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INET Freehold and Leasehold REIT (BKK:INETREIT) Sloan Ratio % : 0.00% (As of Sep. 2024)


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What is INET Freehold and Leasehold 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.

INET Freehold and Leasehold REIT's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

As of Sep. 2024, INET Freehold and Leasehold REIT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


INET Freehold and Leasehold REIT Sloan Ratio % Historical Data

The historical data trend for INET Freehold and Leasehold 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.

INET Freehold and Leasehold REIT Sloan Ratio % Chart

INET Freehold and Leasehold REIT Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
- - -

INET Freehold and Leasehold REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of INET Freehold and Leasehold REIT's Sloan Ratio %

For the REIT - Specialty subindustry, INET Freehold and Leasehold 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.


INET Freehold and Leasehold REIT's Sloan Ratio % Distribution in the REITs Industry

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

* The bar in red indicates where INET Freehold and Leasehold REIT's Sloan Ratio % falls into.



INET Freehold and Leasehold 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.

INET Freehold and Leasehold 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 )
=(294.938-557.419
-0)/4726.179
=-5.55%

INET Freehold and Leasehold REIT's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(348.85--2006.293
-0)/7237.199
=32.54%

INET Freehold and Leasehold REIT's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 72.993 (Dec. 2023 ) + 45.787 (Mar. 2024 ) + 114.73 (Jun. 2024 ) + 115.34 (Sep. 2024 ) = ฿348.9 Mil.
INET Freehold and Leasehold REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 88.815 (Dec. 2023 ) + -2219.833 (Mar. 2024 ) + -24.276 (Jun. 2024 ) + 149.001 (Sep. 2024 ) = ฿-2,006.3 Mil.
INET Freehold and Leasehold REIT's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Dec. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) = ฿0.0 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.


INET Freehold and Leasehold REIT  (BKK:INETREIT) 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. 2024, INET Freehold and Leasehold REIT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


INET Freehold and Leasehold REIT Sloan Ratio % Related Terms

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INET Freehold and Leasehold REIT Business Description

Traded in Other Exchanges
N/A
Address
New Petchaburi Road, 1768 Thai Summit Tower, 24th Floor, Bang Kapi Sub-district, Huay Khwang District, Bangkok, THA, 10310
INET Freehold and Leasehold REIT invests in buildings and equipment related to the operation of Data Center INET-IDC3 Phase 1 project and the leasehold right of the land on which the substation building is located.

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