Silvercrest Asset Management Group (Silvercrest Asset Management Group) Sloan Ratio % : -4.01% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Silvercrest Asset Management Group 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.

Silvercrest Asset Management Group's Sloan Ratio for the quarter that ended in Dec. 2023 was -4.01%.

As of Dec. 2023, Silvercrest Asset Management Group has a Sloan Ratio of -4.01%, indicating the company is in the safe zone and there is no funny business with accruals.

Silvercrest Asset Management Group Sloan Ratio % Historical Data

The historical data trend for Silvercrest Asset Management Group'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.

Silvercrest Asset Management Group Sloan Ratio % Chart

Silvercrest Asset Management Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Sloan Ratio %

Get a 7-Day Free Trial

13.65

-7.61

-12.51

-1.69

-4.01

Silvercrest Asset Management Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Sloan Ratio %	Get a 7-Day Free Trial															-1.69	-2.78	-2.72	-3.52	-4.01

Competitive Comparison of Silvercrest Asset Management Group's Sloan Ratio %

For the Asset Management subindustry, Silvercrest Asset Management Group'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.

Silvercrest Asset Management Group's Sloan Ratio % Distribution in the Asset Management Industry

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

* The bar in red indicates where Silvercrest Asset Management Group's Sloan Ratio % falls into.

Silvercrest Asset Management Group 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.

Silvercrest Asset Management Group'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 )
	=	(9.094	-	20.975
	-	-3.878)	/	199.574
	=	-4.01%

Silvercrest Asset Management Group's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Dec. 2023 )
	=	(9.094	-	20.975
	-	-3.878)	/	199.574
	=	-4.01%

Silvercrest Asset Management Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 3.204 (Mar. 2023 ) + 3.085 (Jun. 2023 ) + 3.216 (Sep. 2023 ) + -0.411 (Dec. 2023 ) = $9.1 Mil.
Silvercrest Asset Management Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -25.52 (Mar. 2023 ) + 15.63 (Jun. 2023 ) + 16.138 (Sep. 2023 ) + 14.727 (Dec. 2023 ) = $21.0 Mil.
Silvercrest Asset Management Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -1.063 (Mar. 2023 ) + -1.582 (Jun. 2023 ) + -0.71 (Sep. 2023 ) + -0.523 (Dec. 2023 ) = $-3.9 Mil.

Silvercrest Asset Management Group (NAS:SAMG) 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. 2023, Silvercrest Asset Management Group has a Sloan Ratio of -4.01%, indicating the company is in the safe zone and there is no funny business with accruals.

Silvercrest Asset Management Group Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Silvercrest Asset Management Group's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Silvercrest Asset Management Group (Silvercrest Asset Management Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Silvercrest Asset Management Group Inc (NAS:SAMG) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1330 Avenue of the Americas, 38th Floor, New York, NY, USA, 10019

Website

https://www.silvercrestgroup.com

Silvercrest Asset Management Group Inc is a wealth management firm focused on providing financial advisory and related family office services to ultra-high net-worth individuals and institutional investors. It advises clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. It also provides clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. The company derives revenues principally from assets under management.

Executives

Darla Romfo	director	C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Brian D Dunn	director	SILVERCREST ASSET MANAGEMENT GROUP LLC, 1330 AVE. OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Richard Jonathan Burns	director	SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Conrad Winthrop B Jr	director	1120 FIFTH AVENUE APT 12B, NEW YORK NY 10128
Scott A Gerard	officer: Chief Financial Officer	C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
David J Campbell	officer: General Counsel and Secretary	40 HAMILTON ROAD, GLEN RIDGE NJ 07028
Hough Richard R Iii	director, officer: Chairman and CEO	327 BRANCH AVENUE, LITTLE SILVER NJ 07739
John Allen Gray	officer: Managing Director	SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Al Messina	director	C/O SILVERCREST ASSET MANAGEMENT INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Marital Trust Under Article 7th Of The Will Of G. Moffett Cochran	10 percent owner	SILVERCREST, 1330 AVENUE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Cochran H C Stuart	10 percent owner	120 CHURCH STREET, STAUNTON VA 24401
Nonmarital Trust Under Article 8th Of The Will Of G. Moffett Cochran	other: Member of Section 13(d) group	SILVERCREST, 1330 AVE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Hamilton E James	10 percent owner	JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leo Price Blackford	10 percent owner	C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Richard Scott Pechter	director	1266 BELLAIRE LANE, ATLANTA GA 30319-5251