GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mobile Infrastructure Corp (AMEX:BEEP) » Definitions » Sloan Ratio %

Mobile Infrastructure (Mobile Infrastructure) Sloan Ratio % : 0.00% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Mobile Infrastructure 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.

Mobile Infrastructure's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

As of Mar. 2024, Mobile Infrastructure has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Mobile Infrastructure Sloan Ratio % Historical Data

The historical data trend for Mobile Infrastructure'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.

Mobile Infrastructure Sloan Ratio % Chart

Mobile Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
6.82 2.25 -5.35

Mobile Infrastructure Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Mobile Infrastructure's Sloan Ratio %

For the Infrastructure Operations subindustry, Mobile Infrastructure'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.


Mobile Infrastructure's Sloan Ratio % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mobile Infrastructure's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Mobile Infrastructure's Sloan Ratio % falls into.



Mobile Infrastructure 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.

Mobile Infrastructure'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 )
=(-25.123--2.125
--0.346)/423.237
=-5.35%

Mobile Infrastructure's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-25.504--4.42
-0.819)/420.067
=-5.21%

Mobile Infrastructure's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -1.548 (Mar. 2023 ) + -17.835 (Sep. 2023 ) + -4.023 (Dec. 2023 ) + -2.098 (Mar. 2024 ) = $-25.50 Mil.
Mobile Infrastructure's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -3.063 (Mar. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + -1.357 (Mar. 2024 ) = $-4.42 Mil.
Mobile Infrastructure's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 1.228 (Mar. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + -0.409 (Mar. 2024 ) = $0.82 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.


Mobile Infrastructure  (AMEX:BEEP) 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 Mar. 2024, Mobile Infrastructure has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Mobile Infrastructure Sloan Ratio % Related Terms

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


Mobile Infrastructure (Mobile Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
30 W. 4th Street, Cincinnati, OH, USA, 45202
Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company targets both parking garage and surface lot properties primarily in the top 50 U.S. Metropolitan Statistical Areas, with proximity to key demand drivers, such as airports, transportation hubs, educational facilities, government buildings and courthouses, sports and entertainment venues, hospital and health centers, hotels, office complexes and residences.
Executives
Jeffrey Osher director 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Stephanie Hogue director, 10 percent owner, officer: President & CFO 250 E. 5TH STREET, STE 2110, CINCINNATI OH 45202
Amanda Parness other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Brad Greiwe director 1 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK NY 10014
Damon D Jones director 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Manuel Iii Chavez director, officer: CEO 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Color Up, Llc other: See Remarks 250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Hscp Strategic Iii L.p. other: See Remarks 505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Poonam Sharma Mathis other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Adeyemi Ajao other: Former Director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Lorrence T Kellar director C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Fifth Wall Acquisition Sponsor Iii, Llc 10 percent owner 6060 CENTER DRIVE, FLOOR 10, LOS ANGELES CA 90045
Andriy Mykhaylovskyy 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Brendan Wallace 10 percent owner 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Alana Beard other: Former Director 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045

Mobile Infrastructure (Mobile Infrastructure) Headlines

From GuruFocus