Slate Office Reit Stock Today

SOT-UN Stock  CAD 0.45  0.02  4.26%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Over 61

 
High
 
Low
Quite High
Slate Office is trading at 0.45 as of the 29th of November 2024, a 4.26 percent down since the beginning of the trading day. The stock's open price was 0.47. Slate Office has more than 61 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Slate Office REIT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
Category
Real Estate
Slate Office REIT is an open-ended real estate investment trust. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions. SLATE OFFICE operates under REIT - Office classification in Canada and is traded on Toronto Stock Exchange.. The company has 80.38 M outstanding shares of which 502.3 K shares are at this time shorted by private and institutional investors with about 3.48 days to cover all short positions. More on Slate Office REIT

Moving against Slate Stock

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Slate Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Slate Office's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Slate Office or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, Office Supplies, Furniture, Real Estate, Diversified REITs, REIT - Office, Real Estate (View all Sectors)
Slate Office's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Slate Office's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Slate Office can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Slate Office's financial leverage. It provides some insight into what part of Slate Office's total assets is financed by creditors.
Liquidity
Slate Office cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Slate Office REIT has accumulated 983.01 M in total debt with debt to equity ratio (D/E) of 186.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Slate Office REIT has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Slate Office until it has trouble settling it off, either with new capital or with free cash flow. So, Slate Office's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Slate Office REIT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Slate to invest in growth at high rates of return. When we think about Slate Office's use of debt, we should always consider it together with cash and equity.

Change In Cash

(8.2 Million)
Slate Office REIT (SOT-UN) is traded on Toronto Exchange in Canada and employs 8 people. Slate Office is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 38.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Slate Office's market, we take the total number of its shares issued and multiply it by Slate Office's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Slate Office REIT operates under Diversified REITs sector and is part of Real Estate industry. The entity has 80.38 M outstanding shares of which 502.3 K shares are at this time shorted by private and institutional investors with about 3.48 days to cover all short positions. Slate Office REIT has accumulated about 6.02 M in cash with 40.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Check Slate Office Probability Of Bankruptcy
Ownership Allocation
Slate Office REIT shows a total of 80.38 Million outstanding shares. About 93.85 % of Slate Office outstanding shares are held by general public with 2.0 (%) owned by insiders and only 4.15 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Slate Ownership Details

Slate Office REIT Risk Profiles

Although Slate Office's alpha and beta are two of the key measurements used to evaluate Slate Office's performance over the market, the standard measures of volatility play an important role as well.

Slate Stock Against Markets

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Slate Office Corporate Management

Elected by the shareholders, the Slate Office's board of directors comprises two types of representatives: Slate Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Slate. The board's role is to monitor Slate Office's management team and ensure that shareholders' interests are well served. Slate Office's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Slate Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles PeachChief OfficerProfile
Bozena JankowskaMD ESGProfile
Robert ArmstrongChief OfficerProfile
Lisa RoweManaging DirectorProfile
Ramsey JDGeneral SecretaryProfile
Darrell ShippDirector AcquisitionsProfile
Brady CAChief OfficerProfile

Other Information on Investing in Slate Stock

Slate Office financial ratios help investors to determine whether Slate Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Slate with respect to the benefits of owning Slate Office security.