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I.C.C.International PCL (BKK:ICC-R) Sloan Ratio % : 2.18% (As of Mar. 2025)


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What is I.C.C.International PCL 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.

I.C.C.International PCL's Sloan Ratio for the quarter that ended in Mar. 2025 was 2.18%.

As of Mar. 2025, I.C.C.International PCL has a Sloan Ratio of 2.18%, indicating the company is in the safe zone and there is no funny business with accruals.


I.C.C.International PCL Sloan Ratio % Historical Data

The historical data trend for I.C.C.International PCL'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.

I.C.C.International PCL Sloan Ratio % Chart

I.C.C.International PCL 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 -3.79 -0.16 3.38 -0.04 -0.24

I.C.C.International PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.06 -0.91 -2.18 -0.24 2.18

Competitive Comparison of I.C.C.International PCL's Sloan Ratio %

For the Apparel Retail subindustry, I.C.C.International PCL'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.


I.C.C.International PCL's Sloan Ratio % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where I.C.C.International PCL's Sloan Ratio % falls into.


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I.C.C.International PCL 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.

I.C.C.International PCL'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 )
=(982.952--24.095
-1093.965)/35522.324
=-0.24%

I.C.C.International PCL's Sloan Ratio for the quarter that ended in Mar. 2025 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2025 )
=(1525.299--171.359
-924.29)/35479.079
=2.18%

I.C.C.International PCL's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was 971.954 (Jun. 2024 ) + -51.113 (Sep. 2024 ) + -3.026 (Dec. 2024 ) + 607.484 (Mar. 2025 ) = ฿1,525 Mil.
I.C.C.International PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was 105.643 (Jun. 2024 ) + -59.561 (Sep. 2024 ) + -85.786 (Dec. 2024 ) + -131.655 (Mar. 2025 ) = ฿-171 Mil.
I.C.C.International PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2025 was 477.427 (Jun. 2024 ) + 678.975 (Sep. 2024 ) + 93.63 (Dec. 2024 ) + -325.742 (Mar. 2025 ) = ฿924 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.


I.C.C.International PCL  (BKK:ICC-R) 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. 2025, I.C.C.International PCL has a Sloan Ratio of 2.18%, indicating the company is in the safe zone and there is no funny business with accruals.


I.C.C.International PCL Sloan Ratio % Related Terms

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I.C.C.International PCL Business Description

Traded in Other Exchanges
Address
530 Soi Sathupradit 58, Bang Phong Phang Subdistrict, Yannawa District, Bangkok, THA, 10120
I.C.C.International PCL is engaged in distributing consumer products. The segment in which the group operates includes Cosmetics-Toiletries & Perfumeries, Women's Apparel, Men's Apparel and Household products. It offers products such as sportswear and equipment, children's wear, leatherwear, timepieces, household products, food, and food supplements, medical supplies, drinking water, personal care products, bags, shoes, accessories, and others. The Group is managed and operated principally in Thailand, there are no material revenues derived from, or assets located in foreign countries.

I.C.C.International PCL Headlines

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