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Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Sloan Ratio % : 0.00% (As of Dec. 2022)


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What is Merito Cemiterios Fii Fundo De Investimento Imobiliario 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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario's Sloan Ratio for the quarter that ended in Dec. 2022 was 0.00%.

As of Dec. 2022, Merito Cemiterios Fii Fundo De Investimento Imobiliario has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Merito Cemiterios Fii Fundo De Investimento Imobiliario Sloan Ratio % Historical Data

The historical data trend for Merito Cemiterios Fii Fundo De Investimento Imobiliario'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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Merito Cemiterios Fii Fundo De Investimento Imobiliario Sloan Ratio % Chart

Merito Cemiterios Fii Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
Sloan Ratio %
- -

Merito Cemiterios Fii Fundo De Investimento Imobiliario Quarterly Data
Dec22 Dec23
Sloan Ratio % - -

Competitive Comparison of Merito Cemiterios Fii Fundo De Investimento Imobiliario's Sloan Ratio %

For the REIT - Specialty subindustry, Merito Cemiterios Fii Fundo De Investimento Imobiliario'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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Cemiterios Fii Fundo De Investimento Imobiliario's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Merito Cemiterios Fii Fundo De Investimento Imobiliario's Sloan Ratio % falls into.



Merito Cemiterios Fii Fundo De Investimento Imobiliario 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.

Merito Cemiterios Fii Fundo De Investimento Imobiliario'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 )
=(-3.456--4.004
-0)/95.319
=0.57%

Merito Cemiterios Fii Fundo De Investimento Imobiliario's Sloan Ratio for the quarter that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2022 )
=(-
-)/
=%

Merito Cemiterios Fii Fundo De Investimento Imobiliario does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2022.

* 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.


Merito Cemiterios Fii Fundo De Investimento Imobiliario  (BSP:MCEM11) 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. 2022, Merito Cemiterios Fii Fundo De Investimento Imobiliario has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Merito Cemiterios Fii Fundo De Investimento Imobiliario Sloan Ratio % Related Terms

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Merito Cemiterios Fii Fundo De Investimento Imobiliario (BSP:MCEM11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Funchal, 418, 21st floor, Vila Olímpia CEP, Sao Paulo, SP, BRA, 04551-060
Merito Cemiterios Fii Fundo De Investimento Imobiliario is a closed condominium fund, with an indefinite duration. The Fund's purpose is to make long-term real estate investments through the acquisition of the following assets: (i) any real rights over real estate; (ii) real rights over real estate, shares, debentures, subscription bonuses, their coupons, rights, subscription receipts and split certificates, securities deposit certificates, debenture notes, investment fund shares, promissory notes, and any other securities, as long as the issuers registered with the CVM and whose activities are permitted for real estate investment funds.

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