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Rightscorp (Rightscorp) Sloan Ratio % : 0.00% (As of Sep. 2017)


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What is Rightscorp 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.

Rightscorp's Sloan Ratio for the quarter that ended in Sep. 2017 was 0.00%.

As of Sep. 2017, Rightscorp has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Rightscorp Sloan Ratio % Historical Data

The historical data trend for Rightscorp'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.

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Rightscorp Sloan Ratio % Chart

Rightscorp Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Dec14 Dec15 Dec16
Sloan Ratio %
Get a 7-Day Free Trial - - 4.26 - -

Rightscorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Rightscorp's Sloan Ratio %

For the Software - Infrastructure subindustry, Rightscorp'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.


Rightscorp's Sloan Ratio % Distribution in the Software Industry

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

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



Rightscorp 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.

Rightscorp's Sloan Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2016 )-Cash Flow from Operations (A: Dec. 2016 )
-Cash Flow from Investing (A: Dec. 2016 ))/Total Assets (A: Dec. 2016 )
=(-1.356--0.808
-0)/0.124
=-441.94%

Rightscorp's Sloan Ratio for the quarter that ended in Sep. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2017 )
=(-1.423--0.441
-0)/0.026
=-3,776.92%

Rightscorp's Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was 0.025 (Dec. 2016 ) + -0.408 (Mar. 2017 ) + -0.66 (Jun. 2017 ) + -0.38 (Sep. 2017 ) = $-1.42 Mil.
Rightscorp's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2017 was -0.005 (Dec. 2016 ) + -0.003 (Mar. 2017 ) + -0.199 (Jun. 2017 ) + -0.234 (Sep. 2017 ) = $-0.44 Mil.
Rightscorp's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2017 was 0 (Dec. 2016 ) + 0 (Mar. 2017 ) + 0 (Jun. 2017 ) + 0 (Sep. 2017 ) = $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.


Rightscorp  (OTCPK:RIHT) 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. 2017, Rightscorp has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Rightscorp Sloan Ratio % Related Terms

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Rightscorp (Rightscorp) Business Description

Traded in Other Exchanges
N/A
Address
3100 Donald Douglas Loop North, Santa Monica, CA, USA, 90405
Rightscorp Inc is a technology company and has a patent-pending, proprietary method for collecting payments from illegal downloaders of copyrighted content via notifications sent to their internet service providers (ISPs).
Executives
Cecil Bond Kyte director, officer: CEO, CFO 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601

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