GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ros Agro PLC (MIC:AGRO) » Definitions » Sloan Ratio %

Ros Agro (MIC:AGRO) Sloan Ratio % : -22.26% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Ros Agro 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.

Ros Agro's Sloan Ratio for the quarter that ended in Mar. 2024 was -22.26%.

As of Mar. 2024, Ros Agro has a Sloan Ratio of -22.26%, indicating there is a warning stage of accrual build up.


Ros Agro Sloan Ratio % Historical Data

The historical data trend for Ros Agro'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.

Ros Agro Sloan Ratio % Chart

Ros Agro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 7.29 11.13 17.02 -23.34

Ros Agro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.69 13.21 17.17 -23.34 -22.26

Competitive Comparison of Ros Agro's Sloan Ratio %

For the Packaged Foods subindustry, Ros Agro'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.


Ros Agro's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ros Agro's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Ros Agro's Sloan Ratio % falls into.



Ros Agro 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.

Ros Agro's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(46501.167-53329.983
-89109.532)/410966.485
=-23.34%

Ros Agro's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(41603.422-47574.279
-85077.807)/409054.265
=-22.26%

Ros Agro's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 7770.662 (Jun. 2023 ) + 23531.678 (Sep. 2023 ) + 9775.09 (Dec. 2023 ) + 525.992 (Mar. 2024 ) = ₽41,603 Mil.
Ros Agro's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 16572.471 (Jun. 2023 ) + 14803.068 (Sep. 2023 ) + 5950.598 (Dec. 2023 ) + 10248.142 (Mar. 2024 ) = ₽47,574 Mil.
Ros Agro's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -9684.166 (Jun. 2023 ) + -3646.605 (Sep. 2023 ) + 104729.714 (Dec. 2023 ) + -6321.136 (Mar. 2024 ) = ₽85,078 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.


Ros Agro  (MIC:AGRO) 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 Mar. 2024, Ros Agro has a Sloan Ratio of -22.26%, indicating there is a warning stage of accrual build up.


Ros Agro Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Ros Agro's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ros Agro (MIC:AGRO) Business Description

Traded in Other Exchanges
Address
25 Aphrodite Street, 3rd Floor, Office 300, Nicosia, CYP, CY-1060
Ros Agro PLC is a Russian company which is engaged in agricultural production and cultivation of sugar beet, grain, and other agricultural crops as well as cultivation of pigs, processing of raw sugar and production of sugar from sugar beet, production, and processing of vegetable oil. Its segments include Meat, Sugar, Agriculture, Oil and Fat, and others. The company generates maximum revenue from Oil and Fat segment. The company's products include sugar cubes, packaged sugar, commercial sugar rice, whole grain buckwheat, sugar beet, grains, sunflower seeds, soybean oil, soybean meal, mayonnaise, soap, vegetable oil, margarine, mustard, spreads, and others.