GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) » Definitions » Sloan Ratio %

CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Sloan Ratio % : 0.00% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is CBRE Clarion Global Real Estateome Fund 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.

CBRE Clarion Global Real Estateome Fund's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, CBRE Clarion Global Real Estateome Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CBRE Clarion Global Real Estateome Fund Sloan Ratio % Historical Data

The historical data trend for CBRE Clarion Global Real Estateome Fund'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.

CBRE Clarion Global Real Estateome Fund Sloan Ratio % Chart

CBRE Clarion Global Real Estateome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial - - - - -

CBRE Clarion Global Real Estateome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of CBRE Clarion Global Real Estateome Fund's Sloan Ratio %

For the Asset Management subindustry, CBRE Clarion Global Real Estateome Fund'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.


CBRE Clarion Global Real Estateome Fund's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CBRE Clarion Global Real Estateome Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CBRE Clarion Global Real Estateome Fund's Sloan Ratio % falls into.



CBRE Clarion Global Real Estateome Fund 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.

CBRE Clarion Global Real Estateome Fund'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 )
=(112.14-36.644
-0)/1159.907
=6.51%

CBRE Clarion Global Real Estateome Fund'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 )
=(112.14-36.644
-0)/1159.907
=6.51%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. CBRE Clarion Global Real Estateome Fund's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 20.888 (Jun. 2023 ) + 91.252 (Dec. 2023 ) = $112.1 Mil.
CBRE Clarion Global Real Estateome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -77.983 (Jun. 2023 ) + 114.627 (Dec. 2023 ) = $36.6 Mil.
CBRE Clarion Global Real Estateome Fund's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = $0.0 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.


CBRE Clarion Global Real Estateome Fund  (NYSE:IGR) 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, CBRE Clarion Global Real Estateome Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CBRE Clarion Global Real Estateome Fund Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of CBRE Clarion Global Real Estateome Fund's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 600, Radnor, PA, USA, 19087
CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.
Executives
Jonathan D Miniman other: Portfolio Manager 201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
Joseph P Smith other: Sr. Dir of Investment Advisor 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Asuka Nakahara director 527 GREYSTONE ROAD, MERION PA 19066
T Ritson Ferguson director, officer: President & CEO, other: Pres./CEO; Managing Dir IA 201 KING OF PRUSSIA ROAD, RADNOR PA 19087
Leslie E Greis director C/O CBRE CLARION GLOBAL REAL ESTATE INCO, 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kenneth S Weinberg other: Portfolio Manager 201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
John R Bartholdson director
Heidi Stam director 110 QUAIL STREET, WAYNE PA 19087
Tull Robert Stanley Iii officer: Secretary & CCO 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Richard L Sutton director 10 BARLEYMILL DRIVE, WILMINGTON DE 10019
Frederick S Hammer director 400 MADISON AVENUE, NEW YORK NY 10017
Jarrett B Kling director 1272 GULPH CREEK DRIVE, RADNOR PA 19087
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Steven D Burton other: Sr. Dir of Investment Advisor 423 ROUND HILL RD, ST DAVIDS PA 19087
Kenneth Campbell other: Portfolio Mgr; Managing Dir IA 1419 LANES END, VILLINOVA PA 19085