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GTLL (Global Technologies) Sloan Ratio % : 0.00% (As of Dec. 2024)


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What is Global Technologies 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.

Global Technologies's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.00%.

As of Dec. 2024, Global Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Global Technologies Sloan Ratio % Historical Data

The historical data trend for Global Technologies'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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Global Technologies Sloan Ratio % Chart

Global Technologies Annual Data
Trend Oct98 Jun99 Jun00 Jun01 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -60.99 -1,229.41 -

Global Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Global Technologies's Sloan Ratio %

For the Information Technology Services subindustry, Global Technologies'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.


Global Technologies's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Global Technologies's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Global Technologies's Sloan Ratio % falls into.



Global Technologies 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.

Global Technologies's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(0.812--0.039
-0)/8.363
=10.18%

Global Technologies's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(3.487-0.472
--0.238)/8.599
=37.83%

Global Technologies's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 2.757 (Mar. 2024 ) + 0.286 (Jun. 2024 ) + 0.257 (Sep. 2024 ) + 0.187 (Dec. 2024 ) = $3.49 Mil.
Global Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 0.035 (Mar. 2024 ) + 0.101 (Jun. 2024 ) + 0.217 (Sep. 2024 ) + 0.119 (Dec. 2024 ) = $0.47 Mil.
Global Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) + -0.238 (Dec. 2024 ) = $-0.24 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.


Global Technologies  (OTCPK:GTLL) 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 Dec. 2024, Global Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Global Technologies Sloan Ratio % Related Terms

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Global Technologies Business Description

Traded in Other Exchanges
N/A
Address
8 Campus Drive, Suite 105, Parsippany, NJ, USA, 07054
Global Technologies Ltd is a multi-operational company that spearheads in high-growth industries, focusing on transformative technology and services.
Executives
Jimmy Wayne Anderson director, 10 percent owner, officer: President 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Jaycee James 10 percent owner 9298 SVL BOX, VICTORVILLE CA 92395