What is Wal - Mart de MexicoB de CV 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.
As of Mar. 2024, Wal - Mart de MexicoB de CV has a Sloan Ratio of -1.31%, indicating the company is in the safe zone and there is no funny business with accruals.
Wal - Mart de MexicoB de CV Sloan Ratio % Historical Data
* 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.
Competitive Comparison of Wal - Mart de MexicoB de CV's Sloan Ratio %
For the Discount Stores subindustry, Wal - Mart de MexicoB de CV'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.
Wal - Mart de MexicoB de CV's Sloan Ratio % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Wal - Mart de MexicoB de CV's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Wal - Mart de MexicoB de CV's Sloan Ratio % falls into.
Wal - Mart de MexicoB de CV 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.
Wal - Mart de MexicoB de CV's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 667.531 (Jun. 2023 ) + 782.563 (Sep. 2023 ) + 883.429 (Dec. 2023 ) + 794.355 (Mar. 2024 ) = $3,128 Mil.
Wal - Mart de MexicoB de CV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 1248.312 (Jun. 2023 ) + 966.224 (Sep. 2023 ) + 2367.402 (Dec. 2023 ) + 523.075 (Mar. 2024 ) = $5,105 Mil.
Wal - Mart de MexicoB de CV's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -350.681 (Jun. 2023 ) + -508.784 (Sep. 2023 ) + -634.819 (Dec. 2023 ) + -136.821 (Mar. 2024 ) = $-1,631 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.
Wal - Mart de MexicoB de CV (OTCPK:WMMVY) 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.
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, Wal - Mart de MexicoB de CV has a Sloan Ratio of -1.31%, indicating the company is in the safe zone and there is no funny business with accruals.
Wal - Mart de MexicoB de CV Sloan Ratio % Related Terms
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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Business Description
Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.
Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Headlines
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