GURUFOCUS.COM » STOCK LIST » Technology » Software » Generative AI Solutions Corp (OTCPK:AICOF) » Definitions » Sloan Ratio %

AICOF (Generative AI Solutions) Sloan Ratio % : 0.00% (As of Apr. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Generative AI Solutions 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.

Generative AI Solutions's Sloan Ratio for the quarter that ended in Apr. 2024 was 0.00%.

Warning Sign:

When sloan ratio (-252)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Apr. 2024, Generative AI Solutions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Generative AI Solutions Sloan Ratio % Historical Data

The historical data trend for Generative AI Solutions'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.

Generative AI Solutions Sloan Ratio % Chart

Generative AI Solutions Annual Data
Trend Feb22 Jan23 Jan24
Sloan Ratio %
- - -251.99

Generative AI Solutions Quarterly Data
May20 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jul23 Oct23 Jan24 Apr24
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 - - - - -

Competitive Comparison of Generative AI Solutions's Sloan Ratio %

For the Software - Application subindustry, Generative AI Solutions'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.


Generative AI Solutions's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Generative AI Solutions's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Generative AI Solutions's Sloan Ratio % falls into.



Generative AI Solutions 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.

Generative AI Solutions's Sloan Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2024 )-Cash Flow from Operations (A: Jan. 2024 )
-Cash Flow from Investing (A: Jan. 2024 ))/Total Assets (A: Jan. 2024 )
=(-12.387--4.229
-0.969)/3.622
=-251.99%

Generative AI Solutions's Sloan Ratio for the quarter that ended in Apr. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Apr. 2024 )
=(-12.233--4.731
-0.522)/3.248
=-247.04%

Generative AI Solutions's Net Income for the trailing twelve months (TTM) ended in Apr. 2024 was -0.78 (Jul. 2023 ) + -0.508 (Oct. 2023 ) + -10.609 (Jan. 2024 ) + -0.336 (Apr. 2024 ) = $-12.23 Mil.
Generative AI Solutions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2024 was -0.903 (Jul. 2023 ) + -0.543 (Oct. 2023 ) + -2.76 (Jan. 2024 ) + -0.525 (Apr. 2024 ) = $-4.73 Mil.
Generative AI Solutions's Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2024 was -1.81 (Jul. 2023 ) + -0.179 (Oct. 2023 ) + 2.511 (Jan. 2024 ) + 0 (Apr. 2024 ) = $0.52 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.


Generative AI Solutions  (OTCPK:AICOF) 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 Apr. 2024, Generative AI Solutions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Generative AI Solutions Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Generative AI Solutions's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Generative AI Solutions Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.