GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saigon General Service Corp (STC:SVC) » Definitions » Sloan Ratio %

Saigon General Service (STC:SVC) Sloan Ratio % : 0.00% (As of . 20)


View and export this data going back to 2009. Start your Free Trial

What is Saigon General Service 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.

Saigon General Service's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Saigon General Service has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Saigon General Service Sloan Ratio % Historical Data

The historical data trend for Saigon General Service'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.

Saigon General Service Sloan Ratio % Chart

Saigon General Service Annual Data
Trend
Sloan Ratio %

Saigon General Service Quarterly Data
Sloan Ratio %

Competitive Comparison of Saigon General Service's Sloan Ratio %

For the Auto & Truck Dealerships subindustry, Saigon General Service'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.


Saigon General Service's Sloan Ratio % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Saigon General Service's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Saigon General Service's Sloan Ratio % falls into.



Saigon General Service 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.

Saigon General Service's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

Saigon General Service's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

Saigon General Service 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 . 20.

* 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.


Saigon General Service  (STC:SVC) 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 . 20, Saigon General Service has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Saigon General Service Sloan Ratio % Related Terms

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


Saigon General Service (STC:SVC) Business Description

Traded in Other Exchanges
N/A
Address
68 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, VNM
Saigon General Service Corp is engaged in investing and developing automobile and motorbike distributing networks of various brands. The company is involved in the dealership of cars and motorbikes. It also develops real estate projects, such as office buildings, commercial centers, apartments, and resorts. In addition, it provides financial services.