Seritage Total Current Assets vs Intangible Assets Analysis

SRG Stock  USD 6.21  0.18  2.82%   
Seritage Growth financial indicator trend analysis is much more than just breaking down Seritage Growth Prop prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seritage Growth Prop is a good investment. Please check the relationship between Seritage Growth Total Current Assets and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seritage Growth Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Assets vs Intangible Assets

Total Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seritage Growth Prop Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Seritage Growth's Total Current Assets and Intangible Assets is -0.48. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Seritage Growth Properties, assuming nothing else is changed. The correlation between historical values of Seritage Growth's Total Current Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Seritage Growth Properties are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Seritage Growth's Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Seritage Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seritage Growth Prop 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 Seritage Growth Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Seritage Growth's Tax Provision is most likely to decrease significantly in the upcoming years. The Seritage Growth's current Sales General And Administrative To Revenue is estimated to increase to 2.29, while Selling General Administrative is projected to decrease to roughly 35.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses93.1M88.7M46.0M43.7M
Cost Of Revenue80.3M65.7M41.7M71.5M

Seritage Growth fundamental ratios Correlations

-0.94-0.48-0.52-0.39-0.85-0.780.860.66-0.55-0.910.690.17-0.88-0.610.530.110.170.260.99-0.870.280.12-0.510.970.74
-0.940.720.420.60.790.68-0.69-0.810.750.81-0.590.00.920.43-0.420.070.00.02-0.960.71-0.010.070.74-0.88-0.55
-0.480.720.130.790.360.32-0.1-0.840.950.35-0.080.280.74-0.08-0.010.390.280.61-0.520.150.530.391.0-0.360.01
-0.520.420.130.040.220.39-0.370.020.140.39-0.09-0.020.470.07-0.370.31-0.02-0.34-0.550.470.060.30.15-0.43-0.33
-0.390.60.790.040.130.11-0.08-0.620.720.170.080.30.5-0.10.380.470.30.53-0.460.00.510.480.79-0.30.14
-0.850.790.360.220.130.81-0.84-0.730.440.96-0.92-0.190.790.74-0.63-0.52-0.19-0.37-0.770.91-0.54-0.520.39-0.87-0.88
-0.780.680.320.390.110.81-0.66-0.540.340.81-0.730.00.670.5-0.66-0.330.0-0.21-0.710.79-0.46-0.350.35-0.74-0.65
0.86-0.69-0.1-0.37-0.08-0.84-0.660.49-0.27-0.930.730.51-0.71-0.910.510.510.510.620.81-0.950.640.52-0.130.940.92
0.66-0.81-0.840.02-0.62-0.73-0.540.49-0.89-0.690.480.04-0.86-0.410.210.140.04-0.250.64-0.5-0.030.14-0.850.640.42
-0.550.750.950.140.720.440.34-0.27-0.890.47-0.12-0.040.830.12-0.010.22-0.040.48-0.580.270.380.230.95-0.48-0.16
-0.910.810.350.390.170.960.81-0.93-0.690.47-0.81-0.290.860.81-0.61-0.45-0.29-0.43-0.850.97-0.51-0.460.39-0.94-0.9
0.69-0.59-0.08-0.090.08-0.92-0.730.730.48-0.12-0.810.09-0.5-0.650.680.60.090.490.61-0.810.670.61-0.110.720.82
0.170.00.28-0.020.3-0.190.00.510.04-0.04-0.290.09-0.17-0.60.00.541.00.450.14-0.330.530.530.260.310.52
-0.880.920.740.470.50.790.67-0.71-0.860.830.86-0.5-0.170.52-0.39-0.06-0.17-0.03-0.860.75-0.04-0.060.76-0.84-0.62
-0.610.43-0.080.07-0.10.740.5-0.91-0.410.120.81-0.65-0.60.52-0.44-0.73-0.6-0.65-0.530.84-0.75-0.74-0.05-0.77-0.86
0.53-0.42-0.01-0.370.38-0.63-0.660.510.21-0.01-0.610.680.0-0.39-0.440.280.00.430.48-0.660.380.3-0.030.540.53
0.110.070.390.310.47-0.52-0.330.510.140.22-0.450.60.54-0.06-0.730.280.540.61-0.01-0.50.91.00.370.270.68
0.170.00.28-0.020.3-0.190.00.510.04-0.04-0.290.091.0-0.17-0.60.00.540.450.14-0.330.530.530.260.310.52
0.260.020.61-0.340.53-0.37-0.210.62-0.250.48-0.430.490.45-0.03-0.650.430.610.450.19-0.60.760.610.580.390.69
0.99-0.96-0.52-0.55-0.46-0.77-0.710.810.64-0.58-0.850.610.14-0.86-0.530.48-0.010.140.19-0.80.17-0.01-0.540.950.65
-0.870.710.150.470.00.910.79-0.95-0.50.270.97-0.81-0.330.750.84-0.66-0.5-0.33-0.6-0.8-0.62-0.510.19-0.92-0.94
0.28-0.010.530.060.51-0.54-0.460.64-0.030.38-0.510.670.53-0.04-0.750.380.90.530.760.17-0.620.90.510.410.77
0.120.070.390.30.48-0.52-0.350.520.140.23-0.460.610.53-0.06-0.740.31.00.530.61-0.01-0.510.90.370.280.68
-0.510.741.00.150.790.390.35-0.13-0.850.950.39-0.110.260.76-0.05-0.030.370.260.58-0.540.190.510.37-0.39-0.03
0.97-0.88-0.36-0.43-0.3-0.87-0.740.940.64-0.48-0.940.720.31-0.84-0.770.540.270.310.390.95-0.920.410.28-0.390.81
0.74-0.550.01-0.330.14-0.88-0.650.920.42-0.16-0.90.820.52-0.62-0.860.530.680.520.690.65-0.940.770.68-0.030.81
Click cells to compare fundamentals

