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Sprout Tiny Homes (Sprout Tiny Homes) Sloan Ratio % : 0.00% (As of Mar. 2023)


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What is Sprout Tiny Homes 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.

Sprout Tiny Homes's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

As of Mar. 2023, Sprout Tiny Homes has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Sprout Tiny Homes Sloan Ratio % Historical Data

The historical data trend for Sprout Tiny Homes'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.

Sprout Tiny Homes Sloan Ratio % Chart

Sprout Tiny Homes Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -145.54 31.57 -44.24 -26.97 -21.31

Sprout Tiny Homes Quarterly Data
Dec06 Mar07 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 32.85 224.64 - - -

Competitive Comparison of Sprout Tiny Homes's Sloan Ratio %

For the Residential Construction subindustry, Sprout Tiny Homes'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.


Sprout Tiny Homes's Sloan Ratio % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sprout Tiny Homes's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Sprout Tiny Homes's Sloan Ratio % falls into.



Sprout Tiny Homes 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.

Sprout Tiny Homes's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-1.883--0.727
--0.626)/2.487
=-21.31%

Sprout Tiny Homes's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(-1.942--1.162
-0.469)/2.435
=-51.29%

Sprout Tiny Homes's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was 0.065 (Jun. 2022 ) + -0.604 (Sep. 2022 ) + -1.192 (Dec. 2022 ) + -0.211 (Mar. 2023 ) = $-1.94 Mil.
Sprout Tiny Homes's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -0.857 (Jun. 2022 ) + -0.077 (Sep. 2022 ) + -0.001 (Dec. 2022 ) + -0.227 (Mar. 2023 ) = $-1.16 Mil.
Sprout Tiny Homes's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was -0.003 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0.472 (Dec. 2022 ) + 0 (Mar. 2023 ) = $0.47 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.


Sprout Tiny Homes  (OTCPK:STHI) 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 Mar. 2023, Sprout Tiny Homes has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Sprout Tiny Homes Sloan Ratio % Related Terms

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Sprout Tiny Homes (Sprout Tiny Homes) Business Description

Traded in Other Exchanges
N/A
Address
822 Hays Circle, Longmont, CO, USA, 80504
Sprout Tiny Homes Inc is in the business of designing, developing, and manufacturing the highest quality affordable housing for individual purchases or tiny/eco-home real estate developments. The company is also engaged in developing its real estate development projects for sustainable living communities. It provides consulting and custom design services to customers that engage the company to build homes.
Executives
J2 Family Lp director, 10 percent owner, officer: CEO 1507 CAPITAL AVENUE 101, PLANO TX 75074
John Edward Rea director, 10 percent owner, officer: CEO
Jaavbr Lp director, 10 percent owner, officer: COO 1507 CAPITAL AVENUE 101, PLANO TX 75074
Bruce Arthur Hall officer: CFO 836 BLUE JAY LANE, COPPELL TX 75019
J Kenneth Dunn director 13760 NOEL ROAD, SUITE 800, DALLAS TX 75229
John N Brobjorg officer: Corporate Controller 1467 LEMAY, SUITE 111, CARROLLTON TX 75007
Rea Brothers Ltd 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Rea Capital Corp 10 percent owner PO BOX 770, ADDISON TX 75001-0770
Marketplace Crafters 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Michael A Jenkins director 1221 RIVERBEND DRIVE SUITE 120, DALLAS TX 75247
Paul S Johnson director 10254 CARRYBACK CIRCLE, DALLAS TX 75229
Edward P Rea director, 10 percent owner
James A Rea director, 10 percent owner, officer: COO 644 QUAIL LANE, COPPELL TX 75019
James A Estill 10 percent owner C/O SYNNEX CORPORATION, 44201 NOBEL DRIVE, FREMONT CA 94538
Kevin L Dahlberg officer: SVP-Finance 7031 INWOOD ROAD, DALLAS TX 75209