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SAB Events & Governance Now Media (NSE:SABEVENTS) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is SAB Events & Governance Now Media 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.

SAB Events & Governance Now Media's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

Warning Sign:

When sloan ratio (48.48)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2023, SAB Events & Governance Now Media has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SAB Events & Governance Now Media Sloan Ratio % Historical Data

The historical data trend for SAB Events & Governance Now Media'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.

SAB Events & Governance Now Media Sloan Ratio % Chart

SAB Events & Governance Now Media Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.90 - -12.30 -30.82 48.48

SAB Events & Governance Now Media 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 - - - - -

Competitive Comparison of SAB Events & Governance Now Media's Sloan Ratio %

For the Publishing subindustry, SAB Events & Governance Now Media'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.


SAB Events & Governance Now Media's Sloan Ratio % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SAB Events & Governance Now Media's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where SAB Events & Governance Now Media's Sloan Ratio % falls into.



SAB Events & Governance Now Media 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.

SAB Events & Governance Now Media's Sloan Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2023 )-Cash Flow from Operations (A: Mar. 2023 )
-Cash Flow from Investing (A: Mar. 2023 ))/Total Assets (A: Mar. 2023 )
=(-9.879--3.948
--51.024)/93.022
=48.48%

SAB Events & Governance Now Media'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 )
=(-8.559-0
-0)/0
=%

SAB Events & Governance Now Media's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 2.136 (Mar. 2023 ) + -2.963 (Jun. 2023 ) + -3.463 (Sep. 2023 ) + -4.269 (Dec. 2023 ) = ₹-8.56 Mil.
SAB Events & Governance Now Media's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = ₹0.00 Mil.
SAB Events & Governance Now Media's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = ₹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.


SAB Events & Governance Now Media  (NSE:SABEVENTS) 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, SAB Events & Governance Now Media has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SAB Events & Governance Now Media Sloan Ratio % Related Terms

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SAB Events & Governance Now Media (NSE:SABEVENTS) Business Description

Traded in Other Exchanges
Address
New Link Road, 7th Floor, Adhikari Chambers, Oberoi Complex, Andheri (West), Mumbai, MH, IND, 400053
SAB Events & Governance Now Media Ltd is carrying out the business of Digital Media Websites & MICE It is a multi-media initiative for participatory reportage and analyses related to the governance of all institutions and processes that are vital to public life in India. It is operating in the single primary business segment of Digital Media Websites and MICE. It is available in the digital format as a portal and a video channel on YouTube. The company earns its revenue in the form of subscription, advertisement, distribution, and sponsorship.

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