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Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Tuimazinskiy Zavod Avtobetonovozov PTC 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.

Tuimazinskiy Zavod Avtobetonovozov PTC's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Tuimazinskiy Zavod Avtobetonovozov PTC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Tuimazinskiy Zavod Avtobetonovozov PTC Sloan Ratio % Historical Data

The historical data trend for Tuimazinskiy Zavod Avtobetonovozov PTC'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.

Tuimazinskiy Zavod Avtobetonovozov PTC Sloan Ratio % Chart

Tuimazinskiy Zavod Avtobetonovozov PTC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.63 -16.42 2.88 -0.99 20.44

Tuimazinskiy Zavod Avtobetonovozov PTC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 Tuimazinskiy Zavod Avtobetonovozov PTC's Sloan Ratio %

For the Farm & Heavy Construction Machinery subindustry, Tuimazinskiy Zavod Avtobetonovozov PTC'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.


Tuimazinskiy Zavod Avtobetonovozov PTC's Sloan Ratio % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tuimazinskiy Zavod Avtobetonovozov PTC's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Tuimazinskiy Zavod Avtobetonovozov PTC's Sloan Ratio % falls into.



Tuimazinskiy Zavod Avtobetonovozov PTC 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.

Tuimazinskiy Zavod Avtobetonovozov PTC'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 )
=(247.98--195.445
-217.693)/1104.361
=20.44%

Tuimazinskiy Zavod Avtobetonovozov PTC's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(236.128-0
-0)/4170.744
=5.66%

Tuimazinskiy Zavod Avtobetonovozov PTC's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 106.434 (Jun. 2022 ) + 37.904 (Sep. 2022 ) + 0 (Jun. 2023 ) + 91.79 (Sep. 2023 ) = ₽236 Mil.
Tuimazinskiy Zavod Avtobetonovozov PTC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = ₽0 Mil.
Tuimazinskiy Zavod Avtobetonovozov PTC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = ₽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.


Tuimazinskiy Zavod Avtobetonovozov PTC  (MIC:TUZA) 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. 2023, Tuimazinskiy Zavod Avtobetonovozov PTC 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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Tuimazinskiy Zavod Avtobetonovozov PTC (MIC:TUZA) Business Description

Traded in Other Exchanges
N/A
Address
17 Oktyabrya Street, Tuimazy, Republic of Bashkortostan, RUS, 452755
Tuimazinskiy Zavod Avtobetonovozov PTC manufactures special equipment for concrete and other industries. The company specializes in the design and production of special equipment for the construction, municipal, agricultural, oil and gas industries. The product portfolio includes concrete mixers, fire foam, stationary concrete pumps, trailers, among others.

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