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Golden Falcon Acquisition (Golden Falcon Acquisition) Sloan Ratio % : 0.00% (As of Mar. 2023)


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What is Golden Falcon 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.

Golden Falcon Acquisition's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

As of Mar. 2023, Golden Falcon Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Golden Falcon Acquisition Sloan Ratio % Historical Data

The historical data trend for Golden Falcon 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.

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Golden Falcon Acquisition Sloan Ratio % Chart

Golden Falcon Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
- - -684.45

Golden Falcon Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Golden Falcon Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Golden Falcon 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.


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

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

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



Golden Falcon 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.

Golden Falcon Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(13.803--1.446
-307.367)/42.679
=-684.45%

Golden Falcon Acquisition's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(1.211--1.656
-0.04)/43.158
=6.55%

Golden Falcon Acquisition's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was 4.56 (Jun. 2022 ) + 1.256 (Sep. 2022 ) + -1.396 (Dec. 2022 ) + -3.209 (Mar. 2023 ) = $1.21 Mil.
Golden Falcon Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -0.13 (Jun. 2022 ) + -0.692 (Sep. 2022 ) + -0.527 (Dec. 2022 ) + -0.307 (Mar. 2023 ) = $-1.66 Mil.
Golden Falcon Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 0.04 (Mar. 2023 ) = $0.04 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.


Golden Falcon Acquisition  (NYSE:GFX) 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 Mar. 2023, Golden Falcon Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Golden Falcon Acquisition Sloan Ratio % Related Terms

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Golden Falcon Acquisition (Golden Falcon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204, Newark, DE, USA, 19711
Golden Falcon Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson 10 percent owner 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Martin Pompadur director
Scott J Freidheim director 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Eli Muraidekh director, officer: Chief Financial Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Basnage De Beauval John M. officer: General Counsel and Secretary C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Xavier R. Rolet director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Mikael Breuer-weil director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Dominique D'hinnin director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Isabelle Amiel Azoulai director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Golden Falcon Sponsor Group, Llc 10 percent owner 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Makram Azar director, officer: Chief Executive Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711

Golden Falcon Acquisition (Golden Falcon Acquisition) Headlines

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