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PCS Edventures!.com (PCS Edventures!.com) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is PCS Edventures!.com 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.

PCS Edventures!.com's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

As of Dec. 2023, PCS Edventures!.com has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


PCS Edventures!.com Sloan Ratio % Historical Data

The historical data trend for PCS Edventures!.com'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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PCS Edventures!.com Sloan Ratio % Chart

PCS Edventures!.com Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -236.56 - - -56.65 -3.93

PCS Edventures!.com Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Dec22 Dec23
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 PCS Edventures!.com's Sloan Ratio %

For the Education & Training Services subindustry, PCS Edventures!.com'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.


PCS Edventures!.com's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, PCS Edventures!.com's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where PCS Edventures!.com's Sloan Ratio % falls into.



PCS Edventures!.com 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.

PCS Edventures!.com's Sloan Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2016 )-Cash Flow from Operations (A: Mar. 2016 )
-Cash Flow from Investing (A: Mar. 2016 ))/Total Assets (A: Mar. 2016 )
=(-0.434--0.383
--0.003)/1.221
=-3.93%

PCS Edventures!.com's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-1.16--1.216
-0)/6.31
=0.89%

PCS Edventures!.com's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.71 (Sep. 2016 ) + -0.605 (Dec. 2016 ) + 0.569 (Dec. 2022 ) + -0.414 (Dec. 2023 ) = $-1.16 Mil.
PCS Edventures!.com's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.511 (Sep. 2016 ) + -0.705 (Dec. 2016 ) + 0 (Dec. 2022 ) + 0 (Dec. 2023 ) = $-1.22 Mil.
PCS Edventures!.com's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Sep. 2016 ) + 0 (Dec. 2016 ) + 0 (Dec. 2022 ) + 0 (Dec. 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.


PCS Edventures!.com  (OTCPK:PCSV) 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 Dec. 2023, PCS Edventures!.com has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


PCS Edventures!.com Sloan Ratio % Related Terms

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PCS Edventures!.com (PCS Edventures!.com) Business Description

Traded in Other Exchanges
N/A
Address
11915 W. Executive Drive, Suite 101, Boise, ID, USA, 83713
PCS Edventures!.com Inc develops and markets educational programs. It specializes in experiential, hands-on, K12 education and drone technology. The company's key products include science, technology, engineering, and math products, EdventuresLab products and services, and Thrust UAV. It serves an afterschool market, elementary classrooms, technical education, parents and home educators. The company also has a presence in Australia, India, Egypt, Saudi Arabia, Pakistan, and Mexico.
Executives
Paula Lupriore director 200 FLYNN ROAD, CAMARILLO CA 93012
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706