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Reinet Investments SCA (Reinet Investments SCA) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Reinet Investments SCA 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.

Reinet Investments SCA's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Reinet Investments SCA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Reinet Investments SCA Sloan Ratio % Historical Data

The historical data trend for Reinet Investments SCA'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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Reinet Investments SCA Sloan Ratio % Chart

Reinet Investments SCA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.94 -12.85 - 7.32 -1.36

Reinet Investments SCA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only - - - - -

Competitive Comparison of Reinet Investments SCA's Sloan Ratio %

For the Asset Management subindustry, Reinet Investments SCA'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.


Reinet Investments SCA's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reinet Investments SCA's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Reinet Investments SCA's Sloan Ratio % falls into.



Reinet Investments SCA 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.

Reinet Investments SCA's Sloan Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2023 )-Cash Flow from Operations (A: Mar. 2023 )
-Cash Flow from Investing (A: Mar. 2023 ))/Total Assets (A: Mar. 2023 )
=(-128.48-52.463
--97.43)/6125.268
=-1.36%

Reinet Investments SCA's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(246.42-0
-0)/0
=%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Reinet Investments SCA's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 298.715 (Mar. 2023 ) + -52.295 (Sep. 2023 ) = $246.4 Mil.
Reinet Investments SCA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Mar. 2023 ) + 0 (Sep. 2023 ) = $0.0 Mil.
Reinet Investments SCA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Mar. 2023 ) + 0 (Sep. 2023 ) = $0.0 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.


Reinet Investments SCA  (OTCPK:REVNF) 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 Sep. 2023, Reinet Investments SCA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Reinet Investments SCA Sloan Ratio % Related Terms

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Reinet Investments SCA (Reinet Investments SCA) Business Description

Address
35, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. It adopts a strategy to work with experienced partners to invest in unique opportunities focusing on value creation for investors. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.

Reinet Investments SCA (Reinet Investments SCA) Headlines

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