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KIP Real Estate Investment Trust (XKLS:5280) Sloan Ratio % : 9.38% (As of Sep. 2024)


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What is KIP Real Estate Investment Trust 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.

KIP Real Estate Investment Trust's Sloan Ratio for the quarter that ended in Sep. 2024 was 9.38%.

As of Sep. 2024, KIP Real Estate Investment Trust has a Sloan Ratio of 9.38%, indicating the company is in the safe zone and there is no funny business with accruals.


KIP Real Estate Investment Trust Sloan Ratio % Historical Data

The historical data trend for KIP Real Estate Investment Trust'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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KIP Real Estate Investment Trust Sloan Ratio % Chart

KIP Real Estate Investment Trust Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial 22.98 -1.51 2.97 9.12 9.26

KIP Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.98 4.84 9.43 9.26 9.38

Competitive Comparison of KIP Real Estate Investment Trust's Sloan Ratio %

For the REIT - Retail subindustry, KIP Real Estate Investment Trust'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.


KIP Real Estate Investment Trust's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KIP Real Estate Investment Trust's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where KIP Real Estate Investment Trust's Sloan Ratio % falls into.



KIP Real Estate Investment Trust 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.

KIP Real Estate Investment Trust's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(47.314-36.805
--94.657)/1135.948
=9.26%

KIP Real Estate Investment Trust's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(47.006-32.045
--93.95)/1160.759
=9.38%

KIP Real Estate Investment Trust's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 10.648 (Dec. 2023 ) + 10.23 (Mar. 2024 ) + 16.047 (Jun. 2024 ) + 10.081 (Sep. 2024 ) = RM47.0 Mil.
KIP Real Estate Investment Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -12.36 (Dec. 2023 ) + 44.819 (Mar. 2024 ) + -9.638 (Jun. 2024 ) + 9.224 (Sep. 2024 ) = RM32.0 Mil.
KIP Real Estate Investment Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -3.804 (Dec. 2023 ) + -85.525 (Mar. 2024 ) + -2.778 (Jun. 2024 ) + -1.843 (Sep. 2024 ) = RM-94.0 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.


KIP Real Estate Investment Trust  (XKLS:5280) 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. 2024, KIP Real Estate Investment Trust has a Sloan Ratio of 9.38%, indicating the company is in the safe zone and there is no funny business with accruals.


KIP Real Estate Investment Trust Sloan Ratio % Related Terms

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KIP Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Seri Utara 1, Unit B-6, Block B, Tingkat 6, Menara KIP, Sri Utara Off Jalan Ipoh, Kuala Lumpur, MYS, 68100
KIP Real Estate Investment Trust is a real estate investment trust. The company is engaged in the investment policy of investing, directly or indirectly in a portfolio of income-producing real estate used for retail purposes. The company's key objective is to provide unitholders with regular and stable distributions, sustainable long term Unit price and distributable income and capital growth while maintaining an appropriate capital structure. Some of its properties include AEON Mall Kinta City, KIPMall Kota Tinggi, and Other. The geographical segments of the company includes the Southern region, Northern Region, and Central region. The company generates maximum revenue from the Southern region segment.

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