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Aeroflot Russian Airlines PJSC (Aeroflot Russian Airlines PJSC) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Aeroflot Russian Airlines PJSC 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.

Aeroflot Russian Airlines PJSC's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, Aeroflot Russian Airlines PJSC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Aeroflot Russian Airlines PJSC Sloan Ratio % Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC'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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Aeroflot Russian Airlines PJSC Sloan Ratio % Chart

Aeroflot Russian Airlines PJSC 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 -10.22 -12.47 -11.70 -11.31 -10.94

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Aeroflot Russian Airlines PJSC's Sloan Ratio %

For the Airlines subindustry, Aeroflot Russian Airlines PJSC'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.


Aeroflot Russian Airlines PJSC's Sloan Ratio % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroflot Russian Airlines PJSC's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Aeroflot Russian Airlines PJSC's Sloan Ratio % falls into.



Aeroflot Russian Airlines PJSC 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.

Aeroflot Russian Airlines PJSC'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 )
=(-98.216-1963.826
--711.304)/12346.381
=-10.94%

Aeroflot Russian Airlines PJSC'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 )
=(-1429.057-1546.896
--899.813)/12346.381
=-16.82%

Aeroflot Russian Airlines PJSC's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -1748.774 (Dec. 2022 ) + -660.42 (Jun. 2023 ) + -112.46 (Sep. 2023 ) + 1092.597 (Dec. 2023 ) = $-1,429.06 Mil.
Aeroflot Russian Airlines PJSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 382.663 (Dec. 2022 ) + 0 (Jun. 2023 ) + 381.644 (Sep. 2023 ) + 782.589 (Dec. 2023 ) = $1,546.90 Mil.
Aeroflot Russian Airlines PJSC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -491.454 (Dec. 2022 ) + 0 (Jun. 2023 ) + 64.444 (Sep. 2023 ) + -472.803 (Dec. 2023 ) = $-899.81 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.


Aeroflot Russian Airlines PJSC  (OTCPK:AERAY) 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, Aeroflot Russian Airlines PJSC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Aeroflot Russian Airlines PJSC Sloan Ratio % Related Terms

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Aeroflot Russian Airlines PJSC (Aeroflot Russian Airlines PJSC) Business Description

Traded in Other Exchanges
Address
1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC (Aeroflot Russian Airlines PJSC) Headlines

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