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Schouw AS (LTS:0O0N) Sloan Ratio % : -3.49% (As of Dec. 2024)


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What is Schouw AS 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.

Schouw AS's Sloan Ratio for the quarter that ended in Dec. 2024 was -3.49%.

As of Dec. 2024, Schouw AS has a Sloan Ratio of -3.49%, indicating the company is in the safe zone and there is no funny business with accruals.


Schouw AS Sloan Ratio % Historical Data

The historical data trend for Schouw AS'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.

Schouw AS Sloan Ratio % Chart

Schouw AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.73 6.59 7.52 2.43 -3.48

Schouw AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.43 0.18 -0.11 0.88 -3.49

Competitive Comparison of Schouw AS's Sloan Ratio %

For the Conglomerates subindustry, Schouw AS'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.


Schouw AS's Sloan Ratio % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Schouw AS's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Schouw AS's Sloan Ratio % falls into.


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Schouw AS 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.

Schouw AS's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(950-2553
--623)/28123
=-3.48%

Schouw AS's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(950-2554
--622)/28123
=-3.49%

Schouw AS's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 145 (Mar. 2024 ) + 245 (Jun. 2024 ) + 340 (Sep. 2024 ) + 220 (Dec. 2024 ) = kr950 Mil.
Schouw AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 171 (Mar. 2024 ) + 337 (Jun. 2024 ) + 1158 (Sep. 2024 ) + 888 (Dec. 2024 ) = kr2,554 Mil.
Schouw AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -173 (Mar. 2024 ) + -144 (Jun. 2024 ) + -170 (Sep. 2024 ) + -135 (Dec. 2024 ) = kr-622 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.


Schouw AS  (LTS:0O0N) 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. 2024, Schouw AS has a Sloan Ratio of -3.49%, indicating the company is in the safe zone and there is no funny business with accruals.


Schouw AS Sloan Ratio % Related Terms

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Schouw AS Business Description

Traded in Other Exchanges
Address
Chr. Filtenborgs Plads 1, Aarhus C, DNK, DK-8000
Schouw & Co AS is an industrial conglomerate making long-term investments in businesses. The investments made by the company include: BioMar, the manufacturer of quality feed for the fish and shrimp farming industries; GPV is EMS business, manufacturer of electronics, mechanics, cable harnessing and mechatronics; HydraSpecma is engaged into hydraulic solutions and components; Borg Automotive is an independent automotive remanufacturing company. Sells to distributors and OE customers for almost all car makes; Fibertex Personal Care is a manufacturer of spunmelt nonwovens for the personal care industry. The company sells products for baby diapers, sanitary towels and incontinence products; and Fibertex Nonwovens is a manufacturer of special-purpose nonwovens.

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