Presidio Other Current Assets vs Short Long Term Debt Total Analysis

SQFT Stock  USD 0.79  0.02  2.60%   
Presidio Property financial indicator trend analysis is much more than just breaking down Presidio Property Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Presidio Property Trust is a good investment. Please check the relationship between Presidio Property Other Current Assets and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Presidio Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Other Current Assets vs Short Long Term Debt Total

Other Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Presidio Property Trust Other Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Presidio Property's Other Current Assets and Short Long Term Debt Total is 0.38. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Presidio Property Trust, assuming nothing else is changed. The correlation between historical values of Presidio Property's Other Current Assets and Short Long Term Debt Total 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 Presidio Property Trust are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Assets i.e., Presidio Property's Other Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Short Long Term Debt Total

Most indicators from Presidio Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Presidio Property Trust 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 Presidio Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to drop to about 6.5 M in 2024. Tax Provision is likely to gain to about (319 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense4.8M4.7M5.0M4.8M
Depreciation And Amortization5.4M5.5M5.4M5.2M

Presidio Property fundamental ratios Correlations

0.98-1.01.00.960.381.00.320.930.970.960.190.98-0.08-0.2-0.270.310.55-0.23-0.430.180.27-0.010.360.45-0.02
0.98-0.990.990.890.540.990.480.851.00.890.361.0-0.09-0.21-0.280.330.58-0.24-0.450.190.29-0.010.380.48-0.03
-1.0-0.99-1.0-0.94-0.42-1.0-0.37-0.91-0.98-0.95-0.23-0.990.090.210.28-0.32-0.560.230.44-0.18-0.270.02-0.37-0.460.03
1.00.99-1.00.950.421.00.360.910.980.950.230.98-0.08-0.21-0.270.320.56-0.23-0.440.180.27-0.010.370.46-0.03
0.960.89-0.940.950.10.950.061.00.871.0-0.10.88-0.07-0.17-0.230.270.46-0.19-0.360.150.23-0.010.30.38-0.02
0.380.54-0.420.420.10.420.930.010.580.10.980.57-0.06-0.15-0.20.230.41-0.17-0.320.130.2-0.010.270.34-0.02
1.00.99-1.01.00.950.420.360.910.980.950.230.98-0.08-0.21-0.270.320.56-0.23-0.440.180.27-0.010.370.46-0.03
0.320.48-0.370.360.060.930.36-0.030.530.060.930.49-0.07-0.17-0.230.270.47-0.2-0.370.150.24-0.010.310.39-0.02
0.930.85-0.910.911.00.010.91-0.030.821.0-0.190.83-0.07-0.16-0.210.240.43-0.18-0.330.140.21-0.010.280.35-0.02
0.971.0-0.980.980.870.580.980.530.820.870.411.0-0.09-0.21-0.290.330.58-0.24-0.460.190.29-0.010.390.48-0.03
0.960.89-0.950.951.00.10.950.061.00.87-0.10.88-0.07-0.17-0.230.270.46-0.19-0.360.150.23-0.010.30.38-0.02
0.190.36-0.230.23-0.10.980.230.93-0.190.41-0.10.39-0.05-0.12-0.160.180.32-0.13-0.250.10.16-0.010.210.26-0.01
0.981.0-0.990.980.880.570.980.490.831.00.880.39-0.09-0.21-0.290.330.58-0.24-0.460.190.29-0.010.380.48-0.03
-0.08-0.090.09-0.08-0.07-0.06-0.08-0.07-0.07-0.09-0.07-0.05-0.090.820.50.490.360.2-0.20.370.750.950.010.380.95
-0.2-0.210.21-0.21-0.17-0.15-0.21-0.17-0.16-0.21-0.17-0.12-0.210.820.590.260.180.220.090.330.610.81-0.270.260.81
-0.27-0.280.28-0.27-0.23-0.2-0.27-0.23-0.21-0.29-0.23-0.16-0.290.50.590.24-0.080.920.030.390.280.53-0.510.190.56
0.310.33-0.320.320.270.230.320.270.240.330.270.180.330.490.260.240.750.16-0.930.40.680.69-0.070.820.69
0.550.58-0.560.560.460.410.560.470.430.580.460.320.580.360.18-0.080.75-0.19-0.750.490.740.470.450.930.45
-0.23-0.240.23-0.23-0.19-0.17-0.23-0.2-0.18-0.24-0.19-0.13-0.240.20.220.920.16-0.19-0.010.30.040.24-0.480.10.27
-0.43-0.450.44-0.44-0.36-0.32-0.44-0.37-0.33-0.46-0.36-0.25-0.46-0.20.090.03-0.93-0.75-0.01-0.3-0.52-0.42-0.1-0.78-0.41
0.180.19-0.180.180.150.130.180.150.140.190.150.10.190.370.330.390.40.490.3-0.30.490.390.30.680.39
0.270.29-0.270.270.230.20.270.240.210.290.230.160.290.750.610.280.680.740.04-0.520.490.820.130.730.81
-0.01-0.010.02-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.01-0.010.950.810.530.690.470.24-0.420.390.82-0.140.531.0
0.360.38-0.370.370.30.270.370.310.280.390.30.210.380.01-0.27-0.51-0.070.45-0.48-0.10.30.13-0.140.28-0.16
0.450.48-0.460.460.380.340.460.390.350.480.380.260.480.380.260.190.820.930.1-0.780.680.730.530.280.52
-0.02-0.030.03-0.03-0.02-0.02-0.03-0.02-0.02-0.03-0.02-0.01-0.030.950.810.560.690.450.27-0.410.390.811.0-0.160.52
Click cells to compare fundamentals

