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Broadscale Acquisition (Broadscale Acquisition) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Broadscale Acquisition 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.

Broadscale Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

Warning Sign:

When sloan ratio (102.05)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


Broadscale Acquisition Sloan Ratio % Historical Data

The historical data trend for Broadscale Acquisition'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.

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Broadscale Acquisition Sloan Ratio % Chart

Broadscale Acquisition Annual Data
Trend Dec20 Dec21
Sloan Ratio %
- 102.05

Broadscale Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Broadscale Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Broadscale Acquisition'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.


Broadscale Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Broadscale Acquisition's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Broadscale Acquisition's Sloan Ratio % falls into.



Broadscale Acquisition 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.

Broadscale Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(6.339--1.582
--344.988)/345.832
=102.05%

Broadscale Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(7.098--1.357
-0.367)/346.775
=2.33%

Broadscale Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was -4.003 (Dec. 2021 ) + 3.273 (Mar. 2022 ) + 4.748 (Jun. 2022 ) + 3.08 (Sep. 2022 ) = $7.10 Mil.
Broadscale Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.287 (Dec. 2021 ) + -0.391 (Mar. 2022 ) + -0.513 (Jun. 2022 ) + -0.166 (Sep. 2022 ) = $-1.36 Mil.
Broadscale Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0.206 (Jun. 2022 ) + 0.161 (Sep. 2022 ) = $0.37 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.


Broadscale Acquisition  (NAS:SCLEU) 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. 2022, Broadscale Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Broadscale Acquisition Sloan Ratio % Related Terms

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Broadscale Acquisition (Broadscale Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1845 Walnut Street, Suite 1111, Philadelphia, PA, USA, 19103
Broadscale Acquisition Corp is a blank check company.
Executives
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Edward E Cohen director RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Jeffrey F Brotman officer: CLO and Secretary 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Andrew L. Shapiro director, officer: Chief Executive Officer 430 PARK AVENUE, SUITE 1501, NEW YORK NY 10022
John P Hanna officer: CFO and Head of Acquisitions 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Nokomis Esg Sponsor Llc 10 percent owner 1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Lisa B Coca director 1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Georgia Levenson Keohane director 1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103

Broadscale Acquisition (Broadscale Acquisition) Headlines

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