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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is KAMCO Investment Company K.S.C.P 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.

KAMCO Investment Company K.S.C.P's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, KAMCO Investment Company K.S.C.P has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


KAMCO Investment Company K.S.C.P Sloan Ratio % Historical Data

The historical data trend for KAMCO Investment Company K.S.C.P'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.

* Premium members only.

KAMCO Investment Company K.S.C.P Sloan Ratio % Chart

KAMCO Investment Company K.S.C.P Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 -8.30 2.20 -3.50 9.11

KAMCO Investment Company K.S.C.P Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.50 - - - -

Competitive Comparison of KAMCO Investment Company K.S.C.P's Sloan Ratio %

For the Asset Management subindustry, KAMCO Investment Company K.S.C.P'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.


KAMCO Investment Company K.S.C.P's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KAMCO Investment Company K.S.C.P's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where KAMCO Investment Company K.S.C.P's Sloan Ratio % falls into.



KAMCO Investment Company K.S.C.P 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.

KAMCO Investment Company K.S.C.P's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(0.748--9.357
--1.636)/128.845
=9.11%

KAMCO Investment Company K.S.C.P's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(0.747-0
-0)/128.845
=0.58%

KAMCO Investment Company K.S.C.P's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -1.565 (Mar. 2023 ) + 1.667 (Jun. 2023 ) + -1.498 (Sep. 2023 ) + 2.143 (Dec. 2023 ) = KWD0.75 Mil.
KAMCO Investment Company K.S.C.P's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = KWD0.00 Mil.
KAMCO Investment Company K.S.C.P's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = KWD0.00 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.


KAMCO Investment Company K.S.C.P  (KUW:KAMCO) 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 Dec. 2023, KAMCO Investment Company K.S.C.P 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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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Bin Waleed Street, Al-Shaheed Tower, P.O.Box 28873, Sharq, Safat, Kuwait City, KWT, 13149
KAMCO Investment Company K.S.C.P is an investment banking company. Its activities include purchasing and investing in shares or bonds of the companies in real estate, industrial and agricultural sector, managing the funds of public and private institutions, a brokerage in lending and borrowing operations, provision of loans, dealing and trading in the foreign currency market, and undertaking operations related to securities trading such as purchase and sale of shares and bonds of companies. The company's segments include Investment banking and advisory, Asset management, Brokerage, and Strategic investments & corporate overheads. The company makes majority of its revenue from Asset management segment.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Headlines

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