GURUFOCUS.COM » STOCK LIST » Technology » Software » BroadVision Inc (NAS:BVSN) » Definitions » Sloan Ratio %
中文

BroadVision (BroadVision) Sloan Ratio % : 0.00% (As of Sep. 2019)


View and export this data going back to 1996. Start your Free Trial

What is BroadVision 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.

BroadVision's Sloan Ratio for the quarter that ended in Sep. 2019 was 0.00%.

As of Sep. 2019, BroadVision has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


BroadVision Sloan Ratio % Historical Data

The historical data trend for BroadVision'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.

BroadVision Sloan Ratio % Chart

BroadVision Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 13.52 -51.93 -60.45 -22.87

BroadVision Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -29.91 -22.87 - - -

Competitive Comparison of BroadVision's Sloan Ratio %

For the Software - Application subindustry, BroadVision'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.


BroadVision's Sloan Ratio % Distribution in the Software Industry

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

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



BroadVision 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.

BroadVision's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-7--7.104
-0.985)/3.853
=-22.87%

BroadVision's Sloan Ratio for the quarter that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2019 )
=(-0.543--3.772
--0.014)/5.587
=58.05%

BroadVision's Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was -1.632 (Dec. 2018 ) + -0.289 (Mar. 2019 ) + -0.285 (Jun. 2019 ) + 1.663 (Sep. 2019 ) = $-0.54 Mil.
BroadVision's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2019 was -1.779 (Dec. 2018 ) + 0.001 (Mar. 2019 ) + -0.951 (Jun. 2019 ) + -1.043 (Sep. 2019 ) = $-3.77 Mil.
BroadVision's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2019 was -0.014 (Dec. 2018 ) + 0 (Mar. 2019 ) + 0 (Jun. 2019 ) + 0 (Sep. 2019 ) = $-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.


BroadVision  (NAS:BVSN) 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. 2019, BroadVision has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


BroadVision Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of BroadVision's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


BroadVision (BroadVision) Business Description

Traded in Other Exchanges
N/A
Address
460 Seaport Court, Suite 102, Redwood City, CA, USA, 94063
BroadVision Inc is a provider of social business solutions. It develops, markets, and supports enterprise portal applications. The company offers a robust framework for secure, mobile and cloud-based collaboration, information sharing, and knowledge management. It operates through the electronic commerce business solutions segment. Its software solutions include Business Agility Suite, Commerce Agility Suite, Clearvale, Clear, QuickSilver and Vmoso. The reportable segment includes facilities in North and South America, Europe, the Asia Pacific and the Middle East. The Americas contribute to the vast majority of total revenue.
Executives
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Pehong Chen director, officer: CEO and Interim CFO 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Roderick C Mcgeary director 1421 MCCRTHY BLVD, MILPITAS CA 95035
Thomas Michael Nevens director C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014
David L Anderson director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Boon Hwee Koh director C/O AGILENT TECHNOLOGIES, 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051

BroadVision (BroadVision) Headlines