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BlueLife (XMAU:BLL) Sloan Ratio % : 5.10% (As of Sep. 2024)


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What is BlueLife 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.

BlueLife's Sloan Ratio for the quarter that ended in Sep. 2024 was 5.10%.

As of Sep. 2024, BlueLife has a Sloan Ratio of 5.10%, indicating the company is in the safe zone and there is no funny business with accruals.


BlueLife Sloan Ratio % Historical Data

The historical data trend for BlueLife'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.

BlueLife Sloan Ratio % Chart

BlueLife Annual Data
Trend Dec15 Dec16 Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.66 -10.06 6.92 -0.78 0.15

BlueLife 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 -4.28 0.50 0.94 0.14 5.10

Competitive Comparison of BlueLife's Sloan Ratio %

For the Lodging subindustry, BlueLife'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.


BlueLife's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BlueLife's Sloan Ratio % distribution charts can be found below:

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



BlueLife 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.

BlueLife'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 )
=(146.05-258.364
--118.439)/4195.566
=0.15%

BlueLife'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 )
=(150.604-101.079
--158.173)/4069.909
=5.10%

BlueLife's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 31.376 (Dec. 2023 ) + 26.587 (Mar. 2024 ) + 73.955 (Jun. 2024 ) + 18.686 (Sep. 2024 ) = MUR151 Mil.
BlueLife's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -94.688 (Dec. 2023 ) + 28.914 (Mar. 2024 ) + 165.575 (Jun. 2024 ) + 1.278 (Sep. 2024 ) = MUR101 Mil.
BlueLife's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -11.154 (Dec. 2023 ) + -7.624 (Mar. 2024 ) + -93.255 (Jun. 2024 ) + -46.14 (Sep. 2024 ) = MUR-158 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.


BlueLife  (XMAU:BLL) 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, BlueLife has a Sloan Ratio of 5.10%, indicating the company is in the safe zone and there is no funny business with accruals.


BlueLife Sloan Ratio % Related Terms

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BlueLife Business Description

Traded in Other Exchanges
N/A
Address
Azuri Ocean and Golf Village, Roches Noires, Riviere du Rempart, MUS, 31201
BlueLife Ltd is a real estate company. The company is engaged in property investment and development company. It operates its business activities in three reportable segments including Property, Hospitality & Leisure and Services. The Property segment accounts for the operations and holding a number of Investment properties. The Hospitality & Leisure segment, which is the key revenue driver, includes two hotels, namely, the Radisson Blu Azuri Resort & Spa and the Radisson Blu Poste Lafayette Resort & Spa. The Service segment comprises facilities management, cleaning, housekeeping, syndicate management, rental and re-sale service as operational support to its commercial and residential developments. The group derives revenue from Property Segment.

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