Seritage Interest Expense vs Net Income Analysis

SRG Stock

USD 4.34 0.08 1.81%

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 Interest Expense and its Net Income 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.

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seritage Growth Prop Interest Expense account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Seritage Growth's Interest Expense and Net Income is -0.69. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income 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 Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Seritage Growth Properties are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Seritage Growth's Interest Expense and Net Income go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Seritage Growth Prop financial statement analysis. It represents the amount of money remaining after all of Seritage Growth Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 2.29, while Selling General Administrative is projected to decrease to roughly 35.1 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	93.1M	88.7M	46.0M	43.7M
Cost Of Revenue	80.3M	65.7M	27.4M	50.9M

Total Operating Expenses Cost Of Revenue

Seritage Growth fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Common Stock Shares Outstanding		-0.94	-0.14	-0.14	-0.39	-0.85	-0.78	0.86	0.66	-0.55	-0.91	0.69	0.15	-0.85	-0.8	0.53	0.11	0.15	0.26	0.99	-0.87	0.28	0.12	-0.51	0.97	-0.65
Total Assets	-0.94		0.41	-0.02	0.6	0.79	0.68	-0.69	-0.81	0.75	0.81	-0.59	0.03	0.92	0.6	-0.42	0.07	0.03	0.02	-0.96	0.71	-0.01	0.07	0.74	-0.88	0.81
Short Long Term Debt Total	-0.14	0.41		-0.79	0.68	0.22	0.07	0.1	-0.78	0.76	0.11	-0.05	0.26	0.52	-0.25	0.21	0.14	0.26	0.72	-0.15	-0.12	0.41	0.14	0.8	-0.09	0.81
Other Current Liab	-0.14	-0.02	-0.79		-0.26	-0.15	0.09	-0.1	0.5	-0.3	0.02	0.14	-0.01	-0.15	0.3	-0.23	0.32	-0.01	-0.43	-0.17	0.18	0.02	0.32	-0.28	-0.08	-0.52
Total Current Liabilities	-0.39	0.6	0.68	-0.26		0.13	0.11	-0.08	-0.62	0.72	0.17	0.08	0.32	0.56	-0.02	0.38	0.47	0.32	0.53	-0.46	0.0	0.51	0.48	0.79	-0.3	0.66
Total Stockholder Equity	-0.85	0.79	0.22	-0.15	0.13		0.81	-0.84	-0.73	0.44	0.96	-0.92	-0.18	0.79	0.75	-0.63	-0.52	-0.18	-0.37	-0.77	0.91	-0.54	-0.52	0.39	-0.87	0.69
Other Liab	-0.78	0.68	0.07	0.09	0.11	0.81		-0.66	-0.54	0.33	0.81	-0.73	0.01	0.65	0.63	-0.66	-0.33	0.01	-0.21	-0.71	0.79	-0.46	-0.35	0.35	-0.74	0.5
Net Tangible Assets	0.86	-0.69	0.1	-0.1	-0.08	-0.84	-0.66		0.49	-0.27	-0.93	0.73	0.5	-0.67	-0.95	0.51	0.51	0.5	0.62	0.81	-0.95	0.64	0.52	-0.13	0.94	-0.45
Property Plant And Equipment Net	0.66	-0.81	-0.78	0.5	-0.62	-0.73	-0.54	0.49		-0.88	-0.69	0.48	0.01	-0.92	-0.39	0.21	0.14	0.01	-0.25	0.64	-0.5	-0.03	0.14	-0.85	0.64	-1.0
