Seritage Gross Profit vs Income Before Tax Analysis

SRG Stock  USD 3.63  0.01  0.28%   
Seritage Growth financial indicator trend analysis is much more than just breaking down Seritage Growth Prop prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seritage Growth Prop is a good investment. Please check the relationship between Seritage Growth Gross Profit and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seritage Growth Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Gross Profit vs Income Before Tax

JavaScript chart by amCharts 3.21.1520162018202020222024020M40M60M80M100M120M140M160M180M -160M-150M-140M-130M-120M-110M-100M-90M-80M-70M-60M-50M-40M-30M-20M-10M
JavaScript chart by amCharts 3.21.15Gross Profittotal: 972.5MIncome Before Taxtotal: -1.2B

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seritage Growth Prop Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
Gross ProfitIncome Before TaxDiversified AwayGross ProfitIncome Before TaxDiversified Away100%
The correlation between Seritage Growth's Gross Profit and Income Before Tax is 0.7. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Seritage Growth Properties, assuming nothing else is changed. The correlation between historical values of Seritage Growth's Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Seritage Growth Properties are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Seritage Growth's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Seritage Growth Properties minus its cost of goods sold. It is profit before Seritage Growth operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Seritage Growth income statement and is an important metric when analyzing Seritage Growth Prop profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Seritage Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seritage Growth Prop 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 Seritage Growth Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Seritage Growth's Tax Provision is most likely to decrease significantly in the upcoming years. The Seritage Growth's current Sales General And Administrative To Revenue is estimated to increase to 2.06, while Selling General Administrative is projected to decrease to roughly 35.1 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses88.7M46.0M41.4M39.3M
Cost Of Revenue65.7M27.4M24.7M23.4M

Seritage Growth fundamental ratios Correlations

-0.87-0.40.08-0.61-0.89-0.750.820.76-0.69-0.880.780.09-0.88-0.720.52-0.080.090.090.99-0.830.15-0.08-0.660.95-0.77
-0.870.66-0.260.690.860.72-0.66-0.950.890.83-0.660.030.990.6-0.410.10.030.14-0.850.730.040.10.88-0.810.93
-0.40.66-0.790.760.410.21-0.05-0.830.820.23-0.260.240.64-0.110.090.250.240.69-0.320.070.40.250.85-0.230.85
0.08-0.26-0.79-0.36-0.260.01-0.020.54-0.38-0.050.25-0.02-0.240.23-0.170.2-0.02-0.44-0.050.070.00.2-0.360.0-0.56
-0.610.690.76-0.360.380.26-0.22-0.720.80.32-0.210.280.680.10.20.530.280.51-0.60.190.460.530.84-0.440.77
-0.890.860.41-0.260.380.82-0.85-0.80.590.95-0.94-0.140.850.74-0.63-0.28-0.14-0.24-0.840.9-0.42-0.290.55-0.90.77
-0.750.720.210.010.260.82-0.69-0.60.430.83-0.760.020.690.65-0.67-0.210.02-0.17-0.740.81-0.41-0.220.44-0.760.57
0.82-0.66-0.05-0.02-0.22-0.85-0.690.54-0.36-0.930.770.47-0.69-0.950.540.390.470.560.82-0.950.590.39-0.250.95-0.51
0.76-0.95-0.830.54-0.72-0.8-0.60.54-0.91-0.70.610.0-0.94-0.430.27-0.020.0-0.270.71-0.58-0.07-0.02-0.890.69-0.99
-0.690.890.82-0.380.80.590.43-0.36-0.910.53-0.330.00.90.3-0.10.330.00.48-0.670.390.370.340.96-0.560.93
-0.880.830.23-0.050.320.950.83-0.93-0.70.53-0.84-0.250.840.9-0.64-0.27-0.25-0.38-0.860.99-0.46-0.280.47-0.940.68
0.78-0.66-0.260.25-0.21-0.94-0.760.770.61-0.33-0.840.05-0.63-0.620.670.370.050.360.72-0.830.550.38-0.330.79-0.59
0.090.030.24-0.020.28-0.140.020.470.00.0-0.250.05-0.09-0.48-0.010.521.00.450.08-0.290.530.510.260.260.02
-0.880.990.64-0.240.680.850.69-0.69-0.940.90.84-0.63-0.090.64-0.390.09-0.090.11-0.860.740.030.090.86-0.830.93
-0.720.6-0.110.230.10.740.65-0.95-0.430.30.9-0.62-0.480.64-0.57-0.35-0.48-0.63-0.750.94-0.54-0.360.19-0.880.39
0.52-0.410.09-0.170.2-0.63-0.670.540.27-0.1-0.640.67-0.01-0.39-0.570.22-0.010.390.52-0.670.360.23-0.120.58-0.25
-0.080.10.250.20.53-0.28-0.210.39-0.020.33-0.270.370.520.09-0.350.220.520.64-0.14-0.340.881.00.440.150.12
0.090.030.24-0.020.28-0.140.020.470.00.0-0.250.051.0-0.09-0.48-0.010.520.450.08-0.290.530.510.260.260.02
0.090.140.69-0.440.51-0.24-0.170.56-0.270.48-0.380.360.450.11-0.630.390.640.450.12-0.510.770.640.560.330.32
0.99-0.85-0.32-0.05-0.6-0.84-0.740.820.71-0.67-0.860.720.08-0.86-0.750.52-0.140.080.12-0.820.12-0.13-0.640.95-0.71
-0.830.730.070.070.190.90.81-0.95-0.580.390.99-0.83-0.290.740.94-0.67-0.34-0.29-0.51-0.82-0.55-0.340.33-0.930.55
0.150.040.40.00.46-0.42-0.410.59-0.070.37-0.460.550.530.03-0.540.360.880.530.770.12-0.550.880.470.360.12
-0.080.10.250.20.53-0.29-0.220.39-0.020.34-0.280.380.510.09-0.360.231.00.510.64-0.13-0.340.880.440.150.12
-0.660.880.85-0.360.840.550.44-0.25-0.890.960.47-0.330.260.860.19-0.120.440.260.56-0.640.330.470.44-0.490.91
0.95-0.81-0.230.0-0.44-0.9-0.760.950.69-0.56-0.940.790.26-0.83-0.880.580.150.260.330.95-0.930.360.15-0.49-0.66
-0.770.930.85-0.560.770.770.57-0.51-0.990.930.68-0.590.020.930.39-0.250.120.020.32-0.710.550.120.120.91-0.66
Click cells to compare fundamentals

