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Great Southern Bancorp (Great Southern Bancorp) Sloan Ratio % : 1.30% (As of Dec. 2023)


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What is Great Southern Bancorp 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.

Great Southern Bancorp's Sloan Ratio for the quarter that ended in Dec. 2023 was 1.30%.

As of Dec. 2023, Great Southern Bancorp has a Sloan Ratio of 1.30%, indicating the company is in the safe zone and there is no funny business with accruals.


Great Southern Bancorp Sloan Ratio % Historical Data

The historical data trend for Great Southern Bancorp'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.

Great Southern Bancorp Sloan Ratio % Chart

Great Southern Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 2.62 -3.69 14.27 1.30

Great Southern Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.97 2.66 1.32 1.30 -

Competitive Comparison of Great Southern Bancorp's Sloan Ratio %

For the Banks - Regional subindustry, Great Southern Bancorp'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.


Great Southern Bancorp's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Great Southern Bancorp's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Great Southern Bancorp's Sloan Ratio % falls into.



Great Southern Bancorp 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.

Great Southern Bancorp'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 )
=(67.8-80.7
--88.208)/5812.402
=1.30%

Great Southern Bancorp'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 )
=(67.8-80.7
--88.208)/5812.402
=1.30%

Great Southern Bancorp's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 20.456 (Mar. 2023 ) + 18.32 (Jun. 2023 ) + 15.879 (Sep. 2023 ) + 13.145 (Dec. 2023 ) = $67.8 Mil.
Great Southern Bancorp's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 5.442 (Mar. 2023 ) + 42.186 (Jun. 2023 ) + -7.523 (Sep. 2023 ) + 40.595 (Dec. 2023 ) = $80.7 Mil.
Great Southern Bancorp's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -53.408 (Mar. 2023 ) + 57.282 (Jun. 2023 ) + -42.986 (Sep. 2023 ) + -49.096 (Dec. 2023 ) = $-88.2 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.


Great Southern Bancorp  (NAS:GSBC) 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, Great Southern Bancorp has a Sloan Ratio of 1.30%, indicating the company is in the safe zone and there is no funny business with accruals.


Great Southern Bancorp Sloan Ratio % Related Terms

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Great Southern Bancorp (Great Southern Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1451 E. Battlefield, Springfield, MO, USA, 65804
Great Southern Bancorp Inc is a bank holding company. It is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans, and consumer loans. The bank provides various services such as Business Banking, Merchant Services, Debit and Credit cards, Online Banking, Mobile Banking, VIP Banking, Overdraft Protection, and other related services.
Executives
John M Bugh other: Vice President of Subsidiary 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Kevin R Ausburn director 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Steven D Edwards director 218 S GLENSTONE AVENUE, SPRINGFIELD MO 65802
Mark A Maples other: Vice President of Subsidiary 218 S GLENSTONE AVE, SPRINGFIELD MO 65802
Rex A Copeland officer: Treasurer 4901 S. BOTHWELL, SPRINGFIELD MO 65804
William V Turner director, 10 percent owner 6608 E SHADY, STRAFFORD MO 65757
Joseph W Turner director, officer: President/CEO 2190 N FARM ROAD 213, STRAFFORD MO 65757
Julie A Brown director 4725 E ROYAL DRIVE, SPRINGFIELD MO 65809
Steinert Earl A Jr director 3128 N FARM RD 209, STRAFFORD MO 65757
Douglas W Marrs other: Vice President of Subsidiary 111 W. NORTHVIEW, NIXA MO 65714
Thomas J Carlson director 1414 N. BENTON AVE, SPRINGFIELD MO 65802
Linton J Thomason other: Vice President of Subsidiary 1412 FOUR WINDS DRIVE, NIXA MO 65714
Larry D Frazier director 567 E. DALE, HOLLISTER MO 65672
Kevin L Baker other: Vice President of Subsidiary 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
William E Barclay director 3732 E. BOWMAN, SPRINGFIELD MO 65809