Slate Office REIT

Slate Office REITverified

SLTTF

Price:

$0.2755

Market Cap:

$32.96M

Slate Office REIT is an owner and operator of North American office real estate. The REIT owns interests in and operates a portfolio of 35 strategic and well-located real estate assets across Canada's major population centres and includes two assets in downtown Chicago, Illinois. 60% of the REIT's portfolio is comprised of government or credit rated tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy.[Read more]

Industry

REIT - Office

IPO Date

2017-07-13

Stock Exchange

PNK

Ticker

SLTTF

The Current Ratio as of December 2024 (TTM) for Slate Office REIT (SLTTF) is 0.12

According to Slate Office REIT’s latest financial reports and current stock price. The company's current Current Ratio is 0.12. This represents a change of -71.85% compared to the average of 0.42 of the last 4 quarters.

Slate Office REIT (SLTTF) Historical Current Ratio (quarterly & annually)

How has SLTTF Current Ratio performed in the past?

The mean historical Current Ratio of Slate Office REIT over the last ten years is 0.29. The current 0.12 Current Ratio has changed 3.92% with respect to the historical average. Over the past ten years (40 quarters), SLTTF's Current Ratio was at its highest in in the December 2015 quarter at 0.73. The Current Ratio was at its lowest in in the September 2020 quarter at 0.05.

Quarterly (TTM)
Annual

Average

0.29

Median

0.12

Minimum

0.07

Maximum

0.73

Slate Office REIT (SLTTF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Slate Office REIT Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 492.49%

Maximum Annual Current Ratio = 0.73

Minimum Annual Increase = -88.92%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.56492.49%
20220.09-85.33%
20210.65418.65%
20200.1218.86%
20190.1053.32%
20180.07-36.52%
20170.1133.67%
20160.08-88.92%
20150.7386.52%
20140.39154.82%

Slate Office REIT (SLTTF) Average Current Ratio

How has SLTTF Current Ratio performed in the past?

The current Current Ratio of Slate Office REIT (SLTTF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.43

5-year avg

0.31

10-year avg

0.29

Slate Office REIT (SLTTF) Current Ratio vs. Peers

How is SLTTF’s Current Ratio compared to its peers?

Slate Office REIT’s Current Ratio is less than Corporate Office Properties Trust (11.01), less than Franklin Street Properties Corp. (3.51), less than Douglas Emmett, Inc. (3.40), less than Highwoods Properties, Inc. (1.56), less than Brandywine Realty Trust (1.06), less than Hudson Pacific Properties, Inc. (1.08), less than Piedmont Office Realty Trust, Inc. (1.34), less than City Office REIT, Inc. (0.31), less than SL Green Realty Corp. (1.31), less than Boston Properties, Inc. (1.23), less than Kilroy Realty Corporation (1.79), less than Alexandria Real Estate Equities, Inc. (0.30),

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