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Primavera Capital Acquisition (Primavera Capital Acquisition) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Primavera Capital Acquisition 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.

Primavera Capital Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Primavera Capital Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Primavera Capital Acquisition Sloan Ratio % Historical Data

The historical data trend for Primavera Capital Acquisition'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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Primavera Capital Acquisition Sloan Ratio % Chart

Primavera Capital Acquisition Annual Data
Trend Dec20 Dec21
Sloan Ratio %
- 105.04

Primavera Capital Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Primavera Capital Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Primavera Capital Acquisition'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.


Primavera Capital Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Primavera Capital Acquisition's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Primavera Capital Acquisition's Sloan Ratio % falls into.



Primavera Capital Acquisition 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.

Primavera Capital Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(20.879--1.171
--414)/415.121
=105.04%

Primavera Capital Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(17.995--1.123
-0)/416.739
=4.59%

Primavera Capital Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was 3.46 (Dec. 2021 ) + 0.287 (Mar. 2022 ) + 9.846 (Jun. 2022 ) + 4.402 (Sep. 2022 ) = $18.00 Mil.
Primavera Capital Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.185 (Dec. 2021 ) + -0.289 (Mar. 2022 ) + -0.586 (Jun. 2022 ) + -0.063 (Sep. 2022 ) = $-1.12 Mil.
Primavera Capital Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $0.00 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.


Primavera Capital Acquisition  (NYSE:PV) 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. 2022, Primavera Capital Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Primavera Capital Acquisition Sloan Ratio % Related Terms

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Primavera Capital Acquisition (Primavera Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
15 Queen’s Road Central, 41st Floor Gloucester Tower, Hong Kong, HKG
Primavera Capital Acquisition Corp is a blank check company.
Executives
Muktesh Pant director 14841 NORTH DALLAS PARKWAY, THE ABERDEEN, DALLAS TX 75254
Fred Hu 10 percent owner 28TH FLOOR, 28 HENNESSY ROAD, ADMIRALTY K3 852
Primavera Capital Acquisition Corp. 10 percent owner 41/F GLOUCESTER TOWER, 15 QUEEN'S ROAD CENTRAL, HONG KONG K3 -
Tong Chen director, officer: CEO, CFO 41/F, GLOUCESTER TOWER, 15 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Primavera Capital Acquisition Llc 10 percent owner 41/F GLOUCESTER TOWER, 15 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Chi-man Sonia Cheng director 36/F NEW WORLD TOWER 1, 18 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Teresa Anne Teague director 11TH FLOOR, WINSOME HOUSE, 73 WYNDHAM STREET, CENTRAL, HONG KONG K3 00000
Chenling Zhang director NO. 1068 HUAIHAI MIDDLE ROAD, PALACE COURT, TOWER 1, APT. 25D, SHANGHAI F4 00000