Slate Grocery Financials
| SGR-UN Stock | CAD 14.96 0.10 0.66% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 131.1 M | 124.9 M |
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| Current Ratio | 0.16 | 0.1654 |
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Slate | Select Account or Indicator |
Understanding current and past Slate Grocery Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Slate Grocery's financial statements are interrelated, with each one affecting the others. For example, an increase in Slate Grocery's assets may result in an increase in income on the income statement.
Please note, the presentation of Slate Grocery's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Slate Grocery's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Slate Grocery's management manipulating its earnings.
Slate Grocery Stock Summary
Slate Grocery competes with True North, Slate Office, Inovalis Real, NorthWest Healthcare, and Nexus Real. Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REITs resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. SLATE GROCERY operates under REITRetail classification in Canada and is traded on Toronto Stock Exchange.Specialization | Real Estate, Equity Real Estate Investment Trusts (REITs) |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA8310221160 |
| Business Address | 121 King Street |
| Sector | Retail REITs |
| Industry | Real Estate |
| Benchmark | Dow Jones Industrial |
| Website | www.slategroceryreit.com |
| Phone | 416 644 4264 |
| Currency | CAD - Canadian Dollar |
You should never invest in Slate Grocery without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Slate Stock, because this is throwing your money away. Analyzing the key information contained in Slate Grocery's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Slate Grocery Key Financial Ratios
Slate Grocery's financial ratios allow both analysts and investors to convert raw data from Slate Grocery's financial statements into concise, actionable information that can be used to evaluate the performance of Slate Grocery over time and compare it to other companies across industries.| Return On Equity | 0.0461 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.76 % | ||||
| Price To Sales | 4.17 X | ||||
| Revenue | 203.28 M |
Slate Grocery Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.3B | 1.3B | 1.7B | 2.3B | 2.2B | 1.4B | |
| Other Current Liab | 13.1M | 10.0M | 21.3M | 25.9M | 22.9M | 11.8M | |
| 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 | 10.6M | |
| Cash | 2.4M | 2.4M | 14.0M | 20.4M | 23.6M | 24.8M | |
| Net Receivables | 12.1M | 13.2M | 18M | 24.0M | 22.5M | 11.5M | |
| Inventory | 2.7M | 20.7M | 7.6M | 9.7M | 9.8M | 6.2M | |
| Other Current Assets | 274K | 370K | 119K | (549K) | 6.7M | 4.1M | |
| 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 | |
| Short Long Term Debt | 80.5M | 5.1M | 8.5M | 91.9M | 302.1M | 317.2M | |
| Short Term Debt | 80.5M | 5.4M | 18.1M | 91.9M | 302.1M | 317.2M | |
| 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 | |
| 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 |
Slate Grocery Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 37.2M | 22.1M | 23.3M | 41.3M | 65.2M | 68.5M | |
| Total Revenue | 141.3M | 126.1M | 138.3M | 177.5M | 203.3M | 117.8M | |
| Gross Profit | 100.3M | 91.5M | 100.9M | 127.4M | 130.5M | 84.3M | |
| Operating Income | 51.8M | 59.0M | 60.5M | 49.8M | 124.9M | 131.1M | |
| Ebit | 79.3M | 77.4M | 121.4M | 152.2M | 124.9M | 90.0M | |
| Ebitda | 77.5M | 77.4M | 104.9M | 140.7M | 86.8M | 61.4M | |
| Cost Of Revenue | 41.0M | 34.6M | 37.4M | 50.1M | 72.8M | 76.5M | |
| Income Before Tax | 40.4M | 55.3M | 127.2M | 173.7M | 21.5M | 20.5M | |
| 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 | 1.3M | 1.2M | |
| 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 | 144K | 479K | 105K | 43K | 34K | 32.3K |
Slate Grocery Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Slate Grocery REIT. It measures of how well Slate is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Slate Grocery brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Slate had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Slate Grocery has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.3M | (50K) | 11.7M | 6.4M | 3.2M | 3.0M | |
| Free Cash Flow | 42.0M | 36.6M | 46.1M | 51.9M | 71.8M | 38.1M | |
| Other Non Cash Items | 10.0M | (12.2M) | (73.2M) | (107.5M) | 49.7M | 52.2M | |
| Capital Expenditures | 2.5M | 2.7M | 4.7M | 7.0M | 4.5M | 4.4M | |
| Net Income | 26.3M | 41.6M | 87.4M | 138.9M | 21.7M | 33.6M | |
| End Period Cash Flow | 2.4M | 2.4M | 14.0M | 20.4M | 23.6M | 24.8M | |
| Net Borrowings | (83.9M) | (63.1M) | 97.1M | 191.7M | 172.5M | 181.1M | |
| Dividends Paid | 37.6M | 36.3M | 44.3M | 51.7M | 51.6M | 35.2M | |
| Change To Netincome | 17.5M | (3.7M) | (42.7M) | (67.8M) | (61.1M) | (58.0M) |
Slate Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Slate Grocery's current stock value. Our valuation model uses many indicators to compare Slate Grocery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Slate Grocery competition to find correlations between indicators driving Slate Grocery's intrinsic value. More Info.Slate Grocery REIT is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.81 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Slate Grocery REIT is roughly 1.24 . At present, Slate Grocery's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Slate Grocery by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Slate Grocery's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Slate Grocery REIT Systematic Risk
Slate Grocery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Slate Grocery volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Slate Grocery REIT correlated with the market. If Beta is less than 0 Slate Grocery generally moves in the opposite direction as compared to the market. If Slate Grocery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Slate Grocery REIT is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Slate Grocery is generally in the same direction as the market. If Beta > 1 Slate Grocery moves generally in the same direction as, but more than the movement of the benchmark.
Slate Grocery REIT Total Assets Over Time
Today, most investors in Slate Grocery Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Slate Grocery's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Slate Grocery growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Slate Grocery November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Slate Grocery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Slate Grocery REIT. We use our internally-developed statistical techniques to arrive at the intrinsic value of Slate Grocery REIT based on widely used predictive technical indicators. In general, we focus on analyzing Slate Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Slate Grocery's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9596 | |||
| Information Ratio | 0.1392 | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 2.19 |
Complementary 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.
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