GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aberdeen Singapore Fund Inc (NYSE:SGF) » Definitions » Sloan Ratio %

Aberdeen Singapore Fund (Aberdeen Singapore Fund) Sloan Ratio % : 0.00% (As of Oct. 2017)


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

What is Aberdeen Singapore Fund 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.

Aberdeen Singapore Fund's Sloan Ratio for the quarter that ended in Oct. 2017 was 0.00%.

As of Oct. 2017, Aberdeen Singapore Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Aberdeen Singapore Fund Sloan Ratio % Historical Data

The historical data trend for Aberdeen Singapore Fund'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.

Aberdeen Singapore Fund Sloan Ratio % Chart

Aberdeen Singapore Fund Annual Data
Trend Oct17
Sloan Ratio %
-

Aberdeen Singapore Fund Semi-Annual Data
Oct17
Sloan Ratio % -

Competitive Comparison of Aberdeen Singapore Fund's Sloan Ratio %

For the Asset Management subindustry, Aberdeen Singapore Fund'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.


Aberdeen Singapore Fund's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Singapore Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Aberdeen Singapore Fund's Sloan Ratio % falls into.



Aberdeen Singapore Fund 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.

Aberdeen Singapore Fund's Sloan Ratio for the fiscal year that ended in Oct. 2017 is calculated as

Sloan Ratio=(Net Income (A: Oct. 2017 )-Cash Flow from Operations (A: Oct. 2017 )
-Cash Flow from Investing (A: Oct. 2017 ))/Total Assets (A: Oct. 2017 )
=(21.343-0
-0)/100.794
=21.17%

Aberdeen Singapore Fund's Sloan Ratio for the quarter that ended in Oct. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Oct. 2017 )
=(-
-)/
=%

Aberdeen Singapore Fund does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2017.

* 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.


Aberdeen Singapore Fund  (NYSE:SGF) 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 Oct. 2017, Aberdeen Singapore Fund has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Aberdeen Singapore Fund Sloan Ratio % Related Terms

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


Aberdeen Singapore Fund (Aberdeen Singapore Fund) Business Description

Traded in Other Exchanges
N/A
Address
Aberdeen Singapore Fund Inc is a closed-end fund. Its investment objective is capital appreciation, which it seeks through investment in Singapore equity securities.
Executives
David G Harmer director ONE EVERTRUST PLAZA, DAIWA SECURITIES TRUST CO, JERSEY CITY NJ 07302
Guet Tay Kheng other: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Terence Lim other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILIADELPHIA PA 19103
Flavia Cheong other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Hui Lin Ng other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lim Sock-hwei other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Beverley Hendry officer: Vice President C/O ABERDEEN ASSET MANAGMENT INC., 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Narracott other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Victor Rodriguez other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sharon Ferrari officer: Assistant Secretary 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sofia Rosala officer: Vice President & Deputy CCO 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Ian Macdonald other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
John O'keefe officer: Assistant Treasurer 1735 MARKET ST, 32ND FL, PHILADELPHIA PA 19103

Aberdeen Singapore Fund (Aberdeen Singapore Fund) Headlines