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Muthoot Microfin (BOM:544055) Sloan Ratio % : 0.00% (As of Dec. 2024)


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What is Muthoot Microfin 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.

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

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


Muthoot Microfin Sloan Ratio % Historical Data

The historical data trend for Muthoot Microfin'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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Muthoot Microfin Sloan Ratio % Chart

Muthoot Microfin Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
17.90 21.55 31.38 24.16

Muthoot Microfin Quarterly Data
Mar21 Mar22 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 - - - - -

Competitive Comparison of Muthoot Microfin's Sloan Ratio %

For the Credit Services subindustry, Muthoot Microfin'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.


Muthoot Microfin's Sloan Ratio % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Muthoot Microfin's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Muthoot Microfin's Sloan Ratio % falls into.


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Muthoot Microfin 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.

Muthoot Microfin'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 )
=(4495.83--21252.61
--2253.28)/115902.26
=24.16%

Muthoot Microfin'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 )
=(2983.9-0
-0)/0
=%

Muthoot Microfin's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 1197.61 (Mar. 2024 ) + 1132.23 (Jun. 2024 ) + 616.06 (Sep. 2024 ) + 38 (Dec. 2024 ) = ₹2,984 Mil.
Muthoot Microfin'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.
Muthoot Microfin'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.


Muthoot Microfin  (BOM:544055) 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, Muthoot Microfin has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Muthoot Microfin Sloan Ratio % Related Terms

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Muthoot Microfin Business Description

Traded in Other Exchanges
Address
Muthoot Towers M.G. Road, 5th Floor, Kochi, KL, IND, 682035
Muthoot Microfin Ltd is a microfinance institution providing micro-loans to women customers with a focus on rural regions of India. The company offers loan products such as group loans for livelihood solutions such as income generating loans, Pragathi loans, and individual loans; life betterment solutions including mobile phones loans, solar lighting product loans, and household appliances product loans; health and hygiene loans such as sanitation improvement loans; and secured loans in the form of gold loans and Muthoot Small & Growing Business loans.

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