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Crown PropTech Acquisitions (Crown PropTech Acquisitions) Sloan Ratio % : 0.00% (As of Jun. 2023)


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What is Crown PropTech Acquisitions 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.

Crown PropTech Acquisitions's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

As of Jun. 2023, Crown PropTech Acquisitions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Crown PropTech Acquisitions Sloan Ratio % Historical Data

The historical data trend for Crown PropTech Acquisitions'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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Crown PropTech Acquisitions Sloan Ratio % Chart

Crown PropTech Acquisitions Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
- 103.15 -

Crown PropTech Acquisitions Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Crown PropTech Acquisitions's Sloan Ratio %

For the Shell Companies subindustry, Crown PropTech Acquisitions'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.


Crown PropTech Acquisitions's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crown PropTech Acquisitions's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Crown PropTech Acquisitions's Sloan Ratio % falls into.



Crown PropTech Acquisitions 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.

Crown PropTech Acquisitions's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(14.797--0.498
-0)/280.118
=5.46%

Crown PropTech Acquisitions's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(11.832--0.998
-238.305)/43.974
=-512.75%

Crown PropTech Acquisitions's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 1.827 (Sep. 2022 ) + 9.401 (Dec. 2022 ) + -0.256 (Mar. 2023 ) + 0.86 (Jun. 2023 ) = $11.83 Mil.
Crown PropTech Acquisitions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -0.142 (Sep. 2022 ) + -0.346 (Dec. 2022 ) + -0.222 (Mar. 2023 ) + -0.288 (Jun. 2023 ) = $-1.00 Mil.
Crown PropTech Acquisitions's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 238.305 (Mar. 2023 ) + 0 (Jun. 2023 ) = $238.31 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.


Crown PropTech Acquisitions  (NYSE:CPTK) 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 Jun. 2023, Crown PropTech Acquisitions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Crown PropTech Acquisitions Sloan Ratio % Related Terms

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Crown PropTech Acquisitions (Crown PropTech Acquisitions) Business Description

Traded in Other Exchanges
Address
28 West 25th Street, Floor 6, New York, NY, USA, 10010
Crown PropTech Acquisitions is a blank check company.
Executives
Gavin Cuneo officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Michael Minnick 10 percent owner, officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Ciig Management Iii Llc 10 percent owner 40 WEST 57TH STREET, 29TH FLOOR, NEW YORK NY 10019
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Pius Sprenger director, officer: Chief Financial Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Melissa Holladay director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Martin Enderle director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Richard Chera director, officer: Chief Executive Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Crown Proptech Sponsor, Llc 10 percent owner C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON A VENUE, 12TH FLOOR, NEW YORK NY 10065