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Wealthcraft Capital (Wealthcraft Capital) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Wealthcraft Capital 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.

Wealthcraft Capital's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-86.41)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Sep. 2023, Wealthcraft Capital has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Wealthcraft Capital Sloan Ratio % Historical Data

The historical data trend for Wealthcraft Capital'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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Wealthcraft Capital Sloan Ratio % Chart

Wealthcraft Capital Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Sloan Ratio %
Get a 7-Day Free Trial - - 6.48 -614.00 -86.41

Wealthcraft Capital Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Sep15 Mar16 Jun16 Sep16 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Wealthcraft Capital's Sloan Ratio %

For the Security & Protection Services subindustry, Wealthcraft Capital'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.


Wealthcraft Capital's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wealthcraft Capital's Sloan Ratio % distribution charts can be found below:

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



Wealthcraft Capital 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.

Wealthcraft Capital's Sloan Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2008 )-Cash Flow from Operations (A: Dec. 2008 )
-Cash Flow from Investing (A: Dec. 2008 ))/Total Assets (A: Dec. 2008 )
=(-0.648--0.004
--0.002)/0.743
=-86.41%

Wealthcraft Capital's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-0.039--0.119
--0.013)/0.402
=23.13%

Wealthcraft Capital's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 0.021 (Mar. 2022 ) + -0.018 (Sep. 2022 ) + -0.041 (Mar. 2023 ) + -0.001 (Sep. 2023 ) = $-0.04 Mil.
Wealthcraft Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -0.063 (Mar. 2022 ) + 0 (Sep. 2022 ) + -0.056 (Mar. 2023 ) + 0 (Sep. 2023 ) = $-0.12 Mil.
Wealthcraft Capital's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was -0.013 (Mar. 2022 ) + 0 (Sep. 2022 ) + 0 (Mar. 2023 ) + 0 (Sep. 2023 ) = $-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.


Wealthcraft Capital  (OTCPK:WCCP) 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. 2023, Wealthcraft Capital has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Wealthcraft Capital Sloan Ratio % Related Terms

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Wealthcraft Capital (Wealthcraft Capital) Business Description

Traded in Other Exchanges
N/A
Address
300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766
Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.
Executives
Li Jenny Xiao Zhen officer: CFO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius director, 10 percent owner, officer: Director and CIO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael director, 10 percent owner, officer: President & CEO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

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