Slate Free Cash Flow Yield vs Ev To Sales Analysis

SGR-UN Stock

CAD 14.76 0.11 0.75%

Slate Grocery financial indicator trend analysis is much more than just breaking down Slate Grocery REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Slate Grocery REIT is a good investment. Please check the relationship between Slate Grocery Free Cash Flow Yield and its Ev To Sales accounts. 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.

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slate Grocery REIT Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.

The correlation between Slate Grocery's Free Cash Flow Yield and Ev To Sales is -0.82. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Slate Grocery REIT, assuming nothing else is changed. The correlation between historical values of Slate Grocery's Free Cash Flow Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Slate Grocery REIT are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., Slate Grocery's Free Cash Flow Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Slate Grocery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 20.30, whereas Tax Provision is forecasted to decline to about 1.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	100.9M	127.4M	130.5M	84.3M
Total Revenue	138.3M	177.5M	203.3M	117.8M

Gross Profit Total Revenue

Slate Grocery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Liab	Long Term Debt	Long Term Investments	Short Long Term Debt	Short Term Debt
Total Assets		0.99	0.81	0.58	0.78	1.0	0.99	0.96	0.5	1.0	-0.55	0.5	0.95	0.97	0.88	0.63	0.31	-0.03	0.93	0.95	0.94	0.86	0.92	0.71	-0.11	-0.11
Short Long Term Debt Total	0.99		0.78	0.56	0.75	1.0	1.0	0.96	0.43	0.99	-0.58	0.43	0.96	0.97	0.9	0.6	0.32	-0.05	0.95	0.91	0.95	0.83	0.94	0.64	-0.17	-0.17
Other Current Liab	0.81	0.78		0.77	0.93	0.79	0.78	0.78	0.67	0.81	-0.37	0.67	0.76	0.85	0.57	0.57	-0.04	0.03	0.64	0.82	0.78	0.9	0.69	0.93	0.27	0.27
Total Current Liabilities	0.58	0.56	0.77		0.75	0.57	0.55	0.55	0.76	0.58	-0.24	0.76	0.51	0.56	0.35	0.35	0.1	0.18	0.46	0.61	0.51	0.86	0.43	0.82	0.67	0.67
Total Stockholder Equity	0.78	0.75	0.93	0.75		0.76	0.75	0.83	0.51	0.78	-0.33	0.51	0.76	0.85	0.46	0.64	-0.09	0.0	0.55	0.79	0.73	0.83	0.63	0.85	0.3	0.3
Property Plant And Equipment Net	1.0	1.0	0.79	0.57	0.76		1.0	0.96	0.47	1.0	-0.61	0.47	0.95	0.97	0.9	0.63	0.32	-0.01	0.94	0.93	0.94	0.85	0.93	0.67	-0.15	-0.15
Net Debt	0.99	1.0	0.78	0.55	0.75	1.0		0.97	0.42	0.99	-0.59	0.42	0.96	0.97	0.9	0.6	0.31	-0.06	0.95	0.91	0.95	0.83	0.94	0.64	-0.17	-0.17
Accounts Payable	0.96	0.96	0.78	0.55	0.83	0.96	0.97		0.34	0.96	-0.55	0.34	0.96	0.97	0.8	0.71	0.23	-0.09	0.85	0.91	0.9	0.8	0.86	0.62	-0.13	-0.13
Cash	0.5	0.43	0.67	0.76	0.51	0.47	0.42	0.34		0.5	-0.18	1.0	0.35	0.39	0.38	0.19	0.35	0.2	0.45	0.61	0.41	0.8	0.42	0.86	0.46	0.46
Non Current Assets Total	1.0	0.99	0.81	0.58	0.78	1.0	0.99	0.96	0.5		-0.56	0.5	0.95	0.97	0.88	0.63	0.3	-0.03	0.93	0.95	0.94	0.86	0.92	0.7	-0.12	-0.12
Non Currrent Assets Other	-0.55	-0.58	-0.37	-0.24	-0.33	-0.61	-0.59	-0.55	-0.18	-0.56		-0.18	-0.54	-0.52	-0.62	-0.34	-0.29	-0.38	-0.62	-0.47	-0.5	-0.45	-0.62	-0.24	0.32	0.32
Cash And Short Term Investments	0.5	0.43	0.67	0.76	0.51	0.47	0.42	0.34	1.0	0.5	-0.18		0.35	0.39	0.38	0.19	0.35	0.2	0.45	0.61	0.41	0.8	0.42	0.86	0.46	0.46
Net Receivables	0.95	0.96	0.76	0.51	0.76	0.95	0.96	0.96	0.35	0.95	-0.54	0.35		0.95	0.83	0.56	0.28	0.03	0.88	0.89	0.88	0.76	0.88	0.62	-0.13	-0.13
