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Caldwell Partners International (TSX:CWL) Sloan Ratio % : 0.00% (As of Feb. 2024)


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What is Caldwell Partners International 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.

Caldwell Partners International's Sloan Ratio for the quarter that ended in Feb. 2024 was 0.00%.

As of Feb. 2024, Caldwell Partners International has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Caldwell Partners International Sloan Ratio % Historical Data

The historical data trend for Caldwell Partners International'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.

Caldwell Partners International Sloan Ratio % Chart

Caldwell Partners International Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 -5.43 -18.86 2.79 -

Caldwell Partners International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 8.48 13.51 - - -

Competitive Comparison of Caldwell Partners International's Sloan Ratio %

For the Staffing & Employment Services subindustry, Caldwell Partners International'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.


Caldwell Partners International's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Caldwell Partners International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Caldwell Partners International's Sloan Ratio % falls into.



Caldwell Partners International 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.

Caldwell Partners International's Sloan Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Sloan Ratio=(Net Income (A: Aug. 2023 )-Cash Flow from Operations (A: Aug. 2023 )
-Cash Flow from Investing (A: Aug. 2023 ))/Total Assets (A: Aug. 2023 )
=(0-0
-0)/84.644
=0.00%

Caldwell Partners International's Sloan Ratio for the quarter that ended in Feb. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Feb. 2024 )
=(4.378--7.886
--0.384)/57.472
=22.01%

Caldwell Partners International's Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was 1.465 (May. 2023 ) + 0 (Aug. 2023 ) + 3.778 (Nov. 2023 ) + -0.865 (Feb. 2024 ) = C$4.38 Mil.
Caldwell Partners International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2024 was 5.154 (May. 2023 ) + 0 (Aug. 2023 ) + -5.06 (Nov. 2023 ) + -7.98 (Feb. 2024 ) = C$-7.89 Mil.
Caldwell Partners International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2024 was -0.156 (May. 2023 ) + 0 (Aug. 2023 ) + -0.125 (Nov. 2023 ) + -0.103 (Feb. 2024 ) = C$-0.38 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.


Caldwell Partners International  (TSX:CWL) 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 Feb. 2024, Caldwell Partners International has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Caldwell Partners International Sloan Ratio % Related Terms

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Caldwell Partners International (TSX:CWL) Business Description

Traded in Other Exchanges
Address
79 Wellington Street West, Suite 2410, TD South Tower, Toronto, ON, CAN, M5K 1E7
Caldwell Partners International Inc is a provider of executive search that specializes in the recruitment of executives for full-time and advisory roles. The company contracts with its clients, on an assignment basis providing advice on the identification, evaluation, assessment, and recommendation of qualified candidates for filling of senior executive positions. It recruits employees for various positions that include Board Services, Human Resources, Information Security, Legal, Marketing, Industrial, Insurance, Healthcare, Media, Real Estate, Technology etc. The Company operates through two segments; Caldwell and IQTalent, out of which majority revenue is generated from Caldwell segment. The company's operations are spread across Canada, the United States, Asia pacific and Europe.

Caldwell Partners International (TSX:CWL) Headlines

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