Slate Historical Financial Ratios
| SOT-UN Stock | CAD 0.45 0.02 4.26% |
Slate Office is promptly reporting on over 87 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 9.76, Free Cash Flow Yield of 0.49, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.78 will help investors to properly organize and evaluate Slate Office REIT financial condition quickly.
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About Slate Financial Ratios Analysis
Slate Office REITFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Slate Office investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Slate financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Slate Office history.
Slate Office Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Slate Office REIT stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Slate Office sales, a figure that is much harder to manipulate than other Slate Office REIT multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Slate Office REIT dividend as a percentage of Slate Office stock price. Slate Office REIT dividend yield is a measure of Slate Office stock productivity, which can be interpreted as interest rate earned on an Slate Office investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most ratios from Slate Office's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Slate Office REIT current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Office 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 Office's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 9.76, whereas Price To Sales Ratio is forecasted to decline to 0.31.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0741 | 0.0858 | 0.25 | 0.26 | Price To Sales Ratio | 2.12 | 1.85 | 0.33 | 0.31 |
Slate Office fundamentals Correlations
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Slate Office Account Relationship Matchups
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Slate Office fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.01 | 1.65 | 2.12 | 1.85 | 0.33 | 0.31 | |
| Dividend Yield | 0.0761 | 0.0893 | 0.0741 | 0.0858 | 0.25 | 0.26 | |
| Ptb Ratio | 0.69 | 0.5 | 0.59 | 0.56 | 0.13 | 0.12 | |
| Days Sales Outstanding | 11.8 | 15.76 | 15.56 | 14.26 | 12.3 | 11.68 | |
| Book Value Per Share | 8.48 | 8.26 | 8.51 | 7.66 | 6.44 | 9.76 | |
| Free Cash Flow Yield | 0.0516 | 0.0774 | 0.0371 | 0.0733 | 0.47 | 0.49 | |
| Operating Cash Flow Per Share | 0.67 | 0.63 | 0.52 | 0.59 | 0.5 | 0.78 | |
| Capex To Depreciation | 26.98 | 21.73 | 24.17 | 23.73 | 10.33 | 14.86 | |
| Pb Ratio | 0.69 | 0.5 | 0.59 | 0.56 | 0.13 | 0.12 | |
| Ev To Sales | 7.62 | 6.63 | 6.9 | 8.11 | 5.25 | 4.98 | |
| Free Cash Flow Per Share | 0.44 | 0.3 | 0.32 | 0.19 | 0.38 | 0.5 | |
| Roic | 0.0561 | 0.0521 | 0.0397 | 0.0418 | (0.0466) | (0.0443) | |
| Net Income Per Share | 0.87 | 0.0918 | 0.73 | (0.22) | (1.41) | (1.34) | |
| Payables Turnover | 4.1 | 2.74 | 2.58 | 4.03 | 3.41 | 2.54 | |
| Sales General And Administrative To Revenue | 0.0334 | 0.0429 | 0.042 | 0.0469 | 0.0649 | 0.0861 | |
| Cash Per Share | 0.18 | 0.0996 | 0.0827 | 0.14 | 0.24 | 0.23 | |
| Pocfratio | 8.78 | 6.53 | 9.55 | 7.33 | 1.62 | 1.53 | |
| Interest Coverage | 2.04 | 1.91 | 1.73 | 1.69 | (1.16) | (1.1) | |
| Payout Ratio | 0.68 | 0.7 | 0.51 | 4.03 | (1.72) | (0.14) | |
| Capex To Operating Cash Flow | 0.55 | 0.5 | 0.65 | 0.46 | 0.25 | 0.31 | |
| Pfcf Ratio | 19.39 | 12.93 | 26.99 | 13.65 | 2.15 | 2.04 | |
| Days Payables Outstanding | 89.09 | 133.09 | 141.56 | 90.49 | 107.08 | 101.72 | |
| Income Quality | 0.79 | 3.4 | 0.82 | (2.98) | (0.35) | (0.34) | |
| Roe | 0.1 | 0.0111 | 0.0857 | (0.0281) | (0.22) | (0.21) | |
| Ev To Operating Cash Flow | 28.98 | 27.28 | 36.64 | 30.2 | 25.84 | 24.55 | |
| Pe Ratio | 6.74 | 45.11 | 6.85 | (20.08) | (0.57) | (0.54) | |
| Return On Tangible Assets | 0.0188 | 0.002002 | 0.0147 | (0.004841) | (0.0647) | (0.0615) | |
| Ev To Free Cash Flow | 64.0 | 54.03 | 103.51 | 56.19 | 34.39 | 32.67 | |
| Earnings Yield | 0.16 | 0.15 | 0.0222 | (0.0498) | (1.75) | (1.66) | |
| Net Debt To E B I T D A | 10.64 | 11.75 | 14.66 | 14.24 | (14.06) | (13.36) | |
| Current Ratio | 0.1 | 0.12 | 0.65 | 0.0948 | 0.56 | 0.32 | |
| Tangible Book Value Per Share | 31.6 | 31.19 | 33.28 | 29.87 | 6.44 | 6.12 | |
| Receivables Turnover | 30.94 | 23.15 | 23.46 | 25.59 | 29.68 | 18.02 | |
| Graham Number | 12.87 | 4.13 | 11.82 | 6.09 | 14.31 | 15.11 | |
| Shareholders Equity Per Share | 8.48 | 8.26 | 8.51 | 7.66 | 6.44 | 9.76 | |
| Debt To Equity | 1.6 | 1.61 | 1.68 | 1.79 | 1.91 | 1.39 | |
| Capex Per Share | 0.36 | 0.31 | 0.34 | 0.27 | 0.12 | 0.23 |
Pair Trading with Slate Office
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 Office 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 Office will appreciate offsetting losses from the drop in the long position's value.Moving against Slate Stock
The ability to find closely correlated positions to Slate Office 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 Office 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 Office - 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 Office REIT to buy it.
The correlation of Slate Office 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 Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Office 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 Office 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.Other Information on Investing in Slate Stock
Slate Office REITFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Slate Office investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Slate financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Slate Office history.