Common Stock Shares Outstanding	0.97	0.97	0.85	0.56	0.85	0.97	0.97	0.97	0.39	0.97	-0.52	0.39	0.95		0.81	0.69	0.11	-0.07	0.86	0.92	0.94	0.82	0.86	0.7	-0.1	-0.1
Non Current Liabilities Total	0.88	0.9	0.57	0.35	0.46	0.9	0.9	0.8	0.38	0.88	-0.62	0.38	0.83	0.81		0.47	0.46	-0.07	0.99	0.76	0.87	0.71	0.94	0.44	-0.4	-0.4
Inventory	0.63	0.6	0.57	0.35	0.64	0.63	0.6	0.71	0.19	0.63	-0.34	0.19	0.56	0.69	0.47		-0.12	-0.22	0.5	0.71	0.67	0.56	0.53	0.43	-0.09	-0.09
Other Current Assets	0.31	0.32	-0.04	0.1	-0.09	0.32	0.31	0.23	0.35	0.3	-0.29	0.35	0.28	0.11	0.46	-0.12		0.04	0.45	0.3	0.17	0.27	0.41	0.06	-0.27	-0.27
Other Stockholder Equity	-0.03	-0.05	0.03	0.18	0.0	-0.01	-0.06	-0.09	0.2	-0.03	-0.38	0.2	0.03	-0.07	-0.07	-0.22	0.04		-0.04	0.0	-0.07	0.08	-0.11	0.16	0.37	0.37
Total Liab	0.93	0.95	0.64	0.46	0.55	0.94	0.95	0.85	0.45	0.93	-0.62	0.45	0.88	0.86	0.99	0.5	0.45	-0.04		0.83	0.9	0.78	0.94	0.53	-0.29	-0.29
Total Current Assets	0.95	0.91	0.82	0.61	0.79	0.93	0.91	0.91	0.61	0.95	-0.47	0.61	0.89	0.92	0.76	0.71	0.3	0.0	0.83		0.85	0.87	0.82	0.78	0.0	0.0
Common Stock	0.94	0.95	0.78	0.51	0.73	0.94	0.95	0.9	0.41	0.94	-0.5	0.41	0.88	0.94	0.87	0.67	0.17	-0.07	0.9	0.85		0.82	0.9	0.64	-0.17	-0.17
Other Liab	0.86	0.83	0.9	0.86	0.83	0.85	0.83	0.8	0.8	0.86	-0.45	0.8	0.76	0.82	0.71	0.56	0.27	0.08	0.78	0.87	0.82		0.78	0.9	0.27	0.27
Long Term Debt	0.92	0.94	0.69	0.43	0.63	0.93	0.94	0.86	0.42	0.92	-0.62	0.42	0.88	0.86	0.94	0.53	0.41	-0.11	0.94	0.82	0.9	0.78		0.56	-0.33	-0.33
Long Term Investments	0.71	0.64	0.93	0.82	0.85	0.67	0.64	0.62	0.86	0.7	-0.24	0.86	0.62	0.7	0.44	0.43	0.06	0.16	0.53	0.78	0.64	0.9	0.56		0.46	0.46
Short Long Term Debt	-0.11	-0.17	0.27	0.67	0.3	-0.15	-0.17	-0.13	0.46	-0.12	0.32	0.46	-0.13	-0.1	-0.4	-0.09	-0.27	0.37	-0.29	0.0	-0.17	0.27	-0.33	0.46		1.0
Short Term Debt	-0.11	-0.17	0.27	0.67	0.3	-0.15	-0.17	-0.13	0.46	-0.12	0.32	0.46	-0.13	-0.1	-0.4	-0.09	-0.27	0.37	-0.29	0.0	-0.17	0.27	-0.33	0.46	1.0

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Slate Grocery Account Relationship Matchups

Slate Grocery fundamental ratios 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	8.2M	9.6M	25.9M	20.0M	23.1M	24.2M
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	10.9M
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	14.0M
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	1.8M	1.8M	1.0M
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	5.1M	8.5M	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.

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 Correlation Correlation Matching

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.

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Slate Free Cash Flow Yield vs Ev To Sales Analysis

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ev To Sales

Slate Grocery fundamental ratios Correlations

Slate Grocery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Slate Grocery fundamental ratios Accounts

Pair Trading with Slate Grocery

Other Information on Investing in Slate Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Long Term Debt	- 0.62	Non Currrent Assets Other
Total Liab	- 0.62	Non Currrent Assets Other
Non Current Liabilities Total	- 0.62	Non Currrent Assets Other
Non Currrent Assets Other	- 0.61	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.59	Net Debt
Non Currrent Assets Other	- 0.58	Short Long Term Debt Total