GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Waskaduwa Beach Resort PLC (COL:CITW.N0000) » Definitions » Sloan Ratio %

Waskaduwa Beach Resort (COL:CITW.N0000) Sloan Ratio % : 0.00% (As of . 20)


View and export this data going back to 2012. Start your Free Trial

What is Waskaduwa Beach Resort 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.

Waskaduwa Beach Resort's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Waskaduwa Beach Resort has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Waskaduwa Beach Resort Sloan Ratio % Historical Data

The historical data trend for Waskaduwa Beach Resort'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.

Waskaduwa Beach Resort Sloan Ratio % Chart

Waskaduwa Beach Resort Annual Data
Trend
Sloan Ratio %

Waskaduwa Beach Resort Quarterly Data
Sloan Ratio %

Competitive Comparison of Waskaduwa Beach Resort's Sloan Ratio %

For the Resorts & Casinos subindustry, Waskaduwa Beach Resort'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.


Waskaduwa Beach Resort's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Waskaduwa Beach Resort's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Waskaduwa Beach Resort's Sloan Ratio % falls into.



Waskaduwa Beach Resort 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.

Waskaduwa Beach Resort's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

Waskaduwa Beach Resort's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

Waskaduwa Beach Resort does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in . 20.

* 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.


Waskaduwa Beach Resort  (COL:CITW.N0000) 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 . 20, Waskaduwa Beach Resort has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Waskaduwa Beach Resort Sloan Ratio % Related Terms

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


Waskaduwa Beach Resort (COL:CITW.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 427, Samantara Road, Kudawaskaduwa, Waskaduwa, LKA
Waskaduwa Beach Resort PLC engages in the provision of food and beverage, lodging, and other hospitality industry-related activities. It operates Citrus Waskaduwa, a five-star resort consisting of superior rooms, suites, deluxe suites, and presidential suites. The company's resort facility also offers a bar and restaurant, spa, and meeting and wedding facilities. The majority of revenue is derived from rooms.

Waskaduwa Beach Resort (COL:CITW.N0000) Headlines

No Headlines