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SGB Cote d'Ivoire (XBRV:SGBC) Sloan Ratio % : 0.00% (As of . 20)


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What is SGB Cote d'Ivoire 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.

SGB Cote d'Ivoire's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, SGB Cote d'Ivoire has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SGB Cote d'Ivoire Sloan Ratio % Historical Data

The historical data trend for SGB Cote d'Ivoire'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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SGB Cote d'Ivoire Sloan Ratio % Chart

SGB Cote d'Ivoire Annual Data
Trend
Sloan Ratio %

SGB Cote d'Ivoire Quarterly Data
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Competitive Comparison of SGB Cote d'Ivoire's Sloan Ratio %

For the Banks - Regional subindustry, SGB Cote d'Ivoire'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.


SGB Cote d'Ivoire's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SGB Cote d'Ivoire's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where SGB Cote d'Ivoire's Sloan Ratio % falls into.



SGB Cote d'Ivoire 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.

SGB Cote d'Ivoire's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

SGB Cote d'Ivoire's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

SGB Cote d'Ivoire does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in . 20.

* 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.


SGB Cote d'Ivoire  (XBRV:SGBC) 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 . 20, SGB Cote d'Ivoire has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SGB Cote d'Ivoire Sloan Ratio % Related Terms

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SGB Cote d'Ivoire (XBRV:SGBC) Business Description

Traded in Other Exchanges
N/A
Address
01 BP, Plateau 5 and 7 Avenue Joseph Anoma, Abidjan, CIV, 1355
SGB Cote d'Ivoire provides banking products and services to individuals, corporations, institutions, and professionals in the Ivory Coast. The company offers accounts, including remote banking products and money transfers; credits, such as real estate loans; life and non-life insurance; savings and investments; and loyalty programs for individuals.

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