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Egeli Enerji Yatirimlari AS (IST:EGCEY) Sloan Ratio % : 0.00% (As of Sep. 2019)


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What is Egeli Enerji Yatirimlari AS 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.

Egeli Enerji Yatirimlari AS's Sloan Ratio for the quarter that ended in Sep. 2019 was 0.00%.

As of Sep. 2019, Egeli Enerji Yatirimlari AS has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Egeli Enerji Yatirimlari AS Sloan Ratio % Historical Data

The historical data trend for Egeli Enerji Yatirimlari AS'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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Egeli Enerji Yatirimlari AS Sloan Ratio % Chart

Egeli Enerji Yatirimlari AS Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Sloan Ratio %
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Egeli Enerji Yatirimlari AS Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Egeli Enerji Yatirimlari AS's Sloan Ratio %

For the Asset Management subindustry, Egeli Enerji Yatirimlari AS'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.


Egeli Enerji Yatirimlari AS's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Egeli Enerji Yatirimlari AS's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Egeli Enerji Yatirimlari AS's Sloan Ratio % falls into.



Egeli Enerji Yatirimlari AS 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.

Egeli Enerji Yatirimlari AS's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-1.344--0.095
-0)/22.097
=-5.65%

Egeli Enerji Yatirimlari AS's Sloan Ratio for the quarter that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2019 )
=(-1.241-0.002
-0)/22.13
=-5.62%

Egeli Enerji Yatirimlari AS's Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was -1.091 (Dec. 2018 ) + -0.081 (Mar. 2019 ) + 0.049 (Jun. 2019 ) + -0.118 (Sep. 2019 ) = ₺-1.24 Mil.
Egeli Enerji Yatirimlari AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2019 was 0.001 (Dec. 2018 ) + 0 (Mar. 2019 ) + 0.001 (Jun. 2019 ) + 0 (Sep. 2019 ) = ₺0.00 Mil.
Egeli Enerji Yatirimlari AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2019 was 0 (Dec. 2018 ) + 0 (Mar. 2019 ) + 0 (Jun. 2019 ) + 0 (Sep. 2019 ) = ₺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.


Egeli Enerji Yatirimlari AS  (IST:EGCEY) 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. 2019, Egeli Enerji Yatirimlari AS has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Egeli Enerji Yatirimlari AS (IST:EGCEY) Business Description

Traded in Other Exchanges
N/A
Address
Akat Mahallesi Prof. Dr. Kaya Cilingiroglu Caddesi, Sarikonaklar Is Merkezi A Blok D:2 Akatlar, Besiktas, Istanbul, TUR
Egeli & Co Enerji Yatirimlari AS is an investment company. It provides Financial Consulting and Investment Management services. The company offers services in the fields of agriculture, energy, real estate, infrastructure, and finance.

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