Phoenix Property Plant And Equipment Net vs Short Term Investments Analysis

PHOENIXLTD   1,775  70.55  3.82%   
Phoenix Mills financial indicator trend analysis is much more than just breaking down Phoenix Mills prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Mills is a good investment. Please check the relationship between Phoenix Mills Property Plant And Equipment Net and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in The Phoenix Mills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix Mills Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Phoenix Mills' Property Plant And Equipment Net and Short Term Investments is -0.32. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of The Phoenix Mills, assuming nothing else is changed. The correlation between historical values of Phoenix Mills' Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of The Phoenix Mills are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Phoenix Mills' Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Phoenix Mills balance sheet. It contains any investments The Phoenix Mills undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Phoenix Mills can easily liquidate in the marketplace.
Most indicators from Phoenix Mills' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Mills 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 The Phoenix Mills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Phoenix Mills' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 3.3 B in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.9B3.4B4.0B2.3B
Depreciation And Amortization1.9B2.3B2.7B2.8B

Phoenix Mills fundamental ratios Correlations

0.630.890.760.980.080.590.960.810.881.00.440.880.780.630.30.760.160.710.930.650.810.090.360.61-0.06
0.630.360.890.490.591.00.410.50.350.610.280.360.180.970.740.130.060.980.650.840.250.530.70.690.41
0.890.360.630.94-0.190.30.920.640.850.880.590.910.720.340.090.860.340.470.850.440.890.060.00.53-0.33
0.760.890.630.680.40.870.620.580.450.750.560.570.260.830.530.290.070.930.750.770.520.590.540.810.07
0.980.490.940.68-0.060.440.990.790.90.980.460.920.830.490.150.830.190.590.90.550.870.00.210.53-0.2
0.080.59-0.190.4-0.060.64-0.150.09-0.230.09-0.3-0.25-0.190.470.34-0.34-0.320.460.010.44-0.320.50.750.570.33
0.591.00.30.870.440.640.360.480.280.570.240.290.130.960.750.060.020.970.60.830.190.550.730.70.45
0.960.410.920.620.99-0.150.360.780.90.960.440.920.860.420.080.840.130.520.860.440.88-0.070.180.47-0.23
0.810.50.640.580.790.090.480.780.640.820.230.680.690.510.230.590.040.560.710.560.62-0.10.230.44-0.02
0.880.350.850.450.9-0.230.280.90.640.860.310.890.890.390.150.920.310.430.860.450.83-0.250.080.28-0.16
1.00.610.880.750.980.090.570.960.820.860.40.860.80.610.260.760.130.690.90.630.790.060.360.6-0.07
0.440.280.590.560.46-0.30.240.440.230.310.40.57-0.030.240.250.190.250.370.580.340.60.56-0.020.46-0.28
0.880.360.910.570.92-0.250.290.920.680.890.860.570.740.350.060.80.270.450.910.450.980.020.090.42-0.35
0.780.180.720.260.83-0.190.130.860.690.890.8-0.030.740.25-0.070.910.160.260.640.250.69-0.510.040.11-0.12
0.630.970.340.830.490.470.960.420.510.390.610.240.350.250.750.160.150.980.640.810.240.420.630.540.49
0.30.740.090.530.150.340.750.080.230.150.260.250.06-0.070.75-0.020.20.70.450.62-0.050.390.440.450.73
0.760.130.860.290.83-0.340.060.840.590.920.760.190.80.910.16-0.020.370.220.70.240.76-0.43-0.190.2-0.23
0.160.060.340.070.19-0.320.020.130.040.310.130.250.270.160.150.20.370.120.280.320.23-0.04-0.45-0.180.08
0.710.980.470.930.590.460.970.520.560.430.690.370.450.260.980.70.220.120.710.830.360.50.630.670.35
0.930.650.850.750.90.010.60.860.710.860.90.580.910.640.640.450.70.280.710.680.840.210.340.61-0.02
0.650.840.440.770.550.440.830.440.560.450.630.340.450.250.810.620.240.320.830.680.320.380.430.580.27
0.810.250.890.520.87-0.320.190.880.620.830.790.60.980.690.24-0.050.760.230.360.840.320.040.030.38-0.45
0.090.530.060.590.00.50.55-0.07-0.1-0.250.060.560.02-0.510.420.39-0.43-0.040.50.210.380.040.530.650.04
0.360.70.00.540.210.750.730.180.230.080.36-0.020.090.040.630.44-0.19-0.450.630.340.430.030.530.60.35
0.610.690.530.810.530.570.70.470.440.280.60.460.420.110.540.450.2-0.180.670.610.580.380.650.60.0
-0.060.41-0.330.07-0.20.330.45-0.23-0.02-0.16-0.07-0.28-0.35-0.120.490.73-0.230.080.35-0.020.27-0.450.040.350.0
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Phoenix Mills Account Relationship Matchups

