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Borosil Scientific (BOM:544184) Sloan Ratio % : 0.00% (As of Dec. 2024)


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What is Borosil Scientific 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.

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

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


Borosil Scientific Sloan Ratio % Historical Data

The historical data trend for Borosil Scientific'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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Borosil Scientific Sloan Ratio % Chart

Borosil Scientific Annual Data
Trend Mar22 Mar23 Mar24
Sloan Ratio %
19.14 29.62 -0.85

Borosil Scientific Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Borosil Scientific's Sloan Ratio %

For the Packaging & Containers subindustry, Borosil Scientific'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.


Borosil Scientific's Sloan Ratio % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Borosil Scientific's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Borosil Scientific's Sloan Ratio % falls into.


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Borosil Scientific 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.

Borosil Scientific'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 )
=(234.815-300.015
--23.412)/4931.849
=-0.85%

Borosil Scientific'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 )
=(273.507-0
-0)/0
=%

Borosil Scientific's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 92.168 (Mar. 2024 ) + 50.368 (Jun. 2024 ) + 87.936 (Sep. 2024 ) + 43.035 (Dec. 2024 ) = ₹274 Mil.
Borosil Scientific'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.
Borosil Scientific'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.


Borosil Scientific  (BOM:544184) 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, Borosil Scientific has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Borosil Scientific Sloan Ratio % Related Terms

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Borosil Scientific Business Description

Traded in Other Exchanges
Address
No- 1101, Crescenzo, G-Block, Opposite MCA Club, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
Borosil Scientific Ltd manufactures Glass Ampoules and Tubular Glass Vials used as primary packaging materials by pharmaceutical companies. The company has two business segments: Scientificware, which manufactures and trades items used in laboratories, scientific ware, and pharmaceutical packaging; and Consumerware: Comprising of manufacturing of items for domestic use. The majority of its revenue is generated from the Scientificware segment.

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