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Indus Infra Trust (BOM:544137) Sloan Ratio % : 0.00% (As of Jun. 2024)


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What is Indus Infra Trust 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.

Indus Infra Trust's Sloan Ratio for the quarter that ended in Jun. 2024 was 0.00%.

As of Jun. 2024, Indus Infra Trust has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Indus Infra Trust Sloan Ratio % Historical Data

The historical data trend for Indus Infra Trust'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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Indus Infra Trust Sloan Ratio % Chart

Indus Infra Trust Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
34.15 24.53 11.05 2,630.25 0.62

Indus Infra Trust Quarterly Data
Mar20 Mar21 Mar22 Jun22 Mar23 Jun23 Sep23 Mar24 Jun24
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Competitive Comparison of Indus Infra Trust's Sloan Ratio %

For the Asset Management subindustry, Indus Infra Trust'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.


Indus Infra Trust's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Indus Infra Trust's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Indus Infra Trust's Sloan Ratio % falls into.



Indus Infra Trust 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.

Indus Infra Trust'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 )
=(148.06-1287.12
--1526.43)/62594.11
=0.62%

Indus Infra Trust's Sloan Ratio for the quarter that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2024 )
=(2124.31-0
-0)/0
=%

Indus Infra Trust's Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was -1.73 (Jun. 2023 ) + 1015.26 (Sep. 2023 ) + 0 (Mar. 2024 ) + 1110.78 (Jun. 2024 ) = ₹2,124.3 Mil.
Indus Infra Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 2024 ) = ₹0.0 Mil.
Indus Infra Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 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.


Indus Infra Trust  (BOM:544137) 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 Jun. 2024, Indus Infra Trust has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Indus Infra Trust Business Description

Comparable Companies
Traded in Other Exchanges
Address
Plot No. 18, Sector 18, Novus Tower, Second Floor, Gurugram, HR, IND, 122 015
Indus Infra Trust is an infrastructure investment trust established to acquire, manage and invest in a portfolio of infrastructure assets across sectors and/or securities of companies engaged in the infrastructure sector.

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