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Infinity Capital Investments (LTS:0I2B) Sloan Ratio % : 0.11% (As of Jun. 2023)


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What is Infinity Capital Investments 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.

Infinity Capital Investments's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.11%.

As of Jun. 2023, Infinity Capital Investments has a Sloan Ratio of 0.11%, indicating the company is in the safe zone and there is no funny business with accruals.


Infinity Capital Investments Sloan Ratio % Historical Data

The historical data trend for Infinity Capital Investments'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.

* Premium members only.

Infinity Capital Investments Sloan Ratio % Chart

Infinity Capital Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.20 14.74 -4.03 1.86 3.70

Infinity Capital Investments Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -2.33 2.55 2.81 3.70 0.11

Competitive Comparison of Infinity Capital Investments's Sloan Ratio %

For the Asset Management subindustry, Infinity Capital Investments'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.


Infinity Capital Investments's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Infinity Capital Investments's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Infinity Capital Investments's Sloan Ratio % falls into.



Infinity Capital Investments 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.

Infinity Capital Investments'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 )
=(189.431-95.152
--4.503)/2668.257
=3.70%

Infinity Capital Investments's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(7.712-8.425
--3.573)/2657.288
=0.11%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Infinity Capital Investments's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 24.499 (Dec. 2022 ) + -16.787 (Jun. 2023 ) = lei7.7 Mil.
Infinity Capital Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -110.993 (Dec. 2022 ) + 119.418 (Jun. 2023 ) = lei8.4 Mil.
Infinity Capital Investments's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was -3.899 (Dec. 2022 ) + 0.326 (Jun. 2023 ) = lei-3.6 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.


Infinity Capital Investments  (LTS:0I2B) 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 Jun. 2023, Infinity Capital Investments has a Sloan Ratio of 0.11%, indicating the company is in the safe zone and there is no funny business with accruals.


Infinity Capital Investments Sloan Ratio % Related Terms

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Infinity Capital Investments (LTS:0I2B) Business Description

Traded in Other Exchanges
Address
1, Tufanele Street, Dolj County, Craiova, ROU, 200767
Infinity Capital Investments SA formerly Societatea de Investitii Financiare Oltenia SA is a Romania-based closed-end financial investment company. It is engaged in financial investment activities and management of investment portfolio. The company is involved in the management and administration of the shares in commercial companies; administration of the own portfolio of securities, and other similar and adjacent activities. Its business segments include financial investment activity; rental of commercial spaces; food industry (mainly production of oil and sunflower by-products); tourism.

Infinity Capital Investments (LTS:0I2B) Headlines

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