Extra Total Assets vs Cash And Equivalents Analysis
EXR Stock | USD 148.10 0.38 0.26% |
Extra Space financial indicator trend analysis is much more than just examining Extra Space Storage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Extra Space Storage is a good investment. Please check the relationship between Extra Space Total Assets and its Cash And Equivalents accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Total Assets vs Cash And Equivalents
Total Assets vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extra Space Storage Total Assets account and Cash And Equivalents. At this time, the significance of the direction appears to have strong relationship.
The correlation between Extra Space's Total Assets and Cash And Equivalents is 0.7. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Extra Space Storage, assuming nothing else is changed. The correlation between historical values of Extra Space's Total Assets and Cash And Equivalents 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 Extra Space Storage are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Total Assets i.e., Extra Space's Total Assets and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Extra Space 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 Extra Space 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 Equivalents
Most indicators from Extra Space's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extra Space 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Extra Space's Selling General Administrative is relatively stable compared to the past year. As of 06/10/2024, Issuance Of Capital Stock is likely to grow to 0.00, while Tax Provision is likely to drop slightly above 15.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.5B | 2.5B | 2.6B | Total Revenue | 1.6B | 1.9B | 2.6B | 2.7B |
Extra Space fundamental ratios Correlations
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Extra Space Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Extra Space fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.5B | 9.4B | 10.5B | 12.2B | 27.5B | 28.8B | |
Common Stock Shares Outstanding | 136.4M | 129.6M | 140.0M | 141.7M | 169.2M | 102.0M | |
Liabilities And Stockholders Equity | 8.5B | 9.4B | 10.5B | 12.2B | 27.5B | 28.8B | |
Other Current Liab | 45.3M | 47.1M | 63.6M | 67.4M | (689.8M) | (655.3M) | |
Total Stockholder Equity | 2.5B | 2.5B | 3.1B | 3.3B | 14.4B | 15.1B | |
Other Liab | 96.5M | 272.8M | 291.5M | 144.0M | 165.6M | 173.9M | |
Accounts Payable | 111.4M | 130.0M | 142.3M | 171.7M | 334.5M | 351.2M | |
Cash | 65.7M | 109.1M | 71.1M | 92.9M | 99.1M | 65.3M | |
Other Assets | 159.2M | 9.3B | 9.7B | 11.0B | 24.6B | 25.8B | |
Long Term Debt | 4.9B | 4.8B | 5.4B | 7.3B | 10.3B | 10.9B | |
Other Stockholder Equity | 2.9B | 3.0B | 3.3B | 3.3B | 14.8B | 15.5B | |
Total Liab | 5.6B | 6.5B | 6.7B | 8.1B | 12.0B | 12.6B | |
Common Stock | 1.3M | 1.3M | 1.3M | 1.3M | 2.1M | 2.6M | |
Property Plant Equipment | 7.7B | 7.9B | 9.1B | 10.3B | 11.8B | 12.4B | |
Short Long Term Debt Total | 5.3B | 6.0B | 6.2B | 7.6B | 11.4B | 12.0B | |
Total Current Liabilities | 314.6M | 1.1B | 740.9M | 1.2B | 1.1B | 1.1B | |
Net Debt | 5.3B | 5.9B | 6.1B | 7.5B | 11.3B | 11.9B | |
Retained Earnings | (301.0M) | (354.9M) | (128.2M) | (135.9M) | (379.0M) | (360.1M) | |
Non Current Assets Total | 8.5B | 9.3B | 10.4B | 12.1B | 26.5B | 27.9B | |
Non Currrent Assets Other | 162.1M | 130.6M | 159.2M | 10.2B | 23.7B | 24.9B | |
Cash And Short Term Investments | 65.7M | 109.1M | 71.1M | 92.9M | 99.1M | 69.1M | |
Common Stock Total Equity | 1.3M | 1.3M | 1.3M | 1.3M | 1.2M | 981.5K | |
Non Current Liabilities Total | 5.3B | 5.3B | 5.9B | 6.9B | 11.0B | 11.5B | |
Total Current Assets | 70.7M | 128.0M | 76.2M | 92.9M | 929.7M | 976.2M | |
Short Term Debt | 158M | 949M | 535M | 945M | 689.8M | 464.8M | |
Accumulated Other Comprehensive Income | (29.0M) | (99.1M) | (42.5M) | 48.8M | 17.4M | 18.3M | |
Other Current Assets | (70.7M) | (128.0M) | (495.4M) | 55.2M | (838.5M) | (796.6M) | |
Intangible Assets | 134.9M | 137.1M | 147.0M | 21.6M | 147.6M | 91.0M | |
Net Tangible Assets | 2.5B | 2.5B | 3.1B | 3.1B | 3.5B | 2.3B | |
Noncontrolling Interest In Consolidated Entity | 371.7M | 381.7M | 388.3M | 669.5M | 769.9M | 808.4M | |
Retained Earnings Total Equity | (262.9M) | (301.0M) | (354.9M) | (128.2M) | (147.5M) | (154.9M) | |
Long Term Debt Total | 4.9B | 4.8B | 6.0B | 7.5B | 8.6B | 9.0B | |
Capital Surpluse | 2.9B | 3.0B | 3.3B | 3.3B | 3.8B | 2.6B |
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