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Paysera Bulgaria JSC (XBUL:PAY) Sloan Ratio % : 0.00% (As of . 20)


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What is Paysera Bulgaria JSC 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.

Paysera Bulgaria JSC's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Paysera Bulgaria JSC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Paysera Bulgaria JSC Sloan Ratio % Historical Data

The historical data trend for Paysera Bulgaria JSC'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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Paysera Bulgaria JSC Sloan Ratio % Chart

Paysera Bulgaria JSC Annual Data
Trend
Sloan Ratio %

Paysera Bulgaria JSC Semi-Annual Data
Sloan Ratio %

Competitive Comparison of Paysera Bulgaria JSC's Sloan Ratio %

For the Software - Infrastructure subindustry, Paysera Bulgaria JSC'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.


Paysera Bulgaria JSC's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Paysera Bulgaria JSC's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Paysera Bulgaria JSC's Sloan Ratio % falls into.


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Paysera Bulgaria JSC 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.

Paysera Bulgaria JSC'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 )
=(-
-)/
=%

Paysera Bulgaria JSC'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 )
=(-
-)/
=%

Paysera Bulgaria JSC 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.


Paysera Bulgaria JSC  (XBUL:PAY) 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, Paysera Bulgaria JSC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Paysera Bulgaria JSC Sloan Ratio % Related Terms

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Paysera Bulgaria JSC Business Description

Traded in Other Exchanges
N/A
Address
Ami Bue str. 84, floor 4th, Sofia, BGR, 1612
Paysera Bulgaria JSC is a payment solutions company for e-shops, gaming or entertainment portals, restaurants, cafes and mobile POS.