Piedmont Gross Profit vs Interest Income 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 Gross Profit and its Interest Income 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.

Gross Profit vs Interest Income

Gross Profit vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piedmont Office Realty Gross Profit account and Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Piedmont Office's Gross Profit and Interest Income is 0.02. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income 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 Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Piedmont Office Realty are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., Piedmont Office's Gross Profit and Interest Income go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Piedmont Office Realty minus its cost of goods sold. It is profit before Piedmont Office operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 Expense51.3M65.7M101.3M67.5M
Depreciation And Amortization206.6M224.6M236.2M190.7M

Piedmont Office fundamental ratios Correlations

0.880.050.410.250.860.7-0.130.99-0.130.660.650.910.940.880.650.080.73-0.59-0.64-0.67-0.540.830.040.83-0.85
0.88-0.170.080.331.00.65-0.370.89-0.370.750.480.640.831.00.6-0.060.76-0.61-0.44-0.61-0.650.830.10.99-0.85
0.05-0.170.360.0-0.15-0.05-0.230.04-0.23-0.230.080.23-0.02-0.17-0.420.21-0.3-0.33-0.04-0.160.230.21-0.18-0.170.18
0.410.080.36-0.470.040.170.520.430.52-0.150.80.70.150.050.120.59-0.15-0.24-0.34-0.130.530.22-0.320.03-0.01
0.250.330.0-0.470.330.03-0.250.18-0.250.41-0.49-0.040.390.360.28-0.330.540.010.240.1-0.670.190.310.34-0.32
0.861.0-0.150.040.330.65-0.430.87-0.430.760.460.610.821.00.57-0.090.75-0.62-0.44-0.63-0.670.840.120.99-0.85
0.70.65-0.050.170.030.65-0.230.71-0.230.460.430.660.70.670.48-0.250.51-0.29-0.6-0.67-0.480.710.030.61-0.69
-0.13-0.37-0.230.52-0.25-0.43-0.23-0.131.0-0.430.170.1-0.23-0.380.140.44-0.220.430.140.580.54-0.45-0.22-0.410.28
0.990.890.040.430.180.870.71-0.13-0.130.650.70.910.920.890.630.110.7-0.62-0.65-0.68-0.50.840.010.84-0.86
-0.13-0.37-0.230.52-0.25-0.43-0.231.0-0.13-0.430.170.1-0.23-0.380.140.44-0.220.430.140.580.54-0.45-0.22-0.410.28
0.660.75-0.23-0.150.410.760.46-0.430.65-0.430.270.410.750.760.81-0.070.74-0.55-0.3-0.58-0.720.450.690.73-0.81
0.650.480.080.8-0.490.460.430.170.70.170.270.790.440.450.360.420.18-0.5-0.55-0.530.170.48-0.130.44-0.41
0.910.640.230.7-0.040.610.660.10.910.10.410.790.80.640.520.240.45-0.51-0.72-0.63-0.230.72-0.120.57-0.67
0.940.83-0.020.150.390.820.7-0.230.92-0.230.750.440.80.840.7-0.070.82-0.54-0.66-0.7-0.760.760.170.77-0.94
0.881.0-0.170.050.361.00.67-0.380.89-0.380.760.450.640.840.61-0.090.79-0.59-0.43-0.61-0.680.830.120.99-0.86
0.650.6-0.420.120.280.570.480.140.630.140.810.360.520.70.610.140.7-0.31-0.27-0.31-0.50.250.590.55-0.73
0.08-0.060.210.59-0.33-0.09-0.250.440.110.44-0.070.420.24-0.07-0.090.14-0.17-0.510.140.190.47-0.10.08-0.10.08
0.730.76-0.3-0.150.540.750.51-0.220.7-0.220.740.180.450.820.790.7-0.17-0.36-0.3-0.42-0.80.560.320.75-0.82
-0.59-0.61-0.33-0.240.01-0.62-0.290.43-0.620.43-0.55-0.5-0.51-0.54-0.59-0.31-0.51-0.360.30.580.28-0.59-0.24-0.580.55
-0.64-0.44-0.04-0.340.24-0.44-0.60.14-0.650.14-0.3-0.55-0.72-0.66-0.43-0.270.14-0.30.30.790.35-0.590.21-0.360.59
-0.67-0.61-0.16-0.130.1-0.63-0.670.58-0.680.58-0.58-0.53-0.63-0.7-0.61-0.310.19-0.420.580.790.52-0.7-0.12-0.570.66
-0.54-0.650.230.53-0.67-0.67-0.480.54-0.50.54-0.720.17-0.23-0.76-0.68-0.50.47-0.80.280.350.52-0.52-0.34-0.630.78
0.830.830.210.220.190.840.71-0.450.84-0.450.450.480.720.760.830.25-0.10.56-0.59-0.59-0.7-0.52-0.230.82-0.69
0.040.1-0.18-0.320.310.120.03-0.220.01-0.220.69-0.13-0.120.170.120.590.080.32-0.240.21-0.12-0.34-0.230.1-0.25
0.830.99-0.170.030.340.990.61-0.410.84-0.410.730.440.570.770.990.55-0.10.75-0.58-0.36-0.57-0.630.820.1-0.79
-0.85-0.850.18-0.01-0.32-0.85-0.690.28-0.860.28-0.81-0.41-0.67-0.94-0.86-0.730.08-0.820.550.590.660.78-0.69-0.25-0.79
Click cells to compare fundamentals

