Prologis Net Tangible Assets vs Total Assets Analysis

PLD Stock  USD 114.10  1.73  1.49%   
Prologis financial indicator trend analysis is much more than just breaking down Prologis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prologis is a good investment. Please check the relationship between Prologis Net Tangible Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prologis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Prologis Stock refer to our How to Trade Prologis Stock guide.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prologis Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Prologis' Net Tangible Assets and Total Assets is 0.97. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Prologis, assuming nothing else is changed. The correlation between historical values of Prologis' Net Tangible Assets 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 Net Tangible Assets of Prologis 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 Net Tangible Assets i.e., Prologis' Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of Prologis 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 Prologis 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 Prologis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prologis 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 Prologis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Prologis Stock refer to our How to Trade Prologis Stock guide.At present, Prologis' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 41.6 B, whereas Tax Provision is forecasted to decline to about 112.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.5B4.5B3.5B3.7B
Total Revenue4.8B6.0B8.0B8.4B

Prologis fundamental ratios Correlations

0.980.570.831.0-0.190.980.161.00.960.920.170.940.981.00.990.56-0.070.940.97-0.180.560.920.990.990.55
0.980.50.780.97-0.141.00.110.980.920.910.130.931.00.971.00.56-0.020.910.97-0.130.490.940.981.00.54
0.570.50.870.590.090.51-0.250.580.520.57-0.250.370.460.580.54-0.170.210.530.470.080.390.620.570.510.44
0.830.780.870.84-0.230.78-0.070.830.770.79-0.070.70.740.840.80.21-0.080.780.76-0.230.480.810.840.790.66
1.00.970.590.84-0.20.970.151.00.970.930.170.930.961.00.980.54-0.090.930.96-0.190.60.920.990.980.55
-0.19-0.140.09-0.23-0.2-0.13-0.28-0.18-0.25-0.16-0.28-0.32-0.11-0.22-0.13-0.390.98-0.23-0.221.0-0.08-0.04-0.18-0.16-0.31
0.981.00.510.780.97-0.130.080.980.910.910.10.921.00.971.00.54-0.010.90.96-0.120.50.950.981.00.55
0.160.11-0.25-0.070.15-0.280.080.140.25-0.011.00.380.130.190.110.74-0.290.340.27-0.3-0.1-0.090.10.130.04
1.00.980.580.831.0-0.180.980.140.960.930.150.940.981.00.990.55-0.070.940.97-0.170.560.930.990.990.55
0.960.920.520.770.97-0.250.910.250.960.90.260.90.910.960.920.57-0.170.890.92-0.240.680.860.940.940.42
0.920.910.570.790.93-0.160.91-0.010.930.90.00.790.90.910.910.4-0.070.790.85-0.140.630.920.910.920.45
0.170.13-0.25-0.070.17-0.280.11.00.150.260.00.40.150.20.120.75-0.290.350.28-0.3-0.09-0.080.120.150.04
0.940.930.370.70.93-0.320.920.380.940.90.790.40.930.950.930.76-0.210.970.98-0.320.350.770.940.940.54
0.981.00.460.740.96-0.111.00.130.980.910.90.150.930.960.990.580.010.910.97-0.090.480.930.970.990.52
1.00.970.580.841.0-0.220.970.191.00.960.910.20.950.960.980.57-0.10.960.98-0.210.530.90.990.980.56
0.991.00.540.80.98-0.131.00.110.990.920.910.120.930.990.980.54-0.010.920.97-0.120.50.950.981.00.56
0.560.56-0.170.210.54-0.390.540.740.550.570.40.750.760.580.570.54-0.350.660.65-0.40.10.290.540.570.4
-0.07-0.020.21-0.08-0.090.98-0.01-0.29-0.07-0.17-0.07-0.29-0.210.01-0.1-0.01-0.35-0.1-0.10.98-0.090.08-0.05-0.05-0.19
0.940.910.530.780.93-0.230.90.340.940.890.790.350.970.910.960.920.66-0.10.97-0.240.320.770.940.920.6
0.970.970.470.760.96-0.220.960.270.970.920.850.280.980.970.980.970.65-0.10.97-0.220.390.860.970.970.53
-0.18-0.130.08-0.23-0.191.0-0.12-0.3-0.17-0.24-0.14-0.3-0.32-0.09-0.21-0.12-0.40.98-0.24-0.22-0.04-0.01-0.17-0.15-0.32
0.560.490.390.480.6-0.080.5-0.10.560.680.63-0.090.350.480.530.50.1-0.090.320.39-0.040.60.520.520.11
0.920.940.620.810.92-0.040.95-0.090.930.860.92-0.080.770.930.90.950.290.080.770.86-0.010.60.910.930.45
0.990.980.570.840.99-0.180.980.10.990.940.910.120.940.970.990.980.54-0.050.940.97-0.170.520.910.990.58
0.991.00.510.790.98-0.161.00.130.990.940.920.150.940.990.981.00.57-0.050.920.97-0.150.520.930.990.55
0.550.540.440.660.55-0.310.550.040.550.420.450.040.540.520.560.560.4-0.190.60.53-0.320.110.450.580.55
Click cells to compare fundamentals

