What is Altisource Asset Management Sloan Ratio %?
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Altisource Asset Management's Sloan Ratio %
For the Mortgage Finance subindustry, Altisource Asset Management's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Altisource Asset Management's Sloan Ratio % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Altisource Asset Management's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Altisource Asset Management's Sloan Ratio % falls into.
Altisource Asset Management Sloan Ratio % Calculation
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Altisource Asset Management's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -2.988 (Mar. 2023 ) + -3.814 (Jun. 2023 ) + -13.47 (Sep. 2023 ) + -12.274 (Dec. 2023 ) = $-32.55 Mil.
Altisource Asset Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -6.944 (Mar. 2023 ) + -11.539 (Jun. 2023 ) + 10.212 (Sep. 2023 ) + -3.502 (Dec. 2023 ) = $-11.77 Mil.
Altisource Asset Management's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 17.974 (Mar. 2023 ) + 12.665 (Jun. 2023 ) + 17.046 (Sep. 2023 ) + 15.209 (Dec. 2023 ) = $62.89 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Altisource Asset Management (AMEX:AAMC) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Dec. 2023, Altisource Asset Management has a Sloan Ratio of -327.60%, indicating earnings are more likely to be made up of accruals.
Altisource Asset Management Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Altisource Asset Management's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Altisource Asset Management (Altisource Asset Management) Business Description
Altisource Asset Management Corp is an asset management company. It provides asset management, portfolio management, and corporate governance services to investment vehicles that own real estate-related assets. The firm's business is to provide its services to the client in a manner that builds long-term value and a stable income stream while generating management fees for the firm and developing additional investment strategies and vehicles.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AAMC has been successfully added to your 