BVPIF (Redwood Monthlyome Fund) Sloan Ratio %: 0.00% (As of Dec. 2017)

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What is Redwood Monthlyome Fund Sloan Ratio %?

Redwood Monthlyome Fund BVPIF Sloan Ratio % is 0.00% as of Dec. 2017.

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.

Redwood Monthlyome Fund's Sloan Ratio for the quarter that ended in Dec. 2017 was 0.00%.

As of Dec. 2017, Redwood Monthlyome Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Redwood Monthlyome Fund  (OTCPK:BVPIF) 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. 2017, Redwood Monthlyome Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Redwood Monthlyome Fund Sloan Ratio % Related Terms


Redwood Monthlyome Fund Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Redwood Monthlyome 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.

Redwood Monthlyome Fund Sloan Ratio % Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BVPIF vs MDLY, GARS, ICMB: Sloan Ratio % Comparison

For the Asset Management subindustry, Redwood Monthlyome 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.


Redwood Monthlyome Fund Sloan Ratio % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Redwood Monthlyome Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Redwood Monthlyome Fund's Sloan Ratio % falls into.



Redwood Monthlyome 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.

Redwood Monthlyome Fund's Sloan Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2017 )-Cash Flow from Operations (A: Dec. 2017 )
-Cash Flow from Investing (A: Dec. 2017 ))/Total Assets (A: Dec. 2017 )
=(9.13-45.236
-0)/103.113
=-35.02%

Redwood Monthlyome Fund's Sloan Ratio for the quarter that ended in Dec. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2017 )
=(8.995-44.365
-0)/103.113
=-34.30%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Redwood Monthlyome Fund's Net Income for the trailing twelve months (TTM) ended in Dec. 2017 was 3.28 (Jun. 2017 ) + 5.715 (Dec. 2017 ) = $9.00 Mil.
Redwood Monthlyome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2017 was 21.124 (Jun. 2017 ) + 23.241 (Dec. 2017 ) = $44.37 Mil.
Redwood Monthlyome Fund's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2017 was 0 (Jun. 2017 ) + 0 (Dec. 2017 ) = $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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Redwood Monthlyome Fund (BVPIF) has a Sloan Ratio % of 0.00% as of Dec. 2017. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Redwood Monthlyome Fund and its competitors.
Is Redwood Monthlyome Fund's Sloan Ratio % too high?
Redwood Monthlyome Fund's current Sloan Ratio % is 0.00%.
How does Redwood Monthlyome Fund's Sloan Ratio % compare to MDLY and GARS?
Redwood Monthlyome Fund's Sloan Ratio % of 0.00% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Asset Management company?
A good Sloan Ratio % depends on the Asset Management industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Redwood Monthlyome Fund and its competitors. Redwood Monthlyome Fund's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (BVPIF) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Redwood Monthlyome Fund (BVPIF), the current Sloan Ratio % is 0.00% as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Redwood Monthlyome Fund Business Description

Address 130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.