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Dias Aquaculture (ATH:DIFF) Sloan Ratio % : 0.00% (As of Jun. 2016)


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What is Dias Aquaculture 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.

Dias Aquaculture's Sloan Ratio for the quarter that ended in Jun. 2016 was 0.00%.

As of Jun. 2016, Dias Aquaculture has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Dias Aquaculture Sloan Ratio % Historical Data

The historical data trend for Dias Aquaculture'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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Dias Aquaculture Sloan Ratio % Chart

Dias Aquaculture Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec14 Dec15
Sloan Ratio %
Get a 7-Day Free Trial 11.04 4.28 6.33 -139.03 -48.09

Dias Aquaculture Quarterly Data
Jun09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep12 Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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 -90.62 -71.60 -72.77 -48.09 -

Competitive Comparison of Dias Aquaculture's Sloan Ratio %

For the Farm Products subindustry, Dias Aquaculture'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.


Dias Aquaculture's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dias Aquaculture's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Dias Aquaculture's Sloan Ratio % falls into.



Dias Aquaculture 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.

Dias Aquaculture's Sloan Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2015 )-Cash Flow from Operations (A: Dec. 2015 )
-Cash Flow from Investing (A: Dec. 2015 ))/Total Assets (A: Dec. 2015 )
=(-15.576-0.591
--0.684)/32.198
=-48.09%

Dias Aquaculture's Sloan Ratio for the quarter that ended in Jun. 2016 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2016 )
=(-8.761-0.818
--0.695)/5.346
=-166.18%

Dias Aquaculture's Net Income for the trailing twelve months (TTM) ended in Jun. 2016 was -2.038 (Jun. 2015 ) + -4.901 (Sep. 2015 ) + -1.822 (Dec. 2015 ) + 0 (Jun. 2016 ) = €-8.76 Mil.
Dias Aquaculture's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2016 was 0.261 (Jun. 2015 ) + 0.722 (Sep. 2015 ) + -0.165 (Dec. 2015 ) + 0 (Jun. 2016 ) = €0.82 Mil.
Dias Aquaculture's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2016 was -0.006 (Jun. 2015 ) + -0.081 (Sep. 2015 ) + -0.608 (Dec. 2015 ) + 0 (Jun. 2016 ) = €-0.70 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.


Dias Aquaculture  (ATH:DIFF) 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. 2016, Dias Aquaculture has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Dias Aquaculture Sloan Ratio % Related Terms

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Dias Aquaculture (ATH:DIFF) Business Description

Traded in Other Exchanges
N/A
Address
10 klm Attikis Odou - Thesi Tripio Lithari, Mandra, GRC, 14564
Dias Aquaculture SA through its subsidiaries is engaged in aquaculture, breeding juveniles in hatching stations, raising and selling Mediterranean euryhaline fish, trading fish and third-party fish feed, and manufacturing fish feed. The company's main products are sea bream, sea bass, fish juveniles, gutted fish and fish fillet, map products.

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