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CSLM (CSLM Acquisition) Sloan Ratio % : -230.58% (As of Sep. 2024)


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What is CSLM Acquisition 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.

CSLM Acquisition's Sloan Ratio for the quarter that ended in Sep. 2024 was -230.58%.

Warning Sign:

When sloan ratio (-275.18)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Sep. 2024, CSLM Acquisition has a Sloan Ratio of -230.58%, indicating earnings are more likely to be made up of accruals.


CSLM Acquisition Sloan Ratio % Historical Data

The historical data trend for CSLM Acquisition'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.

* Premium members only.

CSLM Acquisition Sloan Ratio % Chart

CSLM Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
- 99.74 -275.18

CSLM Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -272.41 -271.48 -230.58

Competitive Comparison of CSLM Acquisition's Sloan Ratio %

For the Shell Companies subindustry, CSLM Acquisition'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.


CSLM Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CSLM Acquisition's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CSLM Acquisition's Sloan Ratio % falls into.



CSLM Acquisition 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.

CSLM Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(4.627-2.61
-145.56)/52.163
=-275.18%

CSLM Acquisition's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(0.494-1.976
-35.153)/15.888
=-230.58%

CSLM Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 0.057 (Dec. 2023 ) + 0.148 (Mar. 2024 ) + 0.422 (Jun. 2024 ) + -0.133 (Sep. 2024 ) = $0.49 Mil.
CSLM Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0.622 (Dec. 2023 ) + 0.01 (Mar. 2024 ) + 0.805 (Jun. 2024 ) + 0.539 (Sep. 2024 ) = $1.98 Mil.
CSLM Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -0.878 (Dec. 2023 ) + -0.657 (Mar. 2024 ) + -1.134 (Jun. 2024 ) + 37.822 (Sep. 2024 ) = $35.15 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.


CSLM Acquisition  (NAS:CSLM) 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 Sep. 2024, CSLM Acquisition has a Sloan Ratio of -230.58%, indicating earnings are more likely to be made up of accruals.


CSLM Acquisition Sloan Ratio % Related Terms

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CSLM Acquisition Business Description

Traded in Other Exchanges
N/A
Address
2400 East Commercial Boulevard, Suite 900, Fort Lauderdale, FL, USA, 33308
CSLM Acquisition Corp, formerly Consilium Acquisition Corp I Ltd is a blank check company.
Executives
Cassel Charles T. Iii director, 10 percent owner, officer: CEO and CFO 3101 N. FEDERAL HIGHWAY, SUITE 502, FT. LAUDERDALE FL 33306
Jonathan Binder director, 10 percent owner, officer: Chairman C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FT. LAUDERDALE FL 33306
Consilium Acquisition Sponsor I, Llc 10 percent owner C/O WALKERS CORPORATE LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Peter Tropper director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Irakli Galauri director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Salman Alam director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Faisal Ghori officer: Chief Operating Officer C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306