Extra Total Current Liabilities vs Cash Analysis
EXR Stock | USD 148.67 3.72 2.57% |
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 Current Liabilities and its Cash 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 tightly coupled with the direction of predictive economic indicators such as signals in interest.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extra Space Storage Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Extra Space's Total Current Liabilities and Cash is 0.43. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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 Current Liabilities and Cash 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 Current Liabilities of Extra Space Storage are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Extra Space's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Extra Space balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Extra Space Storage are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of Extra Space Storage, which is listed under current asset account on Extra Space Storage balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Extra Space customers. The amounts must be unrestricted with restricted cash listed in a different Extra Space account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 tightly coupled 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 06/04/2024, 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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