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International Dispensing (International Dispensing) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is International Dispensing 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.

International Dispensing's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, International Dispensing has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


International Dispensing Sloan Ratio % Historical Data

The historical data trend for International Dispensing'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.

International Dispensing Sloan Ratio % Chart

International Dispensing Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Sloan Ratio %
Get a 7-Day Free Trial - 29.76 -9.90 0.45 9.86

International Dispensing Quarterly Data
Dec96 Dec97 Dec98 Mar99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Sep21 Sep22
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 -1.38 9.86 20.41 - -

Competitive Comparison of International Dispensing's Sloan Ratio %

For the Packaging & Containers subindustry, International Dispensing'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.


International Dispensing's Sloan Ratio % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, International Dispensing's Sloan Ratio % distribution charts can be found below:

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



International Dispensing 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.

International Dispensing's Sloan Ratio for the fiscal year that ended in Dec. 2002 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2002 )-Cash Flow from Operations (A: Dec. 2002 )
-Cash Flow from Investing (A: Dec. 2002 ))/Total Assets (A: Dec. 2002 )
=(-2.583--2.203
--0.608)/2.312
=9.86%

International Dispensing's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(-1.877--1.204
--0.225)/0.138
=-324.64%

International Dispensing's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was -0.589 (Dec. 2002 ) + -0.564 (Mar. 2003 ) + -0.394 (Sep. 2021 ) + -0.33 (Sep. 2022 ) = $-1.88 Mil.
International Dispensing's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.492 (Dec. 2002 ) + -0.712 (Mar. 2003 ) + 0 (Sep. 2021 ) + 0 (Sep. 2022 ) = $-1.20 Mil.
International Dispensing's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was -0.193 (Dec. 2002 ) + -0.032 (Mar. 2003 ) + 0 (Sep. 2021 ) + 0 (Sep. 2022 ) = $-0.23 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.


International Dispensing  (OTCPK:IDND) 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 Sep. 2022, International Dispensing has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


International Dispensing Sloan Ratio % Related Terms

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International Dispensing (International Dispensing) Business Description

Traded in Other Exchanges
N/A
Address
170 Pulaski Street, Southampton, NY, USA, 11968
International Dispensing Corp is a packaging research and development company. It designs & manufactures proprietary packaging and dispensing solutions for the flowable food, beverage, medical, pharmaceutical and chemical industries. The company provides its products under the brand 'The Answer'.

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