Slate Historical Income Statement
| SGR-U Stock | USD 10.58 0.17 1.63% |
Historical analysis of Slate Grocery income statement accounts such as Total Revenue of 164.9 M, Gross Profit of 116.8 M, Other Operating Expenses of 647.2 K or Operating Income of 106.6 M can show how well Slate Grocery REIT performed in making a profits. Evaluating Slate Grocery income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Slate Grocery's future profits or losses.
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 Income Statement Analysis
Slate Grocery REIT Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Slate Grocery shareholders. The income statement also shows Slate investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Slate Grocery Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Slate Grocery REIT generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Slate Grocery REIT minus its cost of goods sold. It is profit before Slate Grocery 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Slate Grocery REIT. It is also known as Slate Grocery overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Slate Grocery's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 this time, Slate Grocery's Selling General Administrative is comparatively stable compared to the past year. EBITDA is likely to gain to about 259.7 M in 2024, whereas Interest Income is likely to drop slightly above 32.3 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 100.9M | 127.4M | 130.5M | 116.8M | Total Revenue | 138.3M | 177.5M | 203.3M | 164.9M |
Slate Grocery income statement Correlations
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Slate Grocery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Slate Grocery income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 9.6M | 14.0M | 35.8M | 34.0M | 1.3M | 1.2M | |
| Net Interest Income | (38.7M) | (23.9M) | (30.1M) | (43.3M) | (67.2M) | (63.8M) | |
| Interest Income | 508K | 479K | 105K | 43K | 34K | 32.3K | |
| Interest Expense | 37.2M | 22.1M | 23.3M | 41.3M | 65.2M | 35.5M | |
| Selling General Administrative | 8.7M | 8.3M | 9.3M | 13.3M | 5.1M | 9.5M | |
| Total Revenue | 141.3M | 126.1M | 138.3M | 177.5M | 203.3M | 164.9M | |
| Gross Profit | 100.3M | 91.5M | 100.9M | 127.4M | 130.5M | 116.8M | |
| Other Operating Expenses | 1.2M | 385K | 428K | 757K | 681.3K | 647.2K | |
| Operating Income | 90.5M | 82.9M | 91.1M | 113.3M | 124.9M | 106.6M | |
| Net Income From Continuing Ops | 30.8M | 41.3M | 91.4M | 139.7M | 20.2M | 19.2M | |
| Ebit | 89.7M | 79.4M | 110.9M | 141.7M | 163.0M | 109.3M | |
| Ebitda | 77.5M | 77.4M | 150.5M | 215.1M | 247.3M | 259.7M | |
| Cost Of Revenue | 41.0M | 34.6M | 37.4M | 50.1M | 72.8M | 48.1M | |
| Total Operating Expenses | 50.9M | 43.3M | 47.1M | 64.1M | 78.4M | 58.3M | |
| Income Before Tax | 40.4M | 55.3M | 127.2M | 173.7M | 21.5M | 20.5M | |
| Total Other Income Expense Net | (11.4M) | (3.7M) | 66.2M | 103.7M | (36.1M) | (34.3M) | |
| Net Income Applicable To Common Shares | 26.3M | 41.6M | 86.9M | 128.0M | 147.2M | 154.6M | |
| Net Income | 30.8M | 41.3M | 90.9M | 128.8M | 13.6M | 12.9M | |
| Income Tax Expense | 9.6M | 14.0M | 35.8M | 34.0M | 39.1M | 41.1M |
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.Additional Tools for Slate Stock Analysis
When running Slate Grocery's price analysis, check to measure Slate Grocery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Slate Grocery is operating at the current time. Most of Slate Grocery's value examination focuses on studying past and present price action to predict the probability of Slate Grocery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slate Grocery's price. Additionally, you may evaluate how the addition of Slate Grocery to your portfolios can decrease your overall portfolio volatility.