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Parvati Sweetners and Power (BOM:541347) Sloan Ratio % : 0.00% (As of Jun. 2024)


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What is Parvati Sweetners and Power 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.

Parvati Sweetners and Power's Sloan Ratio for the quarter that ended in Jun. 2024 was 0.00%.

As of Jun. 2024, Parvati Sweetners and Power has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Parvati Sweetners and Power Sloan Ratio % Historical Data

The historical data trend for Parvati Sweetners and Power'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.

Parvati Sweetners and Power Sloan Ratio % Chart

Parvati Sweetners and Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only 6.62 3.06 -0.56 3.00 -1.77

Parvati Sweetners and Power Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Parvati Sweetners and Power's Sloan Ratio %

For the Confectioners subindustry, Parvati Sweetners and Power'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.


Parvati Sweetners and Power's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parvati Sweetners and Power's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Parvati Sweetners and Power's Sloan Ratio % falls into.



Parvati Sweetners and Power 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.

Parvati Sweetners and Power'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 )
=(14.264-49.254
--5.214)/1686.801
=-1.77%

Parvati Sweetners and Power's Sloan Ratio for the quarter that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2024 )
=(12.261-0
-0)/0
=%

Parvati Sweetners and Power's Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was 1.296 (Sep. 2023 ) + 2.987 (Dec. 2023 ) + 7.711 (Mar. 2024 ) + 0.267 (Jun. 2024 ) = ₹12.3 Mil.
Parvati Sweetners and Power's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 2024 ) = ₹0.0 Mil.
Parvati Sweetners and Power's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 2024 ) = ₹0.0 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.


Parvati Sweetners and Power  (BOM:541347) 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. 2024, Parvati Sweetners and Power has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Parvati Sweetners and Power Sloan Ratio % Related Terms

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Parvati Sweetners and Power Business Description

Traded in Other Exchanges
N/A
Address
Jawahar Chowk, Hall No. 2, Gomantika Parisar, Shopping Complex, Bhopal, MP, IND, 462003
Parvati Sweetners and Power Ltd is engaged in the manufacturing, processing, refining, selling, and trading of crystal sugar, refined sugar, sugar cubes, liquid sugar, and raw sugar including sugar candy, confectionery, pharmaceutical sugar, syrups, food products and by-products such as biogases, molasses, ethanol, and others. The company generates its income from the sale of sugar and its by-products.

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