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Semper Paratus Acquisition (Semper Paratus Acquisition) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Semper Paratus Acquisition 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.

Semper Paratus Acquisition's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Semper Paratus Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Semper Paratus Acquisition Sloan Ratio % Historical Data

The historical data trend for Semper Paratus Acquisition'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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Semper Paratus Acquisition Sloan Ratio % Chart

Semper Paratus Acquisition Annual Data
Trend Dec21 Dec22
Sloan Ratio %
- -

Semper Paratus Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Semper Paratus Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Semper Paratus Acquisition'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.


Semper Paratus Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Semper Paratus Acquisition's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Semper Paratus Acquisition's Sloan Ratio % falls into.



Semper Paratus Acquisition 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.

Semper Paratus Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(4.408--0.215
-0)/357.138
=1.29%

Semper Paratus Acquisition's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(3.375--0.696
-333.271)/26.41
=-1,246.50%

Semper Paratus Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 2.614 (Dec. 2022 ) + 1.235 (Mar. 2023 ) + -0.195 (Jun. 2023 ) + -0.279 (Sep. 2023 ) = $3.38 Mil.
Semper Paratus Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -0.014 (Dec. 2022 ) + -0.077 (Mar. 2023 ) + -0.397 (Jun. 2023 ) + -0.208 (Sep. 2023 ) = $-0.70 Mil.
Semper Paratus Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Dec. 2022 ) + 333.271 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = $333.27 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.


Semper Paratus Acquisition  (NAS:LGST) 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 Sep. 2023, Semper Paratus Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Semper Paratus Acquisition Sloan Ratio % Related Terms

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Semper Paratus Acquisition (Semper Paratus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 38th Floor, New York, NY, USA, 10017
Semper Paratus Acquisition Corp is a special purpose acquisition company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Corbin Erisa Opportunity Fund, Ltd. 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Ssvk Associates, Llc 10 percent owner 8911 REGENTS PARK DRIVE, SUITE 550, TAMPA FL 33647
Scott Harris Sussman director 616 POPPY AVE, CORONA DEL MAR CA 92625
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Surendra K Ajjarapu director, 10 percent owner, officer: CEO and Chairman 8604 BUTTON BUSH CT, TAMPA FL 33647
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Jeff Rogers officer: President 720 SPYGLASS HILL, HOLLAND MI 49424
Semper Paratus Sponsor Llc 10 percent owner 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Philippe J Kurzweil officer: CFO & Secretary C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Brad Stewart director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017