GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Frontier Acquisition Corp (NAS:FRON) » Definitions » Sloan Ratio %

Frontier Acquisition (Frontier Acquisition) Sloan Ratio % : 0.00% (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Frontier 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.

Frontier Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Frontier Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Frontier Acquisition Sloan Ratio % Historical Data

The historical data trend for Frontier 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.

Frontier Acquisition Sloan Ratio % Chart

Frontier Acquisition Annual Data
Trend Dec21
Sloan Ratio %
100.92

Frontier Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Frontier Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Frontier 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.


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

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

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



Frontier 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.

Frontier Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(1.843--1.186
--230)/230.904
=100.92%

Frontier Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(5.296--0.279
-0)/231.554
=2.41%

Frontier Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was 0.222 (Dec. 2021 ) + 1.624 (Mar. 2022 ) + 1.794 (Jun. 2022 ) + 1.656 (Sep. 2022 ) = $5.30 Mil.
Frontier Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.02 (Dec. 2021 ) + -0.127 (Mar. 2022 ) + -0.096 (Jun. 2022 ) + -0.036 (Sep. 2022 ) = $-0.28 Mil.
Frontier Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $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.


Frontier Acquisition  (NAS:FRON) 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. 2022, Frontier Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Frontier Acquisition Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Frontier Acquisition's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Acquisition (Frontier Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
660 Madison Avenue, 19th Floor, New York, NY, USA, 10065
Website
Frontier Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jonathan Christodoro director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Rick Matthew Gerson director, officer: Co-President 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Ryan Khoury officer: Co-President C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Cathy Ann Weist officer: General Counsel and Secretary C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Matthew Corey officer: Chief Financial Officer C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Scott Christopher Carpenter officer: Chief Operating Officer C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Christian Angermayer director, officer: Chief Executive Officer BLOCK A, APT.12, IL-PIAZZETTA, TOWER ROAD, SLIEMA O1 SLM1605
David Sinclair director C/O SIRTRIS PHARMACEUTICALS, INC., 790 MEMORIAL DRIVE, SUITE 104, CAMBRIDGE MA 02139
Frontier Acquisition Sponsor Llc 10 percent owner C/O FALCON EDGE CAPITAL, 660 MADISON AVENUE, NEW YORK NY 10065
Peter Attia director C/O PIONEER MERGER CORP., 660 MADISON AVENUE, NEW YORK NY 10065