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Nutrition Management Services Co (Nutrition Management Services Co) Sloan Ratio % : 3.57% (As of Sep. 2009)


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What is Nutrition Management Services Co 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.

Nutrition Management Services Co's Sloan Ratio for the quarter that ended in Sep. 2009 was 3.57%.

As of Sep. 2009, Nutrition Management Services Co has a Sloan Ratio of 3.57%, indicating the company is in the safe zone and there is no funny business with accruals.


Nutrition Management Services Co Sloan Ratio % Historical Data

The historical data trend for Nutrition Management Services Co'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.

Nutrition Management Services Co Sloan Ratio % Chart

Nutrition Management Services Co Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.73 4.16 1.85 -1.51 3.92

Nutrition Management Services Co Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 -0.22 1.19 2.35 3.94 3.57

Competitive Comparison of Nutrition Management Services Co's Sloan Ratio %

For the Medical Care Facilities subindustry, Nutrition Management Services Co'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.


Nutrition Management Services Co's Sloan Ratio % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nutrition Management Services Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Nutrition Management Services Co's Sloan Ratio % falls into.



Nutrition Management Services Co 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.

Nutrition Management Services Co's Sloan Ratio for the fiscal year that ended in Jun. 2009 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2009 )-Cash Flow from Operations (A: Jun. 2009 )
-Cash Flow from Investing (A: Jun. 2009 ))/Total Assets (A: Jun. 2009 )
=(0.085--0.428
-0.033)/12.251
=3.92%

Nutrition Management Services Co's Sloan Ratio for the quarter that ended in Sep. 2009 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2009 )
=(0.135--0.326
--0.001)/12.955
=3.57%

Nutrition Management Services Co's Net Income for the trailing twelve months (TTM) ended in Sep. 2009 was 0.048 (Dec. 2008 ) + 0.019 (Mar. 2009 ) + 0.094 (Jun. 2009 ) + -0.026 (Sep. 2009 ) = $0.14 Mil.
Nutrition Management Services Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2009 was -0.13 (Dec. 2008 ) + -0.261 (Mar. 2009 ) + 0.03 (Jun. 2009 ) + 0.035 (Sep. 2009 ) = $-0.33 Mil.
Nutrition Management Services Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2009 was 0.005 (Dec. 2008 ) + 0.016 (Mar. 2009 ) + 0.009 (Jun. 2009 ) + -0.031 (Sep. 2009 ) = $-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.


Nutrition Management Services Co  (OTCPK:NMSCA) 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. 2009, Nutrition Management Services Co has a Sloan Ratio of 3.57%, indicating the company is in the safe zone and there is no funny business with accruals.


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Nutrition Management Services Co (Nutrition Management Services Co) Business Description

Traded in Other Exchanges
N/A
Address
2071 Kimberton Road, Kimberton, PA, USA, 19442
Nutrition Management Services Co is a provider of food and facilities management services to the healthcare and retirement community industry such as Nursing Care Centers, Senior Living Communities, Acute Care Hospitals and Rehabilitation Centers and Private Education Sector.

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