LUKEF (Real Luck Group) Sloan Ratio %: 0.00% (As of Sep. 2023)

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What is Real Luck Group Sloan Ratio %?

Real Luck Group LUKEF -90.00% Sloan Ratio % is 0.00% as of Sep. 2023.

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.

Real Luck Group's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Real Luck Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Real Luck Group  (OTCPK:LUKEF) 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 Sep. 2023, Real Luck Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Real Luck Group Sloan Ratio % Related Terms


Real Luck Group Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Real Luck 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.

Real Luck Group Sloan Ratio % Chart

Real Luck Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
-554.24 -37.52 -10.88 -12.60

Real Luck Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -9.40 -9.67 -12.74 0.00 0.00

LUKEF vs DKNG, CHDN, LNW: Sloan Ratio % Comparison

For the Gambling subindustry, Real Luck 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.


Real Luck Group Sloan Ratio % vs Travel & Leisure Industry

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

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



Real Luck 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.

Real Luck Group's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-6.711--6.052
--0.018)/5.088
=-12.60%

Real Luck Group's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-8.082--5.402
--0.009)/0.537
=-497.39%

Real Luck Group's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was -1.475 (Sep. 2022 ) + -2.296 (Dec. 2022 ) + -3.044 (Mar. 2023 ) + -1.267 (Sep. 2023 ) = $-8.08 Mil.
Real Luck Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -1.302 (Sep. 2022 ) + -1.856 (Dec. 2022 ) + -2.244 (Mar. 2023 ) + 0 (Sep. 2023 ) = $-5.40 Mil.
Real Luck Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was -0.003 (Sep. 2022 ) + -0.006 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Sep. 2023 ) = $-0.01 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Real Luck Group (LUKEF) has a Sloan Ratio % of 0.00% as of Sep. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Real Luck Group and its competitors.
Is Real Luck Group's Sloan Ratio % too high?
Real Luck Group's current Sloan Ratio % is 0.00%.
How does Real Luck Group's Sloan Ratio % compare to DKNG and CHDN?
Real Luck Group's Sloan Ratio % of 0.00% can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Travel & Leisure company?
A good Sloan Ratio % depends on the Travel & Leisure industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Real Luck Group and its competitors. Real Luck Group's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Luck Group stock overvalued right now?
Real Luck Group (LUKEF) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Real Luck Group (LUKEF), the current Sloan Ratio % is 0.00% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Real Luck Group Business Description

Address 350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.