What is Agility Public Warehousing Co 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 Sep. 2024, Agility Public Warehousing Co has a Sloan Ratio of -1.57%, indicating the company is in the safe zone and there is no funny business with accruals.
Agility Public Warehousing Co 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 Agility Public Warehousing Co's Sloan Ratio %
For the Airports & Air Services subindustry, Agility Public Warehousing Co'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.
Agility Public Warehousing Co's Sloan Ratio % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Agility Public Warehousing Co's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Agility Public Warehousing Co's Sloan Ratio % falls into.
Agility Public Warehousing Co 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.
Agility Public Warehousing Co's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 310.881 (Dec. 2023 ) + 223.178 (Mar. 2024 ) + 71.726 (Jun. 2024 ) + 120.515 (Sep. 2024 ) = د.إ726 Mil.
Agility Public Warehousing Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 926.755 (Dec. 2023 ) + 309.436 (Mar. 2024 ) + 645.439 (Jun. 2024 ) + 813.596 (Sep. 2024 ) = د.إ2,695 Mil.
Agility Public Warehousing Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -545.796 (Dec. 2023 ) + -330.176 (Mar. 2024 ) + -100.968 (Jun. 2024 ) + -233.125 (Sep. 2024 ) = د.إ-1,210 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.
Agility Public Warehousing Co (DFM:AGLTY) 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 Sep. 2024, Agility Public Warehousing Co has a Sloan Ratio of -1.57%, indicating the company is in the safe zone and there is no funny business with accruals.
Agility Public Warehousing Co Sloan Ratio % Related Terms
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Agility Public Warehousing Co Business Description
Agility Public Warehousing Co is a Kuwait-based company. The company's segment includes Controlled entities and Investments. It generates maximum revenue from the Controlled entities segment. The entities that are part of Controlled entities segment provides services that include real estate, fuel logistics, airplane ground handling and cleaning services, cargo and lounge management, customs operations and management, construction and remote site services, customs consulting and waste recycling. The company generates revenue from following sources that includes Logistics, Ground handling and airport services, and Rental services.
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