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Uzma Bhd (XKLS:7250) Sloan Ratio % : 26.96% (As of Sep. 2024)


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What is Uzma Bhd 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.

Uzma Bhd's Sloan Ratio for the quarter that ended in Sep. 2024 was 26.96%.

As of Sep. 2024, Uzma Bhd has a Sloan Ratio of 26.96%, indicating there is a warning stage of accrual build up.


Uzma Bhd Sloan Ratio % Historical Data

The historical data trend for Uzma Bhd'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.

Uzma Bhd Sloan Ratio % Chart

Uzma Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.82 -5.99 -2.18 -5.08 21.49

Uzma Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.16 3.40 5.25 21.49 26.96

Competitive Comparison of Uzma Bhd's Sloan Ratio %

For the Oil & Gas Integrated subindustry, Uzma Bhd'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.


Uzma Bhd's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Uzma Bhd's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Uzma Bhd's Sloan Ratio % falls into.



Uzma Bhd 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.

Uzma Bhd's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(50.081-77.485
--354.067)/1520.374
=21.49%

Uzma Bhd's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(49.208-28.596
--414.878)/1615.323
=26.96%

Uzma Bhd's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 12.634 (Dec. 2023 ) + 9.943 (Mar. 2024 ) + 15.565 (Jun. 2024 ) + 11.066 (Sep. 2024 ) = RM49.2 Mil.
Uzma Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 20.925 (Dec. 2023 ) + 59.919 (Mar. 2024 ) + -2.067 (Jun. 2024 ) + -50.181 (Sep. 2024 ) = RM28.6 Mil.
Uzma Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -38.396 (Dec. 2023 ) + -43.005 (Mar. 2024 ) + -250.086 (Jun. 2024 ) + -83.391 (Sep. 2024 ) = RM-414.9 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.


Uzma Bhd  (XKLS:7250) 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 Sep. 2024, Uzma Bhd has a Sloan Ratio of 26.96%, indicating there is a warning stage of accrual build up.


Uzma Bhd Sloan Ratio % Related Terms

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Uzma Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan PJU 8/8A, Uzma Tower, Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
Uzma Bhd is an investment holding company. Through its subsidiaries, it provides integrated solutions to the oil and gas industry. The company's reportable segments include O&G upstream services; Trading and other O&G services, and Others. Maximum revenue is derived from its O&G upstream services segment which provides geoscience and reservoir engineering, drilling, project and operation services, and other specialized services within the oil and gas industry. Trading and other O&G services segment is engaged in manufacturing, marketing, distribution, and supply of oilfield chemicals, petrochemical and chemical products, equipment, and services. The Others segment represents its new energy, digitalisation and tech, and investment holding business. It derives key revenue from Malaysia.

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