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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Sloan Ratio % : -22.51% (As of Mar. 2024)


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What is Bridger Aerospace Group Holdings 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.

Bridger Aerospace Group Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 was -22.51%.

Warning Sign:

When sloan ratio (-28.42)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, Bridger Aerospace Group Holdings has a Sloan Ratio of -22.51%, indicating earnings are more likely to be made up of accruals.


Bridger Aerospace Group Holdings Sloan Ratio % Historical Data

The historical data trend for Bridger Aerospace Group Holdings'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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Bridger Aerospace Group Holdings Sloan Ratio % Chart

Bridger Aerospace Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
37.01 21.63 18.83 -28.42

Bridger Aerospace Group Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.94 7.57 -12.25 -28.41 -22.51

Competitive Comparison of Bridger Aerospace Group Holdings's Sloan Ratio %

For the Security & Protection Services subindustry, Bridger Aerospace Group Holdings'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.


Bridger Aerospace Group Holdings's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bridger Aerospace Group Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Bridger Aerospace Group Holdings's Sloan Ratio % falls into.



Bridger Aerospace Group Holdings 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.

Bridger Aerospace Group Holdings'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 )
=(-77.358--26.808
-27.158)/273.47
=-28.42%

Bridger Aerospace Group Holdings'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 )
=(-52.76--9.918
-13.984)/252.431
=-22.51%

Bridger Aerospace Group Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -19.022 (Jun. 2023 ) + 17.488 (Sep. 2023 ) + -31.139 (Dec. 2023 ) + -20.087 (Mar. 2024 ) = $-52.76 Mil.
Bridger Aerospace Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -16.792 (Jun. 2023 ) + 11.953 (Sep. 2023 ) + 14.683 (Dec. 2023 ) + -19.762 (Mar. 2024 ) = $-9.92 Mil.
Bridger Aerospace Group Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 15.606 (Jun. 2023 ) + 7.286 (Sep. 2023 ) + -8.694 (Dec. 2023 ) + -0.214 (Mar. 2024 ) = $13.98 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.


Bridger Aerospace Group Holdings  (NAS:BAER) 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, Bridger Aerospace Group Holdings has a Sloan Ratio of -22.51%, indicating earnings are more likely to be made up of accruals.


Bridger Aerospace Group Holdings Sloan Ratio % Related Terms

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Bridger Aerospace Group Holdings (Bridger Aerospace Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Aviation Lane, Belgrade, MT, USA, 59714
Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation.
Executives
Anne Hayes director 6436 31ST STREET NW, WASHINGTON DC 20015
Thomas Jermoluk 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Jcic Sponsor Llc 10 percent owner 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Debra Coleman director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Jpmorgan Chase Funding Inc. 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10179
Grannus Holdings Manager - Nq Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Family Tactical Opportunities Investment Partnership Iii - Nq - Esc L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bto Grannus Holdings Iv - Nq Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Howard Hugh Wyman Iii director 1209 ORANGE STREET, C/O ZERO ONE GROUP, WILMINGTON DE 19801
Dean Heller director 195 HUDSON AURORA ROAD, SMITH NV 89430
Todd J Hirsch director 345 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10154
Timothy P Sheehy director, 10 percent owner, officer: CEO & Co-Founder 90 AVIATION LANE, BELGRADE MT 59714
James J Muchmore officer: Chief Legal Officer & EVP 90 AVIATION LANE, BELGRADE MT 59714