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Eutelsat Communications (XTER:E3B) Sloan Ratio % : 0.00% (As of Jun. 2024)


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What is Eutelsat Communications 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.

Eutelsat Communications's Sloan Ratio for the quarter that ended in Jun. 2024 was 0.00%.

As of Jun. 2024, Eutelsat Communications has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Eutelsat Communications Sloan Ratio % Historical Data

The historical data trend for Eutelsat Communications'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.

Eutelsat Communications Sloan Ratio % Chart

Eutelsat Communications Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.30 -6.75 0.17 -1.18 -10.63

Eutelsat Communications Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.17 -5.18 -1.18 -9.01 -

Competitive Comparison of Eutelsat Communications's Sloan Ratio %

For the Communication Equipment subindustry, Eutelsat Communications'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.


Eutelsat Communications's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eutelsat Communications's Sloan Ratio % distribution charts can be found below:

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



Eutelsat Communications 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.

Eutelsat Communications'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 )
=(-309.9-505.6
-90.4)/8518.4
=-10.63%

Eutelsat Communications's Sloan Ratio for the quarter that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2024 )
=(-191.3-286.5
-333.8)/8518.4
=-9.53%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Eutelsat Communications's Net Income for the trailing twelve months (TTM) ended in Jun. 2024 was -191.3 (Dec. 2023 ) + 0 (Jun. 2024 ) = €-191 Mil.
Eutelsat Communications's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2024 was 286.5 (Dec. 2023 ) + 0 (Jun. 2024 ) = €287 Mil.
Eutelsat Communications's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2024 was 333.8 (Dec. 2023 ) + 0 (Jun. 2024 ) = €334 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.


Eutelsat Communications  (XTER:E3B) 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 Jun. 2024, Eutelsat Communications has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Eutelsat Communications Sloan Ratio % Related Terms

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Eutelsat Communications Business Description

Traded in Other Exchanges
Address
32, boulevard Gallieni, Issy-les-Moulineaux, Paris, FRA, 92130
Eutelsat Communications is a French commercial satellite provider with coverage spanning the European continent, the Middle East, Africa, India, and the Americas. It operates a fleet of over 36 satellites serving broadcasters, telecommunications operators, Internet service providers, and government agencies. These satellites are used for video broadcasting, news gathering, broadband services, and data connectivity solutions. Eutelsat generates revenue in Europe, the Americas, the Middle East and North Africa, and Asia.

Eutelsat Communications Headlines

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