Simon Total Current Assets vs Total Current Liabilities Analysis

SPG Stock  USD 183.60  0.15  0.08%   
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 Total Current Assets and its Total Current Liabilities 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.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Simon Property Group Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Simon Property's Total Current Assets and Total Current Liabilities is 0.5. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities 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 Total Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Simon Property Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Simon Property's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on Simon Property balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Simon Property Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expense795.7M762.8M854.6M731.8M
Depreciation And Amortization2.0B1.9B1.3B1.0B

Simon Property fundamental ratios Correlations

0.990.63-0.140.98-0.761.00.290.980.990.980.98-0.320.150.530.310.310.58-0.930.190.31-0.49-0.540.650.97-0.1
0.990.5-0.21.0-0.810.980.290.961.00.941.0-0.310.180.470.340.270.61-0.90.220.31-0.55-0.570.640.97-0.24
0.630.50.150.48-0.120.640.390.660.490.710.47-0.33-0.160.57-0.170.290.1-0.69-0.130.00.01-0.190.350.530.49
-0.14-0.20.15-0.190.24-0.16-0.32-0.03-0.19-0.05-0.20.37-0.24-0.05-0.13-0.10.42-0.03-0.07-0.040.10.90.09-0.10.15
0.981.00.48-0.19-0.830.980.240.961.00.951.0-0.290.190.430.390.250.63-0.90.240.34-0.56-0.560.620.98-0.23
-0.76-0.81-0.120.24-0.83-0.76-0.09-0.76-0.83-0.7-0.830.1-0.58-0.19-0.47-0.36-0.660.77-0.27-0.650.590.53-0.56-0.860.44
1.00.980.64-0.160.98-0.760.290.980.980.980.98-0.340.130.490.310.270.56-0.940.180.29-0.5-0.560.60.98-0.1
0.290.290.39-0.320.24-0.090.290.250.260.260.25-0.540.150.47-0.570.41-0.13-0.330.15-0.06-0.09-0.450.230.180.11
0.980.960.66-0.030.96-0.760.980.250.960.980.95-0.270.140.450.240.260.59-0.970.070.33-0.44-0.450.590.97-0.09
0.991.00.49-0.191.0-0.830.980.260.960.941.0-0.290.210.480.370.30.62-0.90.240.35-0.55-0.560.660.98-0.21
0.980.940.71-0.050.95-0.70.980.260.980.940.94-0.260.070.470.270.230.55-0.940.140.27-0.43-0.460.590.95-0.01
0.981.00.47-0.21.0-0.830.980.250.951.00.94-0.280.210.460.380.280.63-0.890.240.35-0.56-0.560.660.98-0.23
-0.32-0.31-0.330.37-0.290.1-0.34-0.54-0.27-0.29-0.26-0.280.15-0.230.21-0.040.140.30.040.160.340.480.04-0.23-0.18
0.150.18-0.16-0.240.19-0.580.130.150.140.210.070.210.150.180.010.750.16-0.280.040.85-0.1-0.30.50.23-0.3
0.530.470.57-0.050.43-0.190.490.470.450.480.470.46-0.230.18-0.130.750.16-0.490.120.19-0.11-0.260.790.40.29
0.310.34-0.17-0.130.39-0.470.31-0.570.240.370.270.380.210.01-0.13-0.210.54-0.140.550.18-0.53-0.160.140.4-0.23
0.310.270.29-0.10.25-0.360.270.410.260.30.230.28-0.040.750.75-0.210.1-0.410.010.630.0-0.250.770.270.09
0.580.610.10.420.63-0.660.56-0.130.590.620.550.630.140.160.160.540.1-0.590.550.3-0.620.150.560.67-0.3
-0.93-0.9-0.69-0.03-0.90.77-0.94-0.33-0.97-0.9-0.94-0.890.3-0.28-0.49-0.14-0.41-0.59-0.07-0.440.420.41-0.62-0.940.06
0.190.22-0.13-0.070.24-0.270.180.150.070.240.140.240.040.040.120.550.010.55-0.07-0.03-0.63-0.090.250.21-0.12
0.310.310.0-0.040.34-0.650.29-0.060.330.350.270.350.160.850.190.180.630.3-0.44-0.03-0.34-0.190.490.41-0.25
-0.49-0.550.010.1-0.560.59-0.5-0.09-0.44-0.55-0.43-0.560.34-0.1-0.11-0.530.0-0.620.42-0.63-0.340.26-0.25-0.550.26
-0.54-0.57-0.190.9-0.560.53-0.56-0.45-0.45-0.56-0.46-0.560.48-0.3-0.26-0.16-0.250.150.41-0.09-0.190.26-0.17-0.50.15
0.650.640.350.090.62-0.560.60.230.590.660.590.660.040.50.790.140.770.56-0.620.250.49-0.25-0.170.61-0.03
0.970.970.53-0.10.98-0.860.980.180.970.980.950.98-0.230.230.40.40.270.67-0.940.210.41-0.55-0.50.61-0.19
-0.1-0.240.490.15-0.230.44-0.10.11-0.09-0.21-0.01-0.23-0.18-0.30.29-0.230.09-0.30.06-0.12-0.250.260.15-0.03-0.19
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Simon Property Account Relationship Matchups

