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Banco BBVA Argentina (Banco BBVA Argentina) Sloan Ratio %

: 0.00% (As of Dec. 2023)
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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.

Banco BBVA Argentina's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, Banco BBVA Argentina has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Banco BBVA Argentina Sloan Ratio % Historical Data

The historical data trend for Banco BBVA Argentina'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.

Banco BBVA Argentina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.75 6.43 -29.32 -1.38 -6.57

Banco BBVA Argentina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only -1.04 -9.37 -13.29 - -

Competitive Comparison

For the Banks - Regional subindustry, Banco BBVA Argentina'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.


Banco BBVA Argentina Sloan Ratio % Distribution

For the Banks industry and Financial Services sector, Banco BBVA Argentina's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Banco BBVA Argentina's Sloan Ratio % falls into.



Banco BBVA Argentina 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.

Banco BBVA Argentina's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(434.511-1665.456
--119.1)/16925.508
=-6.57%

Banco BBVA Argentina's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(454.94-721.518
--22.672)/16925.508
=-1.44%

Banco BBVA Argentina's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 76.076 (Mar. 2023 ) + 125.242 (Jun. 2023 ) + 27.521 (Sep. 2023 ) + 226.101 (Dec. 2023 ) = $455 Mil.
Banco BBVA Argentina's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 434.764 (Mar. 2023 ) + 286.754 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = $722 Mil.
Banco BBVA Argentina's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -11.573 (Mar. 2023 ) + -11.099 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = $-23 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.


Banco BBVA Argentina  (NYSE:BBAR) 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 Dec. 2023, Banco BBVA Argentina has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Banco BBVA Argentina Sloan Ratio % Related Terms

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Banco BBVA Argentina (Banco BBVA Argentina) Business Description

Traded in Other Exchanges
Address
Avenue Cordoba 111, 31st floor, Buenos Aires, ARG, C1054AAA
Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. It bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, and the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. Its geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.