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RBR Group (ASX:RBR) Sloan Ratio % : -6.06% (As of Dec. 2024)


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What is RBR Group 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.

RBR Group's Sloan Ratio for the quarter that ended in Dec. 2024 was -6.06%.

As of Dec. 2024, RBR Group has a Sloan Ratio of -6.06%, indicating the company is in the safe zone and there is no funny business with accruals.


RBR Group Sloan Ratio % Historical Data

The historical data trend for RBR Group'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.

RBR Group Sloan Ratio % Chart

RBR Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.54 6.43 -15.53 27.32 -12.04

RBR Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -93.24 27.32 27.60 -12.06 -6.06

Competitive Comparison of RBR Group's Sloan Ratio %

For the Specialty Business Services subindustry, RBR Group'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.


RBR Group's Sloan Ratio % Distribution in the Business Services Industry

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

* The bar in red indicates where RBR Group's Sloan Ratio % falls into.


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RBR Group 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.

RBR Group's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(-0.979-0.259
--0.725)/4.262
=-12.04%

RBR Group's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(-1.566--0.868
--0.416)/4.657
=-6.06%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. RBR Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -0.906 (Jun. 2024 ) + -0.66 (Dec. 2024 ) = A$-1.57 Mil.
RBR Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -0.739 (Jun. 2024 ) + -0.129 (Dec. 2024 ) = A$-0.87 Mil.
RBR Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -0.26 (Jun. 2024 ) + -0.156 (Dec. 2024 ) = A$-0.42 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.


RBR Group  (ASX:RBR) 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. 2024, RBR Group has a Sloan Ratio of -6.06%, indicating the company is in the safe zone and there is no funny business with accruals.


RBR Group Sloan Ratio % Related Terms

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RBR Group Business Description

Traded in Other Exchanges
N/A
Address
191 St Georges Terrace, Level 5, Perth, WA, AUS, 6000
RBR Group Ltd is domiciled in Australia. It is engaged in the provision of labor, training, and professional services in Mozambique. The firm's services comprise Training services, Labour Broking, and business services. It recruits, trains, and then supplies skilled, fit-for-work staff to its clients. Business operating segments include; Asia-Pacific and Africa. It earns substantial revenue from the Africa region. The firm derives revenue from training services and payroll services. business services, Projectos Dinamicos, Lda, sale of Data, and others.

RBR Group Headlines

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