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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.
Air Water Ventures's Sloan Ratio for the quarter that ended in Dec. 2025 was -27.51%.
As of Dec. 2025, Air Water Ventures has a Sloan Ratio of -27.51%, indicating earnings are more likely to be made up of accruals.
Air Water Ventures (NAS:WATR) 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 Dec. 2025, Air Water Ventures has a Sloan Ratio of -27.51%, indicating earnings are more likely to be made up of accruals.
Air Water Ventures Sloan Ratio % Related Terms
Air Water Ventures Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Air Water Ventures'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.
Air Water Ventures Sloan Ratio % Chart
Air Water Ventures Annual Data
Trend
Dec23
Dec24
Dec25
Sloan Ratio %
-226.81
37.81
-27.52
Air Water Ventures Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Sloan Ratio %
0.00
0.00
37.82
5.71
-27.51
WATR vs : Sloan Ratio % Comparison
For the Industrial Distribution subindustry, Air Water Ventures'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.
Air Water Ventures Sloan Ratio % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Air Water Ventures's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Air Water Ventures's Sloan Ratio % falls into.
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.
Air Water Ventures's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Air Water Ventures's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -7.037 (Jun. 2025 ) + -20.506 (Dec. 2025 ) = $-27.54 Mil.
Air Water Ventures's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was -6.229 (Jun. 2025 ) + -11.876 (Dec. 2025 ) = $-18.11 Mil.
Air Water Ventures's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -0.352 (Jun. 2025 ) + -0.407 (Dec. 2025 ) = $-0.76 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.
Air Water Ventures (WATR) has a Sloan Ratio % of -27.51% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Air Water Ventures and its competitors.
Is Air Water Ventures' Sloan Ratio % too high?
Air Water Ventures' current Sloan Ratio % is -27.51%. Overall, Air Water Ventures has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Air Water Ventures' Sloan Ratio % compare to ?
Air Water Ventures' Sloan Ratio % of -27.51% can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Industrial Distribution company?
A good Sloan Ratio % depends on the Industrial Distribution industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Air Water Ventures and its competitors. Air Water Ventures's current Sloan Ratio % is -27.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water Ventures stock overvalued right now?
Air Water Ventures (WATR) has a current Sloan Ratio % of -27.51%. The current Sloan Ratio % is -27.51%. Air Water Ventures' overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Air Water Ventures (WATR), the current Sloan Ratio % is -27.51% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Addressc/o Air Water Ventures Ltd, PO Box 109214, Unit 3, Kizad KLP FZ, Kizad, Abu Dhabi, ARE
Air Water Ventures Ltd is a sustainable water solutions provider that produces drinking water by extracting humidity from the air. Its business includes premium packaged water sold in cans and bottles, manufacturing atmospheric water generators (AWGs) ranging from consumer to industrial scale, and operating water production and bottling facilities. The company has two reportable segments: bottling revenue and other revenue. Bottling revenue includes sales of packaged water, installation of bottling units at customer or own facilities, and supply of water via air-to-water generators to hospitality customers. Other revenue, the key revenue segment, includes sales of air-to-water generator machines, related maintenance and after-sales services, and leasing of air-to-water generator units.
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