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Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Sloan Ratio % : -12.38% (As of Dec. 2023)


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What is Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao 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.

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio for the quarter that ended in Dec. 2023 was -12.38%.

As of Dec. 2023, Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao has a Sloan Ratio of -12.38%, indicating there is a warning stage of accrual build up.


Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Sloan Ratio % Historical Data

The historical data trend for Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao'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.

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Sloan Ratio % Chart

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.04 -9.86 2.81 -16.38 -12.40

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -12.90 -12.77 -15.62 -12.38 -

Competitive Comparison of Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio %

For the Specialty Business Services subindustry, Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao'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.


Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio % falls into.



Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao 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.

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(43.53-132.48
--24.532)/519.537
=-12.40%

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(42.824-131.604
--24.456)/519.537
=-12.38%

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 11.415 (Mar. 2023 ) + 11.851 (Jun. 2023 ) + 12.293 (Sep. 2023 ) + 7.265 (Dec. 2023 ) = $42.8 Mil.
Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 11.207 (Mar. 2023 ) + 20.163 (Jun. 2023 ) + 45.243 (Sep. 2023 ) + 54.991 (Dec. 2023 ) = $131.6 Mil.
Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -2.145 (Mar. 2023 ) + -8.362 (Jun. 2023 ) + -2.493 (Sep. 2023 ) + -11.456 (Dec. 2023 ) = $-24.5 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.


Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao  (OTCPK:VSSPY) 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 Dec. 2023, Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao has a Sloan Ratio of -12.38%, indicating there is a warning stage of accrual build up.


Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Sloan Ratio % Related Terms

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Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Business Description

Traded in Other Exchanges
Address
511 - Jardim Novo Mundo, Rua Laura Maiello Kook, Sorocaba, SP, BRA, 18052-445
Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao is engaged in the printing industry which includes security prints, lottery tickets, and systems which include electronic, plastic, and magnetic cards, card encoding, and development, implementation, and execution of electronic document management projects. The reporting segments of the company are means of payment which consists of cards for purposes like payments, identification, and customization, an identification which provides physical and electronic solutions, telecom which offers solutions like instant lottery tickets, and digital certification which offers products, services, consulting and technology for the issue, and use of global, private and Brazilian government certified digital certificates.

Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao Headlines