What is Powszechny Zaklad Ubezpieczen 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.
As of Mar. 2024, Powszechny Zaklad Ubezpieczen has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Powszechny Zaklad Ubezpieczen Sloan Ratio % Historical Data
* 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.
Competitive Comparison of Powszechny Zaklad Ubezpieczen's Sloan Ratio %
For the Insurance - Property & Casualty subindustry, Powszechny Zaklad Ubezpieczen'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.
Powszechny Zaklad Ubezpieczen's Sloan Ratio % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Powszechny Zaklad Ubezpieczen's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Powszechny Zaklad Ubezpieczen's Sloan Ratio % falls into.
Powszechny Zaklad Ubezpieczen 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.
Powszechny Zaklad Ubezpieczen's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 394.261 (Jun. 2023 ) + 372.06 (Sep. 2023 ) + 0 (Dec. 2023 ) + 320.002 (Mar. 2024 ) = $1,086 Mil.
Powszechny Zaklad Ubezpieczen's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 160.256 (Jun. 2023 ) + 4745.419 (Sep. 2023 ) + 0 (Dec. 2023 ) + 1368.812 (Mar. 2024 ) = $6,274 Mil.
Powszechny Zaklad Ubezpieczen's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -1308.333 (Jun. 2023 ) + -4265.671 (Sep. 2023 ) + 0 (Dec. 2023 ) + -1090.66 (Mar. 2024 ) = $-6,665 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.
Powszechny Zaklad Ubezpieczen (OTCPK:PWZYF) 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.
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 Mar. 2024, Powszechny Zaklad Ubezpieczen has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Powszechny Zaklad Ubezpieczen Sloan Ratio % Related Terms
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Powszechny Zaklad Ubezpieczen (Powszechny Zaklad Ubezpieczen) Business Description
Powszechny Zaklad Ubezpieczen SA is a property and casualty insurance company that operates in the Central and Eastern European region with an emphasis on the Polish market. The company's main strategic objectives include stable financial results, broad growth, and innovation. The vast majority of Powszechny's revenue is generated from gross written premiums, followed by results of its investment activities. The company serves clients through its own agency network along with sales through external agency centers.
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