Prologis Account Relationship Matchups

Prologis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.0B56.1B58.5B87.9B93.0B97.7B
Short Long Term Debt Total12.4B17.3B18.2B25.4B31.8B33.4B
Other Current Liab117.7M126.4M133.7M2.6B615.5M646.2M
Total Current Liabilities1.1B1.6B2.1B6.2B3.3B3.4B
Total Stockholder Equity22.7B32.0B33.4B53.2B53.2B55.8B
Property Plant And Equipment Net593.8M610.5M577.4M855.3M208.0M197.6M
Net Debt11.3B16.7B17.6B25.1B31.3B32.8B
Cash1.1B598.1M556.1M278.5M530.4M317.3M
Non Current Assets Total37.9B53.9B56.5B87.1B91.2B95.8B
Non Currrent Assets Other30.7B44.9B46.8B75.3B80.4B84.4B
Other Assets505.8M55.5B11.1B77.9B80.0B84.0B
Cash And Short Term Investments1.1B598.1M556.1M278.5M530.4M343.0M
Common Stock Shares Outstanding673.4M775.2M785.7M834.8M975.1M1.0B
Liabilities And Stockholders Equity40.0B56.1B58.5B87.9B93.0B97.7B
Non Current Liabilities Total12.8B18.1B18.7B23.9B31.9B33.5B
Other Stockholder Equity25.7B35.5B35.6B54.1B54.2B57.0B
Total Liab14.0B19.7B20.7B30.0B35.2B37.0B
Total Current Assets2.2B2.2B2.0B809.7M1.8B1.9B
Short Term Debt184.3M171.8M491.4M1.5B530.5M887.4M
Common Stock6.3M7.4M7.4M9.2M9.2M8.8M
Common Stock Total Equity6.3M7.4M7.4M9.2M10.6M11.1M
Property Plant And Equipment Gross593.8M610.5M577.4M855.3M891.7M847.2M
Accumulated Other Comprehensive Income(990.4M)(1.2B)(878.3M)(443.6M)(514.2M)(539.9M)
Retained Earnings(2.2B)(2.4B)(1.3B)(457.7M)(627.1M)(658.4M)
Other Liab672.5M1.0B1.1B3.6B4.1B4.3B
Accounts Payable705.0M1.1B1.3B1.7B1.8B1.9B
Long Term Debt11.9B16.8B17.7B23.9B28.0B29.4B
Net Receivables242.1M380.4M593.2M637.9M554.3M289.1M
Short Term Investments10.2M27K209.9M45.6M118K112.1K
Other Current Assets(1.3B)(978.5M)(1.1B)770.7M(1.1B)(1.0B)
Intangible Assets314.2M726.8M552.5M1.2B1.0B1.1B
Property Plant Equipment30.4B44.3B45.3B72.6B83.5B87.6B
Noncontrolling Interest In Consolidated Entity3.4B4.4B4.3B4.6B4.2B5.5B
Retained Earnings Total Equity(2.2B)(2.4B)(1.3B)(457.7M)(526.3M)(552.7M)
Deferred Long Term Liab381.0M426.0M520.8M650.1M747.6M785.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Prologis is a strong investment it is important to analyze Prologis' 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 Prologis' future performance. For an informed investment choice regarding Prologis 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 Prologis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Prologis Stock refer to our How to Trade Prologis Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Diversified 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 Prologis. If investors know Prologis 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 Prologis 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
0.343
Dividend Share
3.75
Earnings Share
3.31
Revenue Per Share
8.901
Quarterly Revenue Growth
0.068
The market value of Prologis is measured differently than its book value, which is the value of Prologis that is recorded on the company's balance sheet. Investors also form their own opinion of Prologis' value that differs from its market value or its book value, called intrinsic value, which is Prologis' 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 Prologis' market value can be influenced by many factors that don't directly affect Prologis' 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 Prologis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prologis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prologis' 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.