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Beamz Interactive (Beamz Interactive) Sloan Ratio % : 0.00% (As of Dec. 2014)


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What is Beamz Interactive 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.

Beamz Interactive's Sloan Ratio for the quarter that ended in Dec. 2014 was 0.00%.

As of Dec. 2014, Beamz Interactive has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Beamz Interactive Sloan Ratio % Historical Data

The historical data trend for Beamz Interactive'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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Beamz Interactive Sloan Ratio % Chart

Beamz Interactive Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Sloan Ratio %
-156.78 - - -920.11

Beamz Interactive Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 Beamz Interactive's Sloan Ratio %

For the Consumer Electronics subindustry, Beamz Interactive'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.


Beamz Interactive's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beamz Interactive's Sloan Ratio % distribution charts can be found below:

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



Beamz Interactive 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.

Beamz Interactive's Sloan Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2014 )-Cash Flow from Operations (A: Jun. 2014 )
-Cash Flow from Investing (A: Jun. 2014 ))/Total Assets (A: Jun. 2014 )
=(-6.14--1.012
--0.095)/0.547
=-920.11%

Beamz Interactive's Sloan Ratio for the quarter that ended in Dec. 2014 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2014 )
=(-3.994--0.812
--0.001)/0.537
=-592.36%

Beamz Interactive's Net Income for the trailing twelve months (TTM) ended in Dec. 2014 was -1.159 (Mar. 2014 ) + -1.204 (Jun. 2014 ) + -0.774 (Sep. 2014 ) + -0.857 (Dec. 2014 ) = $-3.99 Mil.
Beamz Interactive's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2014 was -1.548 (Mar. 2014 ) + 1.666 (Jun. 2014 ) + -0.524 (Sep. 2014 ) + -0.406 (Dec. 2014 ) = $-0.81 Mil.
Beamz Interactive's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2014 was 0 (Mar. 2014 ) + 0 (Jun. 2014 ) + 0 (Sep. 2014 ) + -0.001 (Dec. 2014 ) = $-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.


Beamz Interactive  (OTCPK:BZIC) 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. 2014, Beamz Interactive has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Beamz Interactive (Beamz Interactive) Business Description

Traded in Other Exchanges
N/A
Address
15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.

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