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ZOONF (Zoono Group) Sloan Ratio % : 0.00% (As of Dec. 2024)


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What is Zoono Group 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.

Zoono Group's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.00%.

Warning Sign:

When sloan ratio (-59.55)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


Zoono Group Sloan Ratio % Historical Data

The historical data trend for Zoono Group'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.

Zoono Group Sloan Ratio % Chart

Zoono Group 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 25.09 14.51 -52.29 24.66 -59.57

Zoono Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - -59.92 -

Competitive Comparison of Zoono Group's Sloan Ratio %

For the Household & Personal Products subindustry, Zoono Group'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.


Zoono Group's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zoono Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Zoono Group's Sloan Ratio % falls into.


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Zoono Group 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.

Zoono Group'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 )
=(-5.523--1.922
--0.039)/5.98
=-59.57%

Zoono Group's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(-2.624--1.591
--0.017)/4.989
=-20.36%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Zoono Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -1.865 (Jun. 2024 ) + -0.759 (Dec. 2024 ) = $-2.62 Mil.
Zoono Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -0.936 (Jun. 2024 ) + -0.655 (Dec. 2024 ) = $-1.59 Mil.
Zoono Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -0.017 (Jun. 2024 ) + 0 (Dec. 2024 ) = $-0.02 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.


Zoono Group  (OTCPK:ZOONF) 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 Dec. 2024, Zoono Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Zoono Group Sloan Ratio % Related Terms

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Zoono Group Business Description

Traded in Other Exchanges
Address
24 Bishop Dunn Place, Unit 3, Flatbush, Auckland, NTL, NZL, 2013
Zoono Group Ltd is engaged in the research, development, and sale of a range of antimicrobial products in multiple countries. The company develops products suited for skin care, surface sanitizers, aerosol-based sprays, as well as acne products, and mold remediation treatments. Geographically, it derives a majority of its revenue from Australasia, Asia, the United States, and India, and also has a presence in the United Kingdom and Europe.

Zoono Group Headlines

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