Public Intangible Assets vs Good Will 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 Intangible Assets and its Good Will 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.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Storage Intangible Assets account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Public Storage's Intangible Assets and Good Will is -0.55. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will 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 Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Public Storage are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., Public Storage's Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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

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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.