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Saif Powertec (DHA:SAIFPOWER) Sloan Ratio % : 0.00% (As of Dec. 2022)


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What is Saif Powertec 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.

Saif Powertec's Sloan Ratio for the quarter that ended in Dec. 2022 was 0.00%.

As of Dec. 2022, Saif Powertec has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Saif Powertec Sloan Ratio % Historical Data

The historical data trend for Saif Powertec'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.

Saif Powertec Sloan Ratio % Chart

Saif Powertec Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only 9.73 -3.02 7.27 18.82 13.94

Saif Powertec Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 Saif Powertec's Sloan Ratio %

For the Specialty Industrial Machinery subindustry, Saif Powertec'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.


Saif Powertec's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saif Powertec's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Saif Powertec's Sloan Ratio % falls into.



Saif Powertec 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.

Saif Powertec's Sloan Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2022 )-Cash Flow from Operations (A: Jun. 2022 )
-Cash Flow from Investing (A: Jun. 2022 ))/Total Assets (A: Jun. 2022 )
=(500.671-749.944
--3601.263)/24038.671
=13.94%

Saif Powertec's Sloan Ratio for the quarter that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2022 )
=(253.46--105.879
--2758.329)/25810.363
=12.08%

Saif Powertec's Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was 47.636 (Mar. 2022 ) + 77.413 (Jun. 2022 ) + 57.586 (Sep. 2022 ) + 70.825 (Dec. 2022 ) = BDT253 Mil.
Saif Powertec's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2022 was 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + -74.531 (Sep. 2022 ) + -31.348 (Dec. 2022 ) = BDT-106 Mil.
Saif Powertec's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2022 was -1228.122 (Mar. 2022 ) + -539.911 (Jun. 2022 ) + -369.092 (Sep. 2022 ) + -621.204 (Dec. 2022 ) = BDT-2,758 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.


Saif Powertec  (DHA:SAIFPOWER) 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. 2022, Saif Powertec has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Saif Powertec Sloan Ratio % Related Terms

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Saif Powertec (DHA:SAIFPOWER) Business Description

Traded in Other Exchanges
N/A
Address
72 Mohakhali C/A, 8th Floor, Rupayan Centre, Dhaka, BGD, 1212
Saif Powertec Ltd provides infrastructure support services in Bangladesh. It also imports, trades, assembles, and installs generators, sub-stations, and electrical equipment and gridlines; installs and erects power plants; acts as a berth/terminal operator for operation of Chittagong container terminal and New Mooring container terminal of Chittagong Port Authority; and produces batteries.

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