Simon Property fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.2B34.8B33.8B33.0B34.3B24.0B
Short Long Term Debt Total25.5B27.3B25.8B25.5B26.5B17.7B
Total Stockholder Equity2.5B3.0B3.4B3.1B3.0B3.5B
Net Debt24.0B26.2B25.3B24.8B25.3B16.8B
Retained Earnings(5.4B)(6.1B)(5.8B)(5.9B)(6.1B)(5.8B)
Non Current Assets Total29.7B32.5B32.0B31.6B30.7B23.1B
Non Currrent Assets Other25.0B24.2B(10.4B)(10.1B)21.6B22.7B
Common Stock Shares Outstanding308.0M308.7M328.6M327.8M326.8M252.1M
Liabilities And Stockholders Equity31.2B34.8B33.8B33.0B34.3B24.0B
Non Current Liabilities Total25.1B27.8B26.4B26.0B27.1B18.3B
Other Stockholder Equity8.0B9.3B9.3B9.2B9.3B6.2B
Total Liab28.1B31.1B29.4B29.2B30.6B19.8B
Other Current Liab239.2M1.4B1.6B1.7B1.9B1.4B
Total Current Liabilities3.0B3.4B3.0B3.2B6.5B6.9B
Cash669.4M1.0B533.9M621.6M1.2B892.5M
Other Assets209.3M31.2B30.7B29.7B593.3M563.6M
Cash And Short Term Investments669.4M1.0B533.9M621.6M2.2B2.3B
Net Receivables832.2M1.2B919.7M823.5M826.1M673.5M
Inventory6.9M1.0(538.2M)2.2B2.5B2.6B
Other Current Assets(1.5B)(2.2B)934.9M(1.4B)440.9M402.2M
Property Plant And Equipment Gross514.7M512.9M504.1M496.9M484.1M459.9M
Total Current Assets1.5B2.2B1.8B1.4B3.0B1.8B
Accumulated Other Comprehensive Income(118.6M)(188.7M)(185.2M)(164.9M)(172.8M)(181.4M)
Other Liab413.8M513.5M540.9M452.2M407.0M640.9M
Accounts Payable1.4B1.3B1.4B1.5B1.7B1.3B
Long Term Debt24.2B26.7B25.3B25.0B26.0B20.2B
Preferred Stock Total Equity42.4M42.1M41.8M41.4M37.3M35.4M
Treasury Stock(1.4B)(1.8B)(1.9B)(1.9B)(1.7B)(1.6B)
Intangible Assets75.8M35.0M33.3M17.8M8.7M8.3M
Short Term Investments330.8M293.8M37.9B361.5M1B950M
Noncontrolling Interest In Consolidated Entity384.9M432.9M491.5M473.1M425.8M448.4M
Retained Earnings Total Equity(5.4B)(6.1B)(5.8B)(5.9B)(5.3B)(5.6B)
Deferred Long Term Liab209.3M1.1B1.1B97.6M112.2M106.6M
Property Plant Equipment23.9B23.2B22.8B22.3B25.6B22.1B
Net Tangible Assets2.7B3.2B3.3B3.3B3.0B3.4B
Capital Surpluse9.8B11.2B11.2B11.2B12.9B10.8B

Currently Active Assets on Macroaxis

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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.