NLSC (Namliong SkyCosmos) Sloan Ratio %: 0.00% (As of Mar. 2024)

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What is Namliong SkyCosmos Sloan Ratio %?

Namliong SkyCosmos NLSC Sloan Ratio % is 0.00% as of Mar. 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.

Namliong SkyCosmos's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

As of Mar. 2024, Namliong SkyCosmos has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Namliong SkyCosmos  (OTCPK:NLSC) 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, Namliong SkyCosmos has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Namliong SkyCosmos Sloan Ratio % Related Terms


Namliong SkyCosmos Sloan Ratio % Historical Data

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The historical data trend for Namliong SkyCosmos'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.

Namliong SkyCosmos Sloan Ratio % Chart

Namliong SkyCosmos Annual Data
Trend Sep06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Namliong SkyCosmos 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 0.00 0.00 0.00 0.00 0.00

NLSC vs GYGC, UBYH, IVFZF: Sloan Ratio % Comparison

For the Shell Companies subindustry, Namliong SkyCosmos'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.


Namliong SkyCosmos Sloan Ratio % vs Diversified Financial Services Industry

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

* The bar in red indicates where Namliong SkyCosmos's Sloan Ratio % falls into.



Namliong SkyCosmos 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.

Namliong SkyCosmos'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 )
=(-0.59--0.071
-0)/0.013
=-3,992.31%

Namliong SkyCosmos'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 )
=(-0.649--0.017
-0)/0.01
=-6,320.00%

Namliong SkyCosmos's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -0.132 (Jun. 2023 ) + -0.188 (Sep. 2023 ) + -0.207 (Dec. 2023 ) + -0.122 (Mar. 2024 ) = $-0.65 Mil.
Namliong SkyCosmos's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -0.011 (Jun. 2023 ) + -0.001 (Sep. 2023 ) + -0.003 (Dec. 2023 ) + -0.002 (Mar. 2024 ) = $-0.02 Mil.
Namliong SkyCosmos's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = $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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Namliong SkyCosmos (NLSC) has a Sloan Ratio % of 0.00% as of Mar. 2024. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Namliong SkyCosmos and its competitors.
Is Namliong SkyCosmos' Sloan Ratio % too high?
Namliong SkyCosmos' current Sloan Ratio % is 0.00%.
How does Namliong SkyCosmos' Sloan Ratio % compare to GYGC and UBYH?
Namliong SkyCosmos' Sloan Ratio % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Sloan Ratio % depends on the Diversified Financial Services 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 Namliong SkyCosmos and its competitors. Namliong SkyCosmos'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 Namliong SkyCosmos stock overvalued right now?
Namliong SkyCosmos (NLSC) 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 Namliong SkyCosmos (NLSC), the current Sloan Ratio % is 0.00% as of Mar. 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.

Namliong SkyCosmos Business Description

Address Guanxin Road, No. 77, Sec 2, Guanmiao District, Tainan City, TWN, 71825
Namliong SkyCosmos Inc is a supply chain system company. Along with its subsidiary, the company assists customers in establishing a supply chain system and provides assistance in the following business sectors: textile products; green building materials; machinery and equipment; generators; coal trading; and bioenergy and diesel. It also provides consulting services to other developers and operators of other companies related to the planning, marketing, and operating of solutions.