NPPXF (Nippon Telegraph & Telephone) Sloan Ratio % : 1.03% (As of Sep. 2024)

Nippon Telegraph & Telephone Sloan Ratio % Chart

Nippon Telegraph & Telephone Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Sloan Ratio %		Get a 7-Day Free Trial					-1.25	-2.91	-0.54	2.72	3.02

Nippon Telegraph & Telephone Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Sloan Ratio %	Get a 7-Day Free Trial															3.41	2.43	3.18	-	1.03

Competitive Comparison of Nippon Telegraph & Telephone's Sloan Ratio %

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.

Nippon Telegraph & Telephone's Sloan Ratio % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nippon Telegraph & Telephone's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Nippon Telegraph & Telephone's Sloan Ratio % falls into.

Nippon Telegraph & Telephone 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.

Nippon Telegraph & Telephone's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Nippon Telegraph & Telephone's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Nippon Telegraph & Telephone's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 2363.297 (Dec. 2023 ) + 1791.54 (Mar. 2024 ) + 1736.577 (Jun. 2024 ) + 1963.261 (Sep. 2024 ) = $7,855 Mil.
Nippon Telegraph & Telephone's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 4213.354 (Dec. 2023 ) + 6284.961 (Mar. 2024 ) + 1236.121 (Jun. 2024 ) + 6479.231 (Sep. 2024 ) = $18,214 Mil.
Nippon Telegraph & Telephone's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -3830.652 (Dec. 2023 ) + -2409.394 (Mar. 2024 ) + -3710.997 (Jun. 2024 ) + -2502.329 (Sep. 2024 ) = $-12,453 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.

Nippon Telegraph & Telephone  (OTCPK:NPPXF) 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. 2024, Nippon Telegraph & Telephone has a Sloan Ratio of 1.03%, indicating the company is in the safe zone and there is no funny business with accruals.

Nippon Telegraph & Telephone Sloan Ratio % Related Terms

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

Nippon Telegraph & Telephone Business Description