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Jammin Java (Jammin Java) Piotroski F-Score : N/A (As of Jun. 18, 2024)


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What is Jammin Java Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Jammin Java has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Jammin Java's Piotroski F-Score or its related term are showing as below:

During the past 9 years, the highest Piotroski F-Score of Jammin Java was 6. The lowest was 1. And the median was 4.


Jammin Java Piotroski F-Score Historical Data

The historical data trend for Jammin Java's Piotroski F-Score 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.

Jammin Java Piotroski F-Score Chart

Jammin Java Annual Data
Trend Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 6.00 7.00 5.00 5.00 4.00

Jammin Java Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Sep22 Sep23
Piotroski F-Score 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 3.00 3.00 3.00 1.00 N/A

Competitive Comparison of Jammin Java's Piotroski F-Score

For the Real Estate Services subindustry, Jammin Java's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Jammin Java's Piotroski F-Score Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jammin Java's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Jammin Java's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* 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.

This Year (Sep23) TTM:Last Year (Apr16) TTM:
Net Income was -2.894 + -3.416 + -0.046 + -0.018 = $-6.37 Mil.
Cash Flow from Operations was 0.409 + -0.547 + 0 + 0 = $-0.14 Mil.
Revenue was 1.698 + 0 + 0 + 0 = $1.70 Mil.
Gross Profit was 0.303 + 0 + 0 + 0 = $0.30 Mil.
Average Total Assets from the begining of this year (Apr16)
to the end of this year (Sep23) was
(2.489 + 2.39 + 0.996 + 0.688 + 0) / 5 = $1.64075 Mil.
Total Assets at the begining of this year (Apr16) was $2.49 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.00 Mil.
Total Current Liabilities was $0.00 Mil.
Net Income was -0.968 + -1.497 + -1.539 + -1.488 = $-5.49 Mil.

Revenue was 2.868 + 0 + 11.199 + 2.728 = $16.80 Mil.
Gross Profit was 0.809 + 0 + 11.199 + 0.941 = $12.95 Mil.
Average Total Assets from the begining of last year (Apr15)
to the end of last year (Apr16) was
(2.957 + 3.111 + 2.384 + 2.115 + 2.489) / 5 = $2.6112 Mil.
Total Assets at the begining of last year (Apr15) was $2.96 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $1.69 Mil.
Total Current Liabilities was $5.92 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Jammin Java's current Net Income (TTM) was -6.37. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Jammin Java's current Cash Flow from Operations (TTM) was -0.14. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Apr16)
=-6.374/2.489
=-2.56086782

ROA (Last Year)=Net Income/Total Assets (Apr15)
=-5.492/2.957
=-1.85728779

Jammin Java's return on assets of this year was -2.56086782. Jammin Java's return on assets of last year was -1.85728779. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Jammin Java's current Net Income (TTM) was -6.37. Jammin Java's current Cash Flow from Operations (TTM) was -0.14. ==> -0.14 > -6.37 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr16 to Sep23
=0/1.64075
=0

Gearing (Last Year: Apr16)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr15 to Apr16
=0/2.6112
=0

Jammin Java's gearing of this year was 0. Jammin Java's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Sep23)=Total Current Assets/Total Current Liabilities
=0/0
=

Current Ratio (Last Year: Apr16)=Total Current Assets/Total Current Liabilities
=1.685/5.917
=0.28477269

Jammin Java's current ratio of this year was . Jammin Java's current ratio of last year was 0.28477269. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Jammin Java's number of shares in issue this year was 13739.266. Jammin Java's number of shares in issue last year was 127.749. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0.303/1.698
=0.17844523

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=12.949/16.795
=0.77100327

Jammin Java's gross margin of this year was 0.17844523. Jammin Java's gross margin of last year was 0.77100327. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Apr16)
=1.698/2.489
=0.68220169

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr15)
=16.795/2.957
=5.67974298

Jammin Java's asset turnover of this year was 0.68220169. Jammin Java's asset turnover of last year was 5.67974298. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+0+1+1+0+0+0+0
=2

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Jammin Java has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Jammin Java  (OTCPK:JAMN) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Jammin Java Piotroski F-Score Related Terms

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Jammin Java (Jammin Java) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
447 Broadway, Unit 103, 2nd Floor, New York, NY, USA, 10013
Jammin Java Corp is focused on becoming a real estate acquisition, development and value-added development company.
Executives
Rohan Marley director, 10 percent owner SUITE 321, 357 SOUTH FAIRFAX, LOS ANGELES CA 90036
Brent Toevs director, officer: CEO 2764 IRONWOOD CIRCLE, ERIE CO 80516
Anh Tien Tran director, officer: PRESIDENT 936 N. HUDSON AVE., SUITE 102, LOS ANGELES CA 90038
Paola Dooly director, officer: Director of Sales 2660 SW RAVENSVIEW DR, PORTLAND TX 97201
Shane Whittle other: FORMER CEO,TREAS,SEC.&DIRECTOR
David Oneill other: FORMER 10% OWNER PO BOX 6140, NEWPORT BEACH CA 92658
David O'neill director, 10 percent owner, officer: President, Sec, Treas 6240 WEST 3RD STREET, SUITE 432, LOS ANGELES CA 90036

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