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Universal Power Industry (Universal Power Industry) Sloan Ratio % : 0.00% (As of Mar. 2016)


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What is Universal Power Industry 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.

Universal Power Industry's Sloan Ratio for the quarter that ended in Mar. 2016 was 0.00%.

As of Mar. 2016, Universal Power Industry has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Universal Power Industry Sloan Ratio % Historical Data

The historical data trend for Universal Power Industry'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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Universal Power Industry Sloan Ratio % Chart

Universal Power Industry Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Jun14 Jun15 Jun23
Sloan Ratio %
Get a 7-Day Free Trial 80.19 -39.13 - - -

Universal Power Industry Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 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 Universal Power Industry's Sloan Ratio %

For the Conglomerates subindustry, Universal Power Industry'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.


Universal Power Industry's Sloan Ratio % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Universal Power Industry's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Universal Power Industry's Sloan Ratio % falls into.



Universal Power Industry 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.

Universal Power Industry's Sloan Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2023 )-Cash Flow from Operations (A: Jun. 2023 )
-Cash Flow from Investing (A: Jun. 2023 ))/Total Assets (A: Jun. 2023 )
=(0.044-0.752
-0)/8.981
=-7.88%

Universal Power Industry's Sloan Ratio for the quarter that ended in Mar. 2016 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2016 )
=(-0.062--0.054
-0)/0
=%

Universal Power Industry's Net Income for the trailing twelve months (TTM) ended in Mar. 2016 was -0.001 (Jun. 2015 ) + -0.002 (Sep. 2015 ) + -0.036 (Dec. 2015 ) + -0.023 (Mar. 2016 ) = $-0.06 Mil.
Universal Power Industry's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2016 was 0 (Jun. 2015 ) + 0 (Sep. 2015 ) + -0.041 (Dec. 2015 ) + -0.013 (Mar. 2016 ) = $-0.05 Mil.
Universal Power Industry's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2016 was 0 (Jun. 2015 ) + 0 (Sep. 2015 ) + 0 (Dec. 2015 ) + 0 (Mar. 2016 ) = $0.00 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.


Universal Power Industry  (OTCPK:UPIN) 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 Mar. 2016, Universal Power Industry has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Universal Power Industry Sloan Ratio % Related Terms

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Universal Power Industry (Universal Power Industry) Business Description

Traded in Other Exchanges
N/A
Address
3 Grace Avenue, Suite 100, Great Neck, NY, USA, 11021
Universal Power Industry Corp is a diversified holding company. It owns, invests, and or manages businesses and real estate, and on special situations provides financing solutions to companies at various developmental stages. Its business objectives cover a wide range of sectors from consumer/industrial products and technology research and development/startups.

Universal Power Industry (Universal Power Industry) Headlines