Cox & Kings Financial Service (NSE:CKFSL) Sloan Ratio %: 0.00% (As of Mar. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cox & Kings Financial Service Sloan Ratio %?

Cox & Kings Financial Service NSE:CKFSL Sloan Ratio % is 0.00% as of Mar. 2021.

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.

Cox & Kings Financial Service's Sloan Ratio for the quarter that ended in Mar. 2021 was 0.00%.

As of Mar. 2021, Cox & Kings Financial Service has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Cox & Kings Financial Service  (NSE:CKFSL) 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. 2021, Cox & Kings Financial Service has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Cox & Kings Financial Service Sloan Ratio % Related Terms


Cox & Kings Financial Service Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Cox & Kings Financial Service'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.

Cox & Kings Financial Service Sloan Ratio % Chart

Cox & Kings Financial Service Annual Data
Trend Mar18 Mar19 Mar20 Mar21
Sloan Ratio %
63.29 17.12 -222,258.33 0.00

Cox & Kings Financial Service Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Sloan Ratio % Get a 7-Day Free Trial 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

Cox & Kings Financial Service Sloan Ratio % Competitor Comparison

For the Credit Services subindustry, Cox & Kings Financial Service'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.


Cox & Kings Financial Service Sloan Ratio % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Cox & Kings Financial Service's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Cox & Kings Financial Service's Sloan Ratio % falls into.



Cox & Kings Financial Service 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.

Cox & Kings Financial Service's Sloan Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2021 )-Cash Flow from Operations (A: Mar. 2021 )
-Cash Flow from Investing (A: Mar. 2021 ))/Total Assets (A: Mar. 2021 )
=(-544.5-0.1
-0)/1.9
=-28,663.16%

Cox & Kings Financial Service's Sloan Ratio for the quarter that ended in Mar. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2021 )
=(-544.6-0
-0)/1.9
=-28,663.16%

Cox & Kings Financial Service's Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was -145.4 (Jun. 2020 ) + -141.1 (Sep. 2020 ) + -131.3 (Dec. 2020 ) + -126.8 (Mar. 2021 ) = ₹-544.60 Mil.
Cox & Kings Financial Service's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2021 was 0 (Jun. 2020 ) + 0 (Sep. 2020 ) + 0 (Dec. 2020 ) + 0 (Mar. 2021 ) = ₹0.00 Mil.
Cox & Kings Financial Service's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2021 was 0 (Jun. 2020 ) + 0 (Sep. 2020 ) + 0 (Dec. 2020 ) + 0 (Mar. 2021 ) = ₹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?
Cox & Kings Financial Service (NSE:CKFSL) has a Sloan Ratio % of 0.00% as of Mar. 2021. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Cox & Kings Financial Service and its competitors.
Is Cox & Kings Financial Service's Sloan Ratio % too high?
Cox & Kings Financial Service's current Sloan Ratio % is 0.00%.
How does Cox & Kings Financial Service's Sloan Ratio % compare to competitors?
Cox & Kings Financial Service's Sloan Ratio % of 0.00% can be compared against companies in the Credit 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 Credit Services company?
A good Sloan Ratio % depends on the Credit 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 Cox & Kings Financial Service and its competitors. Cox & Kings Financial Service'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 Cox & Kings Financial Service stock overvalued right now?
Cox & Kings Financial Service (NSE:CKFSL) 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 Cox & Kings Financial Service (NSE:CKFSL), the current Sloan Ratio % is 0.00% as of Mar. 2021. 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.

Cox & Kings Financial Service Business Description

Address Off. Andheri Kurla Link Road, Marol Makwana Road, 1st Floor, Vaman Centre, Andheri (East), Mumbai, MH, IND, 400001
Cox & Kings Financial Service Ltd is an Indian based company proposes to carry on Foreign Exchange Business, Holiday Financing, Student Loan Financing and Other Non-Banking Financial Service Activities.