GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Vseobecna Uverova Banka (XBRA:1VUB02AE) » Definitions » Sloan Ratio %

Vseobecna Uverova Banka (XBRA:1VUB02AE) Sloan Ratio % : 0.00% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Vseobecna Uverova Banka 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.

Vseobecna Uverova Banka's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

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


Vseobecna Uverova Banka Sloan Ratio % Historical Data

The historical data trend for Vseobecna Uverova Banka'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.

Vseobecna Uverova Banka Sloan Ratio % Chart

Vseobecna Uverova Banka Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.39 -0.22 -1.89 0.21 -0.15

Vseobecna Uverova Banka Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Vseobecna Uverova Banka's Sloan Ratio %

For the Banks - Regional subindustry, Vseobecna Uverova Banka'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.


Vseobecna Uverova Banka's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vseobecna Uverova Banka's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Vseobecna Uverova Banka's Sloan Ratio % falls into.



Vseobecna Uverova Banka 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.

Vseobecna Uverova Banka'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 )
=(263.745-1
-299.771)/24386.101
=-0.15%

Vseobecna Uverova Banka'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 )
=(99.795-0
-0)/24386.101
=0.41%

Vseobecna Uverova Banka's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 37.149 (Sep. 2022 ) + 62.646 (Dec. 2022 ) + 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = €99.8 Mil.
Vseobecna Uverova Banka's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = €0.0 Mil.
Vseobecna Uverova Banka's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = €0.0 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.


Vseobecna Uverova Banka  (XBRA:1VUB02AE) 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, Vseobecna Uverova Banka has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Vseobecna Uverova Banka Sloan Ratio % Related Terms

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


Vseobecna Uverova Banka (XBRA:1VUB02AE) Business Description

Traded in Other Exchanges
N/A
Address
Mlynske nivy 1, Bratislava, SVK, 82990
Vseobecna Uverova Banka is a Slovakia based company. It provides retail and commercial banking services. The company operates three segments: Retail banking; Corporate Banking; Central Treasury. It provides Loans, Cards, Insurance, saving and insurance services.

Vseobecna Uverova Banka (XBRA:1VUB02AE) Headlines

No Headlines