Macerich Capital Stock vs Accounts Payable Analysis

MAC Stock  USD 15.25  0.57  3.88%   
Macerich financial indicator trend analysis is infinitely more than just investigating Macerich recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macerich is a good investment. Please check the relationship between Macerich Capital Stock and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Capital Stock vs Accounts Payable

Capital Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macerich Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Macerich's Capital Stock and Accounts Payable is -0.15. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Macerich Company, assuming nothing else is changed. The correlation between historical values of Macerich's Capital Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Macerich Company are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Stock i.e., Macerich's Capital Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Accounts Payable

An accounting item on the balance sheet that represents Macerich obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Macerich are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Macerich's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macerich 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At present, Macerich's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit466.6M468.8M204.1M193.9M
Total Revenue847.4M859.2M881.4M737.9M

Macerich fundamental ratios Correlations

0.70.930.710.70.17-0.16-0.120.590.930.320.950.640.490.690.120.161.00.160.760.330.790.550.450.930.6
0.70.660.771.00.07-0.470.180.520.640.30.660.590.40.550.160.350.660.360.690.360.820.50.40.660.64
0.930.660.770.670.39-0.29-0.30.490.750.150.770.80.480.710.12-0.110.94-0.110.640.220.730.450.520.750.69
0.710.770.770.790.54-0.8-0.320.270.58-0.030.580.890.260.430.170.00.680.010.51-0.130.80.250.580.570.94
0.71.00.670.790.1-0.490.140.510.630.290.650.630.40.560.170.30.670.310.670.350.810.490.420.650.65
0.170.070.390.540.1-0.61-0.7-0.48-0.07-0.58-0.070.610.020.120.16-0.480.17-0.48-0.26-0.730.3-0.510.64-0.050.69
-0.16-0.47-0.29-0.8-0.49-0.610.360.12-0.060.35-0.03-0.690.120.02-0.050.1-0.120.1-0.120.51-0.480.11-0.36-0.02-0.84
-0.120.18-0.3-0.320.14-0.70.360.250.060.390.07-0.560.06-0.01-0.130.73-0.140.730.30.560.050.3-0.370.11-0.41
0.590.520.490.270.51-0.480.120.250.640.590.650.260.310.390.030.260.590.260.720.740.280.99-0.010.540.05
0.930.640.750.580.63-0.07-0.060.060.640.450.990.410.360.510.10.410.920.410.80.360.740.60.310.970.45
0.320.30.15-0.030.29-0.580.350.390.590.450.45-0.06-0.1-0.030.210.280.330.290.380.680.050.590.010.44-0.24
0.950.660.770.580.65-0.07-0.030.070.650.990.450.420.440.590.090.390.940.390.80.420.750.610.310.980.44
0.640.590.80.890.630.61-0.69-0.560.260.41-0.060.420.280.450.18-0.430.63-0.420.31-0.10.580.230.620.380.85
0.490.40.480.260.40.020.120.060.310.36-0.10.440.280.910.010.010.50.010.260.430.390.280.310.430.2
0.690.550.710.430.560.120.02-0.010.390.51-0.030.590.450.91-0.10.020.690.010.460.450.610.360.320.590.39
0.120.160.120.170.170.16-0.05-0.130.030.10.210.090.180.01-0.1-0.090.15-0.04-0.17-0.01-0.160.010.510.04-0.03
0.160.35-0.110.00.3-0.480.10.730.260.410.280.39-0.430.010.02-0.090.121.00.530.260.350.27-0.270.42-0.09
1.00.660.940.680.670.17-0.12-0.140.590.920.330.940.630.50.690.150.120.120.730.350.750.550.460.920.56
0.160.36-0.110.010.31-0.480.10.730.260.410.290.39-0.420.010.01-0.041.00.120.50.250.340.26-0.220.43-0.09
0.760.690.640.510.67-0.26-0.120.30.720.80.380.80.310.260.46-0.170.530.730.50.490.70.71-0.110.780.36
0.330.360.22-0.130.35-0.730.510.560.740.360.680.42-0.10.430.45-0.010.260.350.250.490.080.75-0.190.39-0.34
0.790.820.730.80.810.3-0.480.050.280.740.050.750.580.390.61-0.160.350.750.340.70.080.260.380.780.81
0.550.50.450.250.49-0.510.110.30.990.60.590.610.230.280.360.010.270.550.260.710.750.26-0.050.50.03
0.450.40.520.580.420.64-0.36-0.37-0.010.310.010.310.620.310.320.51-0.270.46-0.22-0.11-0.190.38-0.050.320.56
0.930.660.750.570.65-0.05-0.020.110.540.970.440.980.380.430.590.040.420.920.430.780.390.780.50.320.45
0.60.640.690.940.650.69-0.84-0.410.050.45-0.240.440.850.20.39-0.03-0.090.56-0.090.36-0.340.810.030.560.45
Click cells to compare fundamentals

