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APT Systems (APT Systems) Sloan Ratio % : 0.00% (As of Oct. 2018)


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What is APT Systems 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.

APT Systems's Sloan Ratio for the quarter that ended in Oct. 2018 was 0.00%.

As of Oct. 2018, APT Systems has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


APT Systems Sloan Ratio % Historical Data

The historical data trend for APT Systems'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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APT Systems Sloan Ratio % Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Sloan Ratio %
Get a 7-Day Free Trial - - - -445.08 -715.34

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 APT Systems's Sloan Ratio %

For the Software - Application subindustry, APT Systems'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.


APT Systems's Sloan Ratio % Distribution in the Software Industry

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

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



APT Systems 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.

APT Systems's Sloan Ratio for the fiscal year that ended in Jan. 2018 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2018 )-Cash Flow from Operations (A: Jan. 2018 )
-Cash Flow from Investing (A: Jan. 2018 ))/Total Assets (A: Jan. 2018 )
=(-1.509--0.205
--0.045)/0.176
=-715.34%

APT Systems's Sloan Ratio for the quarter that ended in Oct. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Oct. 2018 )
=(-1.542--0.328
--0.074)/0.217
=-525.35%

APT Systems's Net Income for the trailing twelve months (TTM) ended in Oct. 2018 was -0.226 (Jan. 2018 ) + -0.16 (Apr. 2018 ) + -0.851 (Jul. 2018 ) + -0.305 (Oct. 2018 ) = $-1.54 Mil.
APT Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2018 was -0.052 (Jan. 2018 ) + -0.082 (Apr. 2018 ) + -0.108 (Jul. 2018 ) + -0.086 (Oct. 2018 ) = $-0.33 Mil.
APT Systems's Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2018 was -0.025 (Jan. 2018 ) + -0.049 (Apr. 2018 ) + 0 (Jul. 2018 ) + 0 (Oct. 2018 ) = $-0.07 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.


APT Systems  (OTCPK:APTY) 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 Oct. 2018, APT Systems has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


APT Systems Sloan Ratio % Related Terms

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APT Systems (APT Systems) Business Description

Traded in Other Exchanges
N/A
Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.