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Amathus Public (CYS:ANC) Sloan Ratio % : 0.00% (As of Jun. 2021)


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What is Amathus Public 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.

Amathus Public's Sloan Ratio for the quarter that ended in Jun. 2021 was 0.00%.

As of Jun. 2021, Amathus Public has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Amathus Public Sloan Ratio % Historical Data

The historical data trend for Amathus Public'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.

Amathus Public Sloan Ratio % Chart

Amathus Public Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 5.43 8.29 -0.68 -6.52

Amathus Public Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Amathus Public's Sloan Ratio %

For the Resorts & Casinos subindustry, Amathus Public'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.


Amathus Public's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Amathus Public's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Amathus Public's Sloan Ratio % falls into.



Amathus Public 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.

Amathus Public's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-3.298-0.31
-0.176)/58.045
=-6.52%

Amathus Public's Sloan Ratio for the quarter that ended in Jun. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2021 )
=(-1.669-0
-0)/57.89
=-2.88%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Amathus Public's Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was -1.013 (Dec. 2020 ) + -0.656 (Jun. 2021 ) = €-1.67 Mil.
Amathus Public's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2021 was 0 (Dec. 2020 ) + 0 (Jun. 2021 ) = €0.00 Mil.
Amathus Public's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2021 was 0 (Dec. 2020 ) + 0 (Jun. 2021 ) = €0.00 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.


Amathus Public  (CYS:ANC) 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 Jun. 2021, Amathus Public has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Amathus Public Sloan Ratio % Related Terms

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Amathus Public Business Description

Traded in Other Exchanges
N/A
Address
17 Homer Avenue, P.O. Box 21601, Nicosia, CYP, 1511
Amathus Public Ltd is a Cyprus-based company operates in resorts and casinos business. The company is primarily involved in a wide spectrum of business activities which are transport, travel, and tourism. Through its fully owned subsidiary, it provides a wide span of services ranging from cargo transportation and logistics to ship agency and chartering and from airline representation to corporate and leisure travel. In addition, it also has a portfolio of investments in hotels and hotel management companies. All the activities are functioned through the region if Cyprus.

Amathus Public Headlines

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