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Catcha Investment (Catcha Investment) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Catcha Investment 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.

Catcha Investment's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Catcha Investment has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Catcha Investment Sloan Ratio % Historical Data

The historical data trend for Catcha Investment'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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Catcha Investment Sloan Ratio % Chart

Catcha Investment Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
- 103.44 -

Catcha Investment Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Catcha Investment's Sloan Ratio %

For the Shell Companies subindustry, Catcha Investment'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.


Catcha Investment's Sloan Ratio % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Catcha Investment's Sloan Ratio % falls into.



Catcha Investment 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.

Catcha Investment's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(11.616--0.974
-0)/304.141
=4.14%

Catcha Investment's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-2.419--1.027
-282.304)/24.307
=-1,167.14%

Catcha Investment's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 2.534 (Dec. 2022 ) + -0.188 (Mar. 2023 ) + -0.18 (Jun. 2023 ) + -4.585 (Sep. 2023 ) = $-2.42 Mil.
Catcha Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -0.055 (Dec. 2022 ) + -0.384 (Mar. 2023 ) + -0.266 (Jun. 2023 ) + -0.322 (Sep. 2023 ) = $-1.03 Mil.
Catcha Investment's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Dec. 2022 ) + 282.754 (Mar. 2023 ) + -0.225 (Jun. 2023 ) + -0.225 (Sep. 2023 ) = $282.30 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.


Catcha Investment  (AMEX:CHAA) 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. 2023, Catcha Investment has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Catcha Investment Sloan Ratio % Related Terms

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Catcha Investment (Catcha Investment) Business Description

Traded in Other Exchanges
N/A
Address
8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988
Catcha Investment Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
James A Graf director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Catcha Holdings Llc 10 percent owner 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Richard Alan Hess director C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Patrick Grove director, 10 percent owner, officer: Chief Executive Officer C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Lucas Robert Elliott director, 10 percent owner, officer: President C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Wai Kit Wong officer: Chief Financial Officer C/O CATCHA INVESTMENTS, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005