Eastwood Bio-Medical Canada (TSXV:EBM) Sloan Ratio % : 0.00% (As of Oct. 2024)

Eastwood Bio-Medical Canada Sloan Ratio % Chart

Eastwood Bio-Medical Canada Annual Data
	Trend	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24
Sloan Ratio %		Get a 7-Day Free Trial					-	-69.75	-24.44	-	-

Eastwood Bio-Medical Canada Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Sloan Ratio %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Eastwood Bio-Medical Canada's Sloan Ratio %

For the Food Distribution subindustry, Eastwood Bio-Medical Canada'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.

Eastwood Bio-Medical Canada's Sloan Ratio % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Eastwood Bio-Medical Canada's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Eastwood Bio-Medical Canada's Sloan Ratio % falls into.

Eastwood Bio-Medical Canada 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.

Eastwood Bio-Medical Canada's Sloan Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Eastwood Bio-Medical Canada's Sloan Ratio for the quarter that ended in Oct. 2024 is calculated as

Eastwood Bio-Medical Canada's Net Income for the trailing twelve months (TTM) ended in Oct. 2024 was -0.054 (Jan. 2024 ) + -0.13 (Apr. 2024 ) + -0.116 (Jul. 2024 ) + -0.156 (Oct. 2024 ) = C$-0.46 Mil.
Eastwood Bio-Medical Canada's Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2024 was -0.001 (Jan. 2024 ) + 0.011 (Apr. 2024 ) + -0.018 (Jul. 2024 ) + -0.008 (Oct. 2024 ) = C$-0.02 Mil.
Eastwood Bio-Medical Canada's Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2024 was 0 (Jan. 2024 ) + 0 (Apr. 2024 ) + 0 (Jul. 2024 ) + 0 (Oct. 2024 ) = C$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.

Eastwood Bio-Medical Canada  (TSXV:EBM) 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. 2024, Eastwood Bio-Medical Canada has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Eastwood Bio-Medical Canada Sloan Ratio % Related Terms

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Eastwood Bio-Medical Canada Business Description