SLG Reconciled Depreciation vs Income Before Tax Analysis

SLG Stock  USD 50.61  0.27  0.53%   
SL Green financial indicator trend analysis is much more than just breaking down SL Green Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SL Green Realty is a good investment. Please check the relationship between SL Green Reconciled Depreciation and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Reconciled Depreciation vs Income Before Tax

Reconciled Depreciation vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SL Green Realty Reconciled Depreciation account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between SL Green's Reconciled Depreciation and Income Before Tax is 0.37. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of SL Green Realty, assuming nothing else is changed. The correlation between historical values of SL Green's Reconciled Depreciation and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of SL Green Realty are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Reconciled Depreciation i.e., SL Green's Reconciled Depreciation and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SL Green income statement and is an important metric when analyzing SL Green Realty profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from SL Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SL Green Realty 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 SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 78.7 M. The current Discontinued Operations is estimated to decrease to about 365.1 K
 2021 2022 2023 2024 (projected)
Gross Profit497.4M487.5M298.2M283.2M
Total Revenue844.0M826.7M913.7M972.7M

SL Green fundamental ratios Correlations

0.970.640.720.970.040.970.780.890.531.00.82-0.240.530.780.940.940.990.860.980.680.860.950.320.730.96
0.970.660.820.90.01.00.720.860.530.970.83-0.180.510.760.860.850.990.791.00.620.830.870.460.750.96
0.640.660.590.6-0.10.660.650.450.410.630.73-0.210.350.540.570.550.640.610.650.220.680.580.220.450.66
0.720.820.590.57-0.090.820.320.670.560.710.590.050.530.590.540.530.750.470.820.510.640.530.840.630.7
0.970.90.60.570.070.90.830.880.480.970.78-0.290.50.760.970.980.930.870.90.690.820.990.150.660.91
0.040.0-0.1-0.090.070.010.2-0.01-0.180.06-0.37-0.1-0.18-0.560.090.040.050.090.020.08-0.230.090.060.270.06
0.971.00.660.820.90.010.730.850.510.970.83-0.20.480.750.850.850.990.791.00.610.830.870.450.740.96
0.780.720.650.320.830.20.730.540.110.790.77-0.530.050.510.750.780.750.780.70.240.580.8-0.080.390.79
0.890.860.450.670.88-0.010.850.540.750.890.620.080.740.750.860.840.880.630.880.850.820.850.340.730.77
0.530.530.410.560.48-0.180.510.110.750.520.360.430.920.580.520.450.550.340.570.670.590.470.320.720.39
1.00.970.630.710.970.060.970.790.890.520.82-0.240.520.770.940.940.990.860.980.670.840.950.320.730.97
0.820.830.730.590.78-0.370.830.770.620.360.82-0.370.310.860.710.740.810.760.80.260.750.730.140.410.83
-0.24-0.18-0.210.05-0.29-0.1-0.2-0.530.080.43-0.24-0.370.41-0.1-0.31-0.31-0.17-0.5-0.140.3-0.11-0.330.140.12-0.35
0.530.510.350.530.5-0.180.480.050.740.920.520.310.410.560.530.490.520.40.540.730.60.50.310.650.43
0.780.760.540.590.76-0.560.750.510.750.580.770.86-0.10.560.730.770.750.640.750.530.80.730.190.430.7
0.940.860.570.540.970.090.850.750.860.520.940.71-0.310.530.730.980.890.880.860.740.810.990.140.720.88
0.940.850.550.530.980.040.850.780.840.450.940.74-0.310.490.770.980.890.880.860.710.830.990.120.650.89
0.990.990.640.750.930.050.990.750.880.550.990.81-0.170.520.750.890.890.810.990.650.840.90.360.770.96
0.860.790.610.470.870.090.790.780.630.340.860.76-0.50.40.640.880.880.810.780.430.70.890.060.650.88
0.981.00.650.820.90.021.00.70.880.570.980.8-0.140.540.750.860.860.990.780.650.840.870.460.780.95
0.680.620.220.510.690.080.610.240.850.670.670.260.30.730.530.740.710.650.430.650.650.710.290.690.55
0.860.830.680.640.82-0.230.830.580.820.590.840.75-0.110.60.80.810.830.840.70.840.650.810.220.610.8
0.950.870.580.530.990.090.870.80.850.470.950.73-0.330.50.730.990.990.90.890.870.710.810.120.690.91
0.320.460.220.840.150.060.45-0.080.340.320.320.140.140.310.190.140.120.360.060.460.290.220.120.360.32
0.730.750.450.630.660.270.740.390.730.720.730.410.120.650.430.720.650.770.650.780.690.610.690.360.69
0.960.960.660.70.910.060.960.790.770.390.970.83-0.350.430.70.880.890.960.880.950.550.80.910.320.69
Click cells to compare fundamentals