Piedmont Office Account Relationship Matchups

Piedmont Office fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.7B3.9B4.1B4.1B4.5B
Short Long Term Debt Total1.5B1.6B1.9B2.0B2.1B1.7B
Total Current Liabilities178.5M174.6M221.2M195.6M236.6M412.3M
Total Stockholder Equity1.8B1.9B1.8B1.8B1.7B2.0B
Current Deferred Revenue34.6M36.9M80.7M60.0M89.9M94.4M
Net Debt1.5B1.6B1.9B2.0B2.1B1.6B
Accounts Payable117.5M112.0M114.5M110.3M131.5M119.5M
Cash13.5M7.3M7.4M16.5M4.2M4.0M
Non Current Assets Total3.3B3.5B3.6B3.9B3.9B3.9B
Cash And Short Term Investments13.5M7.3M7.4M16.5M4.2M4.0M
Net Receivables159.3M278.1M284.1M176.8M191.8M177.4M
Common Stock Shares Outstanding126.2M126.1M124.0M123.5M123.7M148.0M
Liabilities And Stockholders Equity3.5B3.7B3.9B4.1B4.1B4.5B
Other Stockholder Equity3.7B3.7B3.7B3.7B3.7B3.9B
Total Liab1.7B1.8B2.1B2.2B2.3B2.0B
Total Current Assets174.7M287.3M301.4M213.5M196.0M186.2M
Short Term Debt205M985K327.6M290M50.2M47.6M
Intangible Assets81.0M90.6M94.4M114.4M82.6M95.9M
Other Current Liab25.4M(301.9M)(264.0M)(324.6M)(35.0M)(36.8M)
Other Liab60.0M72.3M120.0M104.3M93.9M76.1M
Retained Earnings(1.9B)(1.8B)(1.9B)(1.9B)(2.0B)(2.1B)
Non Currrent Assets Other433.7M358.0M348.9M3.7B3.7B3.9B
Other Assets275.2M2.9B3.0B287.3M330.4M656.5M
Long Term Debt1.5B1.6B1.9B2.0B2.1B1.7B
Common Stock Total Equity1.3M1.2M1.2M1.2M1.1M2.0M
Non Current Liabilities Total1.5B1.7B1.9B2.0B2.1B1.5B
Other Current Assets(174.7M)(287.3M)(293.0M)17.2M(196.0M)(186.2M)
Common Stock1.3M1.2M1.2M1.2M1.2M1.9M
Accumulated Other Comprehensive Income967K(24.1M)(18.2M)(8.7M)(9.4M)(9.9M)
Net Tangible Assets1.7B1.8B1.6B1.8B1.6B1.6B
Noncontrolling Interest In Consolidated Entity1.7M1.7M1.6M1.6M1.8M1.6M
Retained Earnings Total Equity(1.9B)(1.8B)(1.9B)(1.9B)(1.7B)(1.8B)
Long Term Debt Total1.5B1.6B1.9B2.0B2.3B1.9B
Capital Surpluse3.7B3.7B3.7B3.7B4.3B4.0B

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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:
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 CEOs Directory module to screen CEOs from public companies around the world.

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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.