Slate Grocery Profit Margin vs. Shares Outstanding

SGR-UN Stock  CAD 14.59  0.04  0.27%   
Based on the key profitability measurements obtained from Slate Grocery's financial statements, Slate Grocery's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Slate Grocery's ability to earn profits and add value for shareholders.

Slate Grocery Net Profit Margin

0.0635

As of December 12, 2024, Price To Sales Ratio is expected to decline to 2.52. In addition to that, Days Sales Outstanding is expected to decline to 28.78. At present, Slate Grocery's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 131.1 M, whereas Income Before Tax is forecasted to decline to about 20.5 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.80.6418
Fairly Up
Slightly volatile
Operating Profit Margin0.610.6143
Slightly Down
Very volatile
For Slate Grocery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Slate Grocery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Slate Grocery REIT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Slate Grocery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Slate Grocery REIT over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Slate Grocery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Slate Grocery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Slate Grocery'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.

Slate Grocery REIT Shares Outstanding vs. Profit Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Slate Grocery's current stock value. Our valuation model uses many indicators to compare Slate Grocery value to that of its competitors to determine the firm's financial worth.
Slate Grocery REIT is rated second in profit margin category among its peers. It is rated fourth in shares outstanding category among its peers creating about  425,750,361  of Shares Outstanding per Profit Margin. At present, Slate Grocery's Net Profit Margin is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Slate Grocery by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Slate Grocery's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Slate Shares Outstanding vs. Profit Margin

Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Slate Grocery

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
0.14 %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Slate Grocery

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
59.01 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Slate Shares Outstanding Comparison

Slate Grocery is currently under evaluation in shares outstanding category among its peers.

Slate Grocery Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Slate Grocery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Slate Grocery will eventually generate negative long term returns. The profitability progress is the general direction of Slate Grocery's change in net profit over the period of time. It can combine multiple indicators of Slate Grocery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income5.8 M6.1 M
Operating Income124.9 M131.1 M
Income Before Tax21.5 M20.5 M
Total Other Income Expense Net-103.3 M-98.2 M
Net Income21.7 M33.6 M
Income Tax Expense1.3 M1.2 M
Net Income From Continuing Ops20.2 M19.2 M
Net Income Applicable To Common Shares147.2 M154.6 M
Net Interest Income-67.2 M-63.8 M
Interest Income34 K32.3 K
Change To Netincome-61.1 M-58 M
Net Income Per Share 0.23  0.22 
Income Quality 3.52  3.35 
Net Income Per E B T 0.63  0.58 

Slate Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Slate Grocery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Slate Grocery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Slate Grocery's important profitability drivers and their relationship over time.

Use Slate Grocery in pair-trading

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.

Slate Grocery Pair Trading

Slate Grocery REIT Pair Trading Analysis

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

Use Investing Themes to Complement your Slate Grocery position

In addition to having Slate Grocery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Beers
Beers Theme
Companies involved in production and distribution of domestic and international beer. The Beers theme has 37 constituents at this time.
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Other Information on Investing in Slate Stock

To fully project Slate Grocery's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Slate Grocery REIT at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Slate Grocery's income statement, its balance sheet, and the statement of cash flows.
Potential Slate Grocery investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Slate Grocery investors may work on each financial statement separately, they are all related. The changes in Slate Grocery's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Slate Grocery's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.