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Tiga Acquisition (Tiga Acquisition) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Tiga 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.

Tiga Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Tiga Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Tiga Acquisition Sloan Ratio % Historical Data

The historical data trend for Tiga 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.

Tiga Acquisition Sloan Ratio % Chart

Tiga Acquisition Annual Data
Trend Dec20 Dec21
Sloan Ratio %
- 10.48

Tiga Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Tiga Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Tiga 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.


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

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

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



Tiga 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.

Tiga Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(23.195--1.1
--5.52)/284.521
=10.48%

Tiga Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(-8.327--2.017
-0)/288.989
=-2.18%

Tiga Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was 0.366 (Dec. 2021 ) + 8.009 (Mar. 2022 ) + -7.518 (Jun. 2022 ) + -9.184 (Sep. 2022 ) = $-8.33 Mil.
Tiga Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.32 (Dec. 2021 ) + -0.868 (Mar. 2022 ) + -0.664 (Jun. 2022 ) + -0.165 (Sep. 2022 ) = $-2.02 Mil.
Tiga Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $0.00 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.


Tiga Acquisition  (NYSE:TINV) 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 Sep. 2022, Tiga Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Tiga Acquisition Sloan Ratio % Related Terms

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Tiga Acquisition (Tiga Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Financial Centre, Level 40, 10 Collyer Quay, Singapore, SGP, 049315
Tiga Acquisition Corp is a blank check company.
Executives
David Christopher Ryan director C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Tiga Sponsor Llc 10 percent owner C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Peter Chambers officer: Chief Operating Officer C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Diana Luo officer: Chief Financial Officer C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Ben Falloon director C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Carman Wong director C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Zage George Raymond Iii director, 10 percent owner, officer: Chief Executive Officer C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Ashish Gupta director, 10 percent owner C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315