ICMB (Investcorp Credit Management BDC) Sloan Ratio % : 0.00% (As of Dec. 2024)

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What is Investcorp Credit Management BDC 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.

Investcorp Credit Management BDC's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.00%.

As of Dec. 2024, Investcorp Credit Management BDC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Investcorp Credit Management BDC Sloan Ratio % Historical Data

The historical data trend for Investcorp Credit Management BDC'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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Investcorp Credit Management BDC Sloan Ratio % Chart

Investcorp Credit Management BDC Annual Data

Trend

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Sloan Ratio %

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Investcorp Credit Management BDC Quarterly Data
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Competitive Comparison of Investcorp Credit Management BDC's Sloan Ratio %

For the Asset Management subindustry, Investcorp Credit Management BDC'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.

Investcorp Credit Management BDC's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investcorp Credit Management BDC's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Investcorp Credit Management BDC's Sloan Ratio % falls into.

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Investcorp Credit Management BDC 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.

Investcorp Credit Management BDC's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio	=	(Net Income (A: Jun. 2024 )	-	Cash Flow from Operations (A: Jun. 2024 )
	-	Cash Flow from Investing (A: Jun. 2024 ))	/	Total Assets (A: Jun. 2024 )
	=	(-4.092	-	37.057
	-	0)	/	192.238
	=	-21.41%

Investcorp Credit Management BDC'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 )
	=	(6.502	-	18.142
	-	0)	/	206.852
	=	-5.63%

Investcorp Credit Management BDC's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 2.412 (Mar. 2024 ) + -1.952 (Jun. 2024 ) + 6.607 (Sep. 2024 ) + -0.565 (Dec. 2024 ) = $6.50 Mil.
Investcorp Credit Management BDC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 13.887 (Mar. 2024 ) + 11.017 (Jun. 2024 ) + 0.482 (Sep. 2024 ) + -7.244 (Dec. 2024 ) = $18.14 Mil.
Investcorp Credit Management BDC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) + 0 (Dec. 2024 ) = $0.00 Mil.

Investcorp Credit Management BDC (NAS:ICMB) 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, Investcorp Credit Management BDC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Investcorp Credit Management BDC Sloan Ratio % Related Terms

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Investcorp Credit Management BDC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Investcorp Credit Management BDC Inc (NAS:ICMB) » Definitions » Sloan Ratio %

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Traded in Other Exchanges

N/A

Address

280 Park Avenue, 39th Floor, New York, NY, USA, 10017

Website

https://www.icmbdc.com

Investcorp Credit Management BDC Inc is an externally managed, non-diversified closed-end management investment firm that has elected to be regulated as a business development company (BDC). Its investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies. The company principally invests in the debt of middle-market companies, which it defines as those companies that have an enterprise value.

Executives

Suhail A. Shaikh	officer: President	C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Rocco Delguercio	officer: CFO, CCO & Treasurer	CREDIT SUISSE ASSET MANAGEMENT LLC, ONE MADISON AVENUE, NEW YORK NY 10010
Investcorp Bdc Holdings Ltd	10 percent owner	CENTURY YARD, CRICKET SQUARE, ELGIN AVENUE, GEORGE TOWN E9 GRAND CAYM
Cyrus Capital Partners Gp, Llc	10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Lee Michael Shaiman	director	C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017
Keith Lee	director	399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Michael Mauer	director, officer: Chief Executive Officer	C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Thomas J Sullivan	director	C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
S.a. Investcorp	10 percent owner	CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Investcorp Credit Management Us Llc	10 percent owner	280 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10017
Sipco Holdings Ltd	10 percent owner	CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Gerald Cummins	officer: Chief Compliance Officer	C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Robert P Ryder	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564