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Samsara Luggage Sloan Ratio %

: 0.00% (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.

Samsara Luggage's Sloan Ratio for the quarter that ended in Sep. 2021 was 0.00%.

As of Sep. 2021, Samsara Luggage has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Samsara Luggage Sloan Ratio % Historical Data

The historical data trend for Samsara Luggage'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.

Samsara Luggage Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -19.18 -500.00 -59.58 -

Samsara Luggage Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 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 - - - - -

Competitive Comparison

For the Footwear & Accessories subindustry, Samsara Luggage'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.

   

Samsara Luggage Sloan Ratio % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Samsara Luggage's Sloan Ratio % falls into.



Samsara Luggage 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.

Samsara Luggage'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 )
=(-1.14--0.614
-0)/0.215
=-244.65%

Samsara Luggage'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 )
=(-3.284--0.643
-0)/0.756
=-349.34%

Samsara Luggage's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was -0.26 (Dec. 2020 ) + -0.635 (Mar. 2021 ) + -1.842 (Jun. 2021 ) + -0.547 (Sep. 2021 ) = $-3.28 Mil.
Samsara Luggage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was -0.081 (Dec. 2020 ) + -0.046 (Mar. 2021 ) + -0.239 (Jun. 2021 ) + -0.277 (Sep. 2021 ) = $-0.64 Mil.
Samsara Luggage's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was 0 (Dec. 2020 ) + 0 (Mar. 2021 ) + 0 (Jun. 2021 ) + 0 (Sep. 2021 ) = $0.00 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.


Samsara Luggage  (OTCPK:SAML) 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, Samsara Luggage has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Samsara Luggage Sloan Ratio % Related Terms

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Samsara Luggage Business Description

Samsara Luggage logo
Traded in Other Exchanges
N/A
Address
One University Plaza, Suite 505, Hackensack, NJ, USA, 07601
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
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