American International Holdings (American International Holdings) Sloan Ratio % : 0.00% (As of Mar. 2023)

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What is American International Holdings 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.

American International Holdings's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

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

American International Holdings Sloan Ratio % Historical Data

The historical data trend for American International Holdings'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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American International Holdings Sloan Ratio % Chart

American International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Sloan Ratio %

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-182.85

-1,939.85

-631.93

-335.86

American International Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Sloan Ratio %	Get a 7-Day Free Trial															-	-	-	-387.46	-

Competitive Comparison of American International Holdings's Sloan Ratio %

For the Personal Services subindustry, American International Holdings'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.

American International Holdings's Sloan Ratio % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, American International Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where American International Holdings's Sloan Ratio % falls into.

American International Holdings 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.

American International Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio	=	(Net Income (A: Dec. 2022 )	-	Cash Flow from Operations (A: Dec. 2022 )
	-	Cash Flow from Investing (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2022 )
	=	(-2.575	-	-1.738
	-	0.315)	/	0.343
	=	-335.86%

American International Holdings's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Mar. 2023 )
	=	(-1.749	-	-1.02
	-	0.341)	/	10.261
	=	-10.43%

American International Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was 1.285 (Jun. 2022 ) + -3.218 (Sep. 2022 ) + 0.611 (Dec. 2022 ) + -0.427 (Mar. 2023 ) = $-1.75 Mil.
American International Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -0.527 (Jun. 2022 ) + -0.129 (Sep. 2022 ) + -0.264 (Dec. 2022 ) + -0.1 (Mar. 2023 ) = $-1.02 Mil.
American International Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was 0.065 (Jun. 2022 ) + 0.275 (Sep. 2022 ) + 0.001 (Dec. 2022 ) + 0 (Mar. 2023 ) = $0.34 Mil.

American International Holdings (OTCPK:AMIH) 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. 2023, American International Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

American International Holdings Sloan Ratio % Related Terms

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American International Holdings (American International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » American International Holdings Corp (OTCPK:AMIH) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

205S Bailey Street, Electra, TX, USA, 76360

Website

https://www.amihcorp.com

American International Holdings Corp is a diversified holding company. The firm is engaged in acquiring, managing and operating health, wellness and medical spa/treatment facilities across the United States and abroad.

Executives

Michael David Mclaren	director, 10 percent owner, officer: Chief Executive Officer	205 S BAILEY STREET, ELECTRA TX 76360
Gary Giles	director	2632 TORREY PINE DRIVE, FORT WORTH TX 76109
Marble Trital Inc.	10 percent owner	90 STATE STREET, SUITE 700, OFFICE 40, ALBANY NY 12207
Kenny Myers	director	5101 ADDISON CIRCLE,, UNIT 401,, ADDISON TX 75001
Lorraine Pamela D'alessio	director	8200 WILSHIRE BLVD, BEVERLY HILLS, CALIFORNIA CA 90211
Peter Casey Jensen	director	1052 MONTE CRISTO, PHOENIX AZ 85022
Jacob D. Cohen	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	2101 GLENDALE DRIVE, PLANO TX 75023
Luis Alan Hernandez	director, 10 percent owner, officer: CHIEF MARKETING OFFICER	11222 RICHMOND AVENUE SUITE 195, HOUSTON TX 77082
Esteban Alexander	director, 10 percent owner, officer: CHIEF OPERATING OFFICER	11222 RICHMOND AVENUE, SUITE 195, HOUSTON TX 77082
Daniel Dror	officer: Chairman & CEO	601 HANSON RD, KEMAH TX 77565-2701
Stump John W Iii	other: Director	601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Sherry Lynne Couturier	officer: VP & CFO	601 CIEN STREET, STE. 235, KEMAH TX 77565
American International Industries Inc	10 percent owner	601 CIEN ST, SUITE 235, KEMAH TX 77565-2701
Gary D Woerz	officer: President and CFO	601 CIEN RD, SUITE 235, KEMAH TX 77565