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Buddy Technologies (Buddy Technologies) Sloan Ratio % : 0.00% (As of Dec. 2021)


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What is Buddy 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.

Buddy Technologies's Sloan Ratio for the quarter that ended in Dec. 2021 was 0.00%.

As of Dec. 2021, Buddy Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Buddy Technologies Sloan Ratio % Historical Data

The historical data trend for Buddy 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.

Buddy Technologies Sloan Ratio % Chart

Buddy Technologies Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -108.30 -12.57 6.57 -44.36 12.45

Buddy Technologies Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 0.46 -44.34 -29.44 12.43 -

Competitive Comparison of Buddy Technologies's Sloan Ratio %

For the Software - Infrastructure subindustry, Buddy 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.


Buddy Technologies's Sloan Ratio % Distribution in the Software Industry

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

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



Buddy 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.

Buddy Technologies's Sloan Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2021 )-Cash Flow from Operations (A: Jun. 2021 )
-Cash Flow from Investing (A: Jun. 2021 ))/Total Assets (A: Jun. 2021 )
=(-9.586--15.759
--0.468)/53.337
=12.45%

Buddy Technologies's Sloan Ratio for the quarter that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2021 )
=(-40.143--12.109
--0.008)/13.214
=-212.09%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Buddy Technologies's Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was -5.29 (Jun. 2021 ) + -34.853 (Dec. 2021 ) = $-40.14 Mil.
Buddy Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2021 was -11.323 (Jun. 2021 ) + -0.786 (Dec. 2021 ) = $-12.11 Mil.
Buddy Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2021 was -0.008 (Jun. 2021 ) + 0 (Dec. 2021 ) = $-0.01 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.


Buddy Technologies  (OTCPK:POTTF) 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. 2021, Buddy Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Buddy Technologies Sloan Ratio % Related Terms

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Buddy Technologies (Buddy Technologies) Business Description

Traded in Other Exchanges
N/A
Address
12 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Buddy Technologies Ltd is an IoT(Internet of Things) and a cloud-based technology company. The company's operating segment includes Commercial Business, Consumer Business, and Corporate. It generates maximum revenue from the Consumer Business segment that includes all the activities related to LIFX, which is the brand providing smart lighting solutions. Commercial Business includes Buddy Ohm, Buddy Cloud, and other Buddy Managed Services. Its geographical segments include Australia, North America, and EMEA(Europe, the Middle East & Africa).

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