Slate Office REIT

Slate Office REITverified

SOT-UN.TO

Price:

$0.67

Market Cap:

$53.86M

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

2013-01-08

Stock Exchange

TSX

Ticker

SOT-UN.TO

The Current Ratio as of November 2024 (TTM) for Slate Office REIT (SOT-UN.TO) is 0.47

According to Slate Office REIT’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of 2.60% compared to the average of 0.46 of the last 4 quarters.

Slate Office REIT (SOT-UN.TO) Historical Current Ratio (quarterly & annually)

How has SOT-UN.TO 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 0.47 Current Ratio has changed 16.06% with respect to the historical average. Over the past ten years (40 quarters), SOT-UN.TO'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 (SOT-UN.TO) 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 (SOT-UN.TO) Average Current Ratio

How has SOT-UN.TO Current Ratio performed in the past?

The current Current Ratio of Slate Office REIT (SOT-UN.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.43

5-year avg

0.31

10-year avg

0.29

Slate Office REIT (SOT-UN.TO) Current Ratio vs. Peers

How is SOT-UN.TO’s Current Ratio compared to its peers?

Slate Office REIT’s Current Ratio is greater than True North Commercial Real Estate Investment Trust (0.14), greater than BTB Real Estate Investment Trust (0.23), less than Inovalis Real Estate Investment Trust (0.55), greater than Slate Grocery REIT (0.09), greater than American Hotel Income Properties REIT LP (0.44),

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Frequently asked questions❓

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