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Lumos Networks (Lumos Networks) Sloan Ratio % : -3.78% (As of Sep. 2017)


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What is Lumos Networks 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.

Lumos Networks's Sloan Ratio for the quarter that ended in Sep. 2017 was -3.78%.

As of Sep. 2017, Lumos Networks has a Sloan Ratio of -3.78%, indicating the company is in the safe zone and there is no funny business with accruals.


Lumos Networks Sloan Ratio % Historical Data

The historical data trend for Lumos Networks'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.

Lumos Networks Sloan Ratio % Chart

Lumos Networks Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Sloan Ratio %
Get a 7-Day Free Trial 0.09 7.99 0.84 16.87 -4.32

Lumos Networks Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 2.67 -4.32 0.03 -0.18 -3.78

Competitive Comparison of Lumos Networks's Sloan Ratio %

For the Telecom Services subindustry, Lumos Networks'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.


Lumos Networks's Sloan Ratio % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Lumos Networks's Sloan Ratio % distribution charts can be found below:

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



Lumos Networks 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.

Lumos Networks'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 )
=(-0.523-65.376
--33.379)/753.372
=-4.32%

Lumos Networks'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 )
=(-5.136-73.922
--50.372)/759.014
=-3.78%

Lumos Networks's Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was 0.104 (Dec. 2016 ) + -5.317 (Mar. 2017 ) + 0.53 (Jun. 2017 ) + -0.453 (Sep. 2017 ) = $-5.1 Mil.
Lumos Networks's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2017 was 19.589 (Dec. 2016 ) + 14.934 (Mar. 2017 ) + 18.797 (Jun. 2017 ) + 20.602 (Sep. 2017 ) = $73.9 Mil.
Lumos Networks's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2017 was -18.032 (Dec. 2016 ) + -23.363 (Mar. 2017 ) + -0.727 (Jun. 2017 ) + -8.25 (Sep. 2017 ) = $-50.4 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.


Lumos Networks  (NAS:LMOS) 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, Lumos Networks has a Sloan Ratio of -3.78%, indicating the company is in the safe zone and there is no funny business with accruals.


Lumos Networks Sloan Ratio % Related Terms

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Lumos Networks (Lumos Networks) Business Description

Traded in Other Exchanges
N/A
Address
Lumos Networks Corp is a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region. It provides services to carrier and enterprise customers, including healthcare providers, local government agencies, financial institutions and educational institutions. The principal products and services of the group include Multiprotocol Label Switching based Ethernet, Metro Ethernet, Fiber to the Cell site wireless backhaul and data transport services, wavelength transport services and IP services. The company operates through three segments Data, Residential and Small Business, and RLEC Access of which data segment accounts for major revenue source which include enterprise data, transport and Fiber to the Cell product groups.
Executives
Peter D Aquino director MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Shawn Francis Odonnell director 120 ALBANY STREET SUITE 450, TOWER II NEW BRUNSWICK NJ 08901
Robert E Guth director 750 THIRD AVENUE NEW YORK NY 10017
Jerry E Vaughn director US UNWIRED INC 901 LAKESHORE DRIVE LAKE CHARLES LA 70601
Michael Sicoli director 196 VAN BUREN STREET HERNDON VA 20170
Julia B North director 1170 PEACHTREE STR NE, SUITE 2300, ATLANTA GA 30309
Quadrangle Select Partners Ii L P 10 percent owner 375 PARK AVE, NEW YORK NY 10152
Quadrangle Capital Partners Ii-a L P 10 percent owner 375 PARK AVE, NEW YORK NY 10152
Quadrangle Gp Investors Ii Lp 10 percent owner C/O QUADRANGLE GROUP LLC, 375 PARK AVENUE, NEW YORK NY 10152
Qcp Gp Investors Ii Llc 10 percent owner C/O QUADRANGLE GROUP LLC, 1271 AVENUE OF THE AMERICAS, SUITE 43A, NEW YORK NY 10020
Harold L Covert officer: EVP, CFO & Treasurer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035

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