Meridian AD (XBLB:MRDN-R-A) Sloan Ratio %: 0.00% (As of Dec. 2014)

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What is Meridian AD Sloan Ratio %?

Meridian AD XBLB:MRDN-R-A Sloan Ratio % is 0.00% as of Dec. 2014.

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.

Meridian AD's Sloan Ratio for the quarter that ended in Dec. 2014 was 0.00%.

As of Dec. 2014, Meridian AD has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Meridian AD  (XBLB:MRDN-R-A) 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. 2014, Meridian AD has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Meridian AD Sloan Ratio % Related Terms


Meridian AD Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Meridian AD'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.

Meridian AD Sloan Ratio % Chart

Meridian AD Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Sloan Ratio %
4.45 -7.17 4.66 -2.98

Meridian AD Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14
Sloan Ratio % Get a 7-Day Free Trial 0.00 -7.16 -0.01 4.65 0.00

XBLB:MRDN-R-A vs JANL: Sloan Ratio % Comparison

For the Integrated Freight & Logistics subindustry, Meridian AD'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.


Meridian AD Sloan Ratio % vs Transportation Industry

For the Transportation industry and Industrials sector, Meridian AD's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Meridian AD's Sloan Ratio % falls into.



Meridian AD 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.

Meridian AD's Sloan Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2014 )-Cash Flow from Operations (A: Dec. 2014 )
-Cash Flow from Investing (A: Dec. 2014 ))/Total Assets (A: Dec. 2014 )
=(0.332-0.913
--0.132)/15.06
=-2.98%

Meridian AD's Sloan Ratio for the quarter that ended in Dec. 2014 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2014 )
=(0.058--0.085
--0.119)/15.06
=1.74%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Meridian AD's Net Income for the trailing twelve months (TTM) ended in Dec. 2014 was 0.058 (Dec. 2013 ) + 0 (Dec. 2014 ) = BAM0.06 Mil.
Meridian AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2014 was -0.085 (Dec. 2013 ) + 0 (Dec. 2014 ) = BAM-0.09 Mil.
Meridian AD's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2014 was -0.119 (Dec. 2013 ) + 0 (Dec. 2014 ) = BAM-0.12 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Meridian AD (XBLB:MRDN-R-A) has a Sloan Ratio % of 0.00% as of Dec. 2014. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Meridian AD and its competitors.
Is Meridian AD's Sloan Ratio % too high?
Meridian AD's current Sloan Ratio % is 0.00%.
How does Meridian AD's Sloan Ratio % compare to JANL?
Meridian AD's Sloan Ratio % of 0.00% can be compared against companies in the Transportation 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 a Transportation company?
A good Sloan Ratio % depends on the Transportation 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 Meridian AD and its competitors. Meridian AD's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian AD stock overvalued right now?
Meridian AD (XBLB:MRDN-R-A) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. 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 Meridian AD (XBLB:MRDN-R-A), the current Sloan Ratio % is 0.00% as of Dec. 2014. 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.

Meridian AD Business Description

Address Branka Perduva bb, Banja Luka, BIH, 78000
Meridian AD operates in the integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.