What is Log-In Logistica Intermodal 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.
As of Dec. 2023, Log-In Logistica Intermodal has a Sloan Ratio of -8.36%, indicating the company is in the safe zone and there is no funny business with accruals.
Log-In Logistica Intermodal Sloan Ratio % Historical Data
* 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.
Competitive Comparison of Log-In Logistica Intermodal's Sloan Ratio %
For the Marine Shipping subindustry, Log-In Logistica Intermodal'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.
Log-In Logistica Intermodal's Sloan Ratio % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Log-In Logistica Intermodal's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Log-In Logistica Intermodal's Sloan Ratio % falls into.
Log-In Logistica Intermodal 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.
Log-In Logistica Intermodal's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 38.394 (Mar. 2023 ) + 17.036 (Jun. 2023 ) + 40.544 (Sep. 2023 ) + -35.871 (Dec. 2023 ) = R$60 Mil.
Log-In Logistica Intermodal's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 144.082 (Mar. 2023 ) + 90.407 (Jun. 2023 ) + 140.254 (Sep. 2023 ) + 130.886 (Dec. 2023 ) = R$506 Mil.
Log-In Logistica Intermodal's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -1.77 (Mar. 2023 ) + 10.087 (Jun. 2023 ) + 25.344 (Sep. 2023 ) + -176.72 (Dec. 2023 ) = R$-143 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.
Log-In Logistica Intermodal (BSP:LOGN3) 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.
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. 2023, Log-In Logistica Intermodal has a Sloan Ratio of -8.36%, indicating the company is in the safe zone and there is no funny business with accruals.
Log-In Logistica Intermodal Sloan Ratio % Related Terms
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Log-In Logistica Intermodal (BSP:LOGN3) Business Description
Log-In Logistica Intermodal SA is a Brazil-based logistics operator. It is engaged in the activities of long-haul maritime trade, general river and coastal transport of cargo, the operation of inland and port terminals. The company offers integrated solutions for port handling and door-to-door container transport, by sea, supplemented by distance road transportation and storage of cargo using inland intermodal terminals, and maritime bulk shipping. Its segment includes Integrated Logistics Solutions; Port Terminal and Road Cargo Transport. The company generates maximum revenue from the Integrated Logistics Solutions segment.
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