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Asia Properties (Asia Properties) Sloan Ratio % : 0.00% (As of Sep. 2017)


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What is Asia Properties 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.

Asia Properties's Sloan Ratio for the quarter that ended in Sep. 2017 was 0.00%.

As of Sep. 2017, Asia Properties has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Asia Properties Sloan Ratio % Historical Data

The historical data trend for Asia Properties'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.

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Asia Properties Sloan Ratio % Chart

Asia Properties Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Sloan Ratio %
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Asia Properties Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Asia Properties's Sloan Ratio %

For the Real Estate Services subindustry, Asia Properties'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.


Asia Properties's Sloan Ratio % Distribution in the Real Estate Industry

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

* The bar in red indicates where Asia Properties's Sloan Ratio % falls into.



Asia Properties 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.

Asia Properties's Sloan Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2016 )-Cash Flow from Operations (A: Dec. 2016 )
-Cash Flow from Investing (A: Dec. 2016 ))/Total Assets (A: Dec. 2016 )
=(-0.032--0.012
-0)/0
=%

Asia Properties's Sloan Ratio for the quarter that ended in Sep. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2017 )
=(-0.122-0.007
-0)/0.002
=-6,450.00%

Asia Properties's Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was -0.012 (Dec. 2016 ) + -0.034 (Mar. 2017 ) + -0.036 (Jun. 2017 ) + -0.04 (Sep. 2017 ) = $-0.12 Mil.
Asia Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2017 was -0.005 (Dec. 2016 ) + -0.003 (Mar. 2017 ) + 0.01 (Jun. 2017 ) + 0.005 (Sep. 2017 ) = $0.01 Mil.
Asia Properties's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2017 was 0 (Dec. 2016 ) + 0 (Mar. 2017 ) + 0 (Jun. 2017 ) + 0 (Sep. 2017 ) = $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.


Asia Properties  (OTCPK:ASPZ) 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 Sep. 2017, Asia Properties has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Asia Properties Sloan Ratio % Related Terms

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Asia Properties (Asia Properties) Business Description

Traded in Other Exchanges
N/A
Address
1621 Central Avenue, Cheyenne, WY, USA, 82001
Asia Properties Inc is a development stage company. The company is seeking opportunities to invest in real estate.
Executives
Daniel S Mckinney director, officer: President, CEO TWO IFC, 19TH FLOOR, 8 FINANCE STREET, CENTRAL, HONG KONG F4 000000

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