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Dialog Group Bhd (XKLS:7277) Sloan Ratio % : -0.97% (As of Dec. 2023)


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What is Dialog Group Bhd 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.

Dialog Group Bhd's Sloan Ratio for the quarter that ended in Dec. 2023 was -0.97%.

As of Dec. 2023, Dialog Group Bhd has a Sloan Ratio of -0.97%, indicating the company is in the safe zone and there is no funny business with accruals.


Dialog Group Bhd Sloan Ratio % Historical Data

The historical data trend for Dialog Group Bhd'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.

Dialog Group Bhd Sloan Ratio % Chart

Dialog Group Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.16 3.14 7.73 3.19 0.60

Dialog Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.67 4.32 0.60 -3.59 -0.97

Competitive Comparison of Dialog Group Bhd's Sloan Ratio %

For the Oil & Gas Equipment & Services subindustry, Dialog Group Bhd'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.


Dialog Group Bhd's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dialog Group Bhd's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Dialog Group Bhd's Sloan Ratio % falls into.



Dialog Group Bhd 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.

Dialog Group Bhd's Sloan Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2023 )-Cash Flow from Operations (A: Jun. 2023 )
-Cash Flow from Investing (A: Jun. 2023 ))/Total Assets (A: Jun. 2023 )
=(510.522-750.177
--295.544)/9311.636
=0.60%

Dialog Group Bhd'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 )
=(538.042-886.993
--257.563)/9462.986
=-0.97%

Dialog Group Bhd's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 130.808 (Mar. 2023 ) + 126.778 (Jun. 2023 ) + 132.168 (Sep. 2023 ) + 148.288 (Dec. 2023 ) = RM538 Mil.
Dialog Group Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 115.021 (Mar. 2023 ) + 285.878 (Jun. 2023 ) + 329.765 (Sep. 2023 ) + 156.329 (Dec. 2023 ) = RM887 Mil.
Dialog Group Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -76.68 (Mar. 2023 ) + 135.578 (Jun. 2023 ) + -81.498 (Sep. 2023 ) + -234.963 (Dec. 2023 ) = RM-258 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.


Dialog Group Bhd  (XKLS:7277) 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, Dialog Group Bhd has a Sloan Ratio of -0.97%, indicating the company is in the safe zone and there is no funny business with accruals.


Dialog Group Bhd Sloan Ratio % Related Terms

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Dialog Group Bhd (XKLS:7277) Business Description

Traded in Other Exchanges
N/A
Address
Number 15, Jalan PJU 7/5, Dialog Tower, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47810
Dialog Group Bhd provides technical services to the upstream, midstream, and downstream sectors in the oil, gas, and petrochemical industry. Its comprehensive range of services includes logistics, engineering and construction, fabrication, and maintenance. Products range from pumps, pipe support, and diagnostic services for upstream operations to multi-purpose dispensers and petrol retail and convenience stores. Dialog Group works on multiple phases of the oil and gas value chain and has several technology partners to enhance solutions. The company's customers are primarily multinational oil majors, national oil companies, and multinational engineering and service providers. It has offices in multiple regions of the world but generates the majority of its revenue in Southeast Asia.

Dialog Group Bhd (XKLS:7277) Headlines

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