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EPACK Durable (NSE:EPACK) Sloan Ratio % : 0.00% (As of Sep. 2024)


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What is EPACK Durable 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.

EPACK Durable's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

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


EPACK Durable Sloan Ratio % Historical Data

The historical data trend for EPACK Durable'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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EPACK Durable Sloan Ratio % Chart

EPACK Durable Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
-6.33 23.27 15.75 8.77

EPACK Durable Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of EPACK Durable's Sloan Ratio %

For the Furnishings, Fixtures & Appliances subindustry, EPACK Durable'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.


EPACK Durable's Sloan Ratio % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, EPACK Durable's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where EPACK Durable's Sloan Ratio % falls into.



EPACK Durable 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.

EPACK Durable's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2024 )-Cash Flow from Operations (A: Mar. 2024 )
-Cash Flow from Investing (A: Mar. 2024 ))/Total Assets (A: Mar. 2024 )
=(353.734-2569.774
--3766.43)/17677.731
=8.77%

EPACK Durable's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(88.359-0
-0)/17835.234
=0.50%

EPACK Durable's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -60.797 (Sep. 2023 ) + 0 (Mar. 2024 ) + 234.078 (Jun. 2024 ) + -84.922 (Sep. 2024 ) = ₹88 Mil.
EPACK Durable's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) = ₹0 Mil.
EPACK Durable's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 0 (Mar. 2024 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) = ₹0 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.


EPACK Durable  (NSE:EPACK) 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, EPACK Durable has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


EPACK Durable Sloan Ratio % Related Terms

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EPACK Durable Business Description

Comparable Companies
Traded in Other Exchanges
Address
AltF 142 Noida, TR - 901, 9th Floor, Plot No. 21 and 21A, Sector 142, Noida, UP, IND, 201304
EPACK Durable Ltd is engaged in the business of manufacturing electronics consumer durable items. Its products include Room Air Conditioners, Induction Cooktops, Mixer Grinders, and Water Dispensers among others. The company also manufactures components related to consumer electronics such as Heat exchangers, Induction coils, Axial fans, Copper tubings, Sheet metals, and others. The company operates in a single operating segment and geographical segment.

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