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Blackrock Durationome Trust (Blackrock Durationome Trust) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Blackrock Durationome 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.

Blackrock Durationome Trust's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, Blackrock Durationome Trust has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Blackrock Durationome Trust Sloan Ratio % Historical Data

The historical data trend for Blackrock Durationome 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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Blackrock Durationome Trust Sloan Ratio % Chart

Blackrock Durationome Trust Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
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Blackrock Durationome Trust Semi-Annual Data
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Competitive Comparison of Blackrock Durationome Trust's Sloan Ratio %

For the Asset Management subindustry, Blackrock Durationome 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.


Blackrock Durationome Trust's Sloan Ratio % Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Durationome Trust's Sloan Ratio % falls into.



Blackrock Durationome 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.

Blackrock Durationome Trust'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 )
=(64.272-38.703
-0)/819.19
=3.12%

Blackrock Durationome Trust'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 )
=(64.272-38.703
-0)/819.19
=3.12%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Blackrock Durationome Trust's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 25.609 (Jun. 2023 ) + 38.663 (Dec. 2023 ) = $64.27 Mil.
Blackrock Durationome Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 56.232 (Jun. 2023 ) + -17.529 (Dec. 2023 ) = $38.70 Mil.
Blackrock Durationome Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = $0.00 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.


Blackrock Durationome Trust  (NYSE:BLW) 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, Blackrock Durationome Trust has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Blackrock Durationome Trust Sloan Ratio % Related Terms

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Blackrock Durationome Trust (Blackrock Durationome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Ltd Duration Income Trust is a diversified investment fund with an investment objective to provide current income and capital appreciation. The Fund's portfolio normally has an average portfolio duration of less than five years.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Karen P Robards director 800 SCUDDERS MILL RD, PLAINSBORO NJ 08536

Blackrock Durationome Trust (Blackrock Durationome Trust) Headlines

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