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Evans & Sutherland Computer (Evans & Sutherland Computer) Sloan Ratio % : 1.27% (As of Dec. 2019)


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What is Evans & Sutherland Computer 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.

Evans & Sutherland Computer's Sloan Ratio for the quarter that ended in Dec. 2019 was 1.27%.

As of Dec. 2019, Evans & Sutherland Computer has a Sloan Ratio of 1.27%, indicating the company is in the safe zone and there is no funny business with accruals.


Evans & Sutherland Computer Sloan Ratio % Historical Data

The historical data trend for Evans & Sutherland Computer'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.

* Premium members only.

Evans & Sutherland Computer Sloan Ratio % Chart

Evans & Sutherland Computer Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.85 -6.99 10.89 -1.17 1.27

Evans & Sutherland Computer Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -1.17 3.06 1.91 0.79 1.27

Competitive Comparison of Evans & Sutherland Computer's Sloan Ratio %

For the Consumer Electronics subindustry, Evans & Sutherland Computer'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.


Evans & Sutherland Computer's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Evans & Sutherland Computer's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Evans & Sutherland Computer's Sloan Ratio % falls into.



Evans & Sutherland Computer 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.

Evans & Sutherland Computer's Sloan Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2019 )-Cash Flow from Operations (A: Dec. 2019 )
-Cash Flow from Investing (A: Dec. 2019 ))/Total Assets (A: Dec. 2019 )
=(-1.599--1.815
--0.124)/26.678
=1.27%

Evans & Sutherland Computer's Sloan Ratio for the quarter that ended in Dec. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2019 )
=(-1.599--1.815
--0.124)/26.678
=1.27%

Evans & Sutherland Computer's Net Income for the trailing twelve months (TTM) ended in Dec. 2019 was -0.643 (Mar. 2019 ) + 0.203 (Jun. 2019 ) + -0.802 (Sep. 2019 ) + -0.357 (Dec. 2019 ) = $-1.60 Mil.
Evans & Sutherland Computer's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2019 was -1.994 (Mar. 2019 ) + 0.438 (Jun. 2019 ) + -0.497 (Sep. 2019 ) + 0.238 (Dec. 2019 ) = $-1.82 Mil.
Evans & Sutherland Computer's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2019 was -0.058 (Mar. 2019 ) + -0.01 (Jun. 2019 ) + -0.032 (Sep. 2019 ) + -0.024 (Dec. 2019 ) = $-0.12 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.


Evans & Sutherland Computer  (OTCPK:ESCC) 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. 2019, Evans & Sutherland Computer has a Sloan Ratio of 1.27%, indicating the company is in the safe zone and there is no funny business with accruals.


Evans & Sutherland Computer Sloan Ratio % Related Terms

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Evans & Sutherland Computer (Evans & Sutherland Computer) Business Description

Traded in Other Exchanges
N/A
Address
770 Komas Drive, Salt Lake City, UT, USA, 84108
Evans & Sutherland Computer Corp is engaged in the production of visual display systems used in full-dome video projection applications, dome projection screens, dome architectural treatments, and content for planetariums, schools, science centers, other educational institutions, and entertainment venues. It supplies total system solutions for its digital theater markets as well as customized domes and other geometric structures in the architectural market. The products offered by the company include planetarium and dome theater systems consisting of proprietary hardware and software, and other visual display systems used to project digital video on curved surfaces.
Executives
Stephen T Winn 10 percent owner
Peter R Kellogg 10 percent owner 48 WALL STREET, C/O IAT REINSURANCE CO LTD, NEW YORK NY 10005
Stuart Steinberg 10 percent owner 85 BELLEVUE AVENUE, RYE NY 10580