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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.
As of Dec. 2023, ABERDEEN EMERGING MARKETS EQUITYOME FUND, has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Sloan Ratio % Historical Data
The historical data trend for ABERDEEN EMERGING MARKETS EQUITYOME FUND,'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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Annual Data
For the Asset Management subindustry, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Sloan Ratio % Distribution
For the Asset Management industry and Financial Services sector, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Sloan Ratio % falls into.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, 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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 21.73 (Jun. 2023 ) + 7.397 (Dec. 2023 ) = $29.13 Mil.
ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 34.236 (Jun. 2023 ) + 5.119 (Dec. 2023 ) = $39.36 Mil.
ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = $0.00 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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, (AMEX:AEF) 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.
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. 2023, ABERDEEN EMERGING MARKETS EQUITYOME FUND, has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
ABERDEEN EMERGING MARKETS EQUITY INCOME FUND, INC. is a closed-end investment company. The Fund's investment objective is to seek to provide both current income and long-term capital appreciation. It invests in the public equity and fixed income markets of Chile. The Fund invests in a range of sectors, including financials, consumer staples, utilities, consumer discretionary, materials, energy, information technology, Private Equity, telecommunication services, healthcare, real estate and industrials.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AEF has been successfully added to your 