Public Total Assets vs Cash And Short Term Investments Analysis

PSA Stock  USD 271.02  2.18  0.80%   
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 Total Assets and its Cash And Short Term Investments 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.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Storage Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Public Storage's Total Assets and Cash And Short Term Investments is 0.63. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Public Storage are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Public Storage's Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Public Storage balance sheet. This account contains Public Storage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Public Storage fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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

0.9-0.310.70.51-0.20.89-0.10.320.730.480.90.460.9-0.110.680.641.00.630.640.7-0.280.660.61-0.710.17
0.9-0.540.550.12-0.251.00.140.330.840.071.00.071.0-0.150.780.630.90.620.60.79-0.340.290.21-0.630.48
-0.31-0.54-0.030.40.01-0.57-0.40.39-0.740.4-0.540.42-0.530.01-0.850.14-0.320.140.1-0.220.030.190.29-0.1-0.81
0.70.55-0.030.640.320.53-0.140.290.40.640.550.650.560.490.510.540.70.540.480.460.110.720.66-0.420.15
0.510.120.40.640.010.1-0.460.210.010.980.120.990.140.03-0.030.410.50.410.440.10.010.940.93-0.46-0.55
-0.2-0.250.010.320.01-0.240.24-0.09-0.210.13-0.260.11-0.260.670.12-0.33-0.2-0.33-0.11-0.360.760.090.10.540.12
0.891.0-0.570.530.1-0.240.160.310.840.061.00.051.0-0.150.80.590.890.580.570.78-0.320.270.19-0.60.51
-0.10.14-0.4-0.14-0.460.240.160.340.03-0.520.13-0.520.110.170.26-0.19-0.1-0.2-0.06-0.180.28-0.46-0.50.380.6
0.320.330.390.290.21-0.090.310.34-0.140.120.330.140.33-0.05-0.150.590.310.590.570.27-0.140.090.1-0.43-0.1
0.730.84-0.740.40.01-0.210.840.03-0.140.00.83-0.020.83-0.130.850.380.740.380.340.68-0.30.220.14-0.450.55
0.480.070.40.640.980.130.06-0.520.120.00.080.990.090.09-0.020.320.470.320.410.060.120.960.97-0.38-0.57
0.91.0-0.540.550.12-0.261.00.130.330.830.080.071.0-0.150.770.630.90.630.590.8-0.350.290.21-0.640.48
0.460.070.420.650.990.110.05-0.520.14-0.020.990.070.090.07-0.050.360.450.360.430.080.10.940.95-0.4-0.58
0.91.0-0.530.560.14-0.261.00.110.330.830.091.00.09-0.150.770.630.90.630.60.8-0.350.30.23-0.650.46
-0.11-0.150.010.490.030.67-0.150.17-0.05-0.130.09-0.150.07-0.150.22-0.13-0.1-0.13-0.25-0.220.490.070.080.340.38
0.680.78-0.850.51-0.030.120.80.26-0.150.85-0.020.77-0.050.770.220.160.690.160.170.460.00.220.13-0.170.75
0.640.630.140.540.41-0.330.59-0.190.590.380.320.630.360.63-0.130.160.621.00.790.64-0.510.340.33-0.9-0.05
1.00.9-0.320.70.5-0.20.89-0.10.310.740.470.90.450.9-0.10.690.620.620.620.7-0.280.660.61-0.70.18
0.630.620.140.540.41-0.330.58-0.20.590.380.320.630.360.63-0.130.161.00.620.790.64-0.510.340.33-0.9-0.06
0.640.60.10.480.44-0.110.57-0.060.570.340.410.590.430.6-0.250.170.790.620.790.5-0.030.420.43-0.62-0.15
0.70.79-0.220.460.1-0.360.78-0.180.270.680.060.80.080.8-0.220.460.640.70.640.5-0.490.210.16-0.680.23
-0.28-0.340.030.110.010.76-0.320.28-0.14-0.30.12-0.350.1-0.350.490.0-0.51-0.28-0.51-0.03-0.490.060.090.740.06
0.660.290.190.720.940.090.27-0.460.090.220.960.290.940.30.070.220.340.660.340.420.210.060.98-0.44-0.4
0.610.210.290.660.930.10.19-0.50.10.140.970.210.950.230.080.130.330.610.330.430.160.090.98-0.43-0.48
-0.71-0.63-0.1-0.42-0.460.54-0.60.38-0.43-0.45-0.38-0.64-0.4-0.650.34-0.17-0.9-0.7-0.9-0.62-0.680.74-0.44-0.430.18
0.170.48-0.810.15-0.550.120.510.6-0.10.55-0.570.48-0.580.460.380.75-0.050.18-0.06-0.150.230.06-0.4-0.480.18
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 Total1.9B2.5B7.5B6.9B9.1B9.6B
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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Public Storage using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Public Stock analysis

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.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
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
(0.02)
Dividend Share
12
Earnings Share
11.01
Revenue Per Share
26.255
Quarterly Revenue Growth
0.057
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.