Piedmont Ebit vs Income Tax Expense Analysis

PDM Stock

USD 7.29 0.10 1.39%

Piedmont Office financial indicator trend analysis is much more than just breaking down Piedmont Office Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piedmont Office Realty is a good investment. Please check the relationship between Piedmont Office Ebit and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Ebit vs Income Tax Expense

Ebit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piedmont Office Realty Ebit account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Piedmont Office's Ebit and Income Tax Expense is 0.12. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Piedmont Office Realty, assuming nothing else is changed. The correlation between historical values of Piedmont Office's Ebit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Piedmont Office Realty are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebit i.e., Piedmont Office's Ebit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Ebit

Income Tax Expense

Most indicators from Piedmont Office's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piedmont Office Realty 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

At this time, Piedmont Office's Selling General Administrative is very stable compared to the past year. As of the 3rd of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Enterprise Value Over EBITDA is likely to drop 6.81.

	2021	2022	2023	2024 (projected)
Interest Expense	51.3M	65.7M	101.3M	67.5M
Depreciation And Amortization	206.6M	224.6M	236.2M	190.7M

Interest Expense Depreciation And Amortization

Piedmont Office fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Current Liab	Other Liab	Property Plant And Equipment Net	Retained Earnings	Non Currrent Assets Other	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.88	0.05	0.41	0.25	0.86	0.7	-0.13	0.99	-0.13	0.66	0.65	0.91	0.94	0.88	0.65	0.08	0.73	-0.59	-0.64	-0.67	-0.54	0.83	0.04	0.83	-0.85
Short Long Term Debt Total	0.88		-0.17	0.08	0.33	1.0	0.65	-0.37	0.89	-0.37	0.75	0.48	0.64	0.83	1.0	0.6	-0.06	0.76	-0.61	-0.44	-0.61	-0.65	0.83	0.1	0.99	-0.85
Total Current Liabilities	0.05	-0.17		0.36	0.0	-0.15	-0.05	-0.23	0.04	-0.23	-0.23	0.08	0.23	-0.02	-0.17	-0.42	0.21	-0.3	-0.33	-0.04	-0.16	0.23	0.21	-0.18	-0.17	0.18
Total Stockholder Equity	0.41	0.08	0.36		-0.47	0.04	0.17	0.52	0.43	0.52	-0.15	0.8	0.7	0.15	0.05	0.12	0.59	-0.15	-0.24	-0.34	-0.13	0.53	0.22	-0.32	0.03	-0.01
Current Deferred Revenue	0.25	0.33	0.0	-0.47		0.33	0.03	-0.25	0.18	-0.25	0.41	-0.49	-0.04	0.39	0.36	0.28	-0.33	0.54	0.01	0.24	0.1	-0.67	0.19	0.31	0.34	-0.32
Net Debt	0.86	1.0	-0.15	0.04	0.33		0.65	-0.43	0.87	-0.43	0.76	0.46	0.61	0.82	1.0	0.57	-0.09	0.75	-0.62	-0.44	-0.63	-0.67	0.84	0.12	0.99	-0.85
Accounts Payable	0.7	0.65	-0.05	0.17	0.03	0.65		-0.23	0.71	-0.23	0.46	0.43	0.66	0.7	0.67	0.48	-0.25	0.51	-0.29	-0.6	-0.67	-0.48	0.71	0.03	0.61	-0.69
