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Raize-Instituicao De Pagamentos (XLIS:MLRZE) Sloan Ratio % : 29.31% (As of Dec. 2023)


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What is Raize-Instituicao De Pagamentos 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.

Raize-Instituicao De Pagamentos's Sloan Ratio for the quarter that ended in Dec. 2023 was 29.31%.

Warning Sign:

When sloan ratio (29.31)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2023, Raize-Instituicao De Pagamentos has a Sloan Ratio of 29.31%, indicating earnings are more likely to be made up of accruals.


Raize-Instituicao De Pagamentos Sloan Ratio % Historical Data

The historical data trend for Raize-Instituicao De Pagamentos'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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Raize-Instituicao De Pagamentos Sloan Ratio % Chart

Raize-Instituicao De Pagamentos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial 4.97 -14.23 19.03 -29.34 29.31

Raize-Instituicao De Pagamentos Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio % Get a 7-Day Free Trial 4.97 -14.23 19.03 -29.34 29.31

Competitive Comparison of Raize-Instituicao De Pagamentos's Sloan Ratio %

For the Credit Services subindustry, Raize-Instituicao De Pagamentos'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.


Raize-Instituicao De Pagamentos's Sloan Ratio % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Raize-Instituicao De Pagamentos's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Raize-Instituicao De Pagamentos's Sloan Ratio % falls into.



Raize-Instituicao De Pagamentos 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.

Raize-Instituicao De Pagamentos'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 )
=(-0.091--1.018
--0.004)/3.176
=29.31%

Raize-Instituicao De Pagamentos'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 )
=(-0.091--1.018
--0.004)/3.176
=29.31%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Raize-Instituicao De Pagamentos's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.09 Mil.
Raize-Instituicao De Pagamentos's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.02 Mil.
Raize-Instituicao De Pagamentos's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.00 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.


Raize-Instituicao De Pagamentos  (XLIS:MLRZE) 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, Raize-Instituicao De Pagamentos has a Sloan Ratio of 29.31%, indicating earnings are more likely to be made up of accruals.


Raize-Instituicao De Pagamentos Sloan Ratio % Related Terms

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Raize-Instituicao De Pagamentos Business Description

Traded in Other Exchanges
N/A
Address
17 piso Rua Tierno Galvan, Amoreiras, Torre 3, Lisbon, PRT, 1070-274
Raize-Instituicao De Pagamentos SA is a payments institution. The company is operating a comprehensive loan servicing platform for companies and individuals and is the owner of a marketplace lender focused on SME lending. The company is authorized and regulated by the Bank of Portugal.

Raize-Instituicao De Pagamentos Headlines

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