GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Greek Organisation of Football Prognostics SA (OTCPK:GRKZF) » Definitions » Sloan Ratio %

Greek Organisation of Football Prognostics (Greek Organisation of Football Prognostics) Sloan Ratio % : -7.19% (As of Sep. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Greek Organisation of Football Prognostics 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.

Greek Organisation of Football Prognostics's Sloan Ratio for the quarter that ended in Sep. 2023 was -7.19%.

As of Sep. 2023, Greek Organisation of Football Prognostics has a Sloan Ratio of -7.19%, indicating the company is in the safe zone and there is no funny business with accruals.


Greek Organisation of Football Prognostics Sloan Ratio % Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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.

Greek Organisation of Football Prognostics Sloan Ratio % Chart

Greek Organisation of Football Prognostics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -1.25 3.99 -7.21 -0.55

Greek Organisation of Football Prognostics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -9.23 -0.49 1.14 -3.06 -7.19

Competitive Comparison of Greek Organisation of Football Prognostics's Sloan Ratio %

For the Gambling subindustry, Greek Organisation of Football Prognostics'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.


Greek Organisation of Football Prognostics's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greek Organisation of Football Prognostics's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Greek Organisation of Football Prognostics's Sloan Ratio % falls into.



Greek Organisation of Football Prognostics 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.

Greek Organisation of Football Prognostics's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(627.472-698.941
--56.393)/2723.823
=-0.55%

Greek Organisation of Football Prognostics's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(655.224-672.662
-170.642)/2616.762
=-7.19%

Greek Organisation of Football Prognostics's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 324.731 (Dec. 2022 ) + 126.304 (Mar. 2023 ) + 115.33 (Jun. 2023 ) + 88.859 (Sep. 2023 ) = $655 Mil.
Greek Organisation of Football Prognostics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was 211.484 (Dec. 2022 ) + 153.883 (Mar. 2023 ) + 173.481 (Jun. 2023 ) + 133.814 (Sep. 2023 ) = $673 Mil.
Greek Organisation of Football Prognostics's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 63.432 (Dec. 2022 ) + -4.816 (Mar. 2023 ) + -15.128 (Jun. 2023 ) + 127.154 (Sep. 2023 ) = $171 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.


Greek Organisation of Football Prognostics  (OTCPK:GRKZF) 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 Sep. 2023, Greek Organisation of Football Prognostics has a Sloan Ratio of -7.19%, indicating the company is in the safe zone and there is no funny business with accruals.


Greek Organisation of Football Prognostics Sloan Ratio % Related Terms

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


Greek Organisation of Football Prognostics (Greek Organisation of Football Prognostics) Business Description

Traded in Other Exchanges
Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.

Greek Organisation of Football Prognostics (Greek Organisation of Football Prognostics) Headlines

From GuruFocus