Presidio Property Account Relationship Matchups

Presidio Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets220.8M185.6M161.2M291.4M176.0M167.2M
Total Stockholder Equity39.2M34.9M55.7M174.2M50.9M48.4M
Net Debt144.8M116.1M74.2M80.4M101.2M106.3M
Cash10.4M11.5M14.7M16.5M6.5M6.2M
Non Current Assets Total164.2M131.5M135.1M272.8M161.0M153.0M
Other Assets43.3M167.5M140.3M140.4M126.4M120.0M
Cash And Short Term Investments10.4M11.5M14.7M16.5M6.5M6.2M
Net Receivables4.3M2.8M2.4M2.0M3.0M2.8M
Liabilities And Stockholders Equity220.8M185.6M161.2M291.4M176.0M167.2M
Other Stockholder Equity152.0M156.5M317.4M320.4M313.8M298.1M
Total Current Assets56.6M54.0M26.1M18.5M15.0M14.2M
Intangible Assets374.7K9.3M5.5M4.1M3.2M3.9M
Common Stock177.6K95.0K116.0K130.5M122.7K116.5K
Common Stock Shares Outstanding8.9M9.0M10.3M11.8M11.8M11.3M
Short Long Term Debt Total155.2M127.6M88.9M96.9M107.7M105.1M
Other Current Liab3.0M2.5M2.1M2.1M2.1M2.3M
Total Current Liabilities8.7M7.7M6.7M11.1M6.9M7.1M
Retained Earnings(113.0M)(121.7M)(130.9M)(138.3M)(131.5M)(138.1M)
Accounts Payable5.7M5.1M4.6M9.1M4.8M4.9M
Non Currrent Assets Other155.6M124.9M128.5M130.2M136.6M100.1M
Common Stock Total Equity176.7K177.2K177.6K95.0K85.5K130.6K
Non Current Liabilities Total155.5M127.8M89.0M97.0M107.7M116.2M
Inventory41.3M42.5M11.4M2.0M5.5M5.2M
Other Current Assets601.9K(2.8M)(2.4M)(2.0M)(9.5M)(9.0M)
Total Liab164.2M135.4M95.7M108.1M114.7M123.3M
Accumulated Other Comprehensive Income(113.0M)(121.7M)(130.9M)(138.3M)(131.5M)(138.1M)
Other Liab495.9K309.9K139.0K73.1K65.8K62.5K
Net Tangible Assets35.4M28.4M52.9M41.3M47.5M41.4M
Long Term Debt154.6M127.5M88.9M96.9M107.7M104.5M
Deferred Long Term Liab2.1M1.9M1.5M1.5M1.4M1.9M
Non Current Liabilities Other309.9K139.0K73.1K18.2K13.3K12.6K
Property Plant Equipment158.3M119.6M126.5M128.5M115.6M127.6M
Net Invested Capital193.8M162.4M144.5M271.1M158.6M150.7M
Net Working Capital6.7M6.9M23.8M7.4M8.0M9.3M
Capital Stock177.6K95.0K125.2K130.5M131.6K125.0K

Pair Trading with Presidio Property

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Presidio Property position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Presidio Property will appreciate offsetting losses from the drop in the long position's value.

Moving together with Presidio Stock

  0.66ZG Zillow GroupPairCorr
  0.61DOUG Douglas EllimanPairCorr

Moving against Presidio Stock

  0.75DOMA Doma HoldingsPairCorr
  0.63IRS IRSA Inversiones YPairCorr
  0.59KW Kennedy Wilson HoldingsPairCorr
  0.47RMR RMR Group Fiscal Year End 20th of November 2024 PairCorr
  0.43EXPI eXp World HoldingsPairCorr
The ability to find closely correlated positions to Presidio Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Presidio Property when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Presidio Property - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Presidio Property Trust to buy it.
The correlation of Presidio Property is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Presidio Property moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Presidio Property Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Presidio Property can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Presidio Property Trust is a strong investment it is important to analyze Presidio 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 Presidio Property's future performance. For an informed investment choice regarding Presidio 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 Presidio Property Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Presidio Property Trust information on this page should be used as a complementary analysis to other Presidio Property's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Presidio Stock analysis

When running Presidio Property's price analysis, check to measure Presidio Property'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 Presidio Property is operating at the current time. Most of Presidio Property's value examination focuses on studying past and present price action to predict the probability of Presidio Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presidio Property's price. Additionally, you may evaluate how the addition of Presidio Property to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Global Correlations
Find global opportunities by holding instruments from different markets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Presidio 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 Presidio Property. If investors know Presidio 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 Presidio Property listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.34
Revenue Per Share
1.489
Quarterly Revenue Growth
0.002
Return On Assets
(0)
Return On Equity
0.2309
The market value of Presidio Property Trust is measured differently than its book value, which is the value of Presidio that is recorded on the company's balance sheet. Investors also form their own opinion of Presidio Property's value that differs from its market value or its book value, called intrinsic value, which is Presidio 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 Presidio Property's market value can be influenced by many factors that don't directly affect Presidio 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 Presidio Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Presidio Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Presidio 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.