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UCASU (UC Asset LP) Sloan Ratio % : 7.53% (As of Sep. 2021)


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What is UC Asset LP 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.

UC Asset LP's Sloan Ratio for the quarter that ended in Sep. 2021 was 7.53%.

As of Sep. 2021, UC Asset LP has a Sloan Ratio of 7.53%, indicating the company is in the safe zone and there is no funny business with accruals.


UC Asset LP Sloan Ratio % Historical Data

The historical data trend for UC Asset LP'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.

UC Asset LP Sloan Ratio % Chart

UC Asset LP Annual Data
Trend Dec18 Dec19 Dec20
Sloan Ratio %
9.46 4.79 -16.10

UC Asset LP Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -16.01 -10.92 -13.08 7.53

Competitive Comparison of UC Asset LP's Sloan Ratio %

For the Real Estate - Development subindustry, UC Asset LP'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.


UC Asset LP's Sloan Ratio % Distribution in the Real Estate Industry

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

* The bar in red indicates where UC Asset LP's Sloan Ratio % falls into.



UC Asset LP 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.

UC Asset LP's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(0.014--0.361
-1.821)/8.98
=-16.10%

UC Asset LP's Sloan Ratio for the quarter that ended in Sep. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2021 )
=(0.978--0.042
-0.369)/8.642
=7.53%

UC Asset LP's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was 1.803 (Dec. 2020 ) + -0.17 (Mar. 2021 ) + -0.087 (Jun. 2021 ) + -0.568 (Sep. 2021 ) = $0.98 Mil.
UC Asset LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was 0.307 (Dec. 2020 ) + -0.092 (Mar. 2021 ) + -0.079 (Jun. 2021 ) + -0.178 (Sep. 2021 ) = $-0.04 Mil.
UC Asset LP's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was 1.013 (Dec. 2020 ) + 0.011 (Mar. 2021 ) + 1.062 (Jun. 2021 ) + -1.717 (Sep. 2021 ) = $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.


UC Asset LP  (OTCPK:UCASU) 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. 2021, UC Asset LP has a Sloan Ratio of 7.53%, indicating the company is in the safe zone and there is no funny business with accruals.


UC Asset LP Sloan Ratio % Related Terms

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UC Asset LP Business Description

Traded in Other Exchanges
N/A
Address
537 Peachtree Street North East, Atlanta, GA, USA, 30308
UC Asset LP is a Georgia-based real estate developer. It is engaged in the redevelopment and development of real estate properties.
Executives
Xianghong Wu other: Majority Owner of GP 2299 PERIMETER DR STE 120 ATLANTA GA 30341