What is William Penn Bancorporation 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.
As of Sep. 2024, William Penn Bancorporation has a Sloan Ratio of -4.75%, indicating the company is in the safe zone and there is no funny business with accruals.
William Penn Bancorporation Sloan Ratio % Historical Data
* 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 William Penn Bancorporation's Sloan Ratio %
For the Banks - Regional subindustry, William Penn Bancorporation'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.
William Penn Bancorporation's Sloan Ratio % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, William Penn Bancorporation's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where William Penn Bancorporation's Sloan Ratio % falls into.
William Penn Bancorporation 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.
William Penn Bancorporation's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 0.011 (Dec. 2023 ) + 0.136 (Mar. 2024 ) + -0.158 (Jun. 2024 ) + -0.021 (Sep. 2024 ) = $-0.03 Mil.
William Penn Bancorporation's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0.314 (Dec. 2023 ) + -0.35 (Mar. 2024 ) + -0.046 (Jun. 2024 ) + -0.025 (Sep. 2024 ) = $-0.11 Mil.
William Penn Bancorporation's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 10.347 (Dec. 2023 ) + -6.851 (Mar. 2024 ) + 16.79 (Jun. 2024 ) + 18.402 (Sep. 2024 ) = $38.69 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.
William Penn Bancorporation (NAS:WMPN) 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, William Penn Bancorporation has a Sloan Ratio of -4.75%, indicating the company is in the safe zone and there is no funny business with accruals.
William Penn Bancorporation Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of William Penn Bancorporation's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
William Penn Bancorporation operates as an independent community financial services provider. The bank offers traditional banking and related financial services to individual, business, and government customers. Through its branch and automated teller machine network, the bank offers a full array of commercial and retail financial services, including; the taking of time, savings, and demand deposits; the making of commercial, consumer, and mortgage loans; and the providing of other financial services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WMPN has been successfully added to your 