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BBGI PCL (BKK:BBGI-F) Sloan Ratio % : 0.50% (As of Mar. 2024)


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What is BBGI PCL 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.

BBGI PCL's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.50%.

As of Mar. 2024, BBGI PCL has a Sloan Ratio of 0.50%, indicating the company is in the safe zone and there is no funny business with accruals.


BBGI PCL Sloan Ratio % Historical Data

The historical data trend for BBGI PCL'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.

BBGI PCL Sloan Ratio % Chart

BBGI PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial 9.94 6.64 -4.77 8.31 -10.67

BBGI PCL 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 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 -4.96 -14.15 -14.70 -10.67 0.50

Competitive Comparison of BBGI PCL's Sloan Ratio %

For the Utilities - Renewable subindustry, BBGI PCL'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.


BBGI PCL's Sloan Ratio % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, BBGI PCL's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where BBGI PCL's Sloan Ratio % falls into.



BBGI PCL 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.

BBGI PCL'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 )
=(9.865-815.773
-648.848)/13635.128
=-10.67%

BBGI PCL'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 )
=(160.391-730.94
--646.575)/15243.919
=0.50%

BBGI PCL's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -40.162 (Jun. 2023 ) + 1.619 (Sep. 2023 ) + 79.099 (Dec. 2023 ) + 119.835 (Mar. 2024 ) = ฿160 Mil.
BBGI PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 548.201 (Jun. 2023 ) + 597.458 (Sep. 2023 ) + 312.266 (Dec. 2023 ) + -726.985 (Mar. 2024 ) = ฿731 Mil.
BBGI PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -20.219 (Jun. 2023 ) + -229.127 (Sep. 2023 ) + -179.465 (Dec. 2023 ) + -217.764 (Mar. 2024 ) = ฿-647 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.


BBGI PCL  (BKK:BBGI-F) 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, BBGI PCL has a Sloan Ratio of 0.50%, indicating the company is in the safe zone and there is no funny business with accruals.


BBGI PCL Sloan Ratio % Related Terms

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BBGI PCL (BKK:BBGI-F) Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 2098 M Tower Building, 5th Floor, Phrakanong, Phrakanong Tai, Bangkok, THA, 10260
BBGI PCL operates in the bio-based products business. The main businesses include biofuels, the production and distribution of ethanol, biodiesel, and byproducts, as well as any other business related to these activities. The principal business of the Company is investing in the companies whose business is manufacturing and distribution of biofuel product and relating products. Group's reportable segments are: Biodiesel: manufacturing and distribution of biodiesel product and relating products, Ethanol: production and distribution of ethanol and Others. The Group is managed and operates principally in Thailand. Majority of revenue is generated from Biodiesel: manufacturing and distribution of biodiesel product and relating products.

BBGI PCL (BKK:BBGI-F) Headlines

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