Glunz & Jensen Holding A/S (OCSE:GJ) Sloan Ratio % : -4.77% (As of Dec. 2023)

Glunz & Jensen Holding A/S Sloan Ratio % Chart

Glunz & Jensen Holding A/S Annual Data
	Trend	May13	May14	May15	May16	May17	Mar19	Mar20	Mar21	Mar22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					-5.77	-3.61	-7.04	-3.17	-4.77

Glunz & Jensen Holding A/S Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23
Sloan Ratio %	Get a 7-Day Free Trial															-0.99	-3.17	3.22	3.71	-4.77

Competitive Comparison of Glunz & Jensen Holding A/S's Sloan Ratio %

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding A/S's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding A/S's Sloan Ratio % falls into.

Glunz & Jensen Holding A/S 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.

Glunz & Jensen Holding A/S's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Glunz & Jensen Holding A/S's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Glunz & Jensen Holding A/S's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 4.1 (Jun. 2023 ) + -1.188 (Dec. 2023 ) = kr2.9 Mil.
Glunz & Jensen Holding A/S's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 6.4 (Jun. 2023 ) + 7.584 (Dec. 2023 ) = kr14.0 Mil.
Glunz & Jensen Holding A/S's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -0.3 (Jun. 2023 ) + -0.369 (Dec. 2023 ) = kr-0.7 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.

Glunz & Jensen Holding A/S  (OCSE:GJ) 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, Glunz & Jensen Holding A/S has a Sloan Ratio of -4.77%, indicating the company is in the safe zone and there is no funny business with accruals.

Glunz & Jensen Holding A/S Sloan Ratio % Related Terms

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Glunz & Jensen Holding A/S (OCSE:GJ) Business Description