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CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is CPN Retail Growth Leasehold REIT 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.

CPN Retail Growth Leasehold REIT's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

As of Mar. 2024, CPN Retail Growth Leasehold REIT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CPN Retail Growth Leasehold REIT Sloan Ratio % Historical Data

The historical data trend for CPN Retail Growth Leasehold REIT'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.

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CPN Retail Growth Leasehold REIT Sloan Ratio % Chart

CPN Retail Growth Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
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CPN Retail Growth Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of CPN Retail Growth Leasehold REIT's Sloan Ratio %

For the REIT - Diversified subindustry, CPN Retail Growth Leasehold REIT'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.


CPN Retail Growth Leasehold REIT's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CPN Retail Growth Leasehold REIT's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CPN Retail Growth Leasehold REIT's Sloan Ratio % falls into.



CPN Retail Growth Leasehold REIT 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.

CPN Retail Growth Leasehold REIT'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 )
=(3235.112-3557.107
-0)/81367.039
=-0.40%

CPN Retail Growth Leasehold REIT's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(3486.325-5912.553
-0)/79691.747
=-3.04%

CPN Retail Growth Leasehold REIT's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 757.225 (Jun. 2023 ) + 1271.308 (Sep. 2023 ) + 572.39 (Dec. 2023 ) + 885.402 (Mar. 2024 ) = ฿3,486 Mil.
CPN Retail Growth Leasehold REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 1194.269 (Jun. 2023 ) + 1871.3 (Sep. 2023 ) + -797.194 (Dec. 2023 ) + 3644.178 (Mar. 2024 ) = ฿5,913 Mil.
CPN Retail Growth Leasehold REIT's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = ฿0 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.


CPN Retail Growth Leasehold REIT  (BKK:CPNREIT) 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. 2024, CPN Retail Growth Leasehold REIT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CPN Retail Growth Leasehold REIT Sloan Ratio % Related Terms

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CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 999/9 Rama 1 Road, 31st Floor, The Offices at CentralWorld, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
CPN Retail Growth Leasehold REIT is a closed-end real estate investment trust. Its main business is investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company has invested in a few projects including shopping projects namely Central Rama 2, Central Rama 3, Central Pinklao and Central Chiangmai Airport, and 2 office buildings, Central Pinklao Tower A and Tower B, as well as invested in additional assets, namely Central Pattaya Shopping Center and Hilton Pattaya Hotel Its operational locality is Thailand.

CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Headlines

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