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EIH Associated Hotels (BOM:523127) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is EIH Associated Hotels 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.

EIH Associated Hotels's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, EIH Associated Hotels has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


EIH Associated Hotels Sloan Ratio % Historical Data

The historical data trend for EIH Associated Hotels'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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EIH Associated Hotels Sloan Ratio % Chart

EIH Associated Hotels 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 4.83 3.44 -6.23 2.79 12.32

EIH Associated Hotels 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 EIH Associated Hotels's Sloan Ratio %

For the Lodging subindustry, EIH Associated Hotels'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.


EIH Associated Hotels's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, EIH Associated Hotels's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where EIH Associated Hotels's Sloan Ratio % falls into.



EIH Associated Hotels 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.

EIH Associated Hotels'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 )
=(646.17-912.28
--887.39)/5043.66
=12.32%

EIH Associated Hotels'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 )
=(703.764-0
-0)/0
=%

EIH Associated Hotels's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 261.654 (Mar. 2023 ) + 72.49 (Jun. 2023 ) + -9.15 (Sep. 2023 ) + 378.77 (Dec. 2023 ) = ₹704 Mil.
EIH Associated Hotels'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 Mil.
EIH Associated Hotels'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 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.


EIH Associated Hotels  (BOM:523127) 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, EIH Associated Hotels has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


EIH Associated Hotels Sloan Ratio % Related Terms

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EIH Associated Hotels (BOM:523127) Business Description

Traded in Other Exchanges
Address
7, Sham Nath Marg, Delhi, IND, 110054
EIH Associated Hotels Ltd is an India-based company engaged in hotel activities. The business of the company is the ownership, management, and operation of five-star hotels in tourist destinations throughout India. The company owns luxury hotels under the Oberoi and five-star Trident brands in Indian cities. The group derives its principal revenue from hotel operations, including related services, food and beverage, and other services. The Company has identified a single reportable segment.

EIH Associated Hotels (BOM:523127) Headlines

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