Cash	-0.13	-0.37	-0.23	0.52	-0.25	-0.43	-0.23		-0.13	1.0	-0.43	0.17	0.1	-0.23	-0.38	0.14	0.44	-0.22	0.43	0.14	0.58	0.54	-0.45	-0.22	-0.41	0.28
Non Current Assets Total	0.99	0.89	0.04	0.43	0.18	0.87	0.71	-0.13		-0.13	0.65	0.7	0.91	0.92	0.89	0.63	0.11	0.7	-0.62	-0.65	-0.68	-0.5	0.84	0.01	0.84	-0.86
Cash And Short Term Investments	-0.13	-0.37	-0.23	0.52	-0.25	-0.43	-0.23	1.0	-0.13		-0.43	0.17	0.1	-0.23	-0.38	0.14	0.44	-0.22	0.43	0.14	0.58	0.54	-0.45	-0.22	-0.41	0.28
Net Receivables	0.66	0.75	-0.23	-0.15	0.41	0.76	0.46	-0.43	0.65	-0.43		0.27	0.41	0.75	0.76	0.81	-0.07	0.74	-0.55	-0.3	-0.58	-0.72	0.45	0.69	0.73	-0.81
Good Will	0.65	0.48	0.08	0.8	-0.49	0.46	0.43	0.17	0.7	0.17	0.27		0.79	0.44	0.45	0.36	0.42	0.18	-0.5	-0.55	-0.53	0.17	0.48	-0.13	0.44	-0.41
Common Stock Shares Outstanding	0.91	0.64	0.23	0.7	-0.04	0.61	0.66	0.1	0.91	0.1	0.41	0.79		0.8	0.64	0.52	0.24	0.45	-0.51	-0.72	-0.63	-0.23	0.72	-0.12	0.57	-0.67
Other Stockholder Equity	0.94	0.83	-0.02	0.15	0.39	0.82	0.7	-0.23	0.92	-0.23	0.75	0.44	0.8		0.84	0.7	-0.07	0.82	-0.54	-0.66	-0.7	-0.76	0.76	0.17	0.77	-0.94
Total Liab	0.88	1.0	-0.17	0.05	0.36	1.0	0.67	-0.38	0.89	-0.38	0.76	0.45	0.64	0.84		0.61	-0.09	0.79	-0.59	-0.43	-0.61	-0.68	0.83	0.12	0.99	-0.86
Total Current Assets	0.65	0.6	-0.42	0.12	0.28	0.57	0.48	0.14	0.63	0.14	0.81	0.36	0.52	0.7	0.61		0.14	0.7	-0.31	-0.27	-0.31	-0.5	0.25	0.59	0.55	-0.73
Short Term Debt	0.08	-0.06	0.21	0.59	-0.33	-0.09	-0.25	0.44	0.11	0.44	-0.07	0.42	0.24	-0.07	-0.09	0.14		-0.17	-0.51	0.14	0.19	0.47	-0.1	0.08	-0.1	0.08
Intangible Assets	0.73	0.76	-0.3	-0.15	0.54	0.75	0.51	-0.22	0.7	-0.22	0.74	0.18	0.45	0.82	0.79	0.7	-0.17		-0.36	-0.3	-0.42	-0.8	0.56	0.32	0.75	-0.82
Other Current Liab	-0.59	-0.61	-0.33	-0.24	0.01	-0.62	-0.29	0.43	-0.62	0.43	-0.55	-0.5	-0.51	-0.54	-0.59	-0.31	-0.51	-0.36		0.3	0.58	0.28	-0.59	-0.24	-0.58	0.55
Other Liab	-0.64	-0.44	-0.04	-0.34	0.24	-0.44	-0.6	0.14	-0.65	0.14	-0.3	-0.55	-0.72	-0.66	-0.43	-0.27	0.14	-0.3	0.3		0.79	0.35	-0.59	0.21	-0.36	0.59
Property Plant And Equipment Net	-0.67	-0.61	-0.16	-0.13	0.1	-0.63	-0.67	0.58	-0.68	0.58	-0.58	-0.53	-0.63	-0.7	-0.61	-0.31	0.19	-0.42	0.58	0.79		0.52	-0.7	-0.12	-0.57	0.66
Retained Earnings	-0.54	-0.65	0.23	0.53	-0.67	-0.67	-0.48	0.54	-0.5	0.54	-0.72	0.17	-0.23	-0.76	-0.68	-0.5	0.47	-0.8	0.28	0.35	0.52		-0.52	-0.34	-0.63	0.78
Non Currrent Assets Other	0.83	0.83	0.21	0.22	0.19	0.84	0.71	-0.45	0.84	-0.45	0.45	0.48	0.72	0.76	0.83	0.25	-0.1	0.56	-0.59	-0.59	-0.7	-0.52		-0.23	0.82	-0.69
Other Assets	0.04	0.1	-0.18	-0.32	0.31	0.12	0.03	-0.22	0.01	-0.22	0.69	-0.13	-0.12	0.17	0.12	0.59	0.08	0.32	-0.24	0.21	-0.12	-0.34	-0.23		0.1	-0.25
Long Term Debt	0.83	0.99	-0.17	0.03	0.34	0.99	0.61	-0.41	0.84	-0.41	0.73	0.44	0.57	0.77	0.99	0.55	-0.1	0.75	-0.58	-0.36	-0.57	-0.63	0.82	0.1		-0.79
Common Stock Total Equity	-0.85	-0.85	0.18	-0.01	-0.32	-0.85	-0.69	0.28	-0.86	0.28	-0.81	-0.41	-0.67	-0.94	-0.86	-0.73	0.08	-0.82	0.55	0.59	0.66	0.78	-0.69	-0.25	-0.79