Seritage Growth Account Relationship Matchups

Seritage Growth fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding38.3M42.4M49.7M56.2M64.6M42.5M
Total Assets2.6B2.4B1.8B973.9M876.5M832.7M
Short Long Term Debt Total1.6B1.5B2.1B367.6M330.8M314.3M
Other Current Liab52.1M24.9M(978.3M)410.7M369.6M388.1M
Total Current Liabilities123.3M88.0M81.9M43.4M39.1M68.4M
Total Stockholder Equity649.0M687.7M720.5M562.0M505.8M596.4M
Other Liab20.7M4.2M3.7M978K880.2K836.2K
Net Tangible Assets663.2M630.4M672.9M718.7M826.4M628.0M
Property Plant And Equipment Net21.7M21.2M17.3M560.7M644.9M677.1M
Noncontrolling Interest In Consolidated Entity312.0M233.7M157.1M2.1M1.9M1.8M
Net Debt1.5B1.4B902.2M233.6M210.2M199.7M
Retained Earnings(528.6M)(553.8M)(640.5M)(800.3M)(720.3M)(684.3M)
Accounts Payable44.8M36.0M25.5M42.3M48.6M31.4M
Cash143.7M106.6M133.5M134.0M120.6M137.5M
Non Current Assets Total2.4B2.3B1.2B886K797.4K757.5K
Non Currrent Assets Other9.4M9.8M(1.1B)(196.4M)(176.8M)(168.0M)
Other Assets2.4B567.5M1.3B826.7M950.7M672.9M
Long Term Debt1.6B1.6B1.4B1.0B1.2B1.5B
Cash And Short Term Investments143.7M106.6M133.5M134.0M120.6M137.5M
Net Receivables46.6M29.1M41.5M12.2M14.1M13.4M
Common Stock Total Equity381K389K436K561K645.2K435.7K
Retained Earnings Total Equity(418.7M)(528.6M)(553.8M)(640.5M)(576.5M)(547.7M)
Long Term Debt Total1.6B1.6B1.5B1.0B1.2B1.5B
Liabilities And Stockholders Equity2.6B2.4B1.8B973.9M876.5M832.7M
Non Current Liabilities Total1.6B1.5B1.0B367.3M330.6M314.0M
Capital Surpluse1.1B1.2B1.2B1.4B1.6B1.2B
Other Current Assets(196.8M)(142.9M)(186.4M)69.6M62.6M65.7M
Other Stockholder Equity1.2B1.2B1.4B1.4B1.6B1.3B
Total Liab1.8B1.6B1.1B410.7M369.6M351.1M
Long Term Investments445.1M457.0M498.6M382.6M440.0M456.1M
Property Plant And Equipment Gross22.8M21.7M21.2M17.3M15.6M14.8M
Total Current Assets208.3M152.9M652.7M146.2M168.2M335.4M
Short Term Debt20.4M20.6M1.0B1.2M1.0M984.1K
Intangible Assets18.6M14.8M1.8M886K797.4K757.5K

Currently Active Assets on Macroaxis

When determining whether Seritage Growth Prop is a strong investment it is important to analyze Seritage Growth'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 Seritage Growth's future performance. For an informed investment choice regarding Seritage 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 Seritage Growth Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Real Estate Management & Development 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 Seritage Growth. If investors know Seritage 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 Seritage Growth 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
(0.98)
Earnings Share
(2.46)
Revenue Per Share
1.002
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.02)
The market value of Seritage Growth Prop is measured differently than its book value, which is the value of Seritage that is recorded on the company's balance sheet. Investors also form their own opinion of Seritage Growth's value that differs from its market value or its book value, called intrinsic value, which is Seritage Growth'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 Seritage Growth's market value can be influenced by many factors that don't directly affect Seritage Growth'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 Seritage Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seritage Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seritage Growth'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.