Net Debt	-0.55	0.75	0.76	-0.3	0.72	0.44	0.33	-0.27	-0.88		0.46	-0.11	-0.02	0.87	0.22	0.0	0.23	-0.02	0.49	-0.58	0.26	0.38	0.24	0.95	-0.48	0.9
Retained Earnings	-0.91	0.81	0.11	0.02	0.17	0.96	0.81	-0.93	-0.69	0.46		-0.81	-0.27	0.83	0.89	-0.61	-0.45	-0.27	-0.43	-0.85	0.97	-0.51	-0.46	0.39	-0.94	0.65
Accounts Payable	0.69	-0.59	-0.05	0.14	0.08	-0.92	-0.73	0.73	0.48	-0.11	-0.81		0.07	-0.51	-0.6	0.68	0.6	0.07	0.49	0.61	-0.81	0.67	0.61	-0.11	0.72	-0.44
Cash	0.15	0.03	0.26	-0.01	0.32	-0.18	0.01	0.5	0.01	-0.02	-0.27	0.07		-0.11	-0.5	0.0	0.54	1.0	0.45	0.11	-0.32	0.53	0.53	0.29	0.29	0.01
Non Current Assets Total	-0.85	0.92	0.52	-0.15	0.56	0.79	0.65	-0.67	-0.92	0.87	0.83	-0.51	-0.11		0.63	-0.35	-0.07	-0.11	0.06	-0.83	0.7	-0.01	-0.07	0.82	-0.81	0.91
Non Currrent Assets Other	-0.8	0.6	-0.25	0.3	-0.02	0.75	0.63	-0.95	-0.39	0.22	0.89	-0.6	-0.5	0.63		-0.55	-0.45	-0.5	-0.67	-0.74	0.94	-0.58	-0.46	0.09	-0.88	0.34
Other Assets	0.53	-0.42	0.21	-0.23	0.38	-0.63	-0.66	0.51	0.21	0.0	-0.61	0.68	0.0	-0.35	-0.55		0.28	0.0	0.43	0.48	-0.66	0.38	0.3	-0.03	0.54	-0.17
Long Term Debt	0.11	0.07	0.14	0.32	0.47	-0.52	-0.33	0.51	0.14	0.23	-0.45	0.6	0.54	-0.07	-0.45	0.28		0.54	0.61	-0.01	-0.5	0.9	1.0	0.37	0.27	-0.09
Cash And Short Term Investments	0.15	0.03	0.26	-0.01	0.32	-0.18	0.01	0.5	0.01	-0.02	-0.27	0.07	1.0	-0.11	-0.5	0.0	0.54		0.45	0.11	-0.32	0.53	0.53	0.29	0.29	0.01
Net Receivables	0.26	0.02	0.72	-0.43	0.53	-0.37	-0.21	0.62	-0.25	0.49	-0.43	0.49	0.45	0.06	-0.67	0.43	0.61	0.45		0.19	-0.6	0.76	0.61	0.58	0.39	0.31
Common Stock Total Equity	0.99	-0.96	-0.15	-0.17	-0.46	-0.77	-0.71	0.81	0.64	-0.58	-0.85	0.61	0.11	-0.83	-0.74	0.48	-0.01	0.11	0.19		-0.8	0.17	-0.01	-0.54	0.95	-0.63
Retained Earnings Total Equity	-0.87	0.71	-0.12	0.18	0.0	0.91	0.79	-0.95	-0.5	0.26	0.97	-0.81	-0.32	0.7	0.94	-0.66	-0.5	-0.32	-0.6	-0.8		-0.62	-0.51	0.19	-0.92	0.45
Short Term Investments	0.28	-0.01	0.41	0.02	0.51	-0.54	-0.46	0.64	-0.03	0.38	-0.51	0.67	0.53	-0.01	-0.58	0.38	0.9	0.53	0.76	0.17	-0.62		0.9	0.51	0.41	0.09
Long Term Debt Total	0.12	0.07	0.14	0.32	0.48	-0.52	-0.35	0.52	0.14	0.24	-0.46	0.61	0.53	-0.07	-0.46	0.3	1.0	0.53	0.61	-0.01	-0.51	0.9		0.37	0.28	-0.08
Non Current Liabilities Total	-0.51	0.74	0.8	-0.28	0.79	0.39	0.35	-0.13	-0.85	0.95	0.39	-0.11	0.29	0.82	0.09	-0.03	0.37	0.29	0.58	-0.54	0.19	0.51	0.37		-0.39	0.88
Capital Surpluse	0.97	-0.88	-0.09	-0.08	-0.3	-0.87	-0.74	0.94	0.64	-0.48	-0.94	0.72	0.29	-0.81	-0.88	0.54	0.27	0.29	0.39	0.95	-0.92	0.41	0.28	-0.39		-0.62
Inventory	-0.65	0.81	0.81	-0.52	0.66	0.69	0.5	-0.45	-1.0	0.9	0.65	-0.44	0.01	0.91	0.34	-0.17	-0.09	0.01	0.31	-0.63	0.45	0.09	-0.08	0.88	-0.62

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Seritage Growth Account Relationship Matchups