Macerich Account Relationship Matchups

Macerich fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B9.2B8.3B8.1B7.5B7.1B
Short Long Term Debt Total114.2M6.1B4.6B4.5B4.4B3.8B
Total Stockholder Equity2.6B2.3B3.0B2.9B2.4B2.2B
Property Plant And Equipment Net148.1M6.8B6.4B6.3B118.7M112.7M
Net Debt14.2M5.7B4.5B4.4B4.2B3.7B
Retained Earnings(1.9B)(2.3B)(2.4B)(2.6B)(3.1B)(2.9B)
Non Currrent Assets Other6.7B(206.3M)(175.2M)71.7M6.1B6.4B
Other Assets221.3M8.5B6.7B328.2M6.1B6.4B
Common Stock Shares Outstanding141.3M146.2M198.1M215.0M215.5M111.5M
Liabilities And Stockholders Equity8.9B9.2B8.3B8.1B7.5B7.1B
Non Current Liabilities Total5.6B6.3B4.7B4.6B4.4B3.8B
Other Stockholder Equity4.6B4.6B5.5B5.5B5.5B5.8B
Total Liab6.0B6.7B5.2B5.1B5.0B4.7B
Property Plant And Equipment Gross148.1M118.4M6.4B6.3B118.7M112.7M
Other Current Liab373.5M407.0M382.2M439.8M509.5M601.4M
Total Current Liabilities424.5M475.8M441.4M502.9M573.7M643.0M
Accounts Payable51.0M68.8M59.2M63.1M64.2M83.4M
Cash100.0M465.3M112.5M100.3M190.3M121.3M
Non Current Assets Total8.6B8.2B7.7B7.7B7.1B7.0B
Cash And Short Term Investments100.0M465.3M112.5M100.3M190.3M128.7M
Net Receivables150.2M240.8M211.4M186.9M188.2M135.4M
Common Stock Total Equity1.4M1.5M2.1M2.2M2.5M2.6M
Total Current Assets264.4M1.0B633.2M368.0M378.5M450.5M
Common Stock1.4M1.5M2.1M2.2M2.2M1.2M
Other Liab30.2M60.4M53.8M48.4M43.5M41.4M
Long Term Debt5.2B6.0B4.5B4.5B4.2B4.8B
Other Current Assets(264.4M)307.0M254.9M80.8M(378.5M)(359.6M)
Accumulated Other Comprehensive Income(9.1M)(8.2M)(24K)632K(952K)(904.4K)
Intangible Assets158.6M175.5M151.8M152.6M65.4M62.1M
Net Tangible Assets2.6B2.3B3.0B2.9B2.6B2.7B
Noncontrolling Interest In Consolidated Entity198.7M188.2M129.3M83.6M75.2M71.5M
Retained Earnings Total Equity(1.9B)(2.3B)(2.4B)(2.6B)(2.4B)(2.3B)
Long Term Debt Total5.2B6.0B4.5B4.5B5.2B5.5B
Capital Surpluse4.6B4.6B5.5B5.5B6.3B4.9B
Inventory46.6M278.6M17.4M54.5M62.7M59.5M
Deferred Long Term Liab74.7M307.0M254.9M30.7M35.3M33.6M
Long Term Investments1.5B1.3B1.3B1.2B852.8M1.4B

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When determining whether Macerich offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macerich'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 Macerich Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Macerich Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macerich Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Macerich information on this page should be used as a complementary analysis to other Macerich'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 Positions Ratings module to 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.

Complementary Tools for Macerich Stock analysis

When running Macerich's price analysis, check to measure Macerich'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 Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.
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Is Macerich'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 Macerich. If investors know Macerich 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 Macerich 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
39.711
Dividend Share
0.68
Earnings Share
(1.60)
Revenue Per Share
3.888
Quarterly Revenue Growth
(0.12)
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich'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 Macerich's market value can be influenced by many factors that don't directly affect Macerich'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 Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich'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.