Isle of Capri Casinos (Isle of Capri Casinos) Piotroski F-Score : 0 (As of Apr. 25, 2024)

Isle of Capri Casinos Piotroski F-Score Chart

Isle of Capri Casinos Annual Data
	Trend	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16
Piotroski F-Score		Get a 7-Day Free Trial					5.00	4.00	5.00	6.00	8.00

Isle of Capri Casinos Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Piotroski F-Score	Get a 7-Day Free Trial															6.00	8.00	7.00	8.00	7.00

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.

*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.

Isle of Capri Casinos's current Net Income (TTM) was 67. ==> Positive ==> Score 1.

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.

Isle of Capri Casinos's current Cash Flow from Operations (TTM) was 132. ==> Positive ==> Score 1.

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.

Isle of Capri Casinos's return on assets of this year was 0.05556373. Isle of Capri Casinos's return on assets of last year was 0.01931981. ==> This year is higher. ==> Score 1.

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.

Isle of Capri Casinos's current Net Income (TTM) was 67. Isle of Capri Casinos's current Cash Flow from Operations (TTM) was 132. ==> 132 > 67 ==> 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.

Isle of Capri Casinos's gearing of this year was 0.73013239. Isle of Capri Casinos's gearing of last year was 0.77608122. ==> 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

Isle of Capri Casinos's current ratio of this year was 1.78591612. Isle of Capri Casinos's current ratio of last year was 0.87926459. ==> This year's current ratio is higher. ==> Score 1.

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.

Isle of Capri Casinos's number of shares in issue this year was 41.804. Isle of Capri Casinos's number of shares in issue last year was 41.445. ==> 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.

Isle of Capri Casinos's gross margin of this year was 0.4662887. Isle of Capri Casinos's gross margin of last year was 0.467556. ==> 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

Isle of Capri Casinos's asset turnover of this year was 0.83251401. Isle of Capri Casinos's asset turnover of last year was 0.72600467. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

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

Isle of Capri Casinos has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Isle of Capri Casinos  (NAS:ISLE) 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.

Isle of Capri Casinos Piotroski F-Score Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description