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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Sloan Ratio % : 0.65% (As of Mar. 2024)


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What is Lightstone Value Plus REIT IV 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.

Lightstone Value Plus REIT IV's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.65%.

As of Mar. 2024, Lightstone Value Plus REIT IV has a Sloan Ratio of 0.65%, indicating the company is in the safe zone and there is no funny business with accruals.


Lightstone Value Plus REIT IV Sloan Ratio % Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV Sloan Ratio % Chart

Lightstone Value Plus REIT IV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
-17.08 24.37 32.82 3.13

Lightstone Value Plus REIT IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.87 20.52 12.89 3.13 0.65

Competitive Comparison of Lightstone Value Plus REIT IV's Sloan Ratio %

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.


Lightstone Value Plus REIT IV's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's Sloan Ratio % falls into.



Lightstone Value Plus REIT IV 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.

Lightstone Value Plus REIT IV'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 )
=(-11.04--4.757
--10.836)/145.472
=3.13%

Lightstone Value Plus REIT IV's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-12.01--9.566
--3.363)/141.894
=0.65%

Lightstone Value Plus REIT IV's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -3.054 (Jun. 2023 ) + -2.73 (Sep. 2023 ) + -2.399 (Dec. 2023 ) + -3.827 (Mar. 2024 ) = $-12.01 Mil.
Lightstone Value Plus REIT IV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -3.895 (Jun. 2023 ) + -2.676 (Sep. 2023 ) + -0.837 (Dec. 2023 ) + -2.158 (Mar. 2024 ) = $-9.57 Mil.
Lightstone Value Plus REIT IV's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -3.497 (Jun. 2023 ) + 1.47 (Sep. 2023 ) + -0.985 (Dec. 2023 ) + -0.351 (Mar. 2024 ) = $-3.36 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.


Lightstone Value Plus REIT IV  (OTCPK:LTSV) 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 Mar. 2024, Lightstone Value Plus REIT IV has a Sloan Ratio of 0.65%, indicating the company is in the safe zone and there is no funny business with accruals.


Lightstone Value Plus REIT IV Sloan Ratio % Related Terms

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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

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