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Infinitii Ai (Infinitii Ai) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Infinitii Ai 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.

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

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


Infinitii Ai Sloan Ratio % Historical Data

The historical data trend for Infinitii Ai'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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Infinitii Ai Sloan Ratio % Chart

Infinitii Ai Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.99 -76.23 - - -

Infinitii Ai Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Infinitii Ai's Sloan Ratio %

For the Software - Application subindustry, Infinitii Ai'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.


Infinitii Ai's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Infinitii Ai's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Infinitii Ai's Sloan Ratio % falls into.



Infinitii Ai 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.

Infinitii Ai'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 )
=(-1.972--0.924
-0)/0.806
=-130.02%

Infinitii Ai'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 )
=(-1.798--0.652
-0)/0.677
=-169.28%

Infinitii Ai's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.976 (Mar. 2023 ) + -0.376 (Jun. 2023 ) + -0.186 (Sep. 2023 ) + -0.26 (Dec. 2023 ) = $-1.80 Mil.
Infinitii Ai's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.053 (Mar. 2023 ) + -0.135 (Jun. 2023 ) + -0.244 (Sep. 2023 ) + -0.22 (Dec. 2023 ) = $-0.65 Mil.
Infinitii Ai's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 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.


Infinitii Ai  (OTCPK:CDTAF) 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, Infinitii Ai has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Infinitii Ai Sloan Ratio % Related Terms

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Infinitii Ai (Infinitii Ai) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Infinitii Ai Inc provides environmental monitoring to water infrastructure utilities in the U.S and Canada. The group has developed AI-driven predictive analytics software for Smart City and Smart Industry infrastructure operations that rely on time-series data. The software performs real-time analysis, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source, and offers predictive and prescriptive machine learning analytics. The company serves its customers through a trusted partner network that includes engineering and IT services companies like AECOM, Core & Main, Kerr Wood Leidal, K2 Geospatial, and CSL Services. It has one segment, comprised of data services. It derives the majority of its revenue from Canada.