Arctic Fish Holding AS (OSL:AFISH) Sloan Ratio % : 25.73% (As of Jun. 2023)

Arctic Fish Holding AS Sloan Ratio % Chart

Arctic Fish Holding AS Quarterly Data
	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Sloan Ratio %	Get a 7-Day Free Trial											12.86	21.55	19.59	25.73	-

Competitive Comparison of Arctic Fish Holding AS's Sloan Ratio %

For the Farm Products subindustry, Arctic Fish Holding AS'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.

Arctic Fish Holding AS's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arctic Fish Holding AS's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Arctic Fish Holding AS's Sloan Ratio % falls into.

Arctic Fish Holding AS 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.

Arctic Fish Holding AS's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Arctic Fish Holding AS's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Arctic Fish Holding AS's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 37.415 (Jun. 2022 ) + -23.91 (Sep. 2022 ) + 60.4 (Dec. 2022 ) + -17.569 (Jun. 2023 ) = kr56.3 Mil.
Arctic Fish Holding AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -2.844 (Jun. 2022 ) + -71.13 (Sep. 2022 ) + -21.309 (Dec. 2022 ) + 2.913 (Jun. 2023 ) = kr-92.4 Mil.
Arctic Fish Holding AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was -96.592 (Jun. 2022 ) + -134.979 (Sep. 2022 ) + -112.909 (Dec. 2022 ) + -104.022 (Jun. 2023 ) = kr-448.5 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.

Arctic Fish Holding AS  (OSL:AFISH) 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, Arctic Fish Holding AS has a Sloan Ratio of 25.73%, indicating there is a warning stage of accrual build up.

Arctic Fish Holding AS Sloan Ratio % Related Terms

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Arctic Fish Holding AS (OSL:AFISH) Business Description