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More Acquisitions (LSE:TMOR) Sloan Ratio % : 0.00% (As of Apr. 2023)


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What is More Acquisitions 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.

More Acquisitions's Sloan Ratio for the quarter that ended in Apr. 2023 was 0.00%.

As of Apr. 2023, More Acquisitions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


More Acquisitions Sloan Ratio % Historical Data

The historical data trend for More Acquisitions'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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More Acquisitions Sloan Ratio % Chart

More Acquisitions Annual Data
Trend Sep21 Oct23
Sloan Ratio %
- -

More Acquisitions Semi-Annual Data
Apr23 Oct23
Sloan Ratio % - -

Competitive Comparison of More Acquisitions's Sloan Ratio %

For the Shell Companies subindustry, More Acquisitions'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.


More Acquisitions's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, More Acquisitions's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where More Acquisitions's Sloan Ratio % falls into.



More Acquisitions 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.

More Acquisitions's Sloan Ratio for the fiscal year that ended in Sep. 2021 is calculated as

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

More Acquisitions's Sloan Ratio for the quarter that ended in Apr. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Apr. 2023 )
=(-
-)/
=%

More Acquisitions does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2023.

* 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.


More Acquisitions  (LSE:TMOR) 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 Apr. 2023, More Acquisitions 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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More Acquisitions (LSE:TMOR) Business Description

Traded in Other Exchanges
N/A
Address
80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE
More Acquisitions PLC is formed to identify and acquire a suitable business opportunity or opportunities and undertake an acquisition or merger or a series of acquisitions or mergers.

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