Kalpataru Projects International (BOM:522287) Sloan Ratio % : 0.00% (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Kalpataru Projects International 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.

Kalpataru Projects International's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

As of Mar. 2024, Kalpataru Projects International has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Kalpataru Projects International Sloan Ratio % Historical Data

The historical data trend for Kalpataru Projects International'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.

Kalpataru Projects International Sloan Ratio % Chart

Kalpataru Projects International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Sloan Ratio %

Get a 7-Day Free Trial

1.27

-1.74

0.47

0.57

-0.32

Kalpataru Projects International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Sloan Ratio %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Kalpataru Projects International's Sloan Ratio %

For the Engineering & Construction subindustry, Kalpataru Projects International'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.

Kalpataru Projects International's Sloan Ratio % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kalpataru Projects International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Kalpataru Projects International's Sloan Ratio % falls into.

Kalpataru Projects International 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.

Kalpataru Projects International's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Sloan Ratio	=	(Net Income (A: Mar. 2024 )	-	Cash Flow from Operations (A: Mar. 2024 )
	-	Cash Flow from Investing (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2024 )
	=	(5100	-	8430
	-	-2630)	/	220380
	=	-0.32%

Kalpataru Projects International's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Mar. 2024 )
	=	(5100	-	0
	-	0)	/	220380
	=	2.31%

Kalpataru Projects International's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 1150 (Jun. 2023 ) + 890 (Sep. 2023 ) + 1410 (Dec. 2023 ) + 1650 (Mar. 2024 ) = ₹5,100 Mil.
Kalpataru Projects International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = ₹0 Mil.
Kalpataru Projects International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = ₹0 Mil.

Kalpataru Projects International (BOM:522287) 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. 2024, Kalpataru Projects International has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Kalpataru Projects International Sloan Ratio % Related Terms

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

Kalpataru Projects International (BOM:522287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kalpataru Projects International Ltd (BOM:522287) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

KPIL:India

Address

Kalpataru Synergy, 7th Floor, Opposite Grand Hyatt Hotel, Vakola, Santa Cruz (East), Mumbai, MH, IND, 400055

Website

https://www.kalpatarupower.com

Kalpataru Projects International Ltd is a construction company headquartered in India, with activities in the power transmission and infrastructure space. Kalpataru is organized into two operating units: Engineering, Procurement and Construction, or EPC, and Developmental Project businesses. In its EPC business, Kalpataru undertakes infrastructure projects such as power transmission and distribution, civil construction, and oil and gas pipeline placement. The EPC operating unit generates most of the company's revenue. The firm's developmental project business consists of developing, operating, and maintaining infrastructure projects.

Kalpataru Projects International (BOM:522287) Headlines

No Headlines