GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Yeb Net Inc (XKRX:057030) » Definitions » Sloan Ratio %

Yeb Net (XKRX:057030) Sloan Ratio % : -0.87% (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Yeb Net 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.

Yeb Net's Sloan Ratio for the quarter that ended in Dec. 2024 was -0.87%.

As of Dec. 2024, Yeb Net has a Sloan Ratio of -0.87%, indicating the company is in the safe zone and there is no funny business with accruals.


Yeb Net Sloan Ratio % Historical Data

The historical data trend for Yeb Net'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.

Yeb Net Sloan Ratio % Chart

Yeb Net Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.84 0.65 -6.16 -1.04 -0.87

Yeb Net Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.04 1.70 1.71 1.09 -0.87

Competitive Comparison of Yeb Net's Sloan Ratio %

For the Education & Training Services subindustry, Yeb Net'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.


Yeb Net's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Yeb Net's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Yeb Net's Sloan Ratio % falls into.


;
;

Yeb Net 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.

Yeb Net's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(3173.814-5977.551
--2097.963)/81369.398
=-0.87%

Yeb Net's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(3173.814-5977.55
--2097.962)/81369.398
=-0.87%

Yeb Net's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 999.445 (Mar. 2024 ) + 60.871 (Jun. 2024 ) + 1384.077 (Sep. 2024 ) + 729.421 (Dec. 2024 ) = ₩3,174 Mil.
Yeb Net's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 1731.62 (Mar. 2024 ) + 449.869 (Jun. 2024 ) + 4350.968 (Sep. 2024 ) + -554.907 (Dec. 2024 ) = ₩5,978 Mil.
Yeb Net's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 42.987 (Mar. 2024 ) + -598.538 (Jun. 2024 ) + -1252.551 (Sep. 2024 ) + -289.86 (Dec. 2024 ) = ₩-2,098 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.


Yeb Net  (XKRX:057030) 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. 2024, Yeb Net has a Sloan Ratio of -0.87%, indicating the company is in the safe zone and there is no funny business with accruals.


Yeb Net Sloan Ratio % Related Terms

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


Yeb Net Business Description

Traded in Other Exchanges
N/A
Address
28-2 Inui-dong, Jongno-gu, Seoul, KOR, 110410
Yeb Net Inc operates in internet content and information industry in South Korea. The company provides online educational services and related programs.

Yeb Net Headlines

No Headlines