GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » Sloan Ratio %

Anzu Special Acquisition I (Anzu Special Acquisition I) Sloan Ratio % : 0.00% (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Anzu Special 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.

Anzu Special Acquisition I's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

As of Jun. 2023, Anzu Special 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.

Anzu Special Acquisition I Sloan Ratio % Historical Data

The historical data trend for Anzu Special 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.

* Premium members only.

Anzu Special Acquisition I Sloan Ratio % Chart

Anzu Special Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
- 100.25 4.82

Anzu Special Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Anzu Special Acquisition I's Sloan Ratio %

For the Shell Companies subindustry, Anzu Special 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.

Anzu Special Acquisition I's Sloan Ratio % Distribution in the Diversified Financial Services Industry

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

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


Anzu Special 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.

Anzu Special 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 )
=(19.234--2.658
-1.116)/430.621
=4.82%

Anzu Special Acquisition I's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(3.261--4.344
-389.3)/45.043
=-847.40%

Anzu Special Acquisition I's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 5.69 (Sep. 2022 ) + -2.009 (Dec. 2022 ) + 0.718 (Mar. 2023 ) + -1.138 (Jun. 2023 ) = $3.26 Mil.
Anzu Special Acquisition I's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -0.642 (Sep. 2022 ) + -0.843 (Dec. 2022 ) + -2.18 (Mar. 2023 ) + -0.679 (Jun. 2023 ) = $-4.34 Mil.
Anzu Special Acquisition I's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 389.048 (Mar. 2023 ) + 0.252 (Jun. 2023 ) = $389.30 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.

Anzu Special Acquisition I  (NAS:ANZUU) 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 Jun. 2023, Anzu Special 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.

Anzu Special Acquisition I Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Anzu Special Acquisition I's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Anzu Special Acquisition I (Anzu Special Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » Sloan Ratio %
Comparable Companies
TBCP TRAQ EQD DGNU PV UNEX SNRH FINM HHLA AGAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
12610 Race Track Road, Suite 250, Tampa, FL, USA, 33626
Website
https://www.anzuspac.com
Anzu Special Acquisition Corp I is a blank check company.
Executives
Charles Brynelsen director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Mona Chetan Patel director C/O 4875 WHITE BEAR LAKE PARKWAY, WHITE BEAR LAKE MN 55110
Janis Smith-gomez director C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
Brent T. Lucas director, officer: Chief Executive Officer C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
David R. Wells officer: Chief Financial Officer 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Glen A Taylor director, 10 percent owner C/O TAYLOR CORP, 1725 ROE CREST DR, N MANKALO MN 56002
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Daniel J. Hirsch director, officer: CFO and Corporate Secretary 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Peter Ganz officer: GC and Corporate Secretary C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Susan Kantor director C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300, WALTHAM MA 02451
Anzu Spac Gp I Llc 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith director, officer: Chief Executive Officer 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626