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Talwalkars Lifestyles (BOM:541545) Sloan Ratio % : 0.00% (As of Jun. 2019)


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What is Talwalkars Lifestyles 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.

Talwalkars Lifestyles's Sloan Ratio for the quarter that ended in Jun. 2019 was 0.00%.

As of Jun. 2019, Talwalkars Lifestyles has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Talwalkars Lifestyles Sloan Ratio % Historical Data

The historical data trend for Talwalkars Lifestyles'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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Talwalkars Lifestyles Sloan Ratio % Chart

Talwalkars Lifestyles Annual Data
Trend Mar17
Sloan Ratio %
-

Talwalkars Lifestyles Quarterly Data
Jun17 Sep17 Dec17 Jun18 Sep18 Dec18 Jun19
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Talwalkars Lifestyles's Sloan Ratio %

For the Leisure subindustry, Talwalkars Lifestyles'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.


Talwalkars Lifestyles's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Talwalkars Lifestyles's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Talwalkars Lifestyles's Sloan Ratio % falls into.



Talwalkars Lifestyles 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.

Talwalkars Lifestyles's Sloan Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2017 )-Cash Flow from Operations (A: Mar. 2017 )
-Cash Flow from Investing (A: Mar. 2017 ))/Total Assets (A: Mar. 2017 )
=(0-0
-0)/0.148
=0.00%

Talwalkars Lifestyles's Sloan Ratio for the quarter that ended in Jun. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2019 )
=(103.36-0
-0)/0
=%

Talwalkars Lifestyles's Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was 88.93 (Jun. 2018 ) + 364.29 (Sep. 2018 ) + 47.87 (Dec. 2018 ) + -397.73 (Jun. 2019 ) = ₹103 Mil.
Talwalkars Lifestyles's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2019 was 0 (Jun. 2018 ) + 0 (Sep. 2018 ) + 0 (Dec. 2018 ) + 0 (Jun. 2019 ) = ₹0 Mil.
Talwalkars Lifestyles's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2019 was 0 (Jun. 2018 ) + 0 (Sep. 2018 ) + 0 (Dec. 2018 ) + 0 (Jun. 2019 ) = ₹0 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.


Talwalkars Lifestyles  (BOM:541545) 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 Jun. 2019, Talwalkars Lifestyles has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Talwalkars Lifestyles Sloan Ratio % Related Terms

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Talwalkars Lifestyles (BOM:541545) Business Description

Traded in Other Exchanges
N/A
Address
22, Bhulabhai Desai Road, 801 - 813, Mahalaxmi Chambers, Breach Candy, Cumballa Hill, Mumbai, MH, IND, 400026
Talwalkars Lifestyles Ltd is an India based company is engaged in providing fitness services. It offers a range of services that include health solutions and fitness services such as Transform, Reduce, NuForm, Nutrition Counselling, Personal Training, Spa, Massage, Aerobics, Zumba, Gym, Yoga and Dietary Regimes, among others. Its Nuform offers electrical muscle stimulation (EMS)-based workout and Reduce offers diet-based weight reduction program.

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