Simon Selling General Administrative vs Reconciled Depreciation Analysis

SPG Stock  USD 141.36  1.18  0.84%   
Simon Property financial indicator trend analysis is much more than just breaking down Simon Property Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simon Property Group is a good investment. Please check the relationship between Simon Property Selling General Administrative and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Selling General Administrative vs Reconciled Depreciation

Selling General Administrative vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simon Property Group Selling General Administrative account and Reconciled Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Simon Property's Selling General Administrative and Reconciled Depreciation is 0.04. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Simon Property Group, assuming nothing else is changed. The correlation between historical values of Simon Property's Selling General Administrative and Reconciled Depreciation 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 General Administrative of Simon Property Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling General Administrative i.e., Simon Property's Selling General Administrative and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Reconciled Depreciation

Most indicators from Simon Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simon Property Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Simon Property's Selling General Administrative is most likely to decrease significantly in the upcoming years. The Simon Property's current Enterprise Value is estimated to increase to about 75.6 B, while Tax Provision is projected to decrease to roughly 60.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense795.7M762.8M854.6M731.8M
Depreciation And Amortization2.0B1.9B1.3B974.3M

Simon Property fundamental ratios Correlations

0.990.63-0.140.98-0.761.00.690.980.990.980.98-0.380.610.530.310.310.37-0.930.190.31-0.47-0.540.60.97-0.1
0.990.51-0.191.0-0.820.980.690.961.00.951.0-0.40.710.480.370.290.41-0.90.240.33-0.54-0.560.610.98-0.2
0.630.510.150.48-0.120.640.360.660.490.710.47-0.13-0.180.57-0.170.29-0.01-0.69-0.130.00.14-0.190.270.530.49
-0.14-0.190.15-0.190.24-0.16-0.66-0.03-0.19-0.05-0.20.36-0.44-0.05-0.13-0.10.22-0.03-0.07-0.040.20.90.06-0.10.15
0.981.00.48-0.19-0.830.980.690.961.00.951.0-0.410.720.430.390.250.41-0.90.240.34-0.55-0.560.580.98-0.23
-0.76-0.82-0.120.24-0.83-0.76-0.72-0.76-0.83-0.7-0.830.36-0.85-0.19-0.47-0.36-0.720.77-0.27-0.650.840.53-0.54-0.860.44
1.00.980.64-0.160.98-0.760.690.980.980.980.98-0.410.60.490.310.270.34-0.940.180.29-0.46-0.560.540.98-0.1
0.690.690.36-0.660.69-0.720.690.630.70.610.69-0.350.610.450.050.590.37-0.680.040.5-0.54-0.880.470.67-0.16
0.980.960.66-0.030.96-0.760.980.630.960.980.95-0.360.550.450.240.260.39-0.970.070.33-0.43-0.450.540.97-0.09
0.991.00.49-0.191.0-0.830.980.70.960.941.0-0.40.720.480.370.30.42-0.90.240.35-0.56-0.560.610.98-0.21
0.980.950.71-0.050.95-0.70.980.610.980.940.94-0.340.520.470.270.230.32-0.940.140.27-0.38-0.460.530.95-0.01
0.981.00.47-0.21.0-0.830.980.690.951.00.94-0.40.730.460.380.280.42-0.890.240.35-0.56-0.560.610.98-0.23
-0.38-0.4-0.130.36-0.410.36-0.41-0.35-0.36-0.4-0.34-0.4-0.3-0.02-0.390.110.120.30.11-0.280.330.460.13-0.40.04
0.610.71-0.18-0.440.72-0.850.60.610.550.720.520.73-0.30.120.550.220.53-0.480.410.51-0.78-0.580.530.67-0.55
0.530.480.57-0.050.43-0.190.490.450.450.480.470.46-0.020.12-0.130.750.23-0.490.120.19-0.12-0.260.730.40.29
0.310.37-0.17-0.130.39-0.470.310.050.240.370.270.38-0.390.55-0.13-0.220.23-0.140.550.16-0.54-0.160.080.4-0.23
0.310.290.29-0.10.25-0.360.270.590.260.30.230.280.110.220.75-0.220.62-0.410.010.63-0.44-0.250.780.270.09
0.370.41-0.010.220.41-0.720.340.370.390.420.320.420.120.530.230.230.62-0.520.310.77-0.810.010.690.49-0.31
-0.93-0.9-0.69-0.03-0.90.77-0.94-0.68-0.97-0.9-0.94-0.890.3-0.48-0.49-0.14-0.41-0.52-0.07-0.440.470.41-0.56-0.940.06
0.190.24-0.13-0.070.24-0.270.180.040.070.240.140.240.110.410.120.550.010.31-0.07-0.03-0.4-0.090.20.21-0.12
0.310.330.0-0.040.34-0.650.290.50.330.350.270.35-0.280.510.190.160.630.77-0.44-0.03-0.75-0.190.540.41-0.25
-0.47-0.540.140.2-0.550.84-0.46-0.54-0.43-0.56-0.38-0.560.33-0.78-0.12-0.54-0.44-0.810.47-0.4-0.750.34-0.56-0.580.38
-0.54-0.56-0.190.9-0.560.53-0.56-0.88-0.45-0.56-0.46-0.560.46-0.58-0.26-0.16-0.250.010.41-0.09-0.190.34-0.17-0.50.15
0.60.610.270.060.58-0.540.540.470.540.610.530.610.130.530.730.080.780.69-0.560.20.54-0.56-0.170.56-0.07
0.970.980.53-0.10.98-0.860.980.670.970.980.950.98-0.40.670.40.40.270.49-0.940.210.41-0.58-0.50.56-0.19
-0.1-0.20.490.15-0.230.44-0.1-0.16-0.09-0.21-0.01-0.230.04-0.550.29-0.230.09-0.310.06-0.12-0.250.380.15-0.07-0.19
Click cells to compare fundamentals

