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Endurance Motive (XMAD:END) Sloan Ratio % : 0.00% (As of Dec. 2020)


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What is Endurance Motive 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.

Endurance Motive's Sloan Ratio for the quarter that ended in Dec. 2020 was 0.00%.

As of Dec. 2020, Endurance Motive has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Endurance Motive Sloan Ratio % Historical Data

The historical data trend for Endurance Motive'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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Endurance Motive Sloan Ratio % Chart

Endurance Motive Annual Data
Trend Dec18 Dec19 Dec20
Sloan Ratio %
- - -

Endurance Motive Semi-Annual Data
Dec18 Dec19 Dec20
Sloan Ratio % - - -

Competitive Comparison of Endurance Motive's Sloan Ratio %

For the Electrical Equipment & Parts subindustry, Endurance Motive'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.


Endurance Motive's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Endurance Motive's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Endurance Motive's Sloan Ratio % falls into.



Endurance Motive 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.

Endurance Motive's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-0.574-0
-0)/2.741
=-20.94%

Endurance Motive's Sloan Ratio for the quarter that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2020 )
=(-
-)/
=%

Endurance Motive 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 Dec. 2020.

* 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.


Endurance Motive  (XMAD:END) 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. 2020, Endurance Motive has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Endurance Motive Sloan Ratio % Related Terms

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Endurance Motive (XMAD:END) Business Description

Traded in Other Exchanges
N/A
Address
Carrer de la Bernia 1, Canet den Berenguer, Valencia, ESP, 46529
Endurance Motive SA designs and assembles lithium batteries for electromobility. It offers complete solutions for the implementation of lithium-based storage technology for industrial traction equipment, naval sector and public transport vehicles.

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