Joe Pleckaitis - Slate Grocery Chief Officer

SGR-UN Stock  CAD 14.75  0.05  0.34%   

Executive

Joe Pleckaitis is Chief Officer of Slate Grocery REIT
Address 121 King Street West, Toronto, ON, Canada, M5H 3T9
Phone416 644 4264
Webhttps://www.slategroceryreit.com

Slate Grocery Management Efficiency

The company has return on total asset (ROA) of 0.0372 % which means that it generated a profit of $0.0372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0461 %, meaning that it generated $0.0461 on every $100 dollars invested by stockholders. Slate Grocery's management efficiency ratios could be used to measure how well Slate Grocery manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.02, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Slate Grocery's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 894.2 M, whereas Total Assets are forecasted to decline to about 1.4 B.
Slate Grocery REIT has accumulated 1.16 B in total debt with debt to equity ratio (D/E) of 1.36, which is about average as compared to similar companies. Slate Grocery REIT has a current ratio of 0.39, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Slate Grocery until it has trouble settling it off, either with new capital or with free cash flow. So, Slate Grocery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Slate Grocery REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Slate to invest in growth at high rates of return. When we think about Slate Grocery's use of debt, we should always consider it together with cash and equity.

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Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REITs resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. SLATE GROCERY operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange. Slate Grocery REIT (SGR-UN) is traded on Toronto Exchange in Canada and employs 20 people. Slate Grocery is listed under Retail REITs category by Fama And French industry classification.

Management Performance

Slate Grocery REIT Leadership Team

Elected by the shareholders, the Slate Grocery's board of directors comprises two types of representatives: Slate Grocery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Slate. The board's role is to monitor Slate Grocery's management team and ensure that shareholders' interests are well served. Slate Grocery's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Slate Grocery's outside directors are responsible for providing unbiased perspectives on the board's policies.
Connor OBrien, Managing Director
John Murray, Senior Legal
CFA CFA, MD Presima
Bozena Jankowska, MD ESG
Katie Fasken, Managing Relations
Lisa Rowe, Partner
Nicole Trpcic, Ma Operations
Andrew Agatep, Chief Officer
Joe Pleckaitis, Chief Officer
CA CA, CEO Trustee
Bon Lee, Senior Taxation
Blair CA, CEO Trustee
Katie Fong, Managing Director
Billie McCormick, Director Operations
Karolina Kmiecik, Director Communications
Ramsey JD, Corporate Counsel
Misoo Chung, Chief Presima
Joseph Pleckaitis, Chief Officer
Allen Gordon, Senior President
Matt Edgar, Chief Officer

Slate Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Slate Grocery a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Slate Grocery

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Slate Grocery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Slate Grocery will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Slate Grocery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slate Grocery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Slate Grocery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Slate Grocery REIT to buy it.
The correlation of Slate Grocery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Slate Grocery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Grocery REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Slate Grocery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Slate Stock

Slate Grocery financial ratios help investors to determine whether Slate Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Slate with respect to the benefits of owning Slate Grocery security.