Slate Historical Balance Sheet
SGR-UN Stock | CAD 14.96 0.10 0.66% |
Trend analysis of Slate Grocery REIT balance sheet accounts such as Total Stockholder Equity of 721.8 M, Property Plant And Equipment Net of 1.3 B, Net Debt of 744.8 M or Accounts Payable of 10.6 M provides information on Slate Grocery's total assets, liabilities, and equity, which is the actual value of Slate Grocery REIT to its prevalent stockholders. By breaking down trends over time using Slate Grocery balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Slate Grocery REIT latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Slate Grocery REIT is a good buy for the upcoming year.
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About Slate Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Slate Grocery REIT at a specified time, usually calculated after every quarter, six months, or one year. Slate Grocery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Slate Grocery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Slate currently owns. An asset can also be divided into two categories, current and non-current.
Slate Grocery Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Slate Grocery balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Slate Grocery REIT 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.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most accounts from Slate Grocery's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Slate Grocery REIT current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Slate Grocery REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Slate Grocery's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 721.8 M, whereas Total Assets are forecasted to decline to about 1.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 937.7M | 1.1B | 1.2B | 756.0M | Total Assets | 1.7B | 2.3B | 2.2B | 1.4B |
Slate Grocery balance sheet Correlations
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Slate Grocery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Slate Grocery balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.3B | 1.7B | 2.3B | 2.2B | 1.4B | |
Short Long Term Debt Total | 789.4M | 726.4M | 937.7M | 1.1B | 1.2B | 756.0M | |
Other Current Liab | 13.1M | 10.0M | 21.3M | 25.9M | 22.9M | 11.8M | |
Total Current Liabilities | 105.2M | 30.9M | 52.4M | 134.7M | 348.9M | 366.4M | |
Total Stockholder Equity | 403.4M | 452.7M | 619.0M | 740.5M | 687.4M | 721.8M | |
Property Plant And Equipment Net | 1.3B | 1.3B | 1.6B | 2.1B | 2.1B | 1.3B | |
Net Debt | 787.0M | 724.0M | 923.7M | 1.1B | 1.1B | 744.8M | |
Accounts Payable | 11.4M | 13.7M | 12.8M | 16.3M | 16.7M | 10.6M | |
Cash | 2.4M | 2.4M | 14.0M | 20.4M | 23.6M | 24.8M | |
Non Current Assets Total | 1.3B | 1.3B | 1.7B | 2.2B | 2.2B | 1.3B | |
Non Currrent Assets Other | 4.1M | 6.3M | 1.4M | 17.6M | 8.4M | 10.3M | |
Cash And Short Term Investments | 2.4M | 2.4M | 14.0M | 20.4M | 23.6M | 24.8M | |
Net Receivables | 12.1M | 13.2M | 18M | 24.0M | 22.5M | 11.5M | |
Common Stock Shares Outstanding | 43.9M | 47.4M | 58.8M | 61.1M | 60.8M | 42.5M | |
Liabilities And Stockholders Equity | 1.3B | 1.3B | 1.7B | 2.3B | 2.2B | 1.4B | |
Non Current Liabilities Total | 806.5M | 839.9M | 1.1B | 1.2B | 1.0B | 933.7M | |
Inventory | 2.7M | 20.7M | 7.6M | 9.7M | 9.8M | 6.2M | |
Other Current Assets | 274K | 370K | 119K | (549K) | 6.7M | 4.1M | |
Other Stockholder Equity | (12.8M) | (25.3M) | (14.7M) | 10.5M | 9.4M | 9.9M | |
Total Liab | 911.7M | 870.8M | 1.1B | 1.3B | 1.4B | 1.0B | |
Total Current Assets | 17.4M | 36.6M | 39.8M | 55.9M | 57.7M | 31.8M | |
Common Stock | 407.6M | 463.6M | 576.5M | 596.7M | 584.8M | 431.7M | |
Other Liab | 65.0M | 72.3M | 109.9M | 154.9M | 178.2M | 187.1M | |
Long Term Debt | 708.9M | 721.3M | 929.2M | 1.0B | 859.6M | 830.3M | |
Long Term Investments | 5.0M | 3.5M | 87.3M | 109.5M | 107.1M | 112.5M | |
Short Long Term Debt | 80.5M | 5.1M | 8.5M | 91.9M | 302.1M | 317.2M | |
Short Term Debt | 80.5M | 5.4M | 18.1M | 91.9M | 302.1M | 317.2M | |
Property Plant Equipment | 1.3B | 1.3B | 1.6B | 2.1B | 2.4B | 1.3B | |
Net Tangible Assets | 403.4M | 452.7M | 619.0M | 740.5M | 851.6M | 894.2M | |
Retained Earnings | 8.7M | 14.4M | 57.1M | 133.3M | 96.8M | 101.7M | |
Other Assets | 2.3M | 6.3M | 1.4M | 1.2M | 1.1M | 1.0M | |
Accumulated Other Comprehensive Income | (12.8M) | (25.3M) | (14.7M) | 10.5M | 5.8M | 6.1M | |
Current Deferred Revenue | 5.1M | 2.5M | 5.2M | 6.4M | 7.0M | 4.7M | |
Non Current Liabilities Other | 13.7M | 12.3M | 15.4M | 14.9M | 13.4M | 12.7M | |
Net Invested Capital | 1.2B | 1.2B | 1.6B | 1.9B | 1.8B | 1.6B | |
Net Working Capital | (87.7M) | 5.7M | (12.7M) | (78.7M) | (291.2M) | (276.6M) | |
Capital Stock | 407.6M | 463.6M | 576.5M | 596.7M | 584.8M | 558.8M |
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.Moving together with Slate Stock
Moving against Slate Stock
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.Other Information on Investing in Slate Stock
Balance Sheet is a snapshot of the financial position of Slate Grocery REIT at a specified time, usually calculated after every quarter, six months, or one year. Slate Grocery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Slate Grocery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Slate currently owns. An asset can also be divided into two categories, current and non-current.