CEE (CENTRAL & EASTERN EUROPE FUND,) Sloan Ratio % : 0.00% (As of Oct. 2024)

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What is CENTRAL & EASTERN EUROPE FUND, 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.

CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio for the quarter that ended in Oct. 2024 was 0.00%.

As of Oct. 2024, CENTRAL & EASTERN EUROPE FUND, has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

CENTRAL & EASTERN EUROPE FUND, Sloan Ratio % Historical Data

The historical data trend for CENTRAL & EASTERN EUROPE FUND,'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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CENTRAL & EASTERN EUROPE FUND, Sloan Ratio % Chart

CENTRAL & EASTERN EUROPE FUND, Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Sloan Ratio %

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CENTRAL & EASTERN EUROPE FUND, Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Sloan Ratio %	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio %

For the Asset Management subindustry, CENTRAL & EASTERN EUROPE FUND,'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.

CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio % falls into.

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CENTRAL & EASTERN EUROPE FUND, 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.

CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Sloan Ratio	=	(Net Income (A: Oct. 2024 )	-	Cash Flow from Operations (A: Oct. 2024 )
	-	Cash Flow from Investing (A: Oct. 2024 ))	/	Total Assets (A: Oct. 2024 )
	=	(17.999	-	0
	-	0)	/	71.888
	=	25.04%

CENTRAL & EASTERN EUROPE FUND,'s Sloan Ratio for the quarter that ended in Oct. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Oct. 2024 )
	=	(18	-	0
	-	0)	/	71.888
	=	25.04%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. CENTRAL & EASTERN EUROPE FUND,'s Net Income for the trailing twelve months (TTM) ended in Oct. 2024 was 10.157 (Apr. 2024 ) + 7.843 (Oct. 2024 ) = $18.00 Mil.
CENTRAL & EASTERN EUROPE FUND,'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2024 was 0 (Apr. 2024 ) + 0 (Oct. 2024 ) = $0.00 Mil.
CENTRAL & EASTERN EUROPE FUND,'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2024 was 0 (Apr. 2024 ) + 0 (Oct. 2024 ) = $0.00 Mil.

CENTRAL & EASTERN EUROPE FUND, (NYSE:CEE) 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 Oct. 2024, CENTRAL & EASTERN EUROPE FUND, has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

CENTRAL & EASTERN EUROPE FUND, Sloan Ratio % Related Terms

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CENTRAL & EASTERN EUROPE FUND, Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CENTRAL & EASTERN EUROPE FUND, INC. (NYSE:CEE) » Definitions » Sloan Ratio %

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Address

875 Third Avenue, New York, NY, USA, 10022-6225

Website

https://www.dws.com

CENTRAL & EASTERN EUROPE FUND, INC. is a closed-end management investment company. The Fund's objective is to seek long-term capital appreciation. It invests in the equity or equity-linked securities of issuers domiciled in Central and Eastern Europe.

Executives

Bernhard Koepp	director	C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christopher Pleister	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Fiona Flannery	director	C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Rijs	officer: AML Compliance Officer	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Helen Delman	other: Section 16 Officer	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Holger Hatje	director	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Michelle S. Goveia	officer: AML Compliance Officer	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Alyssa Asbury	officer: Assistant Secretary	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Zugel	director	TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Wolfgang Helmut Leoni	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Diane George Kenneally	officer: Treasurer	C/O ANJIE LAROCCA, DEUTSCHE ASSET MGMT, 345 PARK AVENUE, NEW YORK NY 10154
Sheila Cadogan	officer: Assistant Treasurer	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Kenneth C Froewiss	director
Walter C. Dostmann	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Patrick Robert Mccarthy	other: Section 16 reporting person	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005