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Blue Whale Acquisition I (Blue Whale Acquisition I) Sloan Ratio % : 0.00% (As of Mar. 2023)


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What is Blue Whale Acquisition I 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.

Blue Whale Acquisition I's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

As of Mar. 2023, Blue Whale Acquisition I has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Blue Whale Acquisition I Sloan Ratio % Historical Data

The historical data trend for Blue Whale Acquisition I'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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Blue Whale Acquisition I Sloan Ratio % Chart

Blue Whale Acquisition I Annual Data
Trend Dec21 Dec22
Sloan Ratio %
- -

Blue Whale Acquisition I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Blue Whale Acquisition I's Sloan Ratio %

For the Shell Companies subindustry, Blue Whale Acquisition I'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.


Blue Whale Acquisition I's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Blue Whale Acquisition I's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Blue Whale Acquisition I's Sloan Ratio % falls into.



Blue Whale Acquisition I 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.

Blue Whale Acquisition I's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(4.973--0.829
-0)/231.607
=2.51%

Blue Whale Acquisition I's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(3.244--0.878
-0)/230.845
=1.79%

Blue Whale Acquisition I's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was 1.335 (Jun. 2022 ) + 0.534 (Sep. 2022 ) + 0.654 (Dec. 2022 ) + 0.721 (Mar. 2023 ) = $3.24 Mil.
Blue Whale Acquisition I's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -0.131 (Jun. 2022 ) + -0.15 (Sep. 2022 ) + -0.394 (Dec. 2022 ) + -0.203 (Mar. 2023 ) = $-0.88 Mil.
Blue Whale Acquisition I's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 0 (Mar. 2023 ) = $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.


Blue Whale Acquisition I  (NAS:BWC) 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 Mar. 2023, Blue Whale Acquisition I has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Blue Whale Acquisition I Sloan Ratio % Related Terms

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Blue Whale Acquisition I (Blue Whale Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
Boundary Hall, P.O. Box 1093, Cricket Square, Grand Cayman, CYM, KY1-1102
Blue Whale Acquisition Corp I is a blank check company.
Executives
Third Point Llc 10 percent owner 55 HUDSON YARDS, NEW YORK NY 10001
Daniel S Loeb 10 percent owner, other: See Explanation of Responses. THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Mic Capital Partners (public) Parallel Cayman, Lp 10 percent owner WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
David H Johnson director C/O WARNER MUSIC GROUP, 75 ROCKEFELLER PLAZA, NEW YORK NY 10019
Russell I Pillar officer: Chief Financial Officer C/O CATALYTIC CAPITAL, 100 WILSHIRE BOULEVARD, SUITE 1100, SANTA MONICA CA 90401
Jordan Zachary director PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Adib Mattar director PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Maxime Franzetti director, officer: Chief Executive Officer PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Gregg Walker director PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Zahavah Levine director PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Blue Whale Sponsor I Llc 10 percent owner PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Kevin Kokko 10 percent owner PO BOX 1903, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102

Blue Whale Acquisition I (Blue Whale Acquisition I) Headlines