GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fluxtek International Corp (ROCO:7443) » Definitions » Sloan Ratio %

Fluxtek International (ROCO:7443) Sloan Ratio % : 0.02% (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Fluxtek International 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.

Fluxtek International's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.02%.

As of Dec. 2024, Fluxtek International has a Sloan Ratio of 0.02%, indicating the company is in the safe zone and there is no funny business with accruals.


Fluxtek International Sloan Ratio % Historical Data

The historical data trend for Fluxtek International'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.

Fluxtek International Sloan Ratio % Chart

Fluxtek International 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 5.68 -4.60 -5.30 -6.37 0.02

Fluxtek International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -5.30 -12.39 -6.37 4.29 0.02

Competitive Comparison of Fluxtek International's Sloan Ratio %

For the Pollution & Treatment Controls subindustry, Fluxtek International'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.


Fluxtek International's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fluxtek International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Fluxtek International's Sloan Ratio % falls into.


;
;

Fluxtek International 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.

Fluxtek International'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 )
=(19.513-54.447
--35.065)/581.603
=0.02%

Fluxtek International'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 )
=(19.513-54.447
--35.065)/581.603
=0.02%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Fluxtek International's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 7.997 (Jun. 2024 ) + 11.516 (Dec. 2024 ) = NT$19.5 Mil.
Fluxtek International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -7.71 (Jun. 2024 ) + 62.157 (Dec. 2024 ) = NT$54.4 Mil.
Fluxtek International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -39.509 (Jun. 2024 ) + 4.444 (Dec. 2024 ) = NT$-35.1 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.


Fluxtek International  (ROCO:7443) 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, Fluxtek International has a Sloan Ratio of 0.02%, indicating the company is in the safe zone and there is no funny business with accruals.


Fluxtek International Sloan Ratio % Related Terms

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


Fluxtek International Business Description

Traded in Other Exchanges
N/A
Address
No.21, Jingjian Road, Qianjinli, Pingtung, TWN, 90093
Fluxtek International Corp is a whole seller and retailer of water purifiers and related components. It is engaged in manufacturing water treatment systems such as water purification equipment and filters. The company's products include Hd-50 Technical Filter, Leak Detector, 5 in 1 Housing Wrench, and others.

Fluxtek International Headlines

No Headlines