Seritage Growth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	36.4M	38.3M	42.4M	49.7M	56.2M	42.5M
Total Assets	2.8B	2.6B	2.4B	1.8B	973.9M	1.9B
Short Long Term Debt Total	1.6B	1.6B	1.5B	2.1B	367.6M	349.2M
Other Current Liab	36.5M	52.1M	24.9M	(978.3M)	410.7M	431.2M
Total Current Liabilities	79.2M	123.3M	88.0M	81.9M	43.4M	68.4M
Total Stockholder Equity	731.4M	649.0M	687.7M	720.5M	562.0M	596.4M
Other Liab	20.7M	4.2M	3.7M	978K	880.2K	836.2K
Net Tangible Assets	663.2M	630.4M	672.9M	718.7M	826.4M	628.0M
Property Plant And Equipment Net	22.8M	21.7M	21.2M	17.3M	560.7M	588.8M
Noncontrolling Interest In Consolidated Entity	312.0M	233.7M	157.1M	2.1M	1.9M	1.8M
Net Debt	1.5B	1.5B	1.4B	902.2M	233.6M	221.9M
Retained Earnings	(418.7M)	(528.6M)	(553.8M)	(640.5M)	(800.3M)	(760.3M)
Accounts Payable	34.4M	44.8M	36.0M	25.5M	42.3M	31.4M
Cash	139.3M	143.7M	106.6M	133.5M	134.0M	137.5M
Non Current Assets Total	2.5B	2.4B	2.3B	1.2B	886K	841.7K
Non Currrent Assets Other	9.3M	9.4M	9.8M	(1.1B)	(196.4M)	(186.6M)
Other Assets	5.3M	2.4B	567.5M	1.3B	826.7M	672.9M
Long Term Debt	1.6B	1.6B	1.4B	1.0B	1.2B	1.5B
Cash And Short Term Investments	139.3M	143.7M	106.6M	133.5M	134.0M	137.5M
Net Receivables	54.5M	46.6M	29.1M	41.5M	12.2M	11.6M
Common Stock Total Equity	381K	389K	436K	561K	645.2K	435.7K
Retained Earnings Total Equity	(418.7M)	(528.6M)	(553.8M)	(640.5M)	(576.5M)	(547.7M)
Long Term Debt Total	1.6B	1.6B	1.5B	1.0B	1.2B	1.5B
Liabilities And Stockholders Equity	2.8B	2.6B	2.4B	1.8B	973.9M	1.9B
Non Current Liabilities Total	1.6B	1.6B	1.5B	1.0B	367.3M	348.9M
Capital Surpluse	1.1B	1.2B	1.2B	1.4B	1.6B	1.2B
Other Current Assets	(193.7M)	(196.8M)	(142.9M)	(186.4M)	69.6M	73.0M
Other Stockholder Equity	1.1B	1.2B	1.2B	1.4B	1.4B	1.3B
Total Liab	1.7B	1.8B	1.6B	1.1B	410.7M	390.2M
Long Term Investments	445.1M	457.0M	498.6M	382.6M	440.0M	456.1M
Property Plant And Equipment Gross	22.8M	21.7M	21.2M	17.3M	15.6M	14.8M
Total Current Assets	210.0M	208.3M	152.9M	652.7M	146.2M	138.9M
Short Term Debt	0.0	20.4M	20.6M	1.0B	1.2M	1.1M
Intangible Assets	68.2M	18.6M	14.8M	1.8M	886K	841.7K

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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:

How To Invest In Seritage

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Is Seritage Stock a good investment?

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What is Seritage Growth's Net Worth?

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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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

(2.55)

Revenue Per Share

1.003

Quarterly Revenue Growth

(0.46)

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.

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Seritage Interest Expense vs Net Income Analysis

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

Correlation Coefficient

Interest Expense

Net Income

Seritage Growth fundamental ratios Correlations

Seritage Growth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Seritage Growth fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt Total	+ 1.0	Long Term Debt
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Capital Surpluse	+ 0.97	Common Stock Shares Outstanding
Retained Earnings Total Equity	+ 0.97	Retained Earnings
Retained Earnings	+ 0.96	Total Stockholder Equity

Inventory	- 1.0	Property Plant And Equipment Net
Common Stock Total Equity	- 0.96	Total Assets
Retained Earnings Total Equity	- 0.95	Net Tangible Assets
Non Currrent Assets Other	- 0.95	Net Tangible Assets
Capital Surpluse	- 0.94	Retained Earnings
Total Assets	- 0.94	Common Stock Shares Outstanding