Medical Properties Trust (Medical Properties Trust) Sloan Ratio % : -8.63% (As of Dec. 2023)

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What is Medical Properties 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.

Medical Properties Trust's Sloan Ratio for the quarter that ended in Dec. 2023 was -8.63%.

As of Dec. 2023, Medical Properties Trust has a Sloan Ratio of -8.63%, indicating the company is in the safe zone and there is no funny business with accruals.

Medical Properties Trust Sloan Ratio % Historical Data

The historical data trend for Medical Properties 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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Medical Properties Trust Sloan Ratio % Chart

Medical Properties Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Sloan Ratio %

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32.93

16.40

18.04

-1.18

-8.63

Medical Properties 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															-1.18	0.38	-4.20	-2.47	-8.63

Competitive Comparison of Medical Properties Trust's Sloan Ratio %

For the REIT - Healthcare Facilities subindustry, Medical Properties 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.

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

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

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

Medical Properties 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.

Medical Properties 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 )
	=	(-556.476	-	505.786
	-	517.558)	/	18304.844
	=	-8.63%

Medical Properties 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 )
	=	(-556.476	-	505.786
	-	517.558)	/	18304.844
	=	-8.63%

Medical Properties Trust's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 32.794 (Mar. 2023 ) + -42.037 (Jun. 2023 ) + 116.71 (Sep. 2023 ) + -663.943 (Dec. 2023 ) = $-556.5 Mil.
Medical Properties Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 135.648 (Mar. 2023 ) + 76.529 (Jun. 2023 ) + 158.191 (Sep. 2023 ) + 135.418 (Dec. 2023 ) = $505.8 Mil.
Medical Properties Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 17.178 (Mar. 2023 ) + 391.821 (Jun. 2023 ) + -61.658 (Sep. 2023 ) + 170.217 (Dec. 2023 ) = $517.6 Mil.

Medical Properties Trust (NYSE:MPW) 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, Medical Properties Trust has a Sloan Ratio of -8.63%, indicating the company is in the safe zone and there is no funny business with accruals.

Medical Properties Trust Sloan Ratio % Related Terms

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Medical Properties Trust (Medical Properties Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Medical Properties Trust Inc (NYSE:MPW) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

MPW:Mexico M3P:Germany M3P:Germany M2PW34:Brazil

Address

1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242

Website

https://www.medicalpropertiestrust.com

Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.

Executives

Aldag Edward K Jr	director, officer: Chairman, President & CEO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
R Steven Hamner	director, officer: Executive Vice President & CFO
Larry H Portal	officer: SVP, Senior Advisor to the CEO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Rosa Handley Hooper	officer: SVP of Operations & Asst. Sec.	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
James Kevin Hanna	officer: Senior VP, Controller & CAO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Michael G Stewart	officer: Exec. VP, Gen Counsel, Sec	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Emily Webster Murphy	director	601 N FAIRFAX ST, ALEXANDRIA VA 22314
Emmett E Mclean	officer: EVP, Secretary, and COO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Caterina Ardon Mozingo	director	PO BOX 33, MONTGOMERY AL 36101-0033
G Steven Dawson	director	CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Elizabeth N Pitman	director	1901 SIXTH AVE NORTH, SUITE 1400, BIRMINGHAM AL 35203
William G Mckenzie	director, officer: Vice Chairman of the Board	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Thompson C Reynolds Iii	director	227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Sherry A Kellett	director
Daniel Paul Sparks	director	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242