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S Kumars Online (BOM:532316) Sloan Ratio % : 0.00% (As of Dec. 2022)


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What is S Kumars Online 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.

S Kumars Online's Sloan Ratio for the quarter that ended in Dec. 2022 was 0.00%.

As of Dec. 2022, S Kumars Online has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


S Kumars Online Sloan Ratio % Historical Data

The historical data trend for S Kumars Online'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.

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S Kumars Online Sloan Ratio % Chart

S Kumars Online Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Sloan Ratio %
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S Kumars Online Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of S Kumars Online's Sloan Ratio %

For the Information Technology Services subindustry, S Kumars Online'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.


S Kumars Online's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, S Kumars Online's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where S Kumars Online's Sloan Ratio % falls into.



S Kumars Online 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.

S Kumars Online's Sloan Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2022 )-Cash Flow from Operations (A: Mar. 2022 )
-Cash Flow from Investing (A: Mar. 2022 ))/Total Assets (A: Mar. 2022 )
=(-1.652--0.629
-0)/7.023
=-14.57%

S Kumars Online's Sloan Ratio for the quarter that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2022 )
=(-1.01-0
-0)/0
=%

S Kumars Online's Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was -0.02 (Mar. 2022 ) + -0.403 (Jun. 2022 ) + -0.309 (Sep. 2022 ) + -0.278 (Dec. 2022 ) = ₹-1.01 Mil.
S Kumars Online's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2022 was 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Dec. 2022 ) = ₹0.00 Mil.
S Kumars Online's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2022 was 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Dec. 2022 ) = ₹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.


S Kumars Online  (BOM:532316) 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. 2022, S Kumars Online has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


S Kumars Online Sloan Ratio % Related Terms

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S Kumars Online (BOM:532316) Business Description

Traded in Other Exchanges
N/A
Address
G.K.Marg, Worli, Avadh Building, Avadhesh Parisar, Shree Ram Mill Premises, Mumbai, MH, IND, 400 018
S Kumars Online Ltd is principally engaged in the related to the computer, hardware, software and satellite E-commerce, Electronic Shopping, Management, and Technical Consulting Services. Geographically it operates through the region of India. The company generates revenue through one segment including I. T. Management Consultancy.

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