SL Green Account Relationship Matchups

SL Green fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.8B11.7B11.1B12.4B9.5B9.9B
Short Long Term Debt Total5.9B5.4B5.0B6.5B4.4B4.5B
Other Current Liab101.4M164.1M264.2M35.8M38.2M40.1M
Total Current Liabilities622.4M544M919.0M912.9M880.2M778.5M
Total Stockholder Equity5.4B4.9B5.0B4.8B4.0B4.2B
Net Debt5.8B5.2B4.7B6.3B4.1B4.3B
Retained Earnings1.1B1.0B975.8M651.1M(151.6M)(144.0M)
Accounts Payable166.9M151.3M157.6M154.9M153.2M133.4M
Cash166.1M266.1M251.4M203.3M335.5M188.2M
Non Current Assets Total11.8B10.9B10.2B11.6B8.9B9.2B
Non Currrent Assets Other6.8B6.0B6.1B6.6B525.1M498.9M
Other Assets375.6M11.4B10.8B10.9B8.1B8.5B
Cash And Short Term Investments196.0M294.6M286.2M214.5M335.5M343.7M
Net Receivables348.1M382.0M325.3M319.7M310.1M236.5M
Common Stock Total Equity803K716K672K656K754.4K696.7K
Common Stock Shares Outstanding77.1M72.8M68.7M63.9M63.8M68.9M
Liabilities And Stockholders Equity12.8B11.7B11.1B12.4B9.5B9.9B
Non Current Liabilities Total5.9B5.7B4.8B6.3B4.4B4.4B
Other Stockholder Equity4.2B3.7B3.6B3.7B3.7B5.0B
Total Liab6.6B6.2B5.7B7.3B5.3B5.2B
Total Current Assets1.0B783.3M837.9M715.0M655.2M736.0M
Accumulated Other Comprehensive Income(28.5M)(67.2M)(46.8M)49.6M17.5M18.4M
Common Stock803K716K672K656K660K697.8K
Short Term Debt240M110M390M450M554.8M447.0M
Other Liab324.3M475.2M355.0M548.8M631.1M429.9M
Long Term Debt5.3B4.8B3.6B5.1B2.9B4.8B
Short Term Investments29.9M28.6M34.8M11.2M9.6M9.1M
Current Deferred Revenue114.1M118.6M107.3M272.2M134.1M227.6M
Other Current Assets(720.6M)(821.0M)(712.6M)(712.8M)(645.6M)(613.3M)
Intangible Assets27.0M25.2M17.1M213.5M4.8M4.5M
Net Tangible Assets5.5B5.2B4.5B4.8B4.3B4.8B
Noncontrolling Interest In Consolidated Entity485.7M26.0M13.4M61.9M55.7M52.9M
Retained Earnings Total Equity1.1B1.0B975.8M651.1M586.0M960.8M
Long Term Debt Total5.3B4.8B3.6B5.0B4.5B4.8B

SL Green Investors Sentiment

The influence of SL Green's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SLG. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SL Green's public news can be used to forecast risks associated with an investment in SLG. The trend in average sentiment can be used to explain how an investor holding SLG can time the market purely based on public headlines and social activities around SL Green Realty. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SL Green's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SL Green's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SL Green's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SL Green.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SL Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SL Green's short interest history, or implied volatility extrapolated from SL Green options trading.

Currently Active Assets on Macroaxis

When determining whether SL Green Realty is a strong investment it is important to analyze SL Green'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 SL Green's future performance. For an informed investment choice regarding SLG 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 SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running SL Green's price analysis, check to measure SL Green's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SL Green is operating at the current time. Most of SL Green's value examination focuses on studying past and present price action to predict the probability of SL Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SL Green's price. Additionally, you may evaluate how the addition of SL Green to your portfolios can decrease your overall portfolio volatility.
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Is SL Green'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 SL Green. If investors know SLG 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 SL Green 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)
Dividend Share
3.166
Earnings Share
(8.29)
Revenue Per Share
12.622
Quarterly Revenue Growth
(0.01)
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green'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 SL Green's market value can be influenced by many factors that don't directly affect SL Green'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 SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green'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.