Phoenix Property Plant Equipment vs Total Assets 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 Equipment and its Total Assets 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 Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix Mills Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Phoenix Mills' Property Plant Equipment and Total Assets is -0.22. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets 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 Equipment and Total Assets 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 Equipment of The Phoenix Mills are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Phoenix Mills' Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Phoenix Mills assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Phoenix Mills books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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