SLG Cash vs Total Current Assets Analysis

SLG Stock  USD 78.85  0.68  0.87%   
SL Green financial indicator trend analysis is much more than just breaking down SL Green Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SL Green Realty is a good investment. Please check the relationship between SL Green Cash and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cash vs Total Current Assets

Cash vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SL Green Realty Cash account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between SL Green's Cash and Total Current Assets is 0.71. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of SL Green Realty, assuming nothing else is changed. The correlation between historical values of SL Green's Cash and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of SL Green Realty are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., SL Green's Cash and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of SL Green Realty, which is listed under current asset account on SL Green Realty balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SL Green customers. The amounts must be unrestricted with restricted cash listed in a different SL Green account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from SL Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SL Green Realty 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 SL Green Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 78.7 M. The current Discontinued Operations is estimated to decrease to about 365.1 K
 2021 2022 2023 2024 (projected)
Gross Profit497.4M487.5M435.6M677.3M
Total Revenue844.0M826.7M913.7M972.7M

SL Green fundamental ratios Correlations

0.980.350.720.97-0.090.970.780.890.681.00.7-0.070.610.780.940.940.990.860.980.680.860.950.290.730.96
0.980.450.820.9-0.111.00.710.860.680.980.64-0.020.60.760.860.850.990.81.00.630.830.870.430.750.96
0.350.450.440.26-0.230.450.230.330.440.35-0.060.630.260.290.140.140.440.140.450.190.340.170.270.380.32
0.720.820.440.56-0.060.820.320.670.60.710.450.020.530.590.540.530.750.480.820.510.640.530.840.630.7
0.970.90.260.56-0.080.90.840.870.630.970.71-0.110.580.760.970.980.930.870.90.680.820.980.130.650.92
-0.09-0.11-0.23-0.06-0.08-0.11-0.13-0.02-0.14-0.07-0.44-0.17-0.09-0.580.03-0.04-0.08-0.04-0.080.22-0.28-0.010.170.34-0.09
0.971.00.450.820.9-0.110.720.850.660.970.64-0.030.570.750.860.850.990.81.00.610.830.870.430.740.96
0.780.710.230.320.84-0.130.720.540.340.790.74-0.10.210.510.750.760.750.780.70.240.580.8-0.090.390.79
0.890.860.330.670.87-0.020.850.540.830.890.490.110.760.750.860.850.880.640.880.850.820.850.340.730.77
0.680.680.440.60.63-0.140.660.340.830.670.440.360.920.680.610.590.690.490.70.660.710.590.280.690.57
1.00.980.350.710.97-0.070.970.790.890.670.69-0.080.60.770.940.940.990.870.980.670.840.950.290.730.97
0.70.64-0.060.450.71-0.440.640.740.490.440.69-0.310.390.740.680.70.640.740.630.190.670.70.040.260.71
-0.07-0.020.630.02-0.11-0.17-0.03-0.10.110.36-0.08-0.310.210.02-0.24-0.20.0-0.350.00.1-0.01-0.220.040.02-0.18
0.610.60.260.530.58-0.090.570.210.760.920.60.390.210.60.570.570.60.50.620.70.670.570.270.590.55
0.780.760.290.590.76-0.580.750.510.750.680.770.740.020.60.730.770.750.640.750.530.80.730.180.430.7
0.940.860.140.540.970.030.860.750.860.610.940.68-0.240.570.730.990.890.880.860.740.810.990.120.720.88
0.940.850.140.530.98-0.040.850.760.850.590.940.7-0.20.570.770.990.890.880.860.730.830.990.110.670.88
0.990.990.440.750.93-0.080.990.750.880.690.990.640.00.60.750.890.890.820.990.650.840.90.340.770.96
0.860.80.140.480.87-0.040.80.780.640.490.870.74-0.350.50.640.880.880.820.790.440.70.890.040.660.89
0.981.00.450.820.9-0.081.00.70.880.70.980.630.00.620.750.860.860.990.790.650.840.870.440.780.95
0.680.630.190.510.680.220.610.240.850.660.670.190.10.70.530.740.730.650.440.650.650.710.290.690.55
0.860.830.340.640.82-0.280.830.580.820.710.840.67-0.010.670.80.810.830.840.70.840.650.810.220.610.8
0.950.870.170.530.98-0.010.870.80.850.590.950.7-0.220.570.730.990.990.90.890.870.710.810.090.690.91
0.290.430.270.840.130.170.43-0.090.340.280.290.040.040.270.180.120.110.340.040.440.290.220.090.330.28
0.730.750.380.630.650.340.740.390.730.690.730.260.020.590.430.720.670.770.660.780.690.610.690.330.69
0.960.960.320.70.92-0.090.960.790.770.570.970.71-0.180.550.70.880.880.960.890.950.550.80.910.280.69
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SL Green Account Relationship Matchups

