Cury Construtora Eorporadora (BSP:CURY3) Sloan Ratio % : 5.35% (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Cury Construtora Eorporadora 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.

Cury Construtora Eorporadora's Sloan Ratio for the quarter that ended in Dec. 2024 was 5.35%.

As of Dec. 2024, Cury Construtora Eorporadora has a Sloan Ratio of 5.35%, indicating the company is in the safe zone and there is no funny business with accruals.

Cury Construtora Eorporadora Sloan Ratio % Historical Data

The historical data trend for Cury Construtora Eorporadora'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.

Cury Construtora Eorporadora Sloan Ratio % Chart

Cury Construtora Eorporadora Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Sloan Ratio %

Get a 7-Day Free Trial

4.52

5.05

0.84

6.31

5.35

Cury Construtora Eorporadora Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Sloan Ratio %	Get a 7-Day Free Trial															6.31	6.33	11.17	10.25	5.35

Competitive Comparison of Cury Construtora Eorporadora's Sloan Ratio %

For the Real Estate - Development subindustry, Cury Construtora Eorporadora'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.

Cury Construtora Eorporadora's Sloan Ratio % Distribution in the Real Estate Industry

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

* The bar in red indicates where Cury Construtora Eorporadora's Sloan Ratio % falls into.

Save Embed

;

Save Embed

;

Cury Construtora Eorporadora 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.

Cury Construtora Eorporadora's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio	=	(Net Income (A: Dec. 2024 )	-	Cash Flow from Operations (A: Dec. 2024 )
	-	Cash Flow from Investing (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2024 )
	=	(649.843	-	479.564
	-	-61.707)	/	4339.295
	=	5.35%

Cury Construtora Eorporadora's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Dec. 2024 )
	=	(649.843	-	479.564
	-	-61.707)	/	4339.295
	=	5.35%

Cury Construtora Eorporadora's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 141.241 (Mar. 2024 ) + 172.247 (Jun. 2024 ) + 170.571 (Sep. 2024 ) + 165.784 (Dec. 2024 ) = R$650 Mil.
Cury Construtora Eorporadora's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 24.438 (Mar. 2024 ) + 173.094 (Jun. 2024 ) + 114.104 (Sep. 2024 ) + 167.928 (Dec. 2024 ) = R$480 Mil.
Cury Construtora Eorporadora's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -23.395 (Mar. 2024 ) + -273.183 (Jun. 2024 ) + 19.92 (Sep. 2024 ) + 214.951 (Dec. 2024 ) = R$-62 Mil.

Cury Construtora Eorporadora (BSP:CURY3) 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. 2024, Cury Construtora Eorporadora has a Sloan Ratio of 5.35%, indicating the company is in the safe zone and there is no funny business with accruals.

Cury Construtora Eorporadora Sloan Ratio % Related Terms

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

Cury Construtora Eorporadora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cury Construtora E Incorporadora SA (BSP:CURY3) » Definitions » Sloan Ratio %

Traded in Other Exchanges

N/A

Address

Funchal Street, 411 - 1st floor Vila Olimpia, Sao Paulo, SP, BRA

Website

https://www.cury.net

Cury Construtora E Incorporadora SA is engaged in the real estate business. It develops commercial, residential buildings, condominiums and housing complexes.

Cury Construtora Eorporadora Headlines

No Headlines