GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dynamic Portfolio Management & Services Ltd (BOM:530779) » Definitions » Sloan Ratio %

Dynamic Portfolio Management & Services (BOM:530779) Sloan Ratio % : -45.36% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Dynamic Portfolio Management & Services 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.

Dynamic Portfolio Management & Services's Sloan Ratio for the quarter that ended in Mar. 2024 was -45.36%.

Warning Sign:

When sloan ratio (-44.93)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, Dynamic Portfolio Management & Services has a Sloan Ratio of -45.36%, indicating earnings are more likely to be made up of accruals.


Dynamic Portfolio Management & Services Sloan Ratio % Historical Data

The historical data trend for Dynamic Portfolio Management & Services'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.

Dynamic Portfolio Management & Services Sloan Ratio % Chart

Dynamic Portfolio Management & Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -8.22 -2.70 19.88 -44.93

Dynamic Portfolio Management & Services 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 - - - - -45.36

Competitive Comparison of Dynamic Portfolio Management & Services's Sloan Ratio %

For the Credit Services subindustry, Dynamic Portfolio Management & Services'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.


Dynamic Portfolio Management & Services's Sloan Ratio % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dynamic Portfolio Management & Services's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Dynamic Portfolio Management & Services's Sloan Ratio % falls into.



Dynamic Portfolio Management & Services 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.

Dynamic Portfolio Management & Services's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2024 )-Cash Flow from Operations (A: Mar. 2024 )
-Cash Flow from Investing (A: Mar. 2024 ))/Total Assets (A: Mar. 2024 )
=(0.106-5.038
-57.145)/138.153
=-44.93%

Dynamic Portfolio Management & Services'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 )
=(-0.479-5.038
-57.145)/138.153
=-45.36%

Dynamic Portfolio Management & Services's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 0.856 (Jun. 2023 ) + 2.948 (Sep. 2023 ) + -0.441 (Dec. 2023 ) + -3.842 (Mar. 2024 ) = ₹-0.48 Mil.
Dynamic Portfolio Management & Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 0.584 (Jun. 2023 ) + 1.579 (Sep. 2023 ) + 0.122 (Dec. 2023 ) + 2.753 (Mar. 2024 ) = ₹5.04 Mil.
Dynamic Portfolio Management & Services's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 31.348 (Jun. 2023 ) + 26.244 (Sep. 2023 ) + -0.335 (Dec. 2023 ) + -0.112 (Mar. 2024 ) = ₹57.15 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.


Dynamic Portfolio Management & Services  (BOM:530779) 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, Dynamic Portfolio Management & Services has a Sloan Ratio of -45.36%, indicating earnings are more likely to be made up of accruals.


Dynamic Portfolio Management & Services Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Dynamic Portfolio Management & Services's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dynamic Portfolio Management & Services (BOM:530779) Business Description

Traded in Other Exchanges
N/A
Address
1403, Vikram Tower 16, Rajendra Place, New Delhi, IND, 110008
Dynamic Portfolio Management & Services Ltd is an India-based non-banking finance company. The company invests in the capital market and is involved in non-banking financial activities. It also provides loan syndication to high-net-worth clients. The firm generates the majority of its revenue from interest services.

Dynamic Portfolio Management & Services (BOM:530779) Headlines

No Headlines