Nimir Resins (KAR:NRSL) Sloan Ratio %: 0.00% (As of . 20)

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What is Nimir Resins Sloan Ratio %?

Nimir Resins KAR:NRSL -6.76% Sloan Ratio % is 0.00% as of . 20.

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.

Nimir Resins's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Nimir Resins has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Nimir Resins  (KAR:NRSL) 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, Nimir Resins has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Nimir Resins Sloan Ratio % Related Terms


Nimir Resins Sloan Ratio % Historical Data

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The historical data trend for Nimir Resins'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.

Nimir Resins Sloan Ratio % Chart

Nimir Resins Annual Data
Trend
Sloan Ratio %

Nimir Resins Quarterly Data
Sloan Ratio %

KAR:NRSL vs KRBF, ADMT, YTEN: Sloan Ratio % Comparison

For the Specialty Chemicals subindustry, Nimir Resins'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.


Nimir Resins Sloan Ratio % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nimir Resins's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Nimir Resins's Sloan Ratio % falls into.



Nimir Resins 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.

Nimir Resins'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 )
=(-
-)/
=%

Nimir Resins'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 )
=(-
-)/
=%

Nimir Resins 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Nimir Resins (KAR:NRSL) has a Sloan Ratio % of 0.00% as of . 20. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Nimir Resins and its competitors.
Is Nimir Resins' Sloan Ratio % too high?
Nimir Resins' current Sloan Ratio % is 0.00%.
How does Nimir Resins' Sloan Ratio % compare to KRBF and ADMT?
Nimir Resins' Sloan Ratio % of 0.00% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Chemicals company?
A good Sloan Ratio % depends on the Chemicals industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Nimir Resins and its competitors. Nimir Resins's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nimir Resins stock overvalued right now?
Nimir Resins (KAR:NRSL) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Nimir Resins (KAR:NRSL), the current Sloan Ratio % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nimir Resins Business Description

Address 122-B, New Muslim Town, Lahore, PB, PAK
Nimir Resins Ltd is a company whose principal activity is to manufacture surface coating resins, polyesters for paint industry, optical brightener and textile auxiliaries for the textile industry. The company operates in various business segments that are Coating. Emulsion, and Blending; Textile and Paper, and Others. The Coating and Emulsion segment generates maximum revenue for the company.