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Caesars Acquisition Co (Caesars Acquisition Co) Sloan Ratio % : 0.00% (As of Jun. 2017)


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What is Caesars Acquisition Co 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.

Caesars Acquisition Co's Sloan Ratio for the quarter that ended in Jun. 2017 was 0.00%.

As of Jun. 2017, Caesars Acquisition Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Caesars Acquisition Co Sloan Ratio % Historical Data

The historical data trend for Caesars Acquisition Co'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.

Caesars Acquisition Co Sloan Ratio % Chart

Caesars Acquisition Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Sloan Ratio %
Get a 7-Day Free Trial 3.07 - - - -

Caesars Acquisition Co Quarterly Data
Dec11 Sep12 Dec12 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 Caesars Acquisition Co's Sloan Ratio %

For the Resorts & Casinos subindustry, Caesars Acquisition Co'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.


Caesars Acquisition Co's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Acquisition Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Caesars Acquisition Co's Sloan Ratio % falls into.



Caesars Acquisition Co 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.

Caesars Acquisition Co's Sloan Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2016 )-Cash Flow from Operations (A: Dec. 2016 )
-Cash Flow from Investing (A: Dec. 2016 ))/Total Assets (A: Dec. 2016 )
=(619.1-4.3
-0)/1821.5
=33.75%

Caesars Acquisition Co's Sloan Ratio for the quarter that ended in Jun. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2017 )
=(600.7-5
-0)/1800.3
=33.09%

Caesars Acquisition Co's Net Income for the trailing twelve months (TTM) ended in Jun. 2017 was 521.9 (Sep. 2016 ) + 79.5 (Dec. 2016 ) + 2 (Mar. 2017 ) + -2.7 (Jun. 2017 ) = $600.70 Mil.
Caesars Acquisition Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2017 was 1 (Sep. 2016 ) + 1.6 (Dec. 2016 ) + 1.1 (Mar. 2017 ) + 1.3 (Jun. 2017 ) = $5.00 Mil.
Caesars Acquisition Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2017 was 0 (Sep. 2016 ) + 0 (Dec. 2016 ) + 0 (Mar. 2017 ) + 0 (Jun. 2017 ) = $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.


Caesars Acquisition Co  (NAS:CACQ) 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. 2017, Caesars Acquisition Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Caesars Acquisition Co (Caesars Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
Caesars Acquisition Co operates in a casino and entertainment industry. It operates through two segments namely Interactive Entertainment, and Casino Properties and Developments. The Interactive Entertainment segment offers social and mobile games comprising Slotomania, House of Fun Slots, Bingo Blitz that are played on various social and mobile third-party platforms and Casino Properties and Developments segment holds interest in Planet Hollywood and Acquired Properties which consist of hotel, food, beverage, entertainment, parking amenities, and gaming facility operations. The business of the group is functioned through the regions of North America, South America, Europe, and rest of the world. The majority of revenue is derived from the United States and Israel region.
Executives
Dhiren R. Fonseca director C/O NORTHWEST RETAIL PARTNERS, LTD., 224 WESTLAKE AVE N, SUITE 500, SEATTLE WA 98109
Marc A Beilinson director 10100 SANTA MONICA BLVD STE. 1100, LOS ANGELES CA 90067
Don R Kornstein director DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Troy J Vanke officer: Chief Accounting Officer C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Philip Robert Erlanger director C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Mitchell Alan Garber officer: President and CEO ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
David Sambur director 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marc J Rowan director APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
Karl Mr. Peterson director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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