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AWP (Aberdeen Global Premier Properties Fund) Sloan Ratio % : 0.00% (As of Apr. 2024)


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What is Aberdeen Global Premier Properties Fund 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.

Aberdeen Global Premier Properties Fund's Sloan Ratio for the quarter that ended in Apr. 2024 was 0.00%.

As of Apr. 2024, Aberdeen Global Premier Properties Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Aberdeen Global Premier Properties Fund Sloan Ratio % Historical Data

The historical data trend for Aberdeen Global Premier Properties Fund'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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Aberdeen Global Premier Properties Fund Sloan Ratio % Chart

Aberdeen Global Premier Properties Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Sloan Ratio %
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Aberdeen Global Premier Properties Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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Competitive Comparison of Aberdeen Global Premier Properties Fund's Sloan Ratio %

For the Asset Management subindustry, Aberdeen Global Premier Properties Fund'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.


Aberdeen Global Premier Properties Fund's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Global Premier Properties Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Aberdeen Global Premier Properties Fund's Sloan Ratio % falls into.



Aberdeen Global Premier Properties Fund 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.

Aberdeen Global Premier Properties Fund's Sloan Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Sloan Ratio=(Net Income (A: Oct. 2023 )-Cash Flow from Operations (A: Oct. 2023 )
-Cash Flow from Investing (A: Oct. 2023 ))/Total Assets (A: Oct. 2023 )
=(-15.539-25.003
-0)/393.58
=-10.30%

Aberdeen Global Premier Properties Fund's Sloan Ratio for the quarter that ended in Apr. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Apr. 2024 )
=(-9.186-17.442
-0)/415.679
=-6.41%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Aberdeen Global Premier Properties Fund's Net Income for the trailing twelve months (TTM) ended in Apr. 2024 was -45.878 (Oct. 2023 ) + 36.692 (Apr. 2024 ) = $-9.19 Mil.
Aberdeen Global Premier Properties Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2024 was 5.88 (Oct. 2023 ) + 11.562 (Apr. 2024 ) = $17.44 Mil.
Aberdeen Global Premier Properties Fund's Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2024 was 0 (Oct. 2023 ) + 0 (Apr. 2024 ) = $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.


Aberdeen Global Premier Properties Fund  (NYSE:AWP) 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 Apr. 2024, Aberdeen Global Premier Properties Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Aberdeen Global Premier Properties Fund Sloan Ratio % Related Terms

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Aberdeen Global Premier Properties Fund Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Aberdeen Global Premier Properties Fund is a diversified, closed-end management investment company. Its objective is to seek high current income and capital appreciation. It predominantly invests in equity and debt securities of domestic and foreign issuers which are principally engaged in the real estate industry, real estate financing or control real estate assets. Its portfolio of investments consists securities of Industrial REITs, Retail REITs, Data Center REITs, Health Care REITs and others.
Executives
Peter Branner other: Other - Director of Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Todd Reit director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson other: Director of Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022