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Pod Point Group Holdings (LSE:PODP) Sloan Ratio % : -41.21% (As of Dec. 2023)


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What is Pod Point Group Holdings 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.

Pod Point Group Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 was -41.21%.

Warning Sign:

When sloan ratio (-41.21)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2023, Pod Point Group Holdings has a Sloan Ratio of -41.21%, indicating earnings are more likely to be made up of accruals.


Pod Point Group Holdings Sloan Ratio % Historical Data

The historical data trend for Pod Point Group Holdings'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.

Pod Point Group Holdings Sloan Ratio % Chart

Pod Point Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial 2.37 60.01 18.77 -22.28 -41.21

Pod Point Group Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.77 0.01 -22.28 -11.77 -41.21

Competitive Comparison of Pod Point Group Holdings's Sloan Ratio %

For the Specialty Retail subindustry, Pod Point Group Holdings'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.


Pod Point Group Holdings's Sloan Ratio % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pod Point Group Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Pod Point Group Holdings's Sloan Ratio % falls into.



Pod Point Group Holdings 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.

Pod Point Group Holdings'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 )
=(-83.414--12.826
--10.729)/145.242
=-41.21%

Pod Point Group Holdings'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 )
=(-83.414--12.826
--10.729)/145.242
=-41.21%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Pod Point Group Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -32.953 (Jun. 2023 ) + -50.461 (Dec. 2023 ) = £-83.41 Mil.
Pod Point Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -8.963 (Jun. 2023 ) + -3.863 (Dec. 2023 ) = £-12.83 Mil.
Pod Point Group Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -6.258 (Jun. 2023 ) + -4.471 (Dec. 2023 ) = £-10.73 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.


Pod Point Group Holdings  (LSE:PODP) 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, Pod Point Group Holdings has a Sloan Ratio of -41.21%, indicating earnings are more likely to be made up of accruals.


Pod Point Group Holdings Sloan Ratio % Related Terms

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Pod Point Group Holdings (LSE:PODP) Business Description

Traded in Other Exchanges
Address
28-42 Banner Street, London, GBR, EC1Y 8QE
Pod Point Group Holdings PLC is a provider of EV charging solutions with a simple vision: travel should not damage the earth. It has built market capabilities across all four routes to market in the EV charging ecosystem: home, workplace, destination, and en route. It has developed an effective and agile infrastructure to support the design, outsourced manufacture, and installation of charge points and associated systems. It has four operating segments: Home, Commercial, Owned Assets, and Recurring. The majority of its revenue comes from the Home segment.

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