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Meta Data (Meta Data) Sloan Ratio % : 0.00% (As of Aug. 2023)


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What is Meta Data 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.

Meta Data's Sloan Ratio for the quarter that ended in Aug. 2023 was 0.00%.

Warning Sign:

When sloan ratio (574.72)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


Meta Data Sloan Ratio % Historical Data

The historical data trend for Meta Data'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.

Meta Data Sloan Ratio % Chart

Meta Data Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only 21.29 -0.81 -991.79 -275.60 574.72

Meta Data Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - - - - -

Competitive Comparison of Meta Data's Sloan Ratio %

For the Education & Training Services subindustry, Meta Data'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.


Meta Data's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Meta Data's Sloan Ratio % distribution charts can be found below:

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



Meta Data 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.

Meta Data's Sloan Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Sloan Ratio=(Net Income (A: Aug. 2023 )-Cash Flow from Operations (A: Aug. 2023 )
-Cash Flow from Investing (A: Aug. 2023 ))/Total Assets (A: Aug. 2023 )
=(694.495-13.355
--15.097)/121.144
=574.72%

Meta Data's Sloan Ratio for the quarter that ended in Aug. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2023 )
=(694.495-0
-0)/121.144
=573.28%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Meta Data's Net Income for the trailing twelve months (TTM) ended in Aug. 2023 was -59.362 (Feb. 2023 ) + 753.857 (Aug. 2023 ) = $694.50 Mil.
Meta Data's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2023 was 0 (Feb. 2023 ) + 0 (Aug. 2023 ) = $0.00 Mil.
Meta Data's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2023 was 0 (Feb. 2023 ) + 0 (Aug. 2023 ) = $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.


Meta Data  (NYSE:AIU) 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 Aug. 2023, Meta Data has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Meta Data Sloan Ratio % Related Terms

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Meta Data (Meta Data) Business Description

Traded in Other Exchanges
Address
45-47 Au Pui Wan Street, Flat H 3/F, Haribest Industrial Building, Sha Tin New Territorie, Hong Kong, HKG
Meta Data Ltd is engaged in artificial intelligent education service (AIE) and artificial intelligent universe (AIU) IAAS service. AIE is to build an intelligent training system based on intelligent training plat-from to provide the maximum immersive experience and the technical foundation for learning, and implementation in RT3D with 360-degree landscape. AIU IAAS service provides software & hardware infrastructure (IAAS) to Metaverse business operator or individual users. Company classified business segment into Artificial Intelligent Education (AIE) service and Artificial Intelligent Universe (AIU) IAAS service. The company generates all of its revenue in the PRC.
Executives
Yiheng Capital, Llc 10 percent owner 101 CALIFORNIA STREET, SUITE 2880, San Francisco CA 94111

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