GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Power REIT (AMEX:PW) » Definitions » Sloan Ratio %

Power REIT (Power REIT) Sloan Ratio % : 0.00% (As of Dec. 2023)


View and export this data going back to 1980. Start your Free Trial

What is Power REIT 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.

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

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


Power REIT Sloan Ratio % Historical Data

The historical data trend for Power REIT'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.

Power REIT Sloan Ratio % Chart

Power REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 28.45 45.99 -0.16 -24.17

Power REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.16 -18.03 - - -

Competitive Comparison of Power REIT's Sloan Ratio %

For the REIT - Specialty subindustry, Power REIT'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.


Power REIT's Sloan Ratio % Distribution in the REITs Industry

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

* The bar in red indicates where Power REIT's Sloan Ratio % falls into.



Power REIT 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.

Power REIT'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 )
=(-14.366--2.623
-5.228)/70.21
=-24.17%

Power REIT'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 )
=(-14.365--2.624
-5.228)/70.21
=-24.17%

Power REIT's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.339 (Mar. 2023 ) + -2.191 (Jun. 2023 ) + -10.023 (Sep. 2023 ) + -1.812 (Dec. 2023 ) = $-14.37 Mil.
Power REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.877 (Mar. 2023 ) + -0.813 (Jun. 2023 ) + -0.317 (Sep. 2023 ) + -0.617 (Dec. 2023 ) = $-2.62 Mil.
Power REIT's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 2.409 (Mar. 2023 ) + 0 (Jun. 2023 ) + -0.015 (Sep. 2023 ) + 2.834 (Dec. 2023 ) = $5.23 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.


Power REIT  (AMEX:PW) 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, Power REIT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Power REIT Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Power REIT's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Power REIT (Power REIT) Business Description

Traded in Other Exchanges
Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.
Executives
Dionisio D'aguilar director 301 WINDING ROAD, OLD BETHPAGE NY 11804
Virgil E Wenger director 450 MIDDLESEX RD, DARIEN CT 06820-2519
Haynes Patrick R Iii director 1111 W STREET, NW, APARTMENT #1, WASHINGTON DC DC 20009
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Susan Hollander officer: Chief Accounting Officer 21 PASTURE LANE, OLD BETHPAGE NY 11804
David H Lesser director, 10 percent owner, officer: Chairman and CEO 301 WINDING ROAD, OLD BETHPAGE NY 11804
Justinian Hobor director 1358 W. GREENLEAF AVE., APT. 3S, CHICAGO IL 60626
William Susman director 3 EAST 84TH STREET, NEW YORK NY 10028
Arun Mittal officer: Corporate Secretary, Treasurer 2631 MEADOW HALL DRIVE, HERNDON VA 20171