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Inversiones Unespa (XSGO:UNESPA) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is Inversiones Unespa 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.

Inversiones Unespa's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

As of Mar. 2024, Inversiones Unespa has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Inversiones Unespa Sloan Ratio % Historical Data

The historical data trend for Inversiones Unespa'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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Inversiones Unespa Sloan Ratio % Chart

Inversiones Unespa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 - - - -

Inversiones Unespa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Inversiones Unespa's Sloan Ratio %

For the Real Estate Services subindustry, Inversiones Unespa'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.


Inversiones Unespa's Sloan Ratio % Distribution in the Real Estate Industry

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

* The bar in red indicates where Inversiones Unespa's Sloan Ratio % falls into.



Inversiones Unespa 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.

Inversiones Unespa'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 )
=(737.847-7.136
-0)/9679.887
=7.55%

Inversiones Unespa's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(714.654--0.849
-0)/9979.755
=7.17%

Inversiones Unespa's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 374.245 (Jun. 2023 ) + 2.515 (Sep. 2023 ) + 310.454 (Dec. 2023 ) + 27.44 (Mar. 2024 ) = CLP714.7 Mil.
Inversiones Unespa's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -40.142 (Jun. 2023 ) + -136.576 (Sep. 2023 ) + 112.03 (Dec. 2023 ) + 63.839 (Mar. 2024 ) = CLP-0.8 Mil.
Inversiones Unespa's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = CLP0.0 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.


Inversiones Unespa  (XSGO:UNESPA) 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 Mar. 2024, Inversiones Unespa has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Inversiones Unespa Sloan Ratio % Related Terms

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Inversiones Unespa (XSGO:UNESPA) Business Description

Traded in Other Exchanges
N/A
Address
Matias Cousino 150 of 201, Santiago, CHL
Website
Inversiones Unespa SA is engaged in investment activities of all types of movable and immovable, tangible and intangible property, mainly in shares, rights in societies and values of any kind.

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