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Arteca Jilava (BSE:ARJI) Sloan Ratio % : 0.00% (As of . 20)


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What is Arteca Jilava 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.

Arteca Jilava's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Arteca Jilava has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Arteca Jilava Sloan Ratio % Historical Data

The historical data trend for Arteca Jilava'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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Arteca Jilava Sloan Ratio % Chart

Arteca Jilava Annual Data
Trend
Sloan Ratio %

Arteca Jilava Quarterly Data
Sloan Ratio %

Competitive Comparison of Arteca Jilava's Sloan Ratio %

For the Specialty Chemicals subindustry, Arteca Jilava'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.


Arteca Jilava's Sloan Ratio % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arteca Jilava's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Arteca Jilava's Sloan Ratio % falls into.



Arteca Jilava 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.

Arteca Jilava's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

Arteca Jilava's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

Arteca Jilava 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 . 20.

* 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.


Arteca Jilava  (BSE:ARJI) 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 . 20, Arteca Jilava has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Arteca Jilava Sloan Ratio % Related Terms

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Arteca Jilava (BSE:ARJI) Business Description

Traded in Other Exchanges
N/A
Address
Prel. sos. giurgiului 33A, Jilava, ROU
Arteca Jilava SA is a manufacturer of rubber products. Its product line includes conveyer belts and hoses, gaskets, various articles of rubber flooring like technical rubber sheets, automotive articles, ebonite articles and military defense products, among others. The largest share of the company's turnover consists of the production and marketing revenues of hoses, conveyor belts and rubber sheets.

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