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Adsouth Partners (Adsouth Partners) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Adsouth Partners 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.

Adsouth Partners's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Adsouth Partners has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Adsouth Partners Sloan Ratio % Historical Data

The historical data trend for Adsouth Partners'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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Adsouth Partners Sloan Ratio % Chart

Adsouth Partners Annual Data
Trend Dec21 Dec22
Sloan Ratio %
- -

Adsouth Partners Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Adsouth Partners's Sloan Ratio %

For the Shell Companies subindustry, Adsouth Partners'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.


Adsouth Partners's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adsouth Partners's Sloan Ratio % distribution charts can be found below:

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



Adsouth Partners 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.

Adsouth Partners's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(0-0
-0)/0
=%

Adsouth Partners's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-0.024-0
-0)/0
=%

Adsouth Partners's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + -0.024 (Sep. 2023 ) = $-0.02 Mil.
Adsouth Partners's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = $0.00 Mil.
Adsouth Partners's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = $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.


Adsouth Partners  (OTCPK:ASPR) 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 Sep. 2023, Adsouth Partners has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Adsouth Partners Sloan Ratio % Related Terms

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Adsouth Partners (Adsouth Partners) Business Description

Traded in Other Exchanges
N/A
Address
7339 E. Williams Drive, PO Box 26496, Scottsdale, AZ, USA, 85255
Adsouth Partners Inc is a shell company.
Executives
Jerald Horowitz director 1035 S. FEDERAL HIGHWAY, 211, DELRAY BEACH FL 33483
Wade Brian K /fa/ officer: VP Finance/Controller 9447 SUN POINTE DR, BOYNTON BEACH FL 33437
Loren R Haynes director 108 S. MAIN STREET, LIBERTY IN 47353
Harlan I Press director 2530 EAGLE RUN COURT, WESTON FL 33327
John Cammarano director, officer: Chief Executive Officer 6914 NW 126TH AVE., PARKLAND FL 33076
Anton Lee Wingeier officer: CHIEF FINANCIAL OFFICER 19513 ESTUARY DRIVE, BOCA RATON FL 33498
Acunto John P Jr director, 10 percent owner, officer: Chief Executive Officer and In 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Gary J Hohman officer: President
Angela E Acunto 10 percent owner
Omar A Rizvi director, officer: Interim CEO C/O ORIGIN INVESTMENT GROUP INC, 980 NORTH MICHIGAN AVE. #1400, CHICAGO IL 60611
Timothy Neil Williams 10 percent owner C/O STRAGEGY PARTNERS, 2600 MICHELSON DR. 17TH FL, IRVINE CA 92612
Ralph Douglas Sherrod director, officer: CFO C/O STRATEGY PARTNERS, 2600 MICHELSON DR. 17TH FL, IRVINE CA 92612
Tiger Fund Inc 10 percent owner 2600 MICHELSON DRIVE, 17TH FLOOR, IRVINE CA 92612
Richard Allan Moore other: Maj. Shareholder of Tiger Fund PO BOX 676286, RANCHO SANTA FE CA 92607

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