Rentunder Holding AB (NGM:RENT) Sloan Ratio %: 34.77% (As of Dec. 2024)

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What is Rentunder Holding AB Sloan Ratio %?

Rentunder Holding AB NGM:RENT -28.57% Sloan Ratio % is 34.77% as of Dec. 2024.

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.

Rentunder Holding AB's Sloan Ratio for the quarter that ended in Dec. 2024 was 34.77%.

As of Dec. 2024, Rentunder Holding AB has a Sloan Ratio of 34.77%, indicating earnings are more likely to be made up of accruals.


Rentunder Holding AB  (NGM:RENT) 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, Rentunder Holding AB has a Sloan Ratio of 34.77%, indicating earnings are more likely to be made up of accruals.


Rentunder Holding AB Sloan Ratio % Related Terms


Rentunder Holding AB Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Rentunder Holding AB'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.

Rentunder Holding AB Sloan Ratio % Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only -9.36 5.87 -27.40 12.50 34.76

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -27.40 -52.23 12.50 6.65 34.77

NGM:RENT vs VLTO, ZWS, FSS: Sloan Ratio % Comparison

For the Pollution & Treatment Controls subindustry, Rentunder Holding AB'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.


Rentunder Holding AB Sloan Ratio % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Rentunder Holding AB's Sloan Ratio % falls into.



Rentunder Holding AB 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.

Rentunder Holding AB'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 )
=(-3.496--6.369
-0.35)/7.259
=34.76%

Rentunder Holding AB'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 )
=(-3.496--6.37
-0.35)/7.259
=34.77%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Rentunder Holding AB's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -1.536 (Jun. 2024 ) + -1.96 (Dec. 2024 ) = kr-3.50 Mil.
Rentunder Holding AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -0.56 (Jun. 2024 ) + -5.81 (Dec. 2024 ) = kr-6.37 Mil.
Rentunder Holding AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 0.175 (Jun. 2024 ) + 0.175 (Dec. 2024 ) = kr0.35 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 34.77% mean?
Rentunder Holding AB (NGM:RENT) has a Sloan Ratio % of 34.77% as of Dec. 2024. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Rentunder Holding AB and its competitors.
Is Rentunder Holding AB's Sloan Ratio % too high?
Rentunder Holding AB's current Sloan Ratio % is 34.77%.
How does Rentunder Holding AB's Sloan Ratio % compare to VLTO and ZWS?
Rentunder Holding AB's Sloan Ratio % of 34.77% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Sloan Ratio % depends on the Industrial Products 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 Rentunder Holding AB and its competitors. Rentunder Holding AB's current Sloan Ratio % is 34.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current Sloan Ratio % of 34.77%. The current Sloan Ratio % is 34.77%. 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 Rentunder Holding AB (NGM:RENT), the current Sloan Ratio % is 34.77% as of Dec. 2024. 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.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.