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.
Kino Polska TV's Sloan Ratio for the quarter that ended in Sep. 2024 was 19.57%.
As of Sep. 2024, Kino Polska TV has a Sloan Ratio of 19.57%, indicating there is a warning stage of accrual build up.
Kino Polska TV Sloan Ratio % Historical Data
The historical data trend for Kino Polska TV'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.
Competitive Comparison of Kino Polska TV's Sloan Ratio %
For the Broadcasting subindustry, Kino Polska TV'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.
Kino Polska TV's Sloan Ratio % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Kino Polska TV's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Kino Polska TV's Sloan Ratio % falls into.
Kino Polska TV 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.
Kino Polska TV's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Kino Polska TV's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 19.367 (Dec. 2023 ) + 18.726 (Mar. 2024 ) + 17.592 (Jun. 2024 ) + 15.317 (Sep. 2024 ) = zł71.0 Mil.
Kino Polska TV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 13.487 (Dec. 2023 ) + -0.369 (Mar. 2024 ) + 22.299 (Jun. 2024 ) + 38.797 (Sep. 2024 ) = zł74.2 Mil.
Kino Polska TV's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -26.837 (Dec. 2023 ) + -11.873 (Mar. 2024 ) + -12.985 (Jun. 2024 ) + -27.46 (Sep. 2024 ) = zł-79.2 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.
Kino Polska TV (WAR:KPL) 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.
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, Kino Polska TV has a Sloan Ratio of 19.57%, indicating there is a warning stage of accrual build up.
Kino Polska TV Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Kino Polska TV's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kino Polska TV SA is a Poland based company involved in offering distribution publishing film production Internet services and broadcasts television channels The companys core operations include broadcasting and producing television channels Kino Polska Kino Polska Muzyka Kino TV FilmBox Premium HD theme channels and terrestrial channels Zoom TV and Stopklatka sales of advertising time in Poland and in the Czech Republic and trading in licensing rights The channels produced broadcast and distributed by the Group are included in the offers of all major Polish operators They are also available in forty countries in all parts of the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WAR:KPL has been successfully added to your 