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Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Corazon Capital V838 Monoceros 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.

Corazon Capital V838 Monoceros's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Corazon Capital V838 Monoceros has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Corazon Capital V838 Monoceros Sloan Ratio % Historical Data

The historical data trend for Corazon Capital V838 Monoceros'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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Corazon Capital V838 Monoceros Sloan Ratio % Chart

Corazon Capital V838 Monoceros Annual Data
Trend Dec21
Sloan Ratio %
-

Corazon Capital V838 Monoceros Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Corazon Capital V838 Monoceros's Sloan Ratio %

For the Shell Companies subindustry, Corazon Capital V838 Monoceros'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.


Corazon Capital V838 Monoceros's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Corazon Capital V838 Monoceros's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Corazon Capital V838 Monoceros's Sloan Ratio % falls into.



Corazon Capital V838 Monoceros 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.

Corazon Capital V838 Monoceros's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(0-0
-0)/205.646
=0.00%

Corazon Capital V838 Monoceros's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(7.876--0.447
-0)/206.149
=4.04%

Corazon Capital V838 Monoceros's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 3.651 (Mar. 2022 ) + 2.665 (Jun. 2022 ) + 1.56 (Sep. 2022 ) = $7.88 Mil.
Corazon Capital V838 Monoceros's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + -0.236 (Mar. 2022 ) + -0.11 (Jun. 2022 ) + -0.101 (Sep. 2022 ) = $-0.45 Mil.
Corazon Capital V838 Monoceros's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $0.00 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.


Corazon Capital V838 Monoceros  (NAS:CRZNU) 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 Sep. 2022, Corazon Capital V838 Monoceros has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Business Description

Traded in Other Exchanges
N/A
Address
222 West Merchandise Mart Plaza, Box No. 2982, Chicago, IL, USA, 60654
Corazon Capital V838 Monoceros Corp is a blank check company.
Executives
Sally Storie director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Michael Gamson director C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Sam Yagan director, 10 percent owner, officer: Chief Executive Officer 1753 N. WOOD ST., CHICAGO IL 60622
Corazon V838 Monoceros Sponsor Llc 10 percent owner 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Steven Farsht director, 10 percent owner, officer: Chief Financial Officer C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Brooke Skinner Ricketts director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Christian Rudder director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Philip Schwarz officer: Chief Strategy Officer C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657

Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Headlines