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Corpfin Capital Prime Retail III (XMAD:PR3) Sloan Ratio % : 0.00% (As of Jun. 2023)


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What is Corpfin Capital Prime Retail III 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.

Corpfin Capital Prime Retail III's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

As of Jun. 2023, Corpfin Capital Prime Retail III has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Corpfin Capital Prime Retail III Sloan Ratio % Historical Data

The historical data trend for Corpfin Capital Prime Retail III'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.

Corpfin Capital Prime Retail III Sloan Ratio % Chart

Corpfin Capital Prime Retail III Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only -6.92 -18.98 - -2.68 -

Corpfin Capital Prime Retail III Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - - -

Competitive Comparison of Corpfin Capital Prime Retail III's Sloan Ratio %

For the REIT - Diversified subindustry, Corpfin Capital Prime Retail III'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.


Corpfin Capital Prime Retail III's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Corpfin Capital Prime Retail III's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Corpfin Capital Prime Retail III's Sloan Ratio % falls into.



Corpfin Capital Prime Retail III 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.

Corpfin Capital Prime Retail III'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 )
=(1.087-0.401
-0)/7.748
=8.85%

Corpfin Capital Prime Retail III's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(0.164-0.097
-3.223)/4.428
=-71.27%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Corpfin Capital Prime Retail III's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 0.343 (Dec. 2022 ) + -0.179 (Jun. 2023 ) = €0.16 Mil.
Corpfin Capital Prime Retail III's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was 0.142 (Dec. 2022 ) + -0.045 (Jun. 2023 ) = €0.10 Mil.
Corpfin Capital Prime Retail III's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Dec. 2022 ) + 3.223 (Jun. 2023 ) = €3.22 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.


Corpfin Capital Prime Retail III  (XMAD:PR3) 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 Jun. 2023, Corpfin Capital Prime Retail III has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Corpfin Capital Prime Retail III Sloan Ratio % Related Terms

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Corpfin Capital Prime Retail III (XMAD:PR3) Business Description

Traded in Other Exchanges
N/A
Address
Serrano 57, 5th Floor, Madrid, ESP, 28006
Corpfin Capital Prime Retail III SA is a real estate investment trust. The company's main activity is the acquisition and promotion of prime retail assets in the main cities of Spain for its future development, lease and divestment.

Corpfin Capital Prime Retail III (XMAD:PR3) Headlines

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