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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Sloan Ratio % : 0.00% (As of Dec. 2021)


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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Sloan Ratio for the quarter that ended in Dec. 2021 was 0.00%.

As of Dec. 2021, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Sloan Ratio % Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Sloan Ratio % Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only -0.52 1.54 -1.43 -0.28 -2.58

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Dec22
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 -1.43 -1.32 - - -

Competitive Comparison of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Sloan Ratio %

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Sloan Ratio % falls into.



Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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 )
=(40.675-153.98
--1.436)/4330.683
=-2.58%

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Sloan Ratio for the quarter that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2021 )
=(9.003-76.066
--0.173)/4701.862
=-1.42%

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was 4.18 (Mar. 2020 ) + 4.823 (Jun. 2020 ) + 0 (Dec. 2020 ) + 0 (Dec. 2021 ) = $9.0 Mil.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2021 was 126.676 (Mar. 2020 ) + -50.61 (Jun. 2020 ) + 0 (Dec. 2020 ) + 0 (Dec. 2021 ) = $76.1 Mil.
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2021 was -0.085 (Mar. 2020 ) + -0.088 (Jun. 2020 ) + 0 (Dec. 2020 ) + 0 (Dec. 2021 ) = $-0.2 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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (OTCPK:BNZIF) 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. 2021, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Sloan Ratio % Related Terms

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

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