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Financiere Marjos (XPAR:FINM) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Financiere Marjos 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.

Financiere Marjos's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

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


Financiere Marjos Sloan Ratio % Historical Data

The historical data trend for Financiere Marjos'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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Financiere Marjos Sloan Ratio % Chart

Financiere Marjos Annual Data
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Financiere Marjos Semi-Annual Data
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Competitive Comparison of Financiere Marjos's Sloan Ratio %

For the Conglomerates subindustry, Financiere Marjos'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.


Financiere Marjos's Sloan Ratio % Distribution in the Conglomerates Industry

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

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



Financiere Marjos 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.

Financiere Marjos's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-0.015--0.145
-0)/0.019
=684.21%

Financiere Marjos's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-0.015--0.145
-0)/0.019
=684.21%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Financiere Marjos's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.037 (Jun. 2023 ) + 0.022 (Dec. 2023 ) = €-0.02 Mil.
Financiere Marjos's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.122 (Jun. 2023 ) + -0.023 (Dec. 2023 ) = €-0.15 Mil.
Financiere Marjos's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Jun. 2023 ) + 0 (Dec. 2023 ) = €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.


Financiere Marjos  (XPAR:FINM) 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, Financiere Marjos has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Financiere Marjos Sloan Ratio % Related Terms

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Financiere Marjos (XPAR:FINM) Business Description

Traded in Other Exchanges
N/A
Address
112, avenue Kleber, Paris, FRA, 75116
Financiere Marjos specializes in the creating, installing, acquiring, and operating, all types of manufacturing, sales, leasing, and service companies, with no limitations or restrictions, in all branches of industry and commerce. It is also engaged in financial, administrative and IT management in general and the administration of its buildings.