GURUFOCUS.COM » STOCK LIST » Technology » Software » OurLiving AB (XSAT:OURLIV) » Definitions » Sloan Ratio %

OurLiving AB (XSAT:OURLIV) Sloan Ratio % : 0.00% (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is OurLiving AB 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.

OurLiving AB's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, OurLiving AB has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


OurLiving AB Sloan Ratio % Historical Data

The historical data trend for OurLiving AB'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.

OurLiving AB Sloan Ratio % Chart

OurLiving AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial 72.13 -39.55 22.93 1.07 18.70

OurLiving AB Quarterly Data
Jan18 Apr18 Oct18 Apr19 Jul19 Oct19 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 OurLiving AB's Sloan Ratio %

For the Software - Application subindustry, OurLiving AB'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.


OurLiving AB's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, OurLiving AB's Sloan Ratio % distribution charts can be found below:

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



OurLiving AB 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.

OurLiving AB's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(-7.126--6.821
--8.181)/42.11
=18.70%

OurLiving AB's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-18.132--12.562
--2.965)/32.917
=-7.91%

OurLiving AB's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was -5.688 (Dec. 2022 ) + -3.765 (Mar. 2023 ) + -4.156 (Jun. 2023 ) + -4.523 (Sep. 2023 ) = kr-18.13 Mil.
OurLiving AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -5.413 (Dec. 2022 ) + -2.41 (Mar. 2023 ) + -4.268 (Jun. 2023 ) + -0.471 (Sep. 2023 ) = kr-12.56 Mil.
OurLiving AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was -2.965 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = kr-2.97 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.


OurLiving AB  (XSAT:OURLIV) 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. 2023, OurLiving AB has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


OurLiving AB Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of OurLiving AB's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


OurLiving AB (XSAT:OURLIV) Business Description

Traded in Other Exchanges
N/A
Address
Carlsgatan 12A, Floor 6B, Malmo, SWE, 211 20
OurLiving AB is a software company that provides turnkey SaaS services for the digitization of construction, management, and housing. It has developed a software platform for digitization in the construction and real estate industry for housing developers, property managers, condominium associations, and private individuals with functions that support the entire customer journey from marketing and sales to occupancy and aftermarket.

OurLiving AB (XSAT:OURLIV) Headlines

No Headlines