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PT Esta Multi usaha Tbk (ISX:ESTA) Sloan Ratio % : 0.00% (As of . 20)


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What is PT Esta Multi usaha Tbk 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.

PT Esta Multi usaha Tbk's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, PT Esta Multi usaha Tbk has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


PT Esta Multi usaha Tbk Sloan Ratio % Historical Data

The historical data trend for PT Esta Multi usaha Tbk'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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PT Esta Multi usaha Tbk Sloan Ratio % Chart

PT Esta Multi usaha Tbk Annual Data
Trend
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PT Esta Multi usaha Tbk Semi-Annual Data
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Competitive Comparison of PT Esta Multi usaha Tbk's Sloan Ratio %

For the Lodging subindustry, PT Esta Multi usaha Tbk'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.


PT Esta Multi usaha Tbk's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PT Esta Multi usaha Tbk's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where PT Esta Multi usaha Tbk's Sloan Ratio % falls into.



PT Esta Multi usaha Tbk 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.

PT Esta Multi usaha Tbk's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

PT Esta Multi usaha Tbk's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

PT Esta Multi usaha Tbk does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in . 20.

* 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.


PT Esta Multi usaha Tbk  (ISX:ESTA) 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 . 20, PT Esta Multi usaha Tbk has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


PT Esta Multi usaha Tbk Sloan Ratio % Related Terms

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PT Esta Multi usaha Tbk (ISX:ESTA) Business Description

Traded in Other Exchanges
N/A
Address
Wisma D'Esta Komplek Komersial Sektor II, Block AH No. 7A BSD City, Tangerang Selatan, IDN, 15318
PT Esta Multi usaha Tbk is engaged in the operation of a two-star hotel named Hotel 88. The company's hotel business provides services such as lodging, eating, and drinking. The hotel has various other facilities such as a restaurant, meeting rooms, LCD TV with cable TV, internet connection in all areas of the hotel, and lobby areas that provide coffee and tea which are ready to be enjoyed anytime for free. The company also provides motorized vehicles for rent.