GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Seven Hills Realty Trust (NAS:SEVN) » Definitions » Sloan Ratio %

Seven Hills Realty Trust (Seven Hills Realty Trust) Sloan Ratio %

: -4.15% (As of Dec. 2023)
View and export this data going back to 1992. Start your Free Trial

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.

Seven Hills Realty Trust's Sloan Ratio for the quarter that ended in Dec. 2023 was -4.15%.

As of Dec. 2023, Seven Hills Realty Trust has a Sloan Ratio of -4.15%, indicating the company is in the safe zone and there is no funny business with accruals.


Seven Hills Realty Trust Sloan Ratio % Historical Data

The historical data trend for Seven Hills 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.

* Premium members only.

Seven Hills Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 51.29 13.22 -4.15

Seven Hills Realty Trust Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only 13.22 -0.41 -3.91 -1.11 -4.15

Competitive Comparison

For the REIT - Mortgage subindustry, Seven Hills 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.


Seven Hills Realty Trust Sloan Ratio % Distribution

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

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



Seven Hills 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.

Seven Hills 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 )
=(25.746-20.27
-35.844)/731.525
=-4.15%

Seven Hills 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 )
=(25.746-20.27
-35.844)/731.525
=-4.15%

Seven Hills Realty Trust's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 7.803 (Mar. 2023 ) + 4.644 (Jun. 2023 ) + 7.473 (Sep. 2023 ) + 5.826 (Dec. 2023 ) = $25.75 Mil.
Seven Hills Realty Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 6.577 (Mar. 2023 ) + 5.029 (Jun. 2023 ) + 3.338 (Sep. 2023 ) + 5.326 (Dec. 2023 ) = $20.27 Mil.
Seven Hills Realty Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 50.267 (Mar. 2023 ) + -21.09 (Jun. 2023 ) + -39.879 (Sep. 2023 ) + 46.546 (Dec. 2023 ) = $35.84 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.


Seven Hills Realty Trust  (NAS:SEVN) 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, Seven Hills Realty Trust has a Sloan Ratio of -4.15%, indicating the company is in the safe zone and there is no funny business with accruals.


Seven Hills Realty Trust Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Seven Hills Realty Trust's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Seven Hills Realty Trust (Seven Hills Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
255 Washington Street, Two Newton Place, Suite 300, Newton, MA, USA, 02458
Seven Hills Realty Trust, formerly RMR Mortgage Trust is a real estate investment trust. The company is engaged in the business of originating and investing in first mortgage whole loans secured by the middle market and transitional commercial real estate. Its non-fundamental primary objective is to balance capital preservation by generating risk-adjusted returns.
Executives
Barbara D Gilmore director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Tiffany R Sy officer: CFO and Treasurer TWO NEWTON PLACE, 225 WASHINGTON STREET SUITE 300, NEWTON MA 02458
Thomas J. Lorenzini officer: President TREMONT MORTGAGE TRUST, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Adam D. Portnoy director, 10 percent owner, officer: President of Fund, other: Dir.,Pres.,Owner of Advisor C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Tremont Realty Capital Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Rmr Group Inc. 10 percent owner TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Rmr Group Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Abp Trust 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Phyllis M. Hollis director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Matthew P. Jordan director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Joseph Morea director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
William A. Lamkin director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Gerald Douglas Lanois officer: CFO and Treasurer C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Brian E. Donley officer: CFO, Treasurer and Asst. Sect. C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Barry M. Portnoy director, 10 percent owner, other: Director,VP & Owner of Advisor C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458