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BGSF (BGSF) Sloan Ratio % : -17.37% (As of Dec. 2024)


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What is BGSF 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.

BGSF's Sloan Ratio for the quarter that ended in Dec. 2024 was -17.37%.

As of Dec. 2024, BGSF has a Sloan Ratio of -17.37%, indicating there is a warning stage of accrual build up.


BGSF Sloan Ratio % Historical Data

The historical data trend for BGSF'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.

BGSF Sloan Ratio % Chart

BGSF Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 9.76 21.27 -11.82 -17.37

BGSF Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -11.82 -5.34 -11.39 -16.38 -17.37

Competitive Comparison of BGSF's Sloan Ratio %

For the Staffing & Employment Services subindustry, BGSF'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.


BGSF's Sloan Ratio % Distribution in the Business Services Industry

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

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


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BGSF 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.

BGSF's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(-3.338-24.379
--1.64)/150.111
=-17.37%

BGSF'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 )
=(-3.338-24.379
--1.64)/150.111
=-17.37%

BGSF's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -0.792 (Mar. 2024 ) + -0.761 (Jun. 2024 ) + -0.804 (Sep. 2024 ) + -0.981 (Dec. 2024 ) = $-3.3 Mil.
BGSF's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 7.381 (Mar. 2024 ) + 7.336 (Jun. 2024 ) + 6.529 (Sep. 2024 ) + 3.133 (Dec. 2024 ) = $24.4 Mil.
BGSF's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -0.494 (Mar. 2024 ) + -0.501 (Jun. 2024 ) + -0.375 (Sep. 2024 ) + -0.27 (Dec. 2024 ) = $-1.6 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.


BGSF  (NYSE:BGSF) 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, BGSF has a Sloan Ratio of -17.37%, indicating there is a warning stage of accrual build up.


BGSF Sloan Ratio % Related Terms

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BGSF Business Description

Traded in Other Exchanges
Address
5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024
BGSF Inc is a national provider of consulting, managed services, and professional workforce solutions. two segments: Property Management and Professional. In the Property Management segment is a provider of office and maintenance talent. The Professional segment provides IT professionals with expertise in SAP, Workday, Peoplesoft, Hyperion, Oracle, One Stream, cyber, project management, managed services, and other IT workforce solutions to client partners on a national basis. The group generates the majority of its revenue from the Professional segment.
Executives
Allen C. David Jr director 805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Beth Garvey officer: Chief Operating Officer 4528 DAFFODIL TRAIL, PLANO TX 75093
John R Barnett officer: CFO and Secretary 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Douglas Hailey director 861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll director 5850 GRANITE PARKWAY #730, PLANO TX 75024
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall director 5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach officer: CFO and Secretary C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Baker L. Allen Jr. director, officer: President and CEO 7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich officer: interim CFO and Secretary 158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge officer: CFO and Secretary 5000 LEGACY DR, SUITE 350, PLANO TX 75024