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Invesco Seniorome Trust (NYSE:VVR) Sloan Ratio %

: 0.00% (As of Aug. 2022)
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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.

Invesco Seniorome Trust's Sloan Ratio for the quarter that ended in Aug. 2022 was 0.00%.

As of Aug. 2022, Invesco Seniorome Trust has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Invesco Seniorome Trust Sloan Ratio % Historical Data

The historical data trend for Invesco Seniorome 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.

Invesco Seniorome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22
Sloan Ratio %
- - - - -

Invesco Seniorome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
Sloan Ratio % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Asset Management subindustry, Invesco Seniorome 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.

   

Invesco Seniorome Trust Sloan Ratio % Distribution

For the Asset Management industry and Financial Services sector, Invesco Seniorome Trust's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Invesco Seniorome Trust's Sloan Ratio % falls in comparison to its industry or sector. The grey bar indicates the Sloan Ratio %'s extreme value range as defined by GuruFocus.



Invesco Seniorome 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.

Invesco Seniorome Trust's Sloan Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2022 )-Cash Flow from Operations (A: Feb. 2022 )
-Cash Flow from Investing (A: Feb. 2022 ))/Total Assets (A: Feb. 2022 )
=(49.376--15.417
-0)/1251.712
=5.18%

Invesco Seniorome Trust's Sloan Ratio for the quarter that ended in Aug. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2022 )
=(-12.954--55.739
-0)/1092.067
=3.92%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Invesco Seniorome Trust's Net Income for the trailing twelve months (TTM) ended in Aug. 2022 was 11.133 (Feb. 2022 ) + -24.087 (Aug. 2022 ) = $-12.95 Mil.
Invesco Seniorome Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2022 was -42.626 (Feb. 2022 ) + -13.113 (Aug. 2022 ) = $-55.74 Mil.
Invesco Seniorome Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2022 was 0 (Feb. 2022 ) + 0 (Aug. 2022 ) = $0.00 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.


Invesco Seniorome Trust  (NYSE:VVR) 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 Aug. 2022, Invesco Seniorome Trust has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Invesco Seniorome Trust Sloan Ratio % Related Terms

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Invesco Seniorome Trust (NYSE:VVR) Business Description

Invesco Seniorome Trust logo
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Senior Income Trust is a diversified, closed-end management investment company. The investment objective of the company is to provide a high level of current income, consistent with the preservation of capital. The company invests primarily in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographic regions. It invests in various sectors such as business equipment and services, telecommunications, cable and satellite television, healthcare, chemicals and plastics, utilities, lodging and casinos, and others.
Executives
Vacheron Terry officer: Chief Financial Officer 1555 PEACHTREE ST. NE SUITE 1800 ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS 100 FEDERAL STREET BOSTON MA 02110
Reina Antonio officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Levit Josh E officer: Chief Compliance Officer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Deberghes Adrien officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Waldron Haley S officer: Chief Accounting Officer 1555 PEACHTREE STREET NE SUITE 1800 ATLANTA GA 30309
Dukes Laura Allison officer: SMD and CFO 780 JOHNSON FERRY ROAD SUITE 800 ATLANTA GA 30342
Mcaleer Tara officer: Chief Compliance Officer 1555 PEACHTREE STREET NE ATLANTA GA 30309
Starr Loren M director
Swanson Stephen William officer: Secretary and General Counsel 1555 PEACHTREE STREET NE ATLANTA GA 30309
Lege Annette director, officer: CFO & CAO 1555 PEACHTREE ST. NE SUITE 1800 ATLANTA GA 30309
Carome Kevin M director
Drobny Robert Phillip officer: Vice President 1555 PEACHTREE STREET NE ATLANTA GA 30309
Gregson Mark William officer: Controller & Treasurer 1555 PEACHTREE STREET NE ATLANTA GA 30309
Kuehl Todd F officer: Chief Compliance officer 1555 PEACHTREE STREET NE ATLANTA GA 30309
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