NLB Komercijalna banka ad Beograd (XBEL:KMBNPB.PFD) Sloan Ratio % : 0.00% (As of Jun. 2022)

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What is NLB Komercijalna banka ad Beograd 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.

NLB Komercijalna banka ad Beograd's Sloan Ratio for the quarter that ended in Jun. 2022 was 0.00%.

As of Jun. 2022, NLB Komercijalna banka ad Beograd has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

NLB Komercijalna banka ad Beograd Sloan Ratio % Historical Data

The historical data trend for NLB Komercijalna banka ad Beograd'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.

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NLB Komercijalna banka ad Beograd Sloan Ratio % Chart

NLB Komercijalna banka ad Beograd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Sloan Ratio %

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1.66

-2.50

1.54

-1.14

-3.00

NLB Komercijalna banka ad Beograd Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Sloan Ratio %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of NLB Komercijalna banka ad Beograd's Sloan Ratio %

For the Banks - Regional subindustry, NLB Komercijalna banka ad Beograd'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.

NLB Komercijalna banka ad Beograd's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NLB Komercijalna banka ad Beograd's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where NLB Komercijalna banka ad Beograd's Sloan Ratio % falls into.

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NLB Komercijalna banka ad Beograd 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.

NLB Komercijalna banka ad Beograd'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 )
	=	(2777.593	-	22191.993
	-	-4726.231)	/	489468.222
	=	-3.00%

NLB Komercijalna banka ad Beograd's Sloan Ratio for the quarter that ended in Jun. 2022 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Jun. 2022 )
	=	(5501.923	-	0
	-	0)	/	543668.96
	=	1.01%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. NLB Komercijalna banka ad Beograd's Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was 1968.236 (Dec. 2021 ) + 3533.687 (Jun. 2022 ) = RSD5,501.92 Mil.
NLB Komercijalna banka ad Beograd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2022 was 0 (Dec. 2021 ) + 0 (Jun. 2022 ) = RSD0.00 Mil.
NLB Komercijalna banka ad Beograd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2022 was 0 (Dec. 2021 ) + 0 (Jun. 2022 ) = RSD0.00 Mil.

NLB Komercijalna banka ad Beograd (XBEL:KMBNPB.PFD) 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 Jun. 2022, NLB Komercijalna banka ad Beograd has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

NLB Komercijalna banka ad Beograd Sloan Ratio % Related Terms

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NLB Komercijalna banka ad Beograd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NLB Komercijalna banka ad Beograd (XBEL:KMBNPB.PFD) » Definitions » Sloan Ratio %

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Traded in Other Exchanges

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Address

14, Svetog Save Street, Belgrade, SRB, 11000

Website

https://www.kombank.com

NLB Komercijalna banka ad Beograd is engaged in crediting activities, deposit and guarantee activities, and payment transfer operations in the country and abroad. The bank has three operating segments, Operations with retail sector, Operations with corporate sector and Investment, and Interbank Operations. It does retail banking with retail customers - individuals, micro-businesses, entrepreneurs, and agricultural producers. Its corporate banking services include loans, deposits, and other transactions with legal entities other than banks. The Investment and Interbank Operations segments include securities and other financial instruments, as well as transactions with banks.

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