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Ares Acquisition II (Ares Acquisition II) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is Ares Acquisition II 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.

Ares Acquisition II's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

Warning Sign:

When sloan ratio (99.58)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, Ares Acquisition II has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Ares Acquisition II Sloan Ratio % Historical Data

The historical data trend for Ares Acquisition II'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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Ares Acquisition II Sloan Ratio % Chart

Ares Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
- - 99.58

Ares Acquisition II Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ares Acquisition II's Sloan Ratio %

For the Shell Companies subindustry, Ares Acquisition II'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.


Ares Acquisition II's Sloan Ratio % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Ares Acquisition II's Sloan Ratio % falls into.



Ares Acquisition II 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.

Ares Acquisition II'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 )
=(16.915--1.353
--505)/525.453
=99.58%

Ares Acquisition II's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(23.309--1.614
-0)/531.999
=4.68%

Ares Acquisition II's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 3.566 (Jun. 2023 ) + 6.4 (Sep. 2023 ) + 6.95 (Dec. 2023 ) + 6.393 (Mar. 2024 ) = $23.31 Mil.
Ares Acquisition II's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -0.831 (Jun. 2023 ) + -0.257 (Sep. 2023 ) + -0.264 (Dec. 2023 ) + -0.262 (Mar. 2024 ) = $-1.61 Mil.
Ares Acquisition II's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = $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.


Ares Acquisition II  (NYSE:AACT) 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. 2024, Ares Acquisition II has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Ares Acquisition II (Ares Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Ares Acquisition Corp II is a blank check company.
Executives
David G. Hirz director 600 CITADEL DRIVE, COMMERCE CA 90040
Brad Coleman director 90 FRANKLIN STREET, APT 9S, NEW YORK NY 10013
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Chief Executive Officer 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Peter Ogilvie officer: See Remarks C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin officer: Chief Operating Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Ares Acquisition Holdings Ii Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167