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LuxUrban Hotels (LuxUrban Hotels) Sloan Ratio % : -21.23% (As of Dec. 2023)


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What is LuxUrban Hotels 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.

LuxUrban Hotels's Sloan Ratio for the quarter that ended in Dec. 2023 was -21.23%.

As of Dec. 2023, LuxUrban Hotels has a Sloan Ratio of -21.23%, indicating there is a warning stage of accrual build up.


LuxUrban Hotels Sloan Ratio % Historical Data

The historical data trend for LuxUrban Hotels'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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LuxUrban Hotels Sloan Ratio % Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
- - 11.84 10.89 -21.23

LuxUrban Hotels Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -21.23

Competitive Comparison of LuxUrban Hotels's Sloan Ratio %

For the Lodging subindustry, LuxUrban Hotels'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.


LuxUrban Hotels's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LuxUrban Hotels's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where LuxUrban Hotels's Sloan Ratio % falls into.



LuxUrban Hotels 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.

LuxUrban Hotels'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 )
=(-78.523--18.278
--0.095)/283.294
=-21.23%

LuxUrban Hotels'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 )
=(-78.524--18.278
--0.095)/283.294
=-21.23%

LuxUrban Hotels's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -2.781 (Mar. 2023 ) + -26.775 (Jun. 2023 ) + 4.935 (Sep. 2023 ) + -53.903 (Dec. 2023 ) = $-78.5 Mil.
LuxUrban Hotels's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 0.383 (Mar. 2023 ) + -4.584 (Jun. 2023 ) + -2.814 (Sep. 2023 ) + -11.263 (Dec. 2023 ) = $-18.3 Mil.
LuxUrban Hotels's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 2.443 (Mar. 2023 ) + -0.149 (Jun. 2023 ) + -0.523 (Sep. 2023 ) + -1.866 (Dec. 2023 ) = $-0.1 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.


LuxUrban Hotels  (NAS:LUXH) 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, LuxUrban Hotels has a Sloan Ratio of -21.23%, indicating there is a warning stage of accrual build up.


LuxUrban Hotels Sloan Ratio % Related Terms

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LuxUrban Hotels (LuxUrban Hotels) Business Description

Traded in Other Exchanges
N/A
Address
2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.
Executives
Brian Ferdinand director, officer: Chief Executive Officer 224 MUTTONTOWN EASTWOODS ROAD, MUTTONTOWN NY 11791
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Kevin Michael Potts officer: Chief Revenue Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Donald Engel director 570 PARK AVE, NEW YORK NY 10065
Shanoop Kothari officer: Chief Financial Officer 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Aimee Nelson director 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jeffrey Webb director 6589 GREEN SHADOWS, STE 6B, MEMPHIS TN 38119
David Gurfein officer: President & COO 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Karl Rothman officer: Chief Accounting Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jimmie Chatmon director, officer: Executive Vice President 2125 BISCAYNE BLVD, MIAMI FL 33137
Kevin Mikolashek officer: Chief Compliance Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
David Edward Berg director 2125 BISCAYNE BLVD., SUITE 253, MIAMI FL 33137