Pet Center Comercio E Participacoes (BSP:PETZ3) Sloan Ratio % : 4.72% (As of Mar. 2024)

Pet Center Comercio E Participacoes Sloan Ratio % Chart

Pet Center Comercio E Participacoes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Sloan Ratio %	Get a 7-Day Free Trial															4.10	1.28	-2.79	5.43	4.72

Competitive Comparison of Pet Center Comercio E Participacoes's Sloan Ratio %

For the Specialty Retail subindustry, Pet Center Comercio E Participacoes'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.

Pet Center Comercio E Participacoes's Sloan Ratio % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pet Center Comercio E Participacoes's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Pet Center Comercio E Participacoes's Sloan Ratio % falls into.

Pet Center Comercio E Participacoes 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.

Pet Center Comercio E Participacoes's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Pet Center Comercio E Participacoes's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Pet Center Comercio E Participacoes's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 24.548 (Jun. 2023 ) + 1.477 (Sep. 2023 ) + 1.309 (Dec. 2023 ) + -4.473 (Mar. 2024 ) = R$23 Mil.
Pet Center Comercio E Participacoes's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 115.006 (Jun. 2023 ) + 144.18 (Sep. 2023 ) + 86.535 (Dec. 2023 ) + 93.465 (Mar. 2024 ) = R$439 Mil.
Pet Center Comercio E Participacoes's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -55.319 (Jun. 2023 ) + -54.25 (Sep. 2023 ) + -441.627 (Dec. 2023 ) + -50.526 (Mar. 2024 ) = R$-602 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.

Pet Center Comercio E Participacoes  (BSP:PETZ3) 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, Pet Center Comercio E Participacoes has a Sloan Ratio of 4.72%, indicating the company is in the safe zone and there is no funny business with accruals.

Pet Center Comercio E Participacoes Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Pet Center Comercio E Participacoes's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pet Center Comercio E Participacoes (BSP:PETZ3) Business Description