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Club Mediterranee (LTS:0K8Q) Sloan Ratio % : -2.73% (As of Oct. 2014)


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What is Club Mediterranee 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.

Club Mediterranee's Sloan Ratio for the quarter that ended in Oct. 2014 was -2.73%.

As of Oct. 2014, Club Mediterranee has a Sloan Ratio of -2.73%, indicating the company is in the safe zone and there is no funny business with accruals.


Club Mediterranee Sloan Ratio % Historical Data

The historical data trend for Club Mediterranee'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.

Club Mediterranee Sloan Ratio % Chart

Club Mediterranee Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only -4.83 -4.47 -4.89 -2.38 -2.73

Club Mediterranee Semi-Annual Data
Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only -4.83 -4.47 -4.89 -2.38 -2.73

Competitive Comparison of Club Mediterranee's Sloan Ratio %

For the Lodging subindustry, Club Mediterranee'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.


Club Mediterranee's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Club Mediterranee's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Club Mediterranee's Sloan Ratio % falls into.



Club Mediterranee 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.

Club Mediterranee's Sloan Ratio for the fiscal year that ended in Oct. 2014 is calculated as

Sloan Ratio=(Net Income (A: Oct. 2014 )-Cash Flow from Operations (A: Oct. 2014 )
-Cash Flow from Investing (A: Oct. 2014 ))/Total Assets (A: Oct. 2014 )
=(-12-87
--65)/1245
=-2.73%

Club Mediterranee's Sloan Ratio for the quarter that ended in Oct. 2014 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Oct. 2014 )
=(-12-87
--65)/1245
=-2.73%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Club Mediterranee's Net Income for the trailing twelve months (TTM) ended in Oct. 2014 was €-12 Mil.
Club Mediterranee's Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2014 was €87 Mil.
Club Mediterranee's Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2014 was €-65 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.


Club Mediterranee  (LTS:0K8Q) 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 Oct. 2014, Club Mediterranee has a Sloan Ratio of -2.73%, indicating the company is in the safe zone and there is no funny business with accruals.


Club Mediterranee Sloan Ratio % Related Terms

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Club Mediterranee (LTS:0K8Q) Business Description

Traded in Other Exchanges
N/A
Address
Club Méditerranée, established on November 12, 1957, operates in the tourism market. The Group is organized into three geographical regions: The Europe-Africa region (EAF), comprising the countries of Europe, the Middle East and Africa; the Americas region, aggregating the North America (including the West Indies) and South America operating segments; the Asia region, comprising the countries of Eastern and Southern Asia and the Pacific (ESAP) and Greater China (China, Taiwan, Hong Kong). The Group also has a real estate development business which builds and sells villas and luxury chalet-apartments.

Club Mediterranee (LTS:0K8Q) Headlines

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