Slate Historical Balance Sheet

SGR-UN Stock  CAD 14.80  0.04  0.27%   
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 10.9 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.
 
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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.

Slate Grocery Inventory

6.19 Million

  
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.

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

At present, Slate Grocery'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 366.4 M, whereas Total Assets are forecasted to decline to about 1.4 B.

Total Assets

Total assets refers to the total amount of Slate Grocery 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 Slate Grocery REIT 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 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.
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 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 366.4 M, whereas Total Assets are forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total937.7M1.1B1.2B756.0M
Total Assets1.7B2.3B2.2B1.4B

Slate Grocery balance sheet Correlations

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0.630.60.570.350.640.630.60.710.190.63-0.340.190.560.690.47-0.12-0.220.50.710.670.560.530.43-0.09-0.09
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Slate Grocery Account Relationship Matchups

Slate Grocery balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.7B2.3B2.2B1.4B
Short Long Term Debt Total789.4M726.4M937.7M1.1B1.2B756.0M
Other Current Liab8.2M9.6M25.9M20.0M23.1M24.2M
Total Current Liabilities105.2M30.9M52.4M134.7M348.9M366.4M
Total Stockholder Equity403.4M452.7M619.0M740.5M687.4M721.8M
Property Plant And Equipment Net1.3B1.3B1.6B2.1B2.1B1.3B
Net Debt787.0M724.0M923.7M1.1B1.1B744.8M
Accounts Payable11.4M13.7M12.8M16.3M16.7M10.9M
Cash2.4M2.4M14.0M20.4M23.6M24.8M
Non Current Assets Total1.3B1.3B1.7B2.2B2.2B1.3B
Non Currrent Assets Other4.1M6.3M1.4M17.6M8.4M10.3M
Cash And Short Term Investments2.4M2.4M14.0M20.4M23.6M24.8M
Net Receivables12.1M13.2M18M24.0M22.5M14.0M
Common Stock Shares Outstanding43.9M47.4M58.8M61.1M60.8M42.5M
Liabilities And Stockholders Equity1.3B1.3B1.7B2.3B2.2B1.4B
Non Current Liabilities Total806.5M839.9M1.1B1.2B1.0B933.7M
Inventory2.7M20.7M7.6M9.7M9.8M6.2M
Other Current Assets274K370K119K1.8M1.8M1.0M
Other Stockholder Equity(12.8M)(25.3M)(14.7M)10.5M9.4M9.9M
Total Liab911.7M870.8M1.1B1.3B1.4B1.0B
Total Current Assets17.4M36.6M39.8M55.9M57.7M31.8M
Common Stock407.6M463.6M576.5M596.7M584.8M431.7M
Other Liab65.0M72.3M109.9M154.9M178.2M187.1M
Long Term Debt708.9M721.3M929.2M1.0B859.6M830.3M
Long Term Investments5.0M3.5M87.3M109.5M107.1M112.5M
Short Long Term Debt80.5M5.1M8.5M91.9M302.1M317.2M
Short Term Debt80.5M5.1M8.5M91.9M302.1M317.2M
Property Plant Equipment1.3B1.3B1.6B2.1B2.4B1.3B
Net Tangible Assets403.4M452.7M619.0M740.5M851.6M894.2M
Retained Earnings8.7M14.4M57.1M133.3M96.8M101.7M
Other Assets2.3M6.3M1.4M1.2M1.1M1.0M
Accumulated Other Comprehensive Income(12.8M)(25.3M)(14.7M)10.5M5.8M6.1M
Current Deferred Revenue5.1M2.5M5.2M6.4M7.0M4.7M
Non Current Liabilities Other13.7M12.3M15.4M14.9M13.4M12.7M
Net Invested Capital1.2B1.2B1.6B1.9B1.8B1.6B
Net Working Capital(87.7M)5.7M(12.7M)(78.7M)(291.2M)(276.6M)
Capital Stock407.6M463.6M576.5M596.7M584.8M558.8M

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 CorrelationCorrelation 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.