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Helvetic Star (HAM:HSRN) Sloan Ratio % : 0.00% (As of Jun. 2019)


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What is Helvetic Star 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.

Helvetic Star's Sloan Ratio for the quarter that ended in Jun. 2019 was 0.00%.

As of Jun. 2019, Helvetic Star has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Helvetic Star Sloan Ratio % Historical Data

The historical data trend for Helvetic Star'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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Helvetic Star Sloan Ratio % Chart

Helvetic Star Annual Data
Trend Jun16 Jun17 Jun18 Jun19
Sloan Ratio %
- - - -

Helvetic Star Semi-Annual Data
Jun16 Jun17 Jun18 Jun19
Sloan Ratio % - - - -

Competitive Comparison of Helvetic Star's Sloan Ratio %

For the Financial Data & Stock Exchanges subindustry, Helvetic Star'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.


Helvetic Star's Sloan Ratio % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Helvetic Star's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Helvetic Star's Sloan Ratio % falls into.



Helvetic Star 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.

Helvetic Star's Sloan Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2019 )-Cash Flow from Operations (A: Jun. 2019 )
-Cash Flow from Investing (A: Jun. 2019 ))/Total Assets (A: Jun. 2019 )
=(0.164-0
-0)/2.513
=6.53%

Helvetic Star's Sloan Ratio for the quarter that ended in Jun. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2019 )
=(0.164-0
-0)/2.513
=6.53%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Helvetic Star's Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was €0.16 Mil.
Helvetic Star's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2019 was €0.00 Mil.
Helvetic Star's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2019 was €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.


Helvetic Star  (HAM:HSRN) 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. 2019, Helvetic Star has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Helvetic Star Sloan Ratio % Related Terms

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Helvetic Star (HAM:HSRN) Business Description

Traded in Other Exchanges
N/A
Address
Erlenweg 17, Bern, CHE, 3063
Helvetic Star Ltd is engaged in providing broker services. The company helps in obtaining capital, capital markets, maintain investor relationships, and investment advisory.

Helvetic Star (HAM:HSRN) Headlines

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