What is Infant Bacterial Therapeutics AB 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 Mar. 2024, Infant Bacterial Therapeutics AB has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Infant Bacterial Therapeutics AB 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.
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Infant Bacterial Therapeutics AB Sloan Ratio % Chart
Competitive Comparison of Infant Bacterial Therapeutics AB's Sloan Ratio %
For the Biotechnology subindustry, Infant Bacterial Therapeutics AB'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.
Infant Bacterial Therapeutics AB's Sloan Ratio % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Infant Bacterial Therapeutics AB's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Infant Bacterial Therapeutics AB's Sloan Ratio % falls into.
Infant Bacterial Therapeutics AB 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.
Infant Bacterial Therapeutics AB's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -2.676 (Jun. 2023 ) + -2.787 (Sep. 2023 ) + -3.987 (Dec. 2023 ) + -2.672 (Mar. 2024 ) = $-12.12 Mil.
Infant Bacterial Therapeutics AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -1.36 (Jun. 2023 ) + -2.644 (Sep. 2023 ) + -2.803 (Dec. 2023 ) + -2.379 (Mar. 2024 ) = $-9.19 Mil.
Infant Bacterial Therapeutics AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = $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.
Infant Bacterial Therapeutics AB (GREY:IFTBF) 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 Mar. 2024, Infant Bacterial Therapeutics AB has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Infant Bacterial Therapeutics AB Sloan Ratio % Related Terms
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Infant Bacterial Therapeutics AB (Infant Bacterial Therapeutics AB) Business Description
Infant Bacterial Therapeutics AB is a pharmaceutical company that develops drugs influencing the human infant microbiome, and thereby prevents or treats rare diseases affecting premature infants. It is currently developing its lead drug candidate IBP-9414, to prevent NEC and improve feeding tolerance in premature infants. IBP-9414 contains the active compound Lactobacillus reuteri, which is a human bacterial strain naturally present in breast milk. IBT is further pursuing a second rare disease program IBP-1016 for the treatment of an unmet medical need in gastroschisis, a severe disease in infants.
Infant Bacterial Therapeutics AB (Infant Bacterial Therapeutics AB) Headlines
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