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The Union Sugar Estates Co (XMAU:UNSE.I0000) Sloan Ratio % : 0.00% (As of . 20)


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What is The Union Sugar Estates Co 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.

The Union Sugar Estates Co's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, The Union Sugar Estates Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


The Union Sugar Estates Co Sloan Ratio % Historical Data

The historical data trend for The Union Sugar Estates Co'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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The Union Sugar Estates Co Sloan Ratio % Chart

The Union Sugar Estates Co Annual Data
Trend
Sloan Ratio %

The Union Sugar Estates Co Quarterly Data
Sloan Ratio %

Competitive Comparison of The Union Sugar Estates Co's Sloan Ratio %

For the Farm Products subindustry, The Union Sugar Estates Co'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.


The Union Sugar Estates Co's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Union Sugar Estates Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where The Union Sugar Estates Co's Sloan Ratio % falls into.



The Union Sugar Estates Co 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.

The Union Sugar Estates Co's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

The Union Sugar Estates Co's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

The Union Sugar Estates Co 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 . 20.

* 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.


The Union Sugar Estates Co  (XMAU:UNSE.I0000) 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 . 20, The Union Sugar Estates Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


The Union Sugar Estates Co Sloan Ratio % Related Terms

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The Union Sugar Estates Co (XMAU:UNSE.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Navitas House Robinson Road, c/o Navitas Corporate Services Ltd, Floréal, MUS
The Union Sugar Estates Co Ltd is engaged in planting and cultivating sugar cane and other agricultural products in Mauritius. The company is also engages in the hotel keeping and catering activities.

The Union Sugar Estates Co (XMAU:UNSE.I0000) Headlines

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