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National Life Insurance Co. (XNEP:NLICL) Sloan Ratio % : 0.00% (As of Jan. 2025)


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What is National Life Insurance 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.

National Life Insurance Co.'s Sloan Ratio for the quarter that ended in Jan. 2025 was 0.00%.

As of Jan. 2025, National Life Insurance Co. has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


National Life Insurance Co. Sloan Ratio % Historical Data

The historical data trend for National Life Insurance 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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National Life Insurance Co. Sloan Ratio % Chart

National Life Insurance Co. Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 -0.07 1.35 0.76 0.57

National Life Insurance Co. Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Jan25
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 - - - - -

Competitive Comparison of National Life Insurance Co.'s Sloan Ratio %

For the Insurance - Life subindustry, National Life Insurance 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.


National Life Insurance Co.'s Sloan Ratio % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National Life Insurance Co.'s Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where National Life Insurance Co.'s Sloan Ratio % falls into.


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National Life Insurance 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.

National Life Insurance Co.'s Sloan Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jul. 2023 )-Cash Flow from Operations (A: Jul. 2023 )
-Cash Flow from Investing (A: Jul. 2023 ))/Total Assets (A: Jul. 2023 )
=(980.341-4881.542
--4325.371)/74891.097
=0.57%

National Life Insurance Co.'s Sloan Ratio for the quarter that ended in Jan. 2025 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jan. 2025 )
=(544.296-318.648
-1360.845)/94297.365
=-1.20%

National Life Insurance Co.'s Net Income for the trailing twelve months (TTM) ended in Jan. 2025 was 124.897 (Jan. 2024 ) + 132.358 (Apr. 2024 ) + 151.92 (Oct. 2024 ) + 135.121 (Jan. 2025 ) = NPR544 Mil.
National Life Insurance Co.'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2025 was 0 (Jan. 2024 ) + -2046.823 (Apr. 2024 ) + 1286.683 (Oct. 2024 ) + 1078.788 (Jan. 2025 ) = NPR319 Mil.
National Life Insurance Co.'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2025 was 0 (Jan. 2024 ) + 952.595 (Apr. 2024 ) + -117.191 (Oct. 2024 ) + 525.441 (Jan. 2025 ) = NPR1,361 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.


National Life Insurance Co.  (XNEP:NLICL) 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 Jan. 2025, National Life Insurance Co. has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


National Life Insurance Co. Sloan Ratio % Related Terms

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National Life Insurance Co. Business Description

Traded in Other Exchanges
N/A
Address
Lazimpat, P.O. Box: 4332, Kathmandu, NPL, 1215
National Life Insurance Co. Ltd is engaged in the life insurance business offering individual and group plans, mainly conventional savings and protection and pure protection business. The operating segments of the company include Endowment, Anticipated Endowment, Endowment Cum Whole Life, Foreign Employment Term, and Special Term. The products offered by the company are children's plans, money-back plans, retirement plans, whole-life plans, retirement plans, term assurance plans, and others.

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