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AXA Mansard Insurance (NSA:MANSARD) Sloan Ratio % : 0.00% (As of . 20)


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What is AXA Mansard Insurance 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.

AXA Mansard Insurance's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, AXA Mansard Insurance has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


AXA Mansard Insurance Sloan Ratio % Historical Data

The historical data trend for AXA Mansard Insurance'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.

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AXA Mansard Insurance Sloan Ratio % Chart

AXA Mansard Insurance Annual Data
Trend
Sloan Ratio %

AXA Mansard Insurance Quarterly Data
Sloan Ratio %

Competitive Comparison of AXA Mansard Insurance's Sloan Ratio %

For the Insurance - Diversified subindustry, AXA Mansard Insurance'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.


AXA Mansard Insurance's Sloan Ratio % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AXA Mansard Insurance's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where AXA Mansard Insurance's Sloan Ratio % falls into.



AXA Mansard Insurance 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.

AXA Mansard Insurance's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

AXA Mansard Insurance's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

AXA Mansard Insurance does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in . 20.

* 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.


AXA Mansard Insurance  (NSA:MANSARD) 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 . 20, AXA Mansard Insurance has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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AXA Mansard Insurance (NSA:MANSARD) Business Description

Traded in Other Exchanges
N/A
Address
Santa Clara Court, Plot 1412, Ahmadu, Bello Way, Victoria Island, Lagos, NGA
AXA Mansard Insurance PLC is an insurance and asset management company. The company offers life and non-life insurance products and services to individuals and institutions across Nigeria. It also offers asset/investment management services, medical insurance solutions and pension fund administration.

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