GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Picturepost Studios Ltd (NSE:PPSL) » Definitions » Sloan Ratio %

Picturepost Studios (NSE:PPSL) Sloan Ratio % : 0.00% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Picturepost Studios 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.

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

Warning Sign:

When sloan ratio (48.38)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


Picturepost Studios Sloan Ratio % Historical Data

The historical data trend for Picturepost Studios'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.

* Premium members only.

Picturepost Studios Sloan Ratio % Chart

Picturepost Studios Annual Data
Trend Mar22 Mar23 Mar24
Sloan Ratio %
1,205.64 43.88 48.38

Picturepost Studios Semi-Annual Data
Mar22 Mar23 Mar24 Sep24
Sloan Ratio % - - - -

Competitive Comparison of Picturepost Studios's Sloan Ratio %

For the Entertainment subindustry, Picturepost Studios'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.


Picturepost Studios's Sloan Ratio % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Picturepost Studios's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Picturepost Studios's Sloan Ratio % falls into.


;
;

Picturepost Studios 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.

Picturepost Studios'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 )
=(34.356-23.514
--78.589)/184.833
=48.38%

Picturepost Studios'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 )
=(24.428--38.766
--82.336)/356.452
=40.83%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Picturepost Studios's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Mar. 2024 ) + 24.428 (Sep. 2024 ) = ₹24.4 Mil.
Picturepost Studios's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Mar. 2024 ) + -38.766 (Sep. 2024 ) = ₹-38.8 Mil.
Picturepost Studios's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Mar. 2024 ) + -82.336 (Sep. 2024 ) = ₹-82.3 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.


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


Picturepost Studios Sloan Ratio % Related Terms

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


Picturepost Studios Business Description

Traded in Other Exchanges
N/A
Address
Junction of S.V. Road & 1st Road, 701, 7th Floor, Sapphire Building, Khar Colony, Khar West, Mumbai, MH, IND, 400052
Picturepost Studios Ltd is a creative and innovative post-production Company specializing in film editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, grading, film and Commercial mastering of channels and digital platforms. It offers a wide range of services to cater to the diverse needs of the entertainment industry. It is one of the visual effects Company covering the entire spectrum of post-production requirements ranging from digital intermediates and visual effects to online editorials and operates as a studio, specializing in Films, Web series and advertisements, With a strong focus on high-end colour grading, motion design, visual effects, and online editing.

Picturepost Studios Headlines

No Headlines