What is Bombay Cycle & Motor Agency 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.
As of Dec. 2024, Bombay Cycle & Motor Agency has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Bombay Cycle & Motor Agency Sloan Ratio % Historical Data
* 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.
Competitive Comparison of Bombay Cycle & Motor Agency's Sloan Ratio %
For the Conglomerates subindustry, Bombay Cycle & Motor Agency'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.
Bombay Cycle & Motor Agency's Sloan Ratio % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Bombay Cycle & Motor Agency's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Bombay Cycle & Motor Agency's Sloan Ratio % falls into.
Bombay Cycle & Motor Agency 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.
Bombay Cycle & Motor Agency's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 6.805 (Mar. 2024 ) + 9.503 (Jun. 2024 ) + 12.218 (Sep. 2024 ) + 0.279 (Dec. 2024 ) = ₹28.8 Mil.
Bombay Cycle & Motor Agency's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) + 0 (Dec. 2024 ) = ₹0.0 Mil.
Bombay Cycle & Motor Agency's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) + 0 (Dec. 2024 ) = ₹0.0 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.
Bombay Cycle & Motor Agency (BOM:501430) 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.
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, Bombay Cycle & Motor Agency has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Bombay Cycle & Motor Agency Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Bombay Cycle & Motor Agency's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bombay Cycle & Motor Agency Ltd is an India-based company with the main objective to undertake business of sales and servicing of motor cars. The company diversified its operations in Restaurant and Banquets services at its Hospitality Division situated at Opera House. The company operates in two segments which include Auto Division and Hospitality Division. Hospitality Division includes the sale of food and beverage. Auto Division includes servicing of cars.
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