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Sustainable Green Team (Sustainable Green Team) Sloan Ratio % : 21.59% (As of Mar. 2024)


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What is Sustainable Green Team 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.

Sustainable Green Team's Sloan Ratio for the quarter that ended in Mar. 2024 was 21.59%.

As of Mar. 2024, Sustainable Green Team has a Sloan Ratio of 21.59%, indicating there is a warning stage of accrual build up.


Sustainable Green Team Sloan Ratio % Historical Data

The historical data trend for Sustainable Green Team'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.

Sustainable Green Team Sloan Ratio % Chart

Sustainable Green Team Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
5.59 6.14 18.20

Sustainable Green Team Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 0.92 29.05 18.20 21.59

Competitive Comparison of Sustainable Green Team's Sloan Ratio %

For the Lumber & Wood Production subindustry, Sustainable Green Team'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.


Sustainable Green Team's Sloan Ratio % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sustainable Green Team's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Sustainable Green Team's Sloan Ratio % falls into.



Sustainable Green Team 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.

Sustainable Green Team's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-3.582--32.009
--0.713)/160.094
=18.20%

Sustainable Green Team's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-5.467--41.414
-0.56)/163.93
=21.59%

Sustainable Green Team's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -3.387 (Jun. 2023 ) + 7.094 (Sep. 2023 ) + -6.775 (Dec. 2023 ) + -2.399 (Mar. 2024 ) = $-5.47 Mil.
Sustainable Green Team's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 3.087 (Jun. 2023 ) + -32.449 (Sep. 2023 ) + -2.532 (Dec. 2023 ) + -9.52 (Mar. 2024 ) = $-41.41 Mil.
Sustainable Green Team's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -0.365 (Jun. 2023 ) + -1.06 (Sep. 2023 ) + 1.993 (Dec. 2023 ) + -0.008 (Mar. 2024 ) = $0.56 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.


Sustainable Green Team  (OTCPK:SGTM) 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 Mar. 2024, Sustainable Green Team has a Sloan Ratio of 21.59%, indicating there is a warning stage of accrual build up.


Sustainable Green Team Sloan Ratio % Related Terms

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Sustainable Green Team (Sustainable Green Team) Business Description

Traded in Other Exchanges
N/A
Address
24200 County RD 561, Astatula, FL, USA, 34705
Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.

Sustainable Green Team (Sustainable Green Team) Headlines

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