GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LAMF Global Ventures Corp I (NAS:LGVC) » Definitions » Sloan Ratio %

LAMF Global Ventures I (LAMF Global Ventures I) Sloan Ratio % : 0.00% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is LAMF Global Ventures I 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.

LAMF Global Ventures I's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-734.82)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2023, LAMF Global Ventures I has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


LAMF Global Ventures I Sloan Ratio % Historical Data

The historical data trend for LAMF Global Ventures I'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.

LAMF Global Ventures I Sloan Ratio % Chart

LAMF Global Ventures I Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
- - -734.82

LAMF Global Ventures I Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of LAMF Global Ventures I's Sloan Ratio %

For the Shell Companies subindustry, LAMF Global Ventures I'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.


LAMF Global Ventures I's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, LAMF Global Ventures I's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where LAMF Global Ventures I's Sloan Ratio % falls into.



LAMF Global Ventures I 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.

LAMF Global Ventures I's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-3.489--0.79
-235.015)/32.35
=-734.82%

LAMF Global Ventures I's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-3.489--0.79
-235.015)/32.35
=-734.82%

LAMF Global Ventures I's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 2.193 (Mar. 2023 ) + -0.936 (Jun. 2023 ) + -4.646 (Sep. 2023 ) + -0.1 (Dec. 2023 ) = $-3.49 Mil.
LAMF Global Ventures I's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.149 (Mar. 2023 ) + -0.482 (Jun. 2023 ) + -0.335 (Sep. 2023 ) + 0.176 (Dec. 2023 ) = $-0.79 Mil.
LAMF Global Ventures I's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 235.015 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = $235.02 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.


LAMF Global Ventures I  (NAS:LGVC) 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. 2023, LAMF Global Ventures I has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


LAMF Global Ventures I Sloan Ratio % Related Terms

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


LAMF Global Ventures I (LAMF Global Ventures I) Business Description

Traded in Other Exchanges
N/A
Address
9255 Sunset Blvd, Suite 515, West Hollywood, CA, USA, 90069
LAMF Global Ventures Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Christina Spade director 11 PENN PLAZA, NEW YORK NY 10001
Lamf Spac Holdings I Llc director, 10 percent owner, other: Director by Deputization 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Simon Horsman director, officer: Chief Executive Officer 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Jeffrey Soros director, officer: Chairman 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Morgan Iii Earnest officer: Chief Financial Officer 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Adriana Machado director 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Michael Burton Brown director 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Lamf Spac I Llc 10 percent owner 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069