Seritage Growth Account Relationship Matchups

Seritage Growth fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding36.4M38.3M42.4M49.7M56.2M42.5M
Total Assets2.8B2.6B2.4B1.8B973.9M1.9B
Short Long Term Debt Total1.6B1.6B1.5B1.0B360.8M342.8M
Other Current Liab36.5M52.1M24.9M(978.3M)1.2M1.2M
Total Current Liabilities79.2M123.3M88.0M81.9M43.4M68.4M
Total Stockholder Equity731.4M649.0M687.7M720.5M562.0M596.4M
Other Liab20.7M4.2M3.7M978K880.2K836.2K
Net Tangible Assets663.2M630.4M672.9M718.7M826.4M628.0M
Property Plant And Equipment Net22.8M21.7M21.2M17.3M560.7M588.8M
Noncontrolling Interest In Consolidated Entity312.0M233.7M157.1M2.1M1.9M1.8M
Net Debt1.5B1.5B1.4B902.2M211.1M200.6M
Retained Earnings(418.7M)(528.6M)(553.8M)(640.5M)(800.3M)(760.3M)
Accounts Payable34.4M44.8M36.0M25.5M42.3M31.4M
Cash139.3M143.7M106.6M133.5M149.7M138.9M
Non Current Assets Total2.5B2.4B2.3B1.2B758.1M720.2M
Non Currrent Assets Other9.3M9.4M9.8M787.3M68.3M64.8M
Other Assets5.3M2.4B567.5M1.3B826.7M672.9M
Long Term Debt1.6B1.6B1.4B1.0B1.2B1.5B
Cash And Short Term Investments139.3M143.7M106.6M133.5M149.7M138.9M
Net Receivables54.5M46.6M29.1M41.5M12.2M11.6M
Common Stock Total Equity381K389K436K561K645.2K435.7K
Retained Earnings Total Equity(418.7M)(528.6M)(553.8M)(640.5M)(576.5M)(547.7M)
Long Term Debt Total1.6B1.6B1.5B1.0B1.2B1.5B
Liabilities And Stockholders Equity2.8B2.6B2.4B1.8B973.9M1.9B
Non Current Liabilities Total1.6B1.6B1.5B1.0B367.3M348.9M
Capital Surpluse1.1B1.2B1.2B1.4B1.6B1.2B
Other Current Assets(193.7M)(196.8M)(142.9M)(186.4M)(161.9M)(153.8M)
Other Stockholder Equity1.1B1.2B1.2B1.4B1.4B1.3B
Total Liab1.7B1.8B1.6B1.1B410.7M390.2M
Long Term Investments445.1M457.0M498.6M382.6M440.0M456.1M
Property Plant And Equipment Gross22.8M21.7M21.2M17.3M15.6M14.8M
Total Current Assets210.0M208.3M152.9M652.7M215.8M343.9M
Short Term Debt0.020.4M20.6M1.0B926.8M973.1M
Intangible Assets68.2M18.6M14.8M1.8M886K841.7K

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When determining whether Seritage Growth Prop is a strong investment it is important to analyze Seritage Growth'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 Seritage Growth's future performance. For an informed investment choice regarding Seritage 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 Seritage Growth Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is Seritage Growth's industry 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 Seritage Growth. If investors know Seritage 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 Seritage Growth 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)
Earnings Share
(2.08)
Revenue Per Share
0.418
Quarterly Revenue Growth
0.942
Return On Assets
(0.03)
The market value of Seritage Growth Prop is measured differently than its book value, which is the value of Seritage that is recorded on the company's balance sheet. Investors also form their own opinion of Seritage Growth's value that differs from its market value or its book value, called intrinsic value, which is Seritage Growth'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 Seritage Growth's market value can be influenced by many factors that don't directly affect Seritage Growth'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 Seritage Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seritage Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seritage Growth'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.