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Liberty Latin America Sloan Ratio %

: 14.89% (As of Sep. 2021)
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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.

Liberty Latin America's Sloan Ratio for the quarter that ended in Sep. 2021 was 14.89%.

As of Sep. 2021, Liberty Latin America has a Sloan Ratio of 14.89%, indicating there is a warning stage of accrual build up.


Liberty Latin America Sloan Ratio % Historical Data

The historical data trend for Liberty Latin America'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.

Liberty Latin America Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only -3.37 -5.22 -1.35 -2.43 7.38

Liberty Latin America Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only -6.42 7.38 8.25 11.47 14.89

Competitive Comparison

For the Telecom Services subindustry, Liberty Latin America'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.

   

Liberty Latin America Sloan Ratio % Distribution

For the Telecommunication Services industry and Communication Services sector, Liberty Latin America's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Liberty Latin America's Sloan Ratio % falls into.



Liberty Latin America 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.

Liberty Latin America's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-687.2-640.1
--2450.8)/15230
=7.38%

Liberty Latin America's Sloan Ratio for the quarter that ended in Sep. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM})
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2021 )
=(141.5-866.9
--3107.2)/15996.6
=14.89%

Liberty Latin America's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was -28.9 (Dec. 2020 ) + 87.8 (Mar. 2021 ) + 4.4 (Jun. 2021 ) + 78.2 (Sep. 2021 ) = $142 Mil.
Liberty Latin America's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was 149.1 (Dec. 2020 ) + 203.5 (Mar. 2021 ) + 240.2 (Jun. 2021 ) + 274.1 (Sep. 2021 ) = $867 Mil.
Liberty Latin America's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was -2031.9 (Dec. 2020 ) + -126.4 (Mar. 2021 ) + -214.5 (Jun. 2021 ) + -734.4 (Sep. 2021 ) = $-3,107 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.


Liberty Latin America  (NAS:LILA) 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. 2021, Liberty Latin America has a Sloan Ratio of 14.89%, indicating there is a warning stage of accrual build up.


Liberty Latin America Sloan Ratio % Related Terms

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Liberty Latin America Business Description

Liberty Latin America logo
Industry
Traded in Other Exchanges
Address
2 Church Street, Hamilton, BMU, HM 11
Liberty Latin America Ltd is a telecommunications company. It is a provider of video, broadband internet, fixed-line telephony and mobile services to residential and business customers. The company's reportable segments include C&W Caribbean and Networks, C&W Panama, VTR/Cableticaand Liberty Puerto Rico.
Executives
Zinterhofer Eric Louis director C/O SEARCHLIGHT CAPITAL PARTNERS GP, LP 745 FIFTH AVENUE, 27TH FLOOR NEW YORK NY 10151
Nair Balan director, officer: President and CEO 901 EXPLORER BOULEVARD HUNTSVILLE AL 35806
Sanchez Daniel E. director C/O DISCOVERY, INC. 8403 COLESVILLE ROAD SILVER SPRING MD 20910
Khemka Vivek officer: SVP, CT&PO C/O DISH NETWORK CORPORATION 9601 S MERIDIAN BLVD ENGLEWOOD CO 80112
Fries Michael T director, officer: Executive Chairman C/O LIBERTY GLOBAL, INC. 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Noyes Christopher J officer: SVP, CHIEF FINANCIAL OFFICER 1550 WEWATTA STREET SUITE 1000 DENVER CO 80202
Malone John C 10 percent owner 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Gould Paul A director 711 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10022
Bracken Charles H R director C/O UPC SERVICES LTD 12 STANHOPE GATE LONDON ENGLAND X0 W1Y 5LB
Kenigsztein Betzalel officer: SVP, CHIEF OPERATING OFFICER 1550 WEWATTA STREET SUITE 1000 DENVER CO 80202
Curtis Miranda director C/O LIBERTY GLOBAL, INC. 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Winter John M officer: SVP, CLO AND SECRETARY 1550 WEWATTA STREET SUITE 1000 DENVER CO 80202
Paddick Brendan J director 1550 WEWATTA STREET SUITE 1000 DENVER CO 80202
De Angoitia Alfonso director 1550 WEWATTA STREET SUITE 1000 DENVER CO 80202
Zook Brian D officer: MD, CHIEF ACCOUNTING OFFICER 1550 WEWATTA STREET SUITE 1000 DENVER CO 80202

Liberty Latin America Headlines

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