Simon Other Assets vs Cash Analysis
SPG Stock | USD 183.46 3.35 1.86% |
Simon Property financial indicator trend analysis is much more than just breaking down Simon Property Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Simon Property Group is a good investment. Please check the relationship between Simon Property Other Assets and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simon Property Group Other Assets account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Simon Property's Other Assets and Cash is -0.13. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Simon Property Group, assuming nothing else is changed. The correlation between historical values of Simon Property's Other Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Simon Property Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., Simon Property's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Cash
Cash refers to the most liquid asset of Simon Property Group, which is listed under current asset account on Simon Property Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Simon Property customers. The amounts must be unrestricted with restricted cash listed in a different Simon Property account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Simon Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Simon Property Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Simon Property's Selling General Administrative is most likely to decrease significantly in the upcoming years. The Simon Property's current Enterprise Value is estimated to increase to about 75.6 B, while Tax Provision is projected to decrease to roughly 60.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 795.7M | 762.8M | 854.6M | 731.8M | Depreciation And Amortization | 2.0B | 1.9B | 1.3B | 1.0B |
Simon Property fundamental ratios Correlations
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Simon Property Account Relationship Matchups
High Positive Relationship
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Simon Property fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.2B | 34.8B | 33.8B | 33.0B | 34.3B | 24.0B | |
Short Long Term Debt Total | 25.5B | 27.3B | 25.8B | 25.5B | 26.5B | 17.7B | |
Total Stockholder Equity | 2.5B | 3.0B | 3.4B | 3.1B | 3.0B | 3.5B | |
Net Debt | 24.0B | 26.2B | 25.3B | 24.8B | 25.3B | 16.8B | |
Retained Earnings | (5.4B) | (6.1B) | (5.8B) | (5.9B) | (6.1B) | (5.8B) | |
Non Current Assets Total | 29.7B | 32.5B | 32.0B | 31.6B | 30.7B | 23.1B | |
Non Currrent Assets Other | 25.0B | 24.2B | (10.4B) | (10.1B) | 21.6B | 22.7B | |
Common Stock Shares Outstanding | 308.0M | 308.7M | 328.6M | 327.8M | 326.8M | 252.1M | |
Liabilities And Stockholders Equity | 31.2B | 34.8B | 33.8B | 33.0B | 34.3B | 24.0B | |
Non Current Liabilities Total | 25.1B | 27.8B | 26.4B | 26.0B | 27.1B | 18.3B | |
Other Stockholder Equity | 8.0B | 9.3B | 9.3B | 9.2B | 9.3B | 6.2B | |
Total Liab | 28.1B | 31.1B | 29.4B | 29.2B | 30.6B | 19.8B | |
Other Current Liab | 239.2M | 1.4B | 1.6B | 1.7B | 1.9B | 1.4B | |
Total Current Liabilities | 3.0B | 3.4B | 3.0B | 3.2B | 6.5B | 6.9B | |
Cash | 669.4M | 1.0B | 533.9M | 621.6M | 1.2B | 892.5M | |
Other Assets | 209.3M | 31.2B | 30.7B | 29.7B | 593.3M | 563.6M | |
Cash And Short Term Investments | 669.4M | 1.0B | 533.9M | 621.6M | 2.2B | 2.3B | |
Net Receivables | 832.2M | 1.2B | 919.7M | 823.5M | 826.1M | 673.5M | |
Inventory | 6.9M | 1.0 | (538.2M) | 2.2B | 2.5B | 2.6B | |
Other Current Assets | (1.5B) | (2.2B) | 934.9M | (1.4B) | 440.9M | 402.2M | |
Property Plant And Equipment Gross | 514.7M | 512.9M | 504.1M | 496.9M | 484.1M | 459.9M | |
Total Current Assets | 1.5B | 2.2B | 1.8B | 1.4B | 3.0B | 1.8B | |
Accumulated Other Comprehensive Income | (118.6M) | (188.7M) | (185.2M) | (164.9M) | (172.8M) | (181.4M) | |
Other Liab | 413.8M | 513.5M | 540.9M | 452.2M | 407.0M | 640.9M | |
Accounts Payable | 1.4B | 1.3B | 1.4B | 1.5B | 1.7B | 1.3B | |
Long Term Debt | 24.2B | 26.7B | 25.3B | 25.0B | 26.0B | 20.2B | |
Preferred Stock Total Equity | 42.4M | 42.1M | 41.8M | 41.4M | 37.3M | 35.4M | |
Treasury Stock | (1.4B) | (1.8B) | (1.9B) | (1.9B) | (1.7B) | (1.6B) | |
Intangible Assets | 75.8M | 35.0M | 33.3M | 17.8M | 8.7M | 8.3M | |
Short Term Investments | 330.8M | 293.8M | 37.9B | 361.5M | 1B | 950M | |
Noncontrolling Interest In Consolidated Entity | 384.9M | 432.9M | 491.5M | 473.1M | 425.8M | 448.4M | |
Retained Earnings Total Equity | (5.4B) | (6.1B) | (5.8B) | (5.9B) | (5.3B) | (5.6B) | |
Deferred Long Term Liab | 209.3M | 1.1B | 1.1B | 97.6M | 112.2M | 106.6M | |
Property Plant Equipment | 23.9B | 23.2B | 22.8B | 22.3B | 25.6B | 22.1B | |
Net Tangible Assets | 2.7B | 3.2B | 3.3B | 3.3B | 3.0B | 3.4B | |
Capital Surpluse | 9.8B | 11.2B | 11.2B | 11.2B | 12.9B | 10.8B |
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When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property'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 Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Retail REITs space 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 Simon Property. If investors know Simon 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 Simon Property 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 (0.20) | Dividend Share 7.9 | Earnings Share 7.52 | Revenue Per Share 18.125 | Quarterly Revenue Growth 0.049 |
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property'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 Simon Property's market value can be influenced by many factors that don't directly affect Simon Property'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 Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property'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.