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Unbound Group (LSE:UBG) Sloan Ratio % : 0.00% (As of Jul. 2022)


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What is Unbound Group 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.

Unbound Group's Sloan Ratio for the quarter that ended in Jul. 2022 was 0.00%.

As of Jul. 2022, Unbound Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Unbound Group Sloan Ratio % Historical Data

The historical data trend for Unbound Group'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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Unbound Group Sloan Ratio % Chart

Unbound Group Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
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Unbound Group Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jul22
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Competitive Comparison of Unbound Group's Sloan Ratio %

For the Internet Retail subindustry, Unbound Group'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.


Unbound Group's Sloan Ratio % Distribution in the Retail - Cyclical Industry

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

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



Unbound Group 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.

Unbound Group's Sloan Ratio for the fiscal year that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2019 )-Cash Flow from Operations (A: Sep. 2019 )
-Cash Flow from Investing (A: Sep. 2019 ))/Total Assets (A: Sep. 2019 )
=(32-158.4
-0)/211.2
=-59.85%

Unbound Group's Sloan Ratio for the quarter that ended in Jul. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jul. 2022 )
=(59.456--1.488
--0.093)/56.147
=108.71%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Unbound Group's Net Income for the trailing twelve months (TTM) ended in Jul. 2022 was 61.6 (Mar. 2021 ) + -2.144 (Jul. 2022 ) = £59.46 Mil.
Unbound Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2022 was -0.8 (Mar. 2021 ) + -0.688 (Jul. 2022 ) = £-1.49 Mil.
Unbound Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jul. 2022 was 0 (Mar. 2021 ) + -0.093 (Jul. 2022 ) = £-0.09 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.


Unbound Group  (LSE:UBG) 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 Jul. 2022, Unbound Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Unbound Group Sloan Ratio % Related Terms

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Unbound Group (LSE:UBG) Business Description

Traded in Other Exchanges
N/A
Address
17 Old Park Lane, 7th Floor, London, GBR, W1K 1QT
Unbound Group PLC provides a range of brands focused on the 55 plus demographic. Its brand includes Hotter Shoes. It is an e-commerce focused footwear brand providing footwear with uncompromising focus on comfort and fit through the use of differentiating technology.

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