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PRINCE OF WALES COUNTRY CLUB INMOBILIARIA (XSGO:COUNTRY-A) Sloan Ratio % : 3.51% (As of Dec. 2023)


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What is PRINCE OF WALES COUNTRY CLUB INMOBILIARIA 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.

PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Sloan Ratio for the quarter that ended in Dec. 2023 was 3.51%.

As of Dec. 2023, PRINCE OF WALES COUNTRY CLUB INMOBILIARIA has a Sloan Ratio of 3.51%, indicating the company is in the safe zone and there is no funny business with accruals.


PRINCE OF WALES COUNTRY CLUB INMOBILIARIA Sloan Ratio % Historical Data

The historical data trend for PRINCE OF WALES COUNTRY CLUB INMOBILIARIA'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.

PRINCE OF WALES COUNTRY CLUB INMOBILIARIA Sloan Ratio % Chart

PRINCE OF WALES COUNTRY CLUB INMOBILIARIA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 0.42 7.44 4.55 3.51

PRINCE OF WALES COUNTRY CLUB INMOBILIARIA Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 2.46 0.42 7.44 4.55 3.51

Competitive Comparison of PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Sloan Ratio %

For the Leisure subindustry, PRINCE OF WALES COUNTRY CLUB INMOBILIARIA'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.


PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Sloan Ratio % falls into.



PRINCE OF WALES COUNTRY CLUB INMOBILIARIA 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.

PRINCE OF WALES COUNTRY CLUB INMOBILIARIA'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 )
=(10.005--5.717
--473.682)/13933.247
=3.51%

PRINCE OF WALES COUNTRY CLUB INMOBILIARIA'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 )
=(10.005--5.717
--473.682)/13933.247
=3.51%

For company reported annually, GuruFocus uses latest annual data as the TTM data. PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was CLP10.0 Mil.
PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was CLP-5.7 Mil.
PRINCE OF WALES COUNTRY CLUB INMOBILIARIA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was CLP-473.7 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.


PRINCE OF WALES COUNTRY CLUB INMOBILIARIA  (XSGO:COUNTRY-A) 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, PRINCE OF WALES COUNTRY CLUB INMOBILIARIA has a Sloan Ratio of 3.51%, indicating the company is in the safe zone and there is no funny business with accruals.


PRINCE OF WALES COUNTRY CLUB INMOBILIARIA Sloan Ratio % Related Terms

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PRINCE OF WALES COUNTRY CLUB INMOBILIARIA (XSGO:COUNTRY-A) Business Description

Traded in Other Exchanges
N/A
Address
Calle Las Aranas 1901, La Reina, Santiago, CHL
PRINCE OF WALES COUNTRY CLUB SA INMOBILIARIA is a Chile-based company engaged in the operation of private club facilities. It offers sports training such as football, golf, field hockey, swimming, rugby, squash, tennis, and volleyball, among others. The company's main facilities include a restaurant, bar, sports cafe, library, hairdressing rooms, sports equipment and accessories store, swimming pool, tennis courts, indoor courts, gym, and spa.

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