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JFLA Holdings (TSE:3069) Sloan Ratio % : 0.00% (As of Sep. 2024)


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What is JFLA Holdings 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.

JFLA Holdings's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

As of Sep. 2024, JFLA Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


JFLA Holdings Sloan Ratio % Historical Data

The historical data trend for JFLA Holdings'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.

JFLA Holdings Sloan Ratio % Chart

JFLA Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.45 -9.47 -2.19 -2.83 -5.15

JFLA Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of JFLA Holdings's Sloan Ratio %

For the Restaurants subindustry, JFLA Holdings'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.


JFLA Holdings's Sloan Ratio % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, JFLA Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where JFLA Holdings's Sloan Ratio % falls into.


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JFLA Holdings 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.

JFLA Holdings's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2024 )-Cash Flow from Operations (A: Mar. 2024 )
-Cash Flow from Investing (A: Mar. 2024 ))/Total Assets (A: Mar. 2024 )
=(-618.409-1655.824
--141.786)/41404.135
=-5.15%

JFLA Holdings's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(-349.195-0
-0)/39775.985
=-0.88%

JFLA Holdings's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -74.942 (Sep. 2023 ) + 283.703 (Dec. 2023 ) + -557.956 (Mar. 2024 ) + 0 (Sep. 2024 ) = 円-349 Mil.
JFLA Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) + 0 (Sep. 2024 ) = 円0 Mil.
JFLA Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) + 0 (Sep. 2024 ) = 円0 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.


JFLA Holdings  (TSE:3069) 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. 2024, JFLA Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


JFLA Holdings Sloan Ratio % Related Terms

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JFLA Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 5 No. 6, Nihonbashi Kasei-cho, Chuo-ku, Tokyo, JPN, 103-0014
JFLA Holdings Inc operates as a restaurant service provider. The business of the company include operation of eating out franchise and operation of restaurant, production of foods, calf, livestock feed, and dairy products, import and export of food and beverages, manufacture and sale of soft drinks, and wine import and sales.

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