Green Cross Co (FSE:7533) Sloan Ratio %: 0.00% (As of Apr. 2024)

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FSE:7533 Green Cross Co Ltd FSE:7533
12 GF Score
Price 円1,257.00
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What is Green Cross Co Sloan Ratio %?

Green Cross Co FSE:7533 12 Sloan Ratio % is 0.00% as of Apr. 2024. GuruFocus rates FSE:7533 with a GF Score™ of 12/100.

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.

Green Cross Co's Sloan Ratio for the quarter that ended in Apr. 2024 was 0.00%.

As of Apr. 2024, Green Cross Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Green Cross Co  (FSE:7533) 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 Apr. 2024, Green Cross Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Green Cross Co Sloan Ratio % Related Terms


Green Cross Co Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Green Cross Co'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.

Green Cross Co Sloan Ratio % Chart

Green Cross Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 -0.59 0.56 14.30 6.22

Green Cross Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.00 0.00 0.00 0.00 0.00

FSE:7533 vs URI, AER, FTAI: Sloan Ratio % Comparison

For the Rental & Leasing Services subindustry, Green Cross 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.


Green Cross Co Sloan Ratio % vs Business Services Industry

For the Business Services industry and Industrials sector, Green Cross Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Green Cross Co's Sloan Ratio % falls into.


FSE:7533
12GF Score
Green Cross Co Ltd FSE:7533
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Cross 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.

Green Cross Co's Sloan Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Sloan Ratio=(Net Income (A: Apr. 2024 )-Cash Flow from Operations (A: Apr. 2024 )
-Cash Flow from Investing (A: Apr. 2024 ))/Total Assets (A: Apr. 2024 )
=(1138.693-3121.377
--3566.639)/25452.812
=6.22%

Green Cross Co's Sloan Ratio for the quarter that ended in Apr. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Apr. 2024 )
=(1138.693-0
-0)/25452.812
=4.47%

Green Cross Co's Net Income for the trailing twelve months (TTM) ended in Apr. 2024 was 197.095 (Jul. 2023 ) + 292.266 (Oct. 2023 ) + 270.575 (Jan. 2024 ) + 378.757 (Apr. 2024 ) = 円1,139 Mil.
Green Cross Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2024 was 0 (Jul. 2023 ) + 0 (Oct. 2023 ) + 0 (Jan. 2024 ) + 0 (Apr. 2024 ) = 円0 Mil.
Green Cross Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2024 was 0 (Jul. 2023 ) + 0 (Oct. 2023 ) + 0 (Jan. 2024 ) + 0 (Apr. 2024 ) = 円0 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Green Cross Co (FSE:7533) has a Sloan Ratio % of 0.00% as of Apr. 2024. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Green Cross Co and its competitors.
Is Green Cross Co's Sloan Ratio % too high?
Green Cross Co's current Sloan Ratio % is 0.00%. Overall, Green Cross Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Green Cross Co's Sloan Ratio % compare to URI and AER?
Green Cross Co's Sloan Ratio % of 0.00% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Business Services company?
A good Sloan Ratio % depends on the Business Services industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Green Cross Co and its competitors. Green Cross Co's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Co stock overvalued right now?
Green Cross Co (FSE:7533) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Green Cross Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Green Cross Co (FSE:7533), the current Sloan Ratio % is 0.00% as of Apr. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Cross Co Business Description

Address No. 34 No. 22 Ozasa 5-chome, Chuo-ku, Fukuoka, JPN
Green Cross Co Ltd is a Japan-based company that engages in the manufacture, sale, and rental of safety items. Its products include road safety materials, disaster prevention necessities, safety equipment, protection gear, and signboards and tags.
12GF Score

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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,257.00
Price