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Gyrodyne LLC (Gyrodyne LLC) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Gyrodyne LLC 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.

Gyrodyne LLC's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, Gyrodyne LLC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Gyrodyne LLC Sloan Ratio % Historical Data

The historical data trend for Gyrodyne LLC's Sloan Ratio % can be seen below:

* 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.

* Premium members only.

Gyrodyne LLC Sloan Ratio % Chart

Gyrodyne LLC Annual Data
Trend Apr06 Dec07 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.25 20.90 - - -

Gyrodyne LLC Semi-Annual Data
Apr98 Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22 Dec23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.25 20.90 - - -

Competitive Comparison of Gyrodyne LLC's Sloan Ratio %

For the Real Estate Services subindustry, Gyrodyne LLC'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.


Gyrodyne LLC's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gyrodyne LLC's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Gyrodyne LLC's Sloan Ratio % falls into.



Gyrodyne LLC 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.

Gyrodyne LLC's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(0-0
-0)/57.405
=0.00%

Gyrodyne LLC's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(0-0
-0)/57.405
=0.00%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Gyrodyne LLC's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil.
Gyrodyne LLC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil.
Gyrodyne LLC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 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.


Gyrodyne LLC  (NAS:GYRO) 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.

According to How to Beat the Market with the Sloan Ratio:

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, Gyrodyne LLC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Gyrodyne LLC Sloan Ratio % Related Terms

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Gyrodyne LLC (Gyrodyne LLC) Business Description

Traded in Other Exchanges
N/A
Address
1 Flowerfield, Street James, Suite 24, New York, NY, USA, 11780
Gyrodyne LLC is a United States-based limited liability company. It operates in the ownership and management of industrial and medical office buildings segment. The company leases and manages various commercial properties such as medical offices and industrial properties. The properties owned by the company include Cortlandt Manor and Flowerfield.
Executives
Jan H Loeb director LEAP TIDE CAPITAL MANAGEMENT, 10451 MILL RUN CIRCLE SUITE 400, OWINGS MILLS MD 21117
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Poplar Point Capital Partners Lp other: Former 10% Owner 840 HINCKLEY ROAD, SUITE 250, BURLINGAME CA 94010
Jad Fakhry other: Former 10% Owner 840 HINCKLEY ROAD, SUITE 250, BURLINGAME CA 94010
Poplar Point Capital Management Llc other: Former 10% Owner 840 HINCKLEY ROAD, SUITE 250, BURLINGAME CA 94010
Poplar Point Capital Gp Llc other: Former 10% Owner 840 HINCKLEY ROAD, SUITE 250, BURLINGAME CA 94010
Nader Gm Salour director 1 FLOWERFIELD, SUITE 24, SAINT JAMES NY 11780
Philip F Palmedo director
Paul L Lamb director
Braun Frederick C Iii officer: President and CEO 2 JERICHO PLAZA, 2ND FLOOR, WING C, JERICHO NY 11753
Peter Pitsiokos officer: COO & CHIEF COMPLIANCE OFFICER
Gary Jay Fitlin officer: SVP & CFO 36 EAST MAIL DRIVE, MELVILLE NY 11747
Ronald J Macklin director
Elliot Howard Levine director 140 COW NECK ROAD, PORT WASHINGTON NY 11050
Richard Bull Smith director 111 BONEY LANE, ST. JAMES NY 11780