Phoenix Mills fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets105.5B114.6B143.3B175.9B192.8B202.5B
Short Long Term Debt Total43.3B40.6B39.8B42.6B46.4B27.7B
Other Current Liab652.4M9.2B10.1B14.0B12.3B12.9B
Total Current Liabilities19.4B20.6B20.4B25.8B22.5B11.9B
Total Stockholder Equity37.1B48.8B65.8B83.8B94.6B99.3B
Property Plant And Equipment Net76.1B81.7B32.9B18.1B24.1B36.1B
Net Debt42.3B39.3B36.8B39.9B41.8B26.5B
Retained Earnings19.8B20.3B37.0B55.1B65.2B68.5B
Accounts Payable1.1B950.1M1.3B1.6B2.1B2.2B
Cash979.9M1.3B3.0B2.6B4.5B4.8B
Non Current Assets Total88.1B94.4B105.2B141.2B159.0B166.9B
Non Currrent Assets Other4.2B6.8B84.2B125.4B3.5B3.3B
Cash And Short Term Investments2.6B5.9B24.3B17.3B20.8B21.9B
Common Stock Shares Outstanding153.8M171.2M178.4M178.7M358.3M376.3M
Liabilities And Stockholders Equity105.5B114.6B143.3B175.9B192.8B202.5B
Non Current Liabilities Total36.2B31.9B32.8B39.3B46.5B25.2B
Inventory8.2B7.7B7.5B12.1B8.1B6.4B
Other Current Assets(888.7M)2.0B1.8B2.2B5.2B5.5B
Other Stockholder Equity(22.4B)24.4B24.5B24.6B24.6B14.7B
Total Liab55.6B52.5B53.2B65.1B69.0B37.0B
Total Current Assets17.4B20.2B38.2B34.7B33.9B35.6B
Accumulated Other Comprehensive Income(14.2B)3.7B3.9B3.8B4.3B4.5B
Common Stock306.9M343.7M357.0M357.2M357.4M303.4M
Short Term Investments1.7B4.6B21.3B14.6B16.3B17.1B
Current Deferred Revenue8.4B9.1B10.5B10.5B6.6M6.2M
Net Receivables7.5B4.1B4.5B3.6B3.5B4.7B
Short Term Debt9.3B10.5B8.4B9.5B5.4B7.2B
Intangible Assets18.5M13.8M3.6M18.1M18.9M16.8M
Other Assets3.9B4.2B4.7B2.1B2.4B2.6B
Other Liab2.2B1.7B1.4B6.2B7.2B7.5B
Net Tangible Assets33.4B45.1B62.8B77.6B89.2B93.7B
Long Term Debt34.1B30.2B31.4B33.1B38.1B35.5B
Short Long Term Debt9.3B6.4B8.4B9.5B8.0B6.7B
Property Plant Equipment76.1B81.7B92.5B18.1B20.8B19.8B
Capital Surpluse13.6B24.4B24.5B24.6B28.3B18.5B
Long Term Debt Total34.1B30.2B31.4B33.1B29.8B26.0B
Cash And Equivalents1.4B24.2M151.5M1.8B2.1B2.2B

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