SmartCentres Historical Balance Sheet
SRU-UN Stock | CAD 25.21 0.03 0.12% |
Trend analysis of SmartCentres Real Estate balance sheet accounts such as Total Stockholder Equity of 5.5 B, Property Plant And Equipment Net of 4 M, Net Debt of 2.7 B or Retained Earnings of 2.3 B provides information on SmartCentres Real's total assets, liabilities, and equity, which is the actual value of SmartCentres Real Estate to its prevalent stockholders. By breaking down trends over time using SmartCentres Real 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 SmartCentres Real Estate 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 SmartCentres Real Estate is a good buy for the upcoming year.
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About SmartCentres Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of SmartCentres Real Estate at a specified time, usually calculated after every quarter, six months, or one year. SmartCentres Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SmartCentres Real 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 SmartCentres currently owns. An asset can also be divided into two categories, current and non-current.
SmartCentres Real Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of SmartCentres Real 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 SmartCentres Real Estate 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.Total Current Liabilities
Total Current Liabilities is an item on SmartCentres Real balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SmartCentres Real Estate 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.Long Term Debt
Long-term debt is a debt that SmartCentres Real Estate has held for over one year. Long-term debt appears on SmartCentres Real Estate balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on SmartCentres Real Estate balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most accounts from SmartCentres Real's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into SmartCentres Real Estate 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 SmartCentres Real Estate. 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, SmartCentres Real's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 901.9 M, whereas Total Assets are forecasted to decline to about 6 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.9B | 5.0B | 5.0B | 2.8B | Total Assets | 11.3B | 11.7B | 11.9B | 6.0B |
SmartCentres Real balance sheet Correlations
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SmartCentres Real Account Relationship Matchups
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SmartCentres Real balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.9B | 10.7B | 11.3B | 11.7B | 11.9B | 6.0B | |
Short Long Term Debt Total | 4.2B | 5.2B | 4.9B | 5.0B | 5.0B | 2.8B | |
Other Current Liab | 61.6M | 77.6M | 55.7M | 54.5M | 53.3M | 69.3M | |
Total Current Liabilities | 333.0M | 1.1B | 931.5M | 720.4M | 859.0M | 901.9M | |
Total Stockholder Equity | 4.5B | 4.3B | 4.9B | 5.1B | 5.3B | 5.5B | |
Property Plant And Equipment Net | 2.6M | 6.6M | 4.9M | 4.4M | 4.2M | 4.0M | |
Net Debt | 4.2B | 4.4B | 4.8B | 4.9B | 5.0B | 2.7B | |
Retained Earnings | 1.4B | 1.2B | 1.8B | 2.0B | 2.2B | 2.3B | |
Accounts Payable | 86.2M | 77.3M | 78.5M | 86.6M | 95.4M | 54.9M | |
Cash | 55.4M | 794.6M | 62.2M | 35.3M | 34.7M | 33.0M | |
Non Current Assets Total | 9.7B | 9.7B | 11.1B | 11.4B | 11.6B | 5.9B | |
Non Currrent Assets Other | 38.0M | 36.7M | 82.8M | (1.0B) | (1.1B) | (1.1B) | |
Cash And Short Term Investments | 55.4M | 794.6M | 62.2M | 35.3M | 34.7M | 33.0M | |
Net Receivables | 87.6M | 183.9M | 121.5M | 143.7M | 203.4M | 213.6M | |
Common Stock Shares Outstanding | 170.6M | 173.0M | 173.7M | 179.7M | 180.0M | 109.4M | |
Liabilities And Stockholders Equity | 9.9B | 10.7B | 11.3B | 11.7B | 11.9B | 6.0B | |
Non Current Liabilities Total | 4.2B | 4.5B | 4.5B | 4.8B | 4.7B | 2.7B | |
Other Current Assets | 5.0M | 8.4M | 12.3M | 56.8M | 15.0M | 12.2M | |
Other Stockholder Equity | (6.8B) | (1.2B) | (1.8B) | (2.0B) | (8.5B) | (8.1B) | |
Total Liab | 4.6B | 5.6B | 5.5B | 5.5B | 5.5B | 3.0B | |
Property Plant And Equipment Gross | 2.6M | 6.6M | 4.9M | 4.4M | 4.2M | 4.0M | |
Total Current Assets | 179.3M | 1.0B | 223.4M | 276.1M | 304.9M | 159.1M | |
Short Term Debt | 115.4M | 854.3M | 678.4M | 459.3M | 605.5M | 370.2M | |
Inventory | 24.6M | 25.8M | 27.4M | 40.4M | 51.7M | 54.3M | |
Intangible Assets | 33.8M | 32.5M | 31.2M | 29.8M | 28.5M | 27.1M | |
Current Deferred Revenue | 69.8M | 87.5M | 118.8M | 120.1M | 104.8M | 72.9M | |
Common Stock Total Equity | 2.7B | 2.8B | 3.1B | 3.1B | 3.6B | 2.9B | |
Common Stock | 3.1B | 3.1B | 3.1B | 3.1B | 3.6B | 3.0B | |
Other Liab | 108.7M | 82.9M | 324.7M | 284.2M | 326.8M | 343.1M | |
Net Tangible Assets | 4.4B | 4.3B | 4.8B | 5.1B | 5.8B | 4.7B | |
Other Assets | 359.3M | 470.3M | 590.2M | 575.3M | 661.6M | 414.5M | |
Long Term Debt | 4.1B | 4.4B | 4.2B | 4.5B | 4.4B | 4.4B | |
Long Term Investments | 345.4M | 463.2M | 654.4M | 681.0M | 756.9M | 415.9M | |
Short Long Term Debt | 115.4M | 854.3M | 678.4M | 459.3M | 605.5M | 548.6M | |
Property Plant Equipment | 9.1B | 8.9B | 9.9B | 10.2B | 11.7B | 9.9B | |
Net Invested Capital | 8.7B | 9.5B | 9.7B | 10.1B | 10.3B | 10.2B | |
Net Working Capital | (153.7M) | (84.0M) | (708.1M) | (444.3M) | (554.1M) | (581.8M) | |
Capital Stock | 3.1B | 3.1B | 3.1B | 3.1B | 3.6B | 3.3B | |
Non Current Liabilities Other | 65.4M | 48.5M | 11.1M | 228.3M | 218.9M | 116.7M |
Pair Trading with SmartCentres Real
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 SmartCentres Real 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 SmartCentres Real will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to SmartCentres Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SmartCentres Real 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 SmartCentres Real - 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 SmartCentres Real Estate to buy it.
The correlation of SmartCentres Real 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 SmartCentres Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SmartCentres Real Estate 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 SmartCentres Real 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 SmartCentres Stock
Balance Sheet is a snapshot of the financial position of SmartCentres Real Estate at a specified time, usually calculated after every quarter, six months, or one year. SmartCentres Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SmartCentres Real 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 SmartCentres currently owns. An asset can also be divided into two categories, current and non-current.