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Prima Moda (WAR:PMA) Sloan Ratio % : 0.00% (As of Mar. 2023)


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What is Prima Moda 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.

Prima Moda's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

As of Mar. 2023, Prima Moda has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Prima Moda Sloan Ratio % Historical Data

The historical data trend for Prima Moda'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.

Prima Moda Sloan Ratio % Chart

Prima Moda Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 11.25 -14.52 -16.17 3.27

Prima Moda Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 0.04 -6.25 -71.69 -76.08 -

Competitive Comparison of Prima Moda's Sloan Ratio %

For the Footwear & Accessories subindustry, Prima Moda'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.


Prima Moda's Sloan Ratio % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prima Moda's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Prima Moda's Sloan Ratio % falls into.



Prima Moda 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.

Prima Moda'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 )
=(0.998-0.877
--0.746)/26.484
=3.27%

Prima Moda's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(-7.419-1.894
-4.038)/12.793
=-104.36%

Prima Moda's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was -0.484 (Mar. 2022 ) + -5.261 (Jun. 2022 ) + -0.753 (Sep. 2022 ) + -0.921 (Mar. 2023 ) = zł-7.42 Mil.
Prima Moda's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was 0.145 (Mar. 2022 ) + 1.263 (Jun. 2022 ) + -0.042 (Sep. 2022 ) + 0.528 (Mar. 2023 ) = zł1.89 Mil.
Prima Moda's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was -0.08 (Mar. 2022 ) + 3.724 (Jun. 2022 ) + 0.394 (Sep. 2022 ) + 0 (Mar. 2023 ) = zł4.04 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.


Prima Moda  (WAR:PMA) 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 Mar. 2023, Prima Moda has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Prima Moda Sloan Ratio % Related Terms

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Prima Moda (WAR:PMA) Business Description

Traded in Other Exchanges
N/A
Address
ul. Parafialna 27, Wroclaw, POL, 52-233
Prima Moda SA is engaged in the retail sale of men's and women's footwear, leather goods and accessories. Its products includes small and large handbags, shoes, boots, snowboots, sandals, slippers, moccasins, clutches, belts, socks, wallets, glasses, keyrings, hats and scarves, bracelets and others.

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