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PT Mutuagung Lestari Tbk (ISX:MUTU) Sloan Ratio % : 0.00% (As of . 20)


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What is PT Mutuagung Lestari 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 Mutuagung Lestari Tbk's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, PT Mutuagung Lestari 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 Mutuagung Lestari Tbk Sloan Ratio % Historical Data

The historical data trend for PT Mutuagung Lestari 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 Mutuagung Lestari Tbk Sloan Ratio % Chart

PT Mutuagung Lestari Tbk Annual Data
Trend
Sloan Ratio %

PT Mutuagung Lestari Tbk Semi-Annual Data
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Competitive Comparison of PT Mutuagung Lestari Tbk's Sloan Ratio %

For the Specialty Business Services subindustry, PT Mutuagung Lestari 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 Mutuagung Lestari Tbk's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Mutuagung Lestari Tbk's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where PT Mutuagung Lestari Tbk's Sloan Ratio % falls into.



PT Mutuagung Lestari 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 Mutuagung Lestari 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 Mutuagung Lestari 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 Mutuagung Lestari 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 Mutuagung Lestari Tbk  (ISX:MUTU) 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 Mutuagung Lestari 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 Mutuagung Lestari Tbk Sloan Ratio % Related Terms

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PT Mutuagung Lestari Tbk (ISX:MUTU) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Bogor No.19 KM 33, 5 Cimanggis, Depok, IDN, 16953
PT Mutuagung Lestari Tbk is engaged in providing Testing, Inspection and Certification Services. The testing services cover 4 types of testing laboratories, namely wood laboratories, food and general analysis laboratories, environmental laboratories and microbiology laboratories. The technical inspection and surveyor services have served General Cargo Surveys, Palm Oil Surveys and their derivatives, Marine Surveys, Mineral Mining Surveys, Oil & Gas Surveys, Processed Wood Surveys, and others. Currently, the company is supported by accreditation body recognition (KAN 17020: 2012) as a technical inspection. The certification services for various sectors, namely the Agriculture sector, Indonesian Sustainable Palm Oil, the Public Service Industry, environmental management system, Etc.

PT Mutuagung Lestari Tbk (ISX:MUTU) Headlines

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