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Hanza AB (OSTO:HANZA) Sloan Ratio % : 4.78% (As of Dec. 2024)


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What is Hanza AB 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.

Hanza AB's Sloan Ratio for the quarter that ended in Dec. 2024 was 4.78%.

As of Dec. 2024, Hanza AB has a Sloan Ratio of 4.78%, indicating the company is in the safe zone and there is no funny business with accruals.


Hanza AB Sloan Ratio % Historical Data

The historical data trend for Hanza AB'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.

Hanza AB Sloan Ratio % Chart

Hanza AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.71 7.12 6.30 7.92 4.78

Hanza AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.99 16.37 13.65 10.33 4.78

Competitive Comparison of Hanza AB's Sloan Ratio %

For the Electronic Components subindustry, Hanza AB'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.


Hanza AB's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanza AB's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Hanza AB's Sloan Ratio % falls into.


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Hanza AB 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.

Hanza AB's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(111-569
--632)/3637
=4.78%

Hanza AB's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(111-569
--632)/3637
=4.78%

Hanza AB's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 34 (Mar. 2024 ) + 6 (Jun. 2024 ) + 40 (Sep. 2024 ) + 31 (Dec. 2024 ) = kr111 Mil.
Hanza AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 31 (Mar. 2024 ) + 135 (Jun. 2024 ) + 114 (Sep. 2024 ) + 289 (Dec. 2024 ) = kr569 Mil.
Hanza AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -414 (Mar. 2024 ) + -95 (Jun. 2024 ) + -63 (Sep. 2024 ) + -60 (Dec. 2024 ) = kr-632 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.


Hanza AB  (OSTO:HANZA) 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 Dec. 2024, Hanza AB has a Sloan Ratio of 4.78%, indicating the company is in the safe zone and there is no funny business with accruals.


Hanza AB Sloan Ratio % Related Terms

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Hanza AB Business Description

Traded in Other Exchanges
N/A
Address
Torshamnsgatan 35, Kista, Stockholm, SWE, 164 40
Hanza AB is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, it creates stable deliveries, increased profitability and an environmentally friendly manufacturing process for customers. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. The business areas of the company include Business Advisory Services, Simplifying Eco Design and Manufacturing Solutions. The company has three reportable segments: Main Markets; Other Markets; and Business Development.

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