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Serina Therapeutics (Serina Therapeutics) Sloan Ratio % : -53.96% (As of Mar. 2024)


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What is Serina Therapeutics 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.

Serina Therapeutics's Sloan Ratio for the quarter that ended in Mar. 2024 was -53.96%.

Warning Sign:

When sloan ratio (-184.97)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, Serina Therapeutics has a Sloan Ratio of -53.96%, indicating earnings are more likely to be made up of accruals.


Serina Therapeutics Sloan Ratio % Historical Data

The historical data trend for Serina Therapeutics'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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Serina Therapeutics Sloan Ratio % Chart

Serina Therapeutics Annual Data
Trend Dec21 Dec22
Sloan Ratio %
8.84 -184.97

Serina Therapeutics Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Mar24
Sloan Ratio % - - -185.20 - -53.96

Competitive Comparison of Serina Therapeutics's Sloan Ratio %

For the Biotechnology subindustry, Serina Therapeutics'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.


Serina Therapeutics's Sloan Ratio % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Serina Therapeutics's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Serina Therapeutics's Sloan Ratio % falls into.



Serina Therapeutics 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.

Serina Therapeutics's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-2.682--2.076
-0.981)/0.858
=-184.97%

Serina Therapeutics'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 )
=(-8.628--2.441
--0.329)/10.856
=-53.96%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Serina Therapeutics's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 0.809 (Jun. 2023 ) + -9.437 (Mar. 2024 ) = $-8.63 Mil.
Serina Therapeutics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -0.864 (Jun. 2023 ) + -1.577 (Mar. 2024 ) = $-2.44 Mil.
Serina Therapeutics's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -0.315 (Jun. 2023 ) + -0.014 (Mar. 2024 ) = $-0.33 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.


Serina Therapeutics  (AMEX:SER) 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, Serina Therapeutics has a Sloan Ratio of -53.96%, indicating earnings are more likely to be made up of accruals.


Serina Therapeutics Sloan Ratio % Related Terms

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Serina Therapeutics (Serina Therapeutics) Business Description

Comparable Companies
Traded in Other Exchanges
Address
601 Genome Way, Suite 2001, Huntsville, AL, USA, 35806
Serina Therapeutics Inc is a clinical-stage biotechnology company developing a pipeline of wholly-owned drug product candidates to treat neurological diseases and pain. Serina's POZ Platform delivery technology is engineered to provide control in drug loading and more precision in the rate of release of attached drugs, enabling the potential of certain challenging small molecules, while addressing the limitations of polyethylene glycol (PEG) and other biocompatible polymers.

Serina Therapeutics (Serina Therapeutics) Headlines