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Appreciate Holdings (Appreciate Holdings) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Appreciate Holdings 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.

Appreciate Holdings's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Appreciate Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Appreciate Holdings Sloan Ratio % Historical Data

The historical data trend for Appreciate Holdings'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.

Appreciate Holdings Sloan Ratio % Chart

Appreciate Holdings Annual Data
Trend Dec20 Dec21
Sloan Ratio %
- 5.16

Appreciate Holdings Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Appreciate Holdings's Sloan Ratio %

For the Real Estate Services subindustry, Appreciate Holdings'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.


Appreciate Holdings's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Appreciate Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Appreciate Holdings's Sloan Ratio % falls into.



Appreciate Holdings 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.

Appreciate Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(11.028--0.919
-0.032)/231.1
=5.16%

Appreciate Holdings's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(-1.712--1.526
-0.367)/231.212
=-0.24%

Appreciate Holdings's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was 2.904 (Dec. 2021 ) + 3.773 (Mar. 2022 ) + -7.559 (Jun. 2022 ) + -0.83 (Sep. 2022 ) = $-1.71 Mil.
Appreciate Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.201 (Dec. 2021 ) + -0.436 (Mar. 2022 ) + -0.557 (Jun. 2022 ) + -0.332 (Sep. 2022 ) = $-1.53 Mil.
Appreciate Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0.008 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0.278 (Jun. 2022 ) + 0.081 (Sep. 2022 ) = $0.37 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.


Appreciate Holdings  (OTCPK:SFRT) 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. 2022, Appreciate Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Appreciate Holdings (Appreciate Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6101 Baker Rd, Suite 200, Minnetonka, MN, USA, MN 55345
Appreciate Holdings Inc through its operating company Renters Warehouse offers an end-to-end Single Family Rental marketplace and management platform. The company offers a full-service platform for investing in and owning SFR properties, including a proprietary online marketplace and full-service brokerage teams.
Executives
Laurie A. Hawkes director 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254
Lake Street Landlords, Llc 10 percent owner 315 LAKE STREET E., SUITE 301, WAYZATA MN 55391
Nolan Jacobson officer: Chief Financial Officer 19880 ANDOVER PLACE, EXCELSIOR MN 55331
Todd Jable officer: Chief Technology Officer & COO 996 NORTH ARM DRIVE, ORONO MN 55364
Christopher Laurence director, officer: Chief Executive Officer 1233 SNOW BERRY STREET, PARK CITY UT 84098
Kevin Ortner officer: President 7008 SANDY HOOK CIRCLE, CHANHASSEN MN 55317
Marcy Haymaker director C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
William John Bush director 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Douglas Bergeron director 111 W. OCEAN BOULEVARD, LONG BEACH CA 90802
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Robinson Courtney A director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Thomas D Hennessy director, 10 percent owner, officer: Co-CEO and President 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Hc Proptech Partners Ii Llc 10 percent owner 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Gloria Fu director 3485 N. PINES WAY, SUITE 110, WILSON WY 83014