GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SDCL EDGE Acquisition Corp (NYSE:SEDA) » Definitions » Sloan Ratio %

SDCL EDGE Acquisition (SDCL EDGE Acquisition) Sloan Ratio % : 0.00% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is SDCL EDGE Acquisition 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.

SDCL EDGE Acquisition's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

Warning Sign:

When sloan ratio (-47.11)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, SDCL EDGE Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SDCL EDGE Acquisition Sloan Ratio % Historical Data

The historical data trend for SDCL EDGE Acquisition'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.

SDCL EDGE Acquisition Sloan Ratio % Chart

SDCL EDGE Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
- - -47.11

SDCL EDGE Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of SDCL EDGE Acquisition's Sloan Ratio %

For the Shell Companies subindustry, SDCL EDGE Acquisition'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.


SDCL EDGE Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SDCL EDGE Acquisition's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where SDCL EDGE Acquisition's Sloan Ratio % falls into.



SDCL EDGE Acquisition 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.

SDCL EDGE Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(3.866--0.959
-71.971)/142.529
=-47.11%

SDCL EDGE Acquisition's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-2.078--1.069
--0.75)/144.798
=-0.18%

SDCL EDGE Acquisition's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 2.655 (Jun. 2023 ) + 0.234 (Sep. 2023 ) + 0.678 (Dec. 2023 ) + -5.645 (Mar. 2024 ) = $-2.08 Mil.
SDCL EDGE Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -0.196 (Jun. 2023 ) + -0.137 (Sep. 2023 ) + -0.397 (Dec. 2023 ) + -0.339 (Mar. 2024 ) = $-1.07 Mil.
SDCL EDGE Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + -0.75 (Mar. 2024 ) = $-0.75 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.


SDCL EDGE Acquisition  (NYSE:SEDA) 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. 2024, SDCL EDGE Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SDCL EDGE Acquisition Sloan Ratio % Related Terms

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


SDCL EDGE Acquisition (SDCL EDGE Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
60 East 42nd Street, Suite 1100, New York, NY, USA, 10165
SDCL EDGE Acquisition Corp is a blank check company.
Executives
Karl E. Olsoni director C/O SDCL EDGE ACQUISITION CORP, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Guy Hands 10 percent owner OLD BANK CHAMBERS, LA GRANDE RUE, ST MARTIN'S Y7 GY4 6RT
Seaside Holdings (nominee) Ltd 10 percent owner PO BOX 286, 2ND FLOOR, TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 4LY
Sustainable Investors Fund, Lp 10 percent owner 250 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Sif Partners, Llc 10 percent owner 250 UNIVERSITY AVE, SUITE 300, PALO ALTO CA 94301
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
William V. Kriegel director 330 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10017
Sdcl Edge Sponsor Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Sdcl Edge Acquisition Corp 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Machado Fernandes Ana Maria director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Naylor director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lolita Jackson director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Edward Wilson Davis officer: CFO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Jonathan Maxwell director, 10 percent owner, officer: Co-Chief Executive Officer PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Trattner Feldman officer: Co-CEO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104