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Future Farm Technologies (Future Farm Technologies) Sloan Ratio % : -113.86% (As of Nov. 2019)


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What is Future Farm Technologies 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.

Future Farm Technologies's Sloan Ratio for the quarter that ended in Nov. 2019 was -113.86%.

As of Nov. 2019, Future Farm Technologies has a Sloan Ratio of -113.86%, indicating there is a warning stage of accrual build up.


Future Farm Technologies Sloan Ratio % Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Sloan Ratio % Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -75.36 -44.54 -82.77 1.42

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 -28.83 2.03 -72.68 -24.37 -113.86

Competitive Comparison of Future Farm Technologies's Sloan Ratio %

For the Farm Products subindustry, Future Farm Technologies'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.


Future Farm Technologies's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Future Farm Technologies's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Future Farm Technologies's Sloan Ratio % falls into.



Future Farm Technologies 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.

Future Farm Technologies's Sloan Ratio for the fiscal year that ended in Feb. 2019 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2019 )-Cash Flow from Operations (A: Feb. 2019 )
-Cash Flow from Investing (A: Feb. 2019 ))/Total Assets (A: Feb. 2019 )
=(-6.906--4.678
--2.336)/7.592
=1.42%

Future Farm Technologies's Sloan Ratio for the quarter that ended in Nov. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Nov. 2019 )
=(-8.246--1.902
-0.169)/5.72
=-113.86%

Future Farm Technologies's Net Income for the trailing twelve months (TTM) ended in Nov. 2019 was -1.919 (Feb. 2019 ) + -3.183 (May. 2019 ) + -1.629 (Aug. 2019 ) + -1.515 (Nov. 2019 ) = $-8.25 Mil.
Future Farm Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2019 was -1.052 (Feb. 2019 ) + -0.3 (May. 2019 ) + -0.622 (Aug. 2019 ) + 0.072 (Nov. 2019 ) = $-1.90 Mil.
Future Farm Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Nov. 2019 was -0.011 (Feb. 2019 ) + -0.138 (May. 2019 ) + 0.323 (Aug. 2019 ) + -0.005 (Nov. 2019 ) = $0.17 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.


Future Farm Technologies  (OTCPK:FFRMF) 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 Nov. 2019, Future Farm Technologies has a Sloan Ratio of -113.86%, indicating there is a warning stage of accrual build up.


Future Farm Technologies Sloan Ratio % Related Terms

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Future Farm Technologies (Future Farm Technologies) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.
Executives
Michael C Withrow director, 10 percent owner, officer: CEO SUITE 1040 - 885 WEST GEORGIA STREET VANCOUVER A1 V6C 3E8
Brayden R Sutton director 44486 MONTE VISTA DRIVE CHILLIWACK A1 V2R 5T2