Click cells to compare fundamentals

Piedmont Office Account Relationship Matchups

Piedmont Office fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	3.7B	3.9B	4.1B	4.1B	4.5B
Short Long Term Debt Total	1.5B	1.6B	1.9B	2.0B	2.1B	1.7B
Total Current Liabilities	178.5M	174.6M	221.2M	195.6M	236.6M	412.3M
Total Stockholder Equity	1.8B	1.9B	1.8B	1.8B	1.7B	2.0B
Current Deferred Revenue	34.6M	36.9M	80.7M	60.0M	89.9M	94.4M
Net Debt	1.5B	1.6B	1.9B	2.0B	2.1B	1.6B
Accounts Payable	117.5M	112.0M	114.5M	110.3M	131.5M	119.5M
Cash	13.5M	7.3M	7.4M	16.5M	4.2M	4.0M
Non Current Assets Total	3.3B	3.5B	3.6B	3.9B	3.9B	3.9B
Cash And Short Term Investments	13.5M	7.3M	7.4M	16.5M	4.2M	4.0M
Net Receivables	159.3M	278.1M	284.1M	176.8M	191.8M	177.4M
Common Stock Shares Outstanding	126.2M	126.1M	124.0M	123.5M	123.7M	148.0M
Liabilities And Stockholders Equity	3.5B	3.7B	3.9B	4.1B	4.1B	4.5B
Other Stockholder Equity	3.7B	3.7B	3.7B	3.7B	3.7B	3.9B
Total Liab	1.7B	1.8B	2.1B	2.2B	2.3B	2.0B
Total Current Assets	174.7M	287.3M	301.4M	213.5M	196.0M	186.2M
Short Term Debt	205M	985K	327.6M	290M	50.2M	47.6M
Intangible Assets	81.0M	90.6M	94.4M	114.4M	82.6M	95.9M
Other Current Liab	25.4M	(301.9M)	(264.0M)	(324.6M)	(35.0M)	(36.8M)
Other Liab	60.0M	72.3M	120.0M	104.3M	93.9M	76.1M
Retained Earnings	(1.9B)	(1.8B)	(1.9B)	(1.9B)	(2.0B)	(2.1B)
Non Currrent Assets Other	433.7M	358.0M	348.9M	3.7B	3.7B	3.9B
Other Assets	275.2M	2.9B	3.0B	287.3M	330.4M	656.5M
Long Term Debt	1.5B	1.6B	1.9B	2.0B	2.1B	1.7B
Common Stock Total Equity	1.3M	1.2M	1.2M	1.2M	1.1M	2.0M
Non Current Liabilities Total	1.5B	1.7B	1.9B	2.0B	2.1B	1.5B
Other Current Assets	(174.7M)	(287.3M)	(293.0M)	17.2M	(196.0M)	(186.2M)
Common Stock	1.3M	1.2M	1.2M	1.2M	1.2M	1.9M
Accumulated Other Comprehensive Income	967K	(24.1M)	(18.2M)	(8.7M)	(9.4M)	(9.9M)
Net Tangible Assets	1.7B	1.8B	1.6B	1.8B	1.6B	1.6B
Noncontrolling Interest In Consolidated Entity	1.7M	1.7M	1.6M	1.6M	1.8M	1.6M
Retained Earnings Total Equity	(1.9B)	(1.8B)	(1.9B)	(1.9B)	(1.7B)	(1.8B)
Long Term Debt Total	1.5B	1.6B	1.9B	2.0B	2.3B	1.9B
Capital Surpluse	3.7B	3.7B	3.7B	3.7B	4.3B	4.0B

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When determining whether Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office'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 Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:

How To Invest In Piedmont

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Is Piedmont Stock a good investment?

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What is Piedmont Office's Net Worth?

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Largest Diversified REITs Companies

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Largest Equity Real Estate Investment Trusts (REITs) Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the Piedmont Office Realty information on this page should be used as a complementary analysis to other Piedmont Office'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Piedmont Stock analysis

When running Piedmont Office's price analysis, check to measure Piedmont Office'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 Piedmont Office is operating at the current time. Most of Piedmont Office's value examination focuses on studying past and present price action to predict the probability of Piedmont Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piedmont Office's price. Additionally, you may evaluate how the addition of Piedmont Office to your portfolios can decrease your overall portfolio volatility.

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Is Piedmont Office'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 Piedmont Office. If investors know Piedmont 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 Piedmont Office 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

(0.70)

Dividend Share

0.585

Earnings Share

(0.60)

Revenue Per Share

4.687

Quarterly Revenue Growth

0.015

The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office'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 Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office'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 Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office'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.

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Piedmont Ebit vs Income Tax Expense Analysis

Ebit vs Income Tax Expense

Ebit vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Ebit

Income Tax Expense

Piedmont Office fundamental ratios Correlations

Piedmont Office Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Piedmont Office fundamental ratios Accounts

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Complementary Tools for Piedmont Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Short Long Term Debt Total

Common Stock Total Equity	- 0.94	Other Stockholder Equity
Common Stock Total Equity	- 0.86	Total Liab
Common Stock Total Equity	- 0.86	Non Current Assets Total
Common Stock Total Equity	- 0.85	Net Debt
Common Stock Total Equity	- 0.85	Short Long Term Debt Total
Common Stock Total Equity	- 0.85	Total Assets