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Nukkleus (Nukkleus) Sloan Ratio % : 0.00% (As of Jun. 2023)


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What is Nukkleus 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.

Nukkleus's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-73.11)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


Nukkleus Sloan Ratio % Historical Data

The historical data trend for Nukkleus'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.

Nukkleus Sloan Ratio % Chart

Nukkleus Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -382.68 -244.33 - -13.16 -73.11

Nukkleus Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - -

Competitive Comparison of Nukkleus's Sloan Ratio %

For the Software - Application subindustry, Nukkleus'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.


Nukkleus's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Nukkleus's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Nukkleus's Sloan Ratio % falls into.



Nukkleus 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.

Nukkleus's Sloan Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2022 )-Cash Flow from Operations (A: Sep. 2022 )
-Cash Flow from Investing (A: Sep. 2022 ))/Total Assets (A: Sep. 2022 )
=(-11.846-1.616
--0.035)/18.365
=-73.11%

Nukkleus'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 )
=(-9.138-1.045
--0.196)/15.347
=-65.07%

Nukkleus's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was -5.988 (Sep. 2022 ) + -1.134 (Dec. 2022 ) + -0.806 (Mar. 2023 ) + -1.21 (Jun. 2023 ) = $-9.14 Mil.
Nukkleus's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was 1.672 (Sep. 2022 ) + 5.834 (Dec. 2022 ) + -7.717 (Mar. 2023 ) + 1.256 (Jun. 2023 ) = $1.05 Mil.
Nukkleus's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Sep. 2022 ) + -0.068 (Dec. 2022 ) + -0.128 (Mar. 2023 ) + 0 (Jun. 2023 ) = $-0.20 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.


Nukkleus  (NAS:NUKK) 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, Nukkleus has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Nukkleus Sloan Ratio % Related Terms

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Nukkleus (Nukkleus) Business Description

Traded in Other Exchanges
Address
525 Washington Boulevard, 14th Floor, Jersey, NJ, USA, 07310
Nukkleus Inc is a financial technology company that is focused on providing software and technology solutions. The company's operating segment includes General support services and Financial services. General support services include providing software, technology, customer sales and marketing, and risk management technology hardware and software solutions package under a GSA to a related party. Financial services include providing payment services from one fiat currency to another or to digital assets. It generates maximum revenue from the General support services segment. Geographically, the majority is from the United Kingdom.
Executives
Emil Assentato director, 10 percent owner, officer: Chief Executive Officer 525 WASHINGTON BLVD., JERSEY CITY NJ 07310
Jamal Khurshid officer: Chief Operating Officer BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