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Universal Autofoundry (BOM:539314) Sloan Ratio % : 0.00% (As of Dec. 2024)


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What is Universal Autofoundry 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.

Universal Autofoundry's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.00%.

As of Dec. 2024, Universal Autofoundry has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Universal Autofoundry Sloan Ratio % Historical Data

The historical data trend for Universal Autofoundry'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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Universal Autofoundry Sloan Ratio % Chart

Universal Autofoundry Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.10 3.29 -1.60 11.22 15.57

Universal Autofoundry Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

Competitive Comparison of Universal Autofoundry's Sloan Ratio %

For the Auto Parts subindustry, Universal Autofoundry'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.


Universal Autofoundry's Sloan Ratio % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Universal Autofoundry's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Universal Autofoundry's Sloan Ratio % falls into.


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Universal Autofoundry 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.

Universal Autofoundry'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 )
=(48.924-202.933
--356.403)/1299.503
=15.57%

Universal Autofoundry's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(17.005-0
-0)/1300.11
=1.31%

Universal Autofoundry's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 17.575 (Mar. 2024 ) + 10.645 (Jun. 2024 ) + 9.374 (Sep. 2024 ) + -20.589 (Dec. 2024 ) = ₹17 Mil.
Universal Autofoundry'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 Mil.
Universal Autofoundry'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 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.


Universal Autofoundry  (BOM:539314) 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. 2024, Universal Autofoundry has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Universal Autofoundry Sloan Ratio % Related Terms

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Universal Autofoundry Business Description

Traded in Other Exchanges
N/A
Address
B-307, Road Number 16, V.K.I. Area, Jaipur, RJ, IND, 302013
Universal Autofoundry Ltd is engaged in the manufacturing of iron castings. The company manufactures castings components in grey iron and ductile iron, for the automotive sector. It supplies castings in machined, and as cast condition with surface treatment as per requirements. In addition, it also offers products to various industries such as commercial vehicles, tractors, passenger cars, earthmovers, and construction. Its other products comprise suspension brackets, differential housing, hubs, brake drum, flywheels, adjuster nuts, pulleys, and dampers which has application in the commercial vehicle and engineering industry.

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