GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bluescape Opportunities Acquisition Corp (NYSE:BOAC) » Definitions » Sloan Ratio %

Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Sloan Ratio % : 0.00% (As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Bluescape Opportunities Acquisition 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.

Bluescape Opportunities Acquisition's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-669.28)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Jun. 2023, Bluescape Opportunities Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Bluescape Opportunities Acquisition Sloan Ratio % Historical Data

The historical data trend for Bluescape Opportunities Acquisition'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.

Bluescape Opportunities Acquisition Sloan Ratio % Chart

Bluescape Opportunities Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
- - -669.28

Bluescape Opportunities Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Bluescape Opportunities Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Bluescape Opportunities Acquisition'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.


Bluescape Opportunities Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bluescape Opportunities Acquisition's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Bluescape Opportunities Acquisition's Sloan Ratio % falls into.



Bluescape Opportunities Acquisition 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.

Bluescape Opportunities Acquisition'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 )
=(32.492--0.922
-536.494)/75.167
=-669.28%

Bluescape Opportunities Acquisition's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(8.722--0.633
-0)/74.936
=12.48%

Bluescape Opportunities Acquisition's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 5.359 (Sep. 2022 ) + -1.15 (Dec. 2022 ) + 0.279 (Mar. 2023 ) + 4.234 (Jun. 2023 ) = $8.72 Mil.
Bluescape Opportunities Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -0.159 (Sep. 2022 ) + -0.289 (Dec. 2022 ) + -0.125 (Mar. 2023 ) + -0.06 (Jun. 2023 ) = $-0.63 Mil.
Bluescape Opportunities Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) = $0.00 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.


Bluescape Opportunities Acquisition  (NYSE:BOAC) 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. 2023, Bluescape Opportunities Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Bluescape Opportunities Acquisition Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Bluescape Opportunities Acquisition's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 1860, Dallas, TX, USA, 75201
Bluescape Opportunities Acquisition Corp is a special purpose acquisition company focused on essential assets and is formed to enter into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Brahman Capital Corp. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Nomura Holdings Inc 10 percent owner 1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Nomura Global Financial Products Inc 10 percent owner WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Mitchell Andrew Kuflik 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Robert Joseph Sobel 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Brahman Management, L.l.c. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Hebert Curtis L Jr director
C John Wilder director, 10 percent owner, officer: Chairman & CEO ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jonathan A Siegler director, officer: Pres & Chief Operating Officer 1601 BRYAN STREET, DALLAS TX 75201
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Bluescape Sponsor Llc 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Lillian Meyer officer: Chief Financial Officer C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201

Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Headlines