BONL (Bonal International) Sloan Ratio %: 16.03% (As of Mar. 2023)

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BONL Bonal International Inc BONL
43 GF Score
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What is Bonal International Sloan Ratio %?

Bonal International BONL 43 Sloan Ratio % is 16.03% as of Mar. 2023. GuruFocus rates BONL with a GF Score™ of 43/100.

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.

Bonal International's Sloan Ratio for the quarter that ended in Mar. 2023 was 16.03%.

As of Mar. 2023, Bonal International has a Sloan Ratio of 16.03%, indicating there is a warning stage of accrual build up.


Bonal International  (OTCPK:BONL) 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 Mar. 2023, Bonal International has a Sloan Ratio of 16.03%, indicating there is a warning stage of accrual build up.


Bonal International Sloan Ratio % Related Terms


Bonal International Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Bonal International'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.

Bonal International Sloan Ratio % Chart

Bonal International Annual Data
Trend Mar21 Mar22 Mar23
Sloan Ratio %
0.00 2.30 16.03

Bonal International Semi-Annual Data
Mar21 Mar22 Mar23
Sloan Ratio % 0.00 2.30 16.03

BONL vs BRBL, ATVK, JKSM: Sloan Ratio % Comparison

For the Specialty Industrial Machinery subindustry, Bonal International'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.


Bonal International Sloan Ratio % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bonal International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Bonal International's Sloan Ratio % falls into.


BONL
43GF Score
Bonal International Inc BONL
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonal International 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.

Bonal International's Sloan Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2023 )-Cash Flow from Operations (A: Mar. 2023 )
-Cash Flow from Investing (A: Mar. 2023 ))/Total Assets (A: Mar. 2023 )
=(0.051--0.253
--0.011)/1.965
=16.03%

Bonal International's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(-
-)/
=%

Bonal International does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023.

* 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 16.03% mean?
Bonal International (BONL) has a Sloan Ratio % of 16.03% as of Mar. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Bonal International and its competitors.
Is Bonal International's Sloan Ratio % too high?
Bonal International's current Sloan Ratio % is 16.03%. Overall, Bonal International has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Bonal International's Sloan Ratio % compare to BRBL and ATVK?
Bonal International's Sloan Ratio % of 16.03% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Industrial Products company?
A good Sloan Ratio % depends on the Industrial Products industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Bonal International and its competitors. Bonal International's current Sloan Ratio % is 16.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonal International stock overvalued right now?
Bonal International (BONL) has a current Sloan Ratio % of 16.03%. The current Sloan Ratio % is 16.03%. Bonal International's overall GF Score™ is 43/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Bonal International (BONL), the current Sloan Ratio % is 16.03% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bonal International Business Description

Address 1300 North Campbell Road, Royal Oak, MI, USA, 48067
Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.
43GF Score

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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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