KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Sloan Ratio % : -3.52% (As of Mar. 2024)

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What is KBS Real Estate Investment Trust 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.

KBS Real Estate Investment Trust III's Sloan Ratio for the quarter that ended in Mar. 2024 was -3.52%.

As of Mar. 2024, KBS Real Estate Investment Trust III has a Sloan Ratio of -3.52%, indicating the company is in the safe zone and there is no funny business with accruals.

KBS Real Estate Investment Trust III Sloan Ratio % Historical Data

The historical data trend for KBS Real Estate Investment Trust 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.

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KBS Real Estate Investment Trust III Sloan Ratio % Chart

KBS Real Estate Investment Trust III Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Sloan Ratio %

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-24.87

-8.17

-8.15

-0.75

-5.51

KBS Real Estate Investment Trust III Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Sloan Ratio %	Get a 7-Day Free Trial															-3.74	-5.34	-5.95	-5.51	-3.52

Competitive Comparison of KBS Real Estate Investment Trust III's Sloan Ratio %

For the REIT - Office subindustry, KBS Real Estate Investment Trust 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.

KBS Real Estate Investment Trust III's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KBS Real Estate Investment Trust III's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where KBS Real Estate Investment Trust III's Sloan Ratio % falls into.

KBS Real Estate Investment Trust 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.

KBS Real Estate Investment Trust III'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 )
	=	(-157.533	-	41.634
	-	-81.244)	/	2139.385
	=	-5.51%

KBS Real Estate Investment Trust III'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 )
	=	(-53.54	-	38.319
	-	-21.167)	/	2007.901
	=	-3.52%

KBS Real Estate Investment Trust III's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -44.058 (Jun. 2023 ) + -23.116 (Sep. 2023 ) + -23.94 (Dec. 2023 ) + 37.574 (Mar. 2024 ) = $-53.5 Mil.
KBS Real Estate Investment Trust III's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 6.51 (Jun. 2023 ) + 25.49 (Sep. 2023 ) + 4.442 (Dec. 2023 ) + 1.877 (Mar. 2024 ) = $38.3 Mil.
KBS Real Estate Investment Trust III's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -26.161 (Jun. 2023 ) + -14.017 (Sep. 2023 ) + -18.031 (Dec. 2023 ) + 37.042 (Mar. 2024 ) = $-21.2 Mil.

KBS Real Estate Investment Trust III (OTCPK:KBSR) 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, KBS Real Estate Investment Trust III has a Sloan Ratio of -3.52%, indicating the company is in the safe zone and there is no funny business with accruals.

KBS Real Estate Investment Trust III Sloan Ratio % Related Terms

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KBS Real Estate Investment Trust III (KBS Real Estate Investment Trust III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » KBS Real Estate Investment Trust III Inc (OTCPK:KBSR) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

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Address

800 Newport Center Drive, Suite 700, Newport Beach, CA, USA, 92660

Website

http://www.kbsreitiii.com

KBS Real Estate Investment Trust III Inc is a real estate investment trust. The company invests in a diverse portfolio of real estate properties. It holds investments in office properties and mixed-use office/retail properties. The investment objective is to preserve and return stockholders capital contributions and to provide the stockholders with attractive and stable cash distributions.

Executives

Robert Milkovich	director	7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Marc Deluca	director	7297 HIGHLAND ESTATES PLACE, FALLS CHURCH VA 22043
Ron D. Sturzenegger	director	101 CALIFORNIA STREET, SUITE 1750, SAN FRANCISCO CA 94111
Jeffrey A. Dritley	director	C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Jeff Waldvogel	officer: Chief Financial Officer	C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Stuart A Gabriel	director	155 N. LAKE AVENUE, PASADENA CA 91101
Peter Mcmillan	director, officer: Executive Vice President
Barbara R Cambon	director	17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Hank Adler	director	6 HUTTON CENTRE DRIVE, SUITE 400, SANTA ANA CA 92707
David E Snyder	officer: Chief Financial Officer	610 NEWPORT CENTER DRIVE, SUITE 1150, NEWPORT BEACH CA 92660
Schreiber Charles J Jr	director, officer: Chief Executive Officer	620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Peter M Bren	officer: President	620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Stacie K Yamane	officer: Chief Accounting Officer	620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Keith D Hall	officer: Executive Vice President	620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660

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