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.
As of Mar. 2024, Alpineome Property Trust has a Sloan Ratio of 8.11%, indicating the company is in the safe zone and there is no funny business with accruals.
Alpineome Property Trust Sloan Ratio % Historical Data
* 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.
Competitive Comparison of Alpineome Property Trust's Sloan Ratio %
For the REIT - Retail subindustry, Alpineome Property 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.
Alpineome Property Trust's Sloan Ratio % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Alpineome Property Trust's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Alpineome Property Trust's Sloan Ratio % falls into.
Alpineome Property 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.
Alpineome Property Trust's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Alpineome Property Trust's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 0.08 (Jun. 2023 ) + -0.837 (Sep. 2023 ) + 0.335 (Dec. 2023 ) + -0.26 (Mar. 2024 ) = $-0.68 Mil.
Alpineome Property Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 8.299 (Jun. 2023 ) + 5.068 (Sep. 2023 ) + 6.9 (Dec. 2023 ) + 6.76 (Mar. 2024 ) = $27.03 Mil.
Alpineome Property Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -39.247 (Jun. 2023 ) + -6.449 (Sep. 2023 ) + -23.235 (Dec. 2023 ) + -4.105 (Mar. 2024 ) = $-73.04 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.
Alpineome Property Trust (NYSE:PINE) 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.
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, Alpineome Property Trust has a Sloan Ratio of 8.11%, indicating the company is in the safe zone and there is no funny business with accruals.
Alpineome Property Trust Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Alpineome Property Trust's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alpineome Property Trust (Alpineome Property Trust) Business Description
Alpine Income Property Trust Inc is a real estate company. It owns and operates a portfolio of single-tenant commercial properties. The company's portfolio is comprised of single-tenant retail and office properties located in or in close proximity to MSAs, growth markets and other markets in the United States. The majority of the firm's revenue includes rental revenue derived from the ownership and leasing of property.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PINE has been successfully added to your 