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.
Wilson Sons's Sloan Ratio for the quarter that ended in Dec. 2024 was -5.91%.
As of Dec. 2024, Wilson Sons has a Sloan Ratio of -5.91%, indicating the company is in the safe zone and there is no funny business with accruals.
Wilson Sons Sloan Ratio % Historical Data
The historical data trend for Wilson Sons'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.
Competitive Comparison of Wilson Sons's Sloan Ratio %
For the Marine Shipping subindustry, Wilson Sons'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.
Wilson Sons's Sloan Ratio % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Wilson Sons's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Wilson Sons's Sloan Ratio % falls into.
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.
Wilson Sons's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as
Wilson Sons's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 104.345 (Mar. 2024 ) + 43.772 (Jun. 2024 ) + 216.561 (Sep. 2024 ) + 119.998 (Dec. 2024 ) = R$485 Mil.
Wilson Sons's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 218.274 (Mar. 2024 ) + 242.064 (Jun. 2024 ) + 308.543 (Sep. 2024 ) + 280.087 (Dec. 2024 ) = R$1,049 Mil.
Wilson Sons's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -51.705 (Mar. 2024 ) + -67.123 (Jun. 2024 ) + -13.372 (Sep. 2024 ) + -35.712 (Dec. 2024 ) = R$-168 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.
Wilson Sons (BSP:PORT3) 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. 2024, Wilson Sons has a Sloan Ratio of -5.91%, indicating the company is in the safe zone and there is no funny business with accruals.
Wilson Sons Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Wilson Sons's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Wilson Sons SA is an integrated port and maritime logistics operator in Brazil. The portfolio includes specialized solutions in port terminals, maritime towage, logistics, maritime agency, and support for exploration and development of the oil and gas and naval industries. Its customers include ship owners, importers and exporters, companies in the oil and gas industry, as well as other participants in various sectors of the economy. The company's business units include Rio Grande Container Terminal, Salvador Container Terminal, Santo Andre Logistics Centre, International Logistics, Tugboats, Shipping Agency, Shipyards, Offshore Support Bases, and Offshore Support Vessels.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BSP:PORT3 has been successfully added to your 