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Essential Properties Realty Trust (Essential Properties Realty Trust) Sloan Ratio % : 16.64% (As of Dec. 2023)


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What is Essential Properties Realty 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.

Essential Properties Realty Trust's Sloan Ratio for the quarter that ended in Dec. 2023 was 16.64%.

As of Dec. 2023, Essential Properties Realty Trust has a Sloan Ratio of 16.64%, indicating there is a warning stage of accrual build up.


Essential Properties Realty Trust Sloan Ratio % Historical Data

The historical data trend for Essential Properties Realty 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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Essential Properties Realty Trust Sloan Ratio % Chart

Essential Properties Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial 28.40 19.62 22.98 15.73 16.64

Essential Properties Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.73 14.11 16.43 16.60 16.64

Competitive Comparison of Essential Properties Realty Trust's Sloan Ratio %

For the REIT - Diversified subindustry, Essential Properties Realty 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.


Essential Properties Realty Trust's Sloan Ratio % Distribution in the REITs Industry

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

* The bar in red indicates where Essential Properties Realty Trust's Sloan Ratio % falls into.



Essential Properties Realty 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.

Essential Properties Realty 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 )
=(190.707-254.574
--857.125)/4768.261
=16.64%

Essential Properties Realty 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 )
=(190.707-254.574
--857.125)/4768.261
=16.64%

Essential Properties Realty Trust's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 42.896 (Mar. 2023 ) + 52.802 (Jun. 2023 ) + 45.914 (Sep. 2023 ) + 49.095 (Dec. 2023 ) = $190.7 Mil.
Essential Properties Realty Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 53.686 (Mar. 2023 ) + 65.4 (Jun. 2023 ) + 62.896 (Sep. 2023 ) + 72.592 (Dec. 2023 ) = $254.6 Mil.
Essential Properties Realty Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -159.197 (Mar. 2023 ) + -229.629 (Jun. 2023 ) + -181.391 (Sep. 2023 ) + -286.908 (Dec. 2023 ) = $-857.1 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.


Essential Properties Realty Trust  (NYSE:EPRT) 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, Essential Properties Realty Trust has a Sloan Ratio of 16.64%, indicating there is a warning stage of accrual build up.


Essential Properties Realty Trust Sloan Ratio % Related Terms

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Essential Properties Realty Trust (Essential Properties Realty Trust) Business Description

Traded in Other Exchanges
Address
902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540
Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.
Executives
Peter M. Mavoides director, officer: President and CEO 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Mark E Patten officer: Executive VP and CFO PO BOX 10809, DAYTONA BEACH FL 32120
Timothy J Earnshaw officer: SVP & Chief Accounting Officer 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Gregg A Seibert officer: Executive VP and COO 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Lawrence J Minich director 5760 N. CALLE DE LOS CAMARONES, TUSCON AZ 85718
Stephen D Sautel director C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Anthony K. Dobkin director 195 BOWERY, 6TH FLOOR, NEW YORK NY 10002
Heather Leed Neary director 973 BUCKWALTER ROAD, LITITZ PA 17543
Paul T Bossidy director 3135 EASTON TURNPIKE, FAIRFIELD CT 06828
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Eldridge Industries, Llc 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Todd L Boehly 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Eprt Holdings, Llc 10 percent owner 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Daniel P Donlan officer: Senior VP - Capital Markets 2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201