980.120.990.140.030.00.410.50.410.440.10.010.940.93-0.5-0.55
-0.11-0.150.010.490.03-0.150.17-0.09-0.130.09-0.150.07-0.151.00.2-0.13-0.1-0.13-0.25-0.220.490.070.080.110.38
0.891.0-0.580.530.1-0.150.160.210.840.061.00.051.0-0.150.750.590.890.580.570.78-0.320.270.19-0.750.51
-0.10.14-0.41-0.14-0.460.170.160.390.03-0.520.13-0.520.110.170.26-0.19-0.1-0.2-0.06-0.180.28-0.46-0.50.150.6
0.230.230.360.240.19-0.090.210.39-0.20.140.220.160.23-0.09-0.190.410.210.410.570.140.090.10.12-0.44-0.19
0.730.84-0.740.40.01-0.130.840.03-0.20.00.83-0.020.83-0.130.820.380.740.380.340.68-0.30.220.14-0.580.55
0.480.070.40.640.980.090.06-0.520.140.00.080.990.090.090.010.320.470.320.410.060.120.960.97-0.45-0.57
0.91.0-0.540.550.12-0.151.00.130.220.830.080.071.0-0.150.730.630.90.630.590.8-0.350.290.21-0.780.48
0.460.070.420.650.990.070.05-0.520.16-0.020.990.070.090.07-0.030.360.450.360.430.080.10.940.95-0.46-0.58
0.91.0-0.530.560.14-0.151.00.110.230.830.091.00.09-0.150.730.630.90.630.60.8-0.350.30.23-0.780.46
-0.11-0.150.010.490.031.0-0.150.17-0.09-0.130.09-0.150.07-0.150.2-0.13-0.1-0.13-0.25-0.220.490.070.080.110.38
0.660.73-0.840.470.00.20.750.26-0.190.820.010.73-0.030.730.20.110.670.10.090.39-0.040.240.15-0.350.71
0.640.630.130.540.41-0.130.59-0.190.410.380.320.630.360.63-0.130.110.621.00.790.64-0.510.340.33-0.85-0.05
1.00.9-0.320.70.5-0.10.89-0.10.210.740.470.90.450.9-0.10.670.620.620.620.7-0.280.660.61-0.820.18
0.630.620.140.540.41-0.130.58-0.20.410.380.320.630.360.63-0.130.11.00.620.790.64-0.510.340.33-0.84-0.06
0.640.60.090.480.44-0.250.57-0.060.570.340.410.590.430.6-0.250.090.790.620.790.5-0.030.420.43-0.81-0.15
0.70.79-0.230.460.1-0.220.78-0.180.140.680.060.80.080.8-0.220.390.640.70.640.5-0.490.210.16-0.720.23
-0.28-0.340.020.110.010.49-0.320.280.09-0.30.12-0.350.1-0.350.49-0.04-0.51-0.28-0.51-0.03-0.490.060.090.290.06
0.660.290.190.720.940.070.27-0.460.10.220.960.290.940.30.070.240.340.660.340.420.210.060.98-0.52-0.4
0.610.210.290.660.930.080.19-0.50.120.140.970.210.950.230.080.150.330.610.330.430.160.090.98-0.51-0.48
-0.83-0.780.02-0.67-0.50.11-0.750.15-0.44-0.58-0.45-0.78-0.46-0.780.11-0.35-0.85-0.82-0.84-0.81-0.720.29-0.52-0.510.0
0.170.48-0.820.15-0.550.380.510.6-0.190.55-0.570.48-0.580.460.380.71-0.050.18-0.06-0.150.230.06-0.4-0.480.0
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 Total1.9B2.5B7.5B6.9B9.1B9.6B
Other Current Liab381.3M392.8M(20.4M)506.4M(211.5M)(200.9M)
Total Current Liabilities383.3M394.7M482.1M514.7M599.0M363.5M
Total Stockholder Equity9.1B8.6B9.3B10.1B10.0B5.4B
Property Plant And Equipment Net141.9M188.1M272.5M373.0M345.5M328.2M
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

Public Storage Investors Sentiment

The influence of Public Storage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Public. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Public Storage's public news can be used to forecast risks associated with an investment in Public. The trend in average sentiment can be used to explain how an investor holding Public can time the market purely based on public headlines and social activities around Public Storage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Public Storage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Public Storage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Public Storage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Public Storage.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Public Storage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Public Storage's short interest history, or implied volatility extrapolated from Public Storage options trading.

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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 tightly coupled 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Public Storage's price analysis, check to measure Public Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Public Storage is operating at the current time. Most of Public Storage's value examination focuses on studying past and present price action to predict the probability of Public Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Storage's price. Additionally, you may evaluate how the addition of Public Storage to your portfolios can decrease your overall portfolio volatility.
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Is Public Storage's industry 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
0.075
Dividend Share
12
Earnings Share
11.06
Revenue Per Share
25.905
Quarterly Revenue Growth
0.064
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.