SLG Depreciation vs Capital Expenditures Analysis
SLG Stock | USD 67.53 0.48 0.71% |
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 Depreciation and its Capital Expenditures 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.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SL Green Realty Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between SL Green's Depreciation and Capital Expenditures is 0.73. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures 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 Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of SL Green Realty are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., SL Green's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of SL Green Realty value has been used up. For tax purposes SL Green can deduct the cost of the tangible assets it purchases as business expenses. However, SL Green Realty must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Capital Expenditures
Capital Expenditures are funds used by SL Green Realty to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of SL Green operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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 Profit | 497.4M | 487.5M | 435.6M | 677.3M | Total Revenue | 844.0M | 826.7M | 913.7M | 972.7M |
SL Green fundamental ratios Correlations
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SL Green Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SL Green fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.8B | 11.7B | 11.1B | 12.4B | 9.5B | 9.9B | |
Short Long Term Debt Total | 5.9B | 5.4B | 5.0B | 6.5B | 4.4B | 4.6B | |
Other Current Liab | 101.4M | 235.4M | 406.7M | 844.5M | 38.2M | 40.1M | |
Total Current Liabilities | 622.4M | 544M | 919.0M | 912.9M | 880.2M | 778.5M | |
Total Stockholder Equity | 5.4B | 4.9B | 5.0B | 4.8B | 3.8B | 4.2B | |
Net Debt | 5.8B | 5.2B | 4.7B | 6.3B | 4.2B | 4.3B | |
Retained Earnings | 1.1B | 1.0B | 975.8M | 651.1M | (151.6M) | (144.0M) | |
Accounts Payable | 166.9M | 151.3M | 157.6M | 154.9M | 153.2M | 133.4M | |
Cash | 166.1M | 266.1M | 251.4M | 203.3M | 221.8M | 183.5M | |
Non Current Assets Total | 11.8B | 10.9B | 10.2B | 11.6B | 8.7B | 9.2B | |
Non Currrent Assets Other | 6.8B | 6.0B | 6.1B | (5.8B) | 382.1M | 363.0M | |
Other Assets | 375.6M | 11.4B | 10.8B | 10.9B | 138.3M | 131.4M | |
Cash And Short Term Investments | 196.0M | 294.6M | 286.2M | 214.5M | 231.4M | 339.5M | |
Net Receivables | 348.1M | 382.0M | 325.3M | 319.7M | 310.1M | 236.5M | |
Common Stock Total Equity | 803K | 716K | 672K | 656K | 754.4K | 696.7K | |
Common Stock Shares Outstanding | 77.1M | 72.8M | 68.7M | 63.9M | 68.0M | 69.1M | |
Liabilities And Stockholders Equity | 12.8B | 11.7B | 11.1B | 12.4B | 9.5B | 9.9B | |
Non Current Liabilities Total | 5.9B | 5.7B | 4.8B | 6.3B | 4.4B | 4.4B | |
Other Stockholder Equity | 4.2B | 3.7B | 4.0B | 4.1B | 3.7B | 5.0B | |
Total Liab | 6.6B | 6.2B | 5.7B | 7.3B | 5.3B | 5.2B | |
Total Current Assets | 1.0B | 783.3M | 837.9M | 715.0M | 655.2M | 736.0M | |
Accumulated Other Comprehensive Income | (28.5M) | (67.2M) | (46.8M) | 49.6M | (1.8M) | (1.9M) | |
Common Stock | 803K | 716K | 672K | 656K | 660K | 697.8K | |
Short Term Debt | 240M | 105.3M | 532.5M | 450M | 554.8M | 452.9M | |
Other Liab | 324.3M | 475.2M | 355.0M | 548.8M | 631.1M | 429.9M | |
Long Term Debt | 5.3B | 4.8B | 3.6B | 5.1B | 2.9B | 4.8B | |
Short Term Investments | 29.9M | 28.6M | 34.8M | 11.2M | 9.6M | 9.1M | |
Current Deferred Revenue | 114.1M | 118.6M | 107.3M | 272.2M | 134.1M | 227.6M | |
Other Current Assets | (720.6M) | 106.7M | 226.4M | 180.8M | 113.7M | 119.4M | |
Intangible Assets | 27.0M | 25.2M | 17.1M | 213.5M | 4.8M | 4.5M | |
Net Tangible Assets | 5.5B | 5.2B | 4.5B | 4.8B | 4.3B | 4.8B | |
Noncontrolling Interest In Consolidated Entity | 485.7M | 26.0M | 13.4M | 61.9M | 55.7M | 52.9M | |
Retained Earnings Total Equity | 1.1B | 1.0B | 975.8M | 651.1M | 586.0M | 960.8M | |
Long Term Debt Total | 5.3B | 4.8B | 3.6B | 5.0B | 4.5B | 4.8B |
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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.