GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Winvest Group Ltd (OTCPK:WNLV) » Definitions » Sloan Ratio %

Winvest Group (Winvest Group) Sloan Ratio % : 0.00% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Winvest Group 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.

Winvest Group's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

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


Winvest Group Sloan Ratio % Historical Data

The historical data trend for Winvest Group'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.

Winvest Group Sloan Ratio % Chart

Winvest Group Annual Data
Trend May20 May21 Dec22 Dec23
Sloan Ratio %
- - -903.17 -

Winvest Group Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Winvest Group's Sloan Ratio %

For the Asset Management subindustry, Winvest Group'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.


Winvest Group's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Winvest Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Winvest Group's Sloan Ratio % falls into.



Winvest Group 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.

Winvest Group'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 )
=(-0.875--0.23
-0)/0.128
=-503.91%

Winvest Group'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 )
=(-0.875--0.231
-0)/0.128
=-503.13%

Winvest Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.655 (Mar. 2023 ) + -0.116 (Jun. 2023 ) + -0.063 (Sep. 2023 ) + -0.041 (Dec. 2023 ) = $-0.88 Mil.
Winvest Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.062 (Mar. 2023 ) + -0.071 (Jun. 2023 ) + -0.093 (Sep. 2023 ) + -0.005 (Dec. 2023 ) = $-0.23 Mil.
Winvest Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = $0.00 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.


Winvest Group  (OTCPK:WNLV) 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, Winvest Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Winvest Group Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Winvest Group's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Winvest Group (Winvest Group) Business Description

Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Winvest Group Ltd is an investment holding company. It provides diverse portfolios with a focus on education and planning, franchising, wealth marketing, as well as traditional and renewable energy sources.

Winvest Group (Winvest Group) Headlines