GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AIFarm Ltd (OTCPK:AIFM) » Definitions » Sloan Ratio %

AIFarm (AIFarm) Sloan Ratio % : 0.00% (As of Dec. 2019)


View and export this data going back to 2016. Start your Free Trial

What is AIFarm 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.

AIFarm's Sloan Ratio for the quarter that ended in Dec. 2019 was 0.00%.

As of Dec. 2019, AIFarm has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


AIFarm Sloan Ratio % Historical Data

The historical data trend for AIFarm'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.

AIFarm Sloan Ratio % Chart

AIFarm Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Sloan Ratio %
Get a 7-Day Free Trial - - 31.51 - -

AIFarm Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 AIFarm's Sloan Ratio %

For the Farm & Heavy Construction Machinery subindustry, AIFarm'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.


AIFarm's Sloan Ratio % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AIFarm's Sloan Ratio % distribution charts can be found below:

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



AIFarm 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.

AIFarm's Sloan Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2019 )-Cash Flow from Operations (A: Dec. 2019 )
-Cash Flow from Investing (A: Dec. 2019 ))/Total Assets (A: Dec. 2019 )
=(-0.547--0.591
-0)/0.088
=50.00%

AIFarm's Sloan Ratio for the quarter that ended in Dec. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2019 )
=(-0.546--0.591
-0)/0.088
=51.14%

AIFarm's Net Income for the trailing twelve months (TTM) ended in Dec. 2019 was -0.135 (Mar. 2019 ) + -0.076 (Jun. 2019 ) + -0.219 (Sep. 2019 ) + -0.116 (Dec. 2019 ) = $-0.55 Mil.
AIFarm's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2019 was -0.133 (Mar. 2019 ) + -0.13 (Jun. 2019 ) + -0.157 (Sep. 2019 ) + -0.171 (Dec. 2019 ) = $-0.59 Mil.
AIFarm's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2019 was 0 (Mar. 2019 ) + 0 (Jun. 2019 ) + 0 (Sep. 2019 ) + 0 (Dec. 2019 ) = $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.


AIFarm  (OTCPK:AIFM) 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. 2019, AIFarm has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


AIFarm Sloan Ratio % Related Terms

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


AIFarm (AIFarm) Business Description

Traded in Other Exchanges
N/A
Address
30 Canton Road, Unit 503, 5th Floor, Silvercord Tower 2, TST, Kowloon, Hong Kong, HKG
AIFarm Ltd is enggaed in developed a proprietary growing system that designs and builds custom biodomes ranging in size appropriate for global commercial agricultural concerns as well as small local producers. The company provides sustainable horticultural solutions. It offers products and services, including GPS/GNSS farm plan, weather modeling, data analysis, and variable fertilizing components.
Executives
Yuen May Cheung director, 10 percent owner, officer: CEO/President FLAT A, 15/F., BLOCK 1, SITE 7 WHAMPOA GARDEN, HUNG HOM KOWLOON K3 00000
Chan Kin Ho Philip officer: Chief Financial Officer 2302, KAM WAI HOUSE KAM FUNG COURT SHATIN, NT K3 00000
Victor James Elias officer: Chief Financial Officer RM. 802, 8/F., KAI TAK COMMERCIAL BLDG 317-319 DES VOEUX ROAD CENTRAL K3 00000
Thomas Carlton Colclough officer: Chief Operating Officer 16 HACKWOOD CLOSE BARLASTON PARK BARLASTON X0 ST12 9BE

AIFarm (AIFarm) Headlines