GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered Bank (Nepal) Ltd (XNEP:SCB) » Definitions » Sloan Ratio %

Standard Chartered Bank (Nepal) (XNEP:SCB) Sloan Ratio % : -7.26% (As of Jul. 2024)


View and export this data going back to . Start your Free Trial

What is Standard Chartered Bank (Nepal) 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.

Standard Chartered Bank (Nepal)'s Sloan Ratio for the quarter that ended in Jul. 2024 was -7.26%.

As of Jul. 2024, Standard Chartered Bank (Nepal) has a Sloan Ratio of -7.26%, indicating the company is in the safe zone and there is no funny business with accruals.


Standard Chartered Bank (Nepal) Sloan Ratio % Historical Data

The historical data trend for Standard Chartered Bank (Nepal)'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.

Standard Chartered Bank (Nepal) Sloan Ratio % Chart

Standard Chartered Bank (Nepal) Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.54 11.67 7.86 4.33 -7.26

Standard Chartered Bank (Nepal) Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - -1.03 -3.05 -7.26

Competitive Comparison of Standard Chartered Bank (Nepal)'s Sloan Ratio %

For the Banks - Regional subindustry, Standard Chartered Bank (Nepal)'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.


Standard Chartered Bank (Nepal)'s Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Standard Chartered Bank (Nepal)'s Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Standard Chartered Bank (Nepal)'s Sloan Ratio % falls into.



Standard Chartered Bank (Nepal) 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.

Standard Chartered Bank (Nepal)'s Sloan Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jul. 2024 )-Cash Flow from Operations (A: Jul. 2024 )
-Cash Flow from Investing (A: Jul. 2024 ))/Total Assets (A: Jul. 2024 )
=(3275.268-5308.386
-8217.255)/141189.071
=-7.26%

Standard Chartered Bank (Nepal)'s Sloan Ratio for the quarter that ended in Jul. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jul. 2024 )
=(3275.268-5308.386
-8217.255)/141189.071
=-7.26%

Standard Chartered Bank (Nepal)'s Net Income for the trailing twelve months (TTM) ended in Jul. 2024 was 827.7 (Oct. 2023 ) + 898.729 (Jan. 2024 ) + 720.693 (Apr. 2024 ) + 828.146 (Jul. 2024 ) = NPR3,275 Mil.
Standard Chartered Bank (Nepal)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2024 was 9713.954 (Oct. 2023 ) + -3837.853 (Jan. 2024 ) + -1932.178 (Apr. 2024 ) + 1364.463 (Jul. 2024 ) = NPR5,308 Mil.
Standard Chartered Bank (Nepal)'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Jul. 2024 was 6347.86 (Oct. 2023 ) + 309.001 (Jan. 2024 ) + 3670.712 (Apr. 2024 ) + -2110.318 (Jul. 2024 ) = NPR8,217 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.


Standard Chartered Bank (Nepal)  (XNEP:SCB) 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 Jul. 2024, Standard Chartered Bank (Nepal) has a Sloan Ratio of -7.26%, indicating the company is in the safe zone and there is no funny business with accruals.


Standard Chartered Bank (Nepal) Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Standard Chartered Bank (Nepal)'s Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Standard Chartered Bank (Nepal) Business Description

Traded in Other Exchanges
N/A
Address
New Baneshwor, PO Box 3990, Kathmandu, NPL, 44600
Standard Chartered Bank (Nepal) Ltd provides a range of banking products and services to a wide range of clients and customers encompassing individuals, mid-market local corporate, multinationals, large public sector companies, government corporations, airlines, hotels as well as the DO segment comprising of embassies, aid agencies, NGOs, and INGOs. The company's segments are Consumer, Private and Business Banking (CPBB), Corporate, Commercial and Institutional Banking (CCIB), and Others. It generates maximum revenue from the Commercial and Institutional Banking (CCIB) segment.

Standard Chartered Bank (Nepal) Headlines

No Headlines