Slate Historical Income Statement

SGR-UN Stock  CAD 14.13  0.04  0.28%   
Historical analysis of Slate Grocery income statement accounts such as Other Operating Expenses of 95.2 M, Operating Income of 68.2 M, EBIT of 90 M or Ebitda of 61.4 M can show how well Slate Grocery REIT performed in making a profits. Evaluating Slate Grocery income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Slate Grocery's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Slate Grocery REIT latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Slate Grocery REIT is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slate Grocery 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.

About Slate Income Statement Analysis

Slate Grocery REIT Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Slate Grocery shareholders. The income statement also shows Slate investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Slate Grocery Income Statement Chart

At present, Slate Grocery's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 7.4 M, whereas Depreciation And Amortization is forecasted to decline to (36 M).

Total Revenue

Total revenue comprises all receipts Slate Grocery REIT generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Slate Grocery REIT minus its cost of goods sold. It is profit before Slate Grocery operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Slate Grocery REIT. It is also known as Slate Grocery overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Slate Grocery's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Slate Grocery REIT current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Grocery 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 Grocery's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 7.4 M, whereas Depreciation And Amortization is forecasted to decline to (36 M).
 2022 2023 2024 2025 (projected)
Gross Profit127.4M130.5M135.4M89.3M
Total Revenue177.5M203.3M209.1M126.5M

Slate Grocery income statement Correlations

-0.37-0.27-0.41-0.43-0.36-0.6-0.40.14-0.37-0.170.160.580.050.540.130.110.590.26-0.23
-0.370.490.870.840.980.830.630.470.90.750.31-0.270.31-0.130.23-0.84-0.08-0.97-0.66
-0.270.490.740.790.610.50.680.60.60.180.760.040.770.430.57-0.370.28-0.33-0.51
-0.410.870.741.00.910.910.810.630.980.470.52-0.280.520.080.38-0.660.0-0.78-0.69
-0.430.840.791.00.90.890.820.640.960.440.55-0.260.570.110.4-0.620.02-0.74-0.67
-0.360.980.610.910.90.840.710.560.910.740.44-0.190.44-0.020.34-0.830.01-0.93-0.69
-0.60.830.50.910.890.840.720.420.920.490.2-0.50.22-0.220.06-0.55-0.31-0.75-0.42
-0.40.630.680.810.820.710.720.850.760.370.660.020.720.130.59-0.560.05-0.51-0.56
0.140.470.60.630.640.560.420.850.590.30.820.350.820.460.72-0.540.4-0.4-0.75
-0.370.90.60.980.960.910.920.760.590.50.43-0.310.420.010.32-0.7-0.03-0.85-0.71
-0.170.750.180.470.440.740.490.370.30.50.220.150.19-0.160.19-0.810.01-0.76-0.35
0.160.310.760.520.550.440.20.660.820.430.220.60.980.740.91-0.50.71-0.25-0.67
0.58-0.270.04-0.28-0.26-0.19-0.50.020.35-0.310.150.60.540.640.65-0.20.750.22-0.16
0.050.310.770.520.570.440.220.720.820.420.190.980.540.620.93-0.470.59-0.23-0.62
0.54-0.130.430.080.11-0.02-0.220.130.460.01-0.160.740.640.620.57-0.070.930.14-0.47
0.130.230.570.380.40.340.060.590.720.320.190.910.650.930.57-0.50.63-0.23-0.61
0.11-0.84-0.37-0.66-0.62-0.83-0.55-0.56-0.54-0.7-0.81-0.5-0.2-0.47-0.07-0.5-0.190.870.64
0.59-0.080.280.00.020.01-0.310.050.4-0.030.010.710.750.590.930.63-0.190.04-0.52
0.26-0.97-0.33-0.78-0.74-0.93-0.75-0.51-0.4-0.85-0.76-0.250.22-0.230.14-0.230.870.040.69
-0.23-0.66-0.51-0.69-0.67-0.69-0.42-0.56-0.75-0.71-0.35-0.67-0.16-0.62-0.47-0.610.64-0.520.69
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Slate Grocery Account Relationship Matchups

Slate Grocery income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization(22K)(16.5M)(11.5M)(38.1M)(34.3M)(36.0M)
Interest Expense22.1M23.3M41.3M65.2M68.2M71.6M
Selling General Administrative8.3M9.3M13.3M5.1M5.4M7.4M
Total Revenue126.1M138.3M177.5M203.3M209.1M126.5M
Gross Profit91.5M100.9M127.4M130.5M135.4M89.3M
Other Operating Expenses43.3M47.1M64.1M78.8M90.7M95.2M
Operating Income59.0M60.5M49.8M124.9M129.6M68.2M
Ebit77.4M121.4M152.2M124.9M143.6M90.0M
Ebitda77.4M104.9M140.7M86.8M99.8M61.4M
Cost Of Revenue34.6M37.4M50.1M72.8M73.7M37.1M
Total Operating Expenses8.6M9.7M14.1M5.6M79.5M83.5M
Income Before Tax55.3M127.2M173.7M21.5M60.3M53.9M
Total Other Income Expense Net(24.5M)32.1M59.6M(103.3M)934K980.7K
Net Income41.3M90.9M128.8M13.6M39.7M39.7M
Income Tax Expense14.0M35.8M34.0M1.3M1.5M1.4M
Net Income From Continuing Ops41.3M91.4M139.7M20.2M52.0M45.8M
Net Income Applicable To Common Shares26.3M41.6M86.9M128.0M147.2M154.6M
Tax Provision14.0M35.8M34.0M1.3M8.3M11.6M
Net Interest Income(23.9M)(30.1M)(43.3M)(67.2M)(70.3M)(66.8M)
Interest Income479K105K43K34K276K328.2K

Pair Trading with Slate Grocery

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 Grocery 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 Grocery will appreciate offsetting losses from the drop in the long position's value.

Moving together with Slate Stock

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Moving against Slate Stock

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  0.35BOFA Bank of AmericaPairCorr
The ability to find closely correlated positions to Slate Grocery 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 Grocery 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 Grocery - 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 Grocery REIT to buy it.
The correlation of Slate Grocery 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 Grocery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Grocery 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 Grocery 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Slate Stock

Slate Grocery REIT Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Slate Grocery shareholders. The income statement also shows Slate investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).