Simon Property Account Relationship Matchups

Simon Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.2B34.8B33.8B33.0B34.3B24.0B
Short Long Term Debt Total24.7B27.2B25.8B25.5B26.5B17.5B
Total Stockholder Equity2.5B3.0B3.4B3.1B3.0B3.5B
Net Debt24.0B26.2B25.3B24.8B25.3B16.8B
Retained Earnings(5.4B)(6.1B)(5.8B)(5.9B)(6.1B)(5.8B)
Non Current Assets Total29.7B32.5B32.0B31.6B30.7B23.1B
Non Currrent Assets Other25.0B24.2B23.4B22.9B32.1B33.7B
Common Stock Shares Outstanding308.0M308.7M328.6M327.8M326.8M252.1M
Liabilities And Stockholders Equity31.2B34.8B33.8B33.0B34.3B24.0B
Non Current Liabilities Total25.1B27.8B26.4B26.0B27.1B18.3B
Other Stockholder Equity8.0B9.3B9.3B9.2B9.3B6.2B
Total Liab28.1B31.1B29.4B29.2B30.6B19.8B
Other Current Liab239.2M1.4B1.1B(287.7M)1.8B1.3B
Total Current Liabilities3.0B3.4B3.0B3.2B3.5B2.6B
Cash669.4M1.0B533.9M621.6M1.2B892.5M
Other Assets209.3M31.2B30.7B29.7B1K950.0
Cash And Short Term Investments669.4M1.0B533.9M621.6M2.2B2.3B
Net Receivables832.2M1.2B919.7M823.5M1.4B1.5B
Inventory6.9M1.0(538.2M)2.2B2.5B2.6B
Other Current Assets(1.5B)(2.2B)(1.5B)(1.4B)(2.2B)(2.1B)
Property Plant And Equipment Gross514.7M512.9M504.1M496.9M484.1M459.9M
Total Current Assets1.5B2.2B1.8B1.4B3.6B1.8B
Accumulated Other Comprehensive Income(118.6M)(188.7M)(185.2M)(164.9M)(172.8M)(181.4M)
Other Liab413.8M513.5M540.9M452.2M407.0M640.9M
Accounts Payable1.4B1.3B1.4B1.5B1.7B1.3B
Long Term Debt24.2B26.7B25.3B25.0B26.0B20.2B
Preferred Stock Total Equity42.4M42.1M41.8M41.4M37.3M35.4M
Treasury Stock(1.4B)(1.8B)(1.9B)(1.9B)(1.7B)(1.6B)
Intangible Assets75.8M35.0M33.3M17.8M8.7M8.3M
Short Term Investments330.8M293.8M37.9B361.5M1B950M
Noncontrolling Interest In Consolidated Entity384.9M432.9M491.5M473.1M425.8M448.4M
Retained Earnings Total Equity(5.4B)(6.1B)(5.8B)(5.9B)(5.3B)(5.6B)
Deferred Long Term Liab209.3M1.1B1.1B97.6M112.2M106.6M
Property Plant Equipment23.9B23.2B22.8B22.3B25.6B22.1B
Net Tangible Assets2.7B3.2B3.3B3.3B3.0B3.4B
Capital Surpluse9.8B11.2B11.2B11.2B12.9B10.8B

Simon Property Investors Sentiment

The influence of Simon Property'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 Simon. 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 Simon Property's public news can be used to forecast risks associated with an investment in Simon. The trend in average sentiment can be used to explain how an investor holding Simon can time the market purely based on public headlines and social activities around Simon Property Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Simon Property'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 Simon Property'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 Simon Property's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Simon Property.

Simon Property Implied Volatility

    
  35.5  
Simon Property's implied volatility exposes the market's sentiment of Simon Property Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Simon Property's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Simon Property stock will not fluctuate a lot when Simon Property's options are near their expiration.
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 Simon Property 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, Simon Property's short interest history, or implied volatility extrapolated from Simon Property options trading.

Currently Active Assets on Macroaxis

When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Simon Property'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 Simon Property. If investors know Simon 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 Simon Property 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
0.113
Dividend Share
7.45
Earnings Share
6.98
Revenue Per Share
17.316
Quarterly Revenue Growth
0.091
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property'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 Simon Property's market value can be influenced by many factors that don't directly affect Simon Property'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 Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property'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.