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.
When sloan ratio (329.41)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Jan. 2025, Vanguard Green Investment has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Vanguard Green Investment Sloan Ratio % Historical Data
* 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.
Competitive Comparison of Vanguard Green Investment's Sloan Ratio %
For the Personal Services subindustry, Vanguard Green Investment'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.
Vanguard Green Investment's Sloan Ratio % Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Vanguard Green Investment's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Vanguard Green Investment's Sloan Ratio % falls into.
Vanguard Green Investment 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.
Vanguard Green Investment's Sloan Ratio for the fiscal year that ended in Jul. 2024 is calculated as
Vanguard Green Investment's Net Income for the trailing twelve months (TTM) ended in Jan. 2025 was -0.031 (Apr. 2024 ) + 0.049 (Jul. 2024 ) + -0.016 (Oct. 2024 ) + -0.013 (Jan. 2025 ) = $-0.01 Mil.
Vanguard Green Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2025 was -0.057 (Apr. 2024 ) + -0.007 (Jul. 2024 ) + -0.001 (Oct. 2024 ) + -0.035 (Jan. 2025 ) = $-0.10 Mil.
Vanguard Green Investment's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2025 was 0 (Apr. 2024 ) + 0 (Jul. 2024 ) + 0 (Oct. 2024 ) + 0 (Jan. 2025 ) = $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.
Vanguard Green Investment (OTCPK:VGES) 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.
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 Jan. 2025, Vanguard Green Investment has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Vanguard Green Investment Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Vanguard Green Investment's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Vanguard Green Investment Ltd formerly Mu Global Holding Ltd is a beauty and wellness company, providing SPA and wellness service and also Spa related products to the customers. The services provided are designed to improve the overall health system and body function. It operates in the Chinese market with three business models namely Tripartite co-operation and profit-sharing model (deployment of stone spa bed & franchise); Large-scale chain agent model (deployment of stone spa bed); and Direct- service store model. Its products portfolio includes NVB Scent Diffuser and Mini Water Purifier. The company has geographical segments in Nevada, Seychelles, Hong Kong, and China, where majority of its revenue is earned from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VGES has been successfully added to your 