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Bang Holdings (Bang Holdings) Sloan Ratio % : 0.00% (As of Jun. 2018)


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What is Bang Holdings 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.

Bang Holdings's Sloan Ratio for the quarter that ended in Jun. 2018 was 0.00%.

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


Bang Holdings Sloan Ratio % Historical Data

The historical data trend for Bang Holdings'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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Bang Holdings Sloan Ratio % Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Sloan Ratio %
- -1,012.17 - -209.50

Bang Holdings Quarterly Data
Sep14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 Bang Holdings's Sloan Ratio %

For the Advertising Agencies subindustry, Bang Holdings'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.


Bang Holdings's Sloan Ratio % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bang Holdings's Sloan Ratio % distribution charts can be found below:

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



Bang Holdings 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.

Bang Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2017 )-Cash Flow from Operations (A: Dec. 2017 )
-Cash Flow from Investing (A: Dec. 2017 ))/Total Assets (A: Dec. 2017 )
=(-0.695--0.315
--0.005)/0.179
=-209.50%

Bang Holdings's Sloan Ratio for the quarter that ended in Jun. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2018 )
=(-0.431--0.145
-0)/0.088
=-325.00%

Bang Holdings's Net Income for the trailing twelve months (TTM) ended in Jun. 2018 was -0.119 (Sep. 2017 ) + -0.057 (Dec. 2017 ) + -0.136 (Mar. 2018 ) + -0.119 (Jun. 2018 ) = $-0.43 Mil.
Bang Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2018 was -0.034 (Sep. 2017 ) + -0.068 (Dec. 2017 ) + -0.015 (Mar. 2018 ) + -0.028 (Jun. 2018 ) = $-0.15 Mil.
Bang Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2018 was 0 (Sep. 2017 ) + 0 (Dec. 2017 ) + 0 (Mar. 2018 ) + 0 (Jun. 2018 ) = $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.


Bang Holdings  (OTCPK:BXNG) 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 Jun. 2018, Bang Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Bang Holdings Sloan Ratio % Related Terms

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Bang Holdings (Bang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.