SL Green fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.8B11.7B11.1B12.4B9.5B9.9B
Short Long Term Debt Total5.9B5.4B5.0B6.5B4.4B4.6B
Other Current Liab101.4M235.4M406.7M844.5M38.2M40.1M
Total Current Liabilities622.4M544M919.0M912.9M880.2M778.5M
Total Stockholder Equity5.4B4.9B5.0B4.8B3.8B4.2B
Net Debt5.8B5.2B4.7B6.3B4.2B4.3B
Retained Earnings1.1B1.0B975.8M651.1M(151.6M)(144.0M)
Accounts Payable166.9M151.3M157.6M154.9M153.2M133.4M
Cash166.1M266.1M251.4M203.3M221.8M183.5M
Non Current Assets Total11.8B10.9B10.2B11.6B8.7B9.2B
Non Currrent Assets Other6.8B6.0B6.1B(5.8B)382.1M363.0M
Other Assets375.6M11.4B10.8B10.9B138.3M131.4M
Cash And Short Term Investments196.0M294.6M286.2M214.5M231.4M339.5M
Net Receivables348.1M382.0M325.3M319.7M310.1M236.5M
Common Stock Total Equity803K716K672K656K754.4K696.7K
Common Stock Shares Outstanding77.1M72.8M68.7M63.9M68.0M69.1M
Liabilities And Stockholders Equity12.8B11.7B11.1B12.4B9.5B9.9B
Non Current Liabilities Total5.9B5.7B4.8B6.3B4.4B4.4B
Other Stockholder Equity4.2B3.7B4.0B4.1B3.7B5.0B
Total Liab6.6B6.2B5.7B7.3B5.3B5.2B
Total Current Assets1.0B783.3M837.9M715.0M655.2M736.0M
Accumulated Other Comprehensive Income(28.5M)(67.2M)(46.8M)49.6M(1.8M)(1.9M)
Common Stock803K716K672K656K660K697.8K
Short Term Debt240M105.3M532.5M450M554.8M452.9M
Other Liab324.3M475.2M355.0M548.8M631.1M429.9M
Long Term Debt5.3B4.8B3.6B5.1B2.9B4.8B
Short Term Investments29.9M28.6M34.8M11.2M9.6M9.1M
Current Deferred Revenue114.1M118.6M107.3M272.2M134.1M227.6M
Other Current Assets(720.6M)106.7M226.4M180.8M113.7M119.4M
Intangible Assets27.0M25.2M17.1M213.5M4.8M4.5M
Net Tangible Assets5.5B5.2B4.5B4.8B4.3B4.8B
Noncontrolling Interest In Consolidated Entity485.7M26.0M13.4M61.9M55.7M52.9M
Retained Earnings Total Equity1.1B1.0B975.8M651.1M586.0M960.8M
Long Term Debt Total5.3B4.8B3.6B5.0B4.5B4.8B

Currently Active Assets on Macroaxis

When determining whether SL Green Realty is a strong investment it is important to analyze SL Green'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 SL Green's future performance. For an informed investment choice regarding SLG Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified REITs 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 SL Green. If investors know SLG 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 SL Green 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)
Dividend Share
3.042
Earnings Share
(2.55)
Revenue Per Share
14.377
Quarterly Revenue Growth
0.098
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green'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 SL Green's market value can be influenced by many factors that don't directly affect SL Green'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 SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green'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.