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Citadel EFT (Citadel EFT) Sloan Ratio % : 0.00% (As of Dec. 2013)


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What is Citadel EFT 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.

Citadel EFT's Sloan Ratio for the quarter that ended in Dec. 2013 was 0.00%.

As of Dec. 2013, Citadel EFT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Citadel EFT Sloan Ratio % Historical Data

The historical data trend for Citadel EFT'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.

Citadel EFT Sloan Ratio % Chart

Citadel EFT Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Sloan Ratio %
- - - -505.35

Citadel EFT Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - - - - -

Competitive Comparison of Citadel EFT's Sloan Ratio %

For the Software - Infrastructure subindustry, Citadel EFT'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.


Citadel EFT's Sloan Ratio % Distribution in the Software Industry

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

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



Citadel EFT 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.

Citadel EFT's Sloan Ratio for the fiscal year that ended in Sep. 2013 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2013 )-Cash Flow from Operations (A: Sep. 2013 )
-Cash Flow from Investing (A: Sep. 2013 ))/Total Assets (A: Sep. 2013 )
=(-15.022-0.249
-0.021)/3.026
=-505.35%

Citadel EFT's Sloan Ratio for the quarter that ended in Dec. 2013 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2013 )
=(-43.778-0.251
-0.021)/3.034
=-1,451.88%

Citadel EFT's Net Income for the trailing twelve months (TTM) ended in Dec. 2013 was 0.001 (Mar. 2013 ) + 0.149 (Jun. 2013 ) + -14.875 (Sep. 2013 ) + -29.053 (Dec. 2013 ) = $-43.78 Mil.
Citadel EFT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2013 was 0.035 (Mar. 2013 ) + 0.091 (Jun. 2013 ) + 0.056 (Sep. 2013 ) + 0.069 (Dec. 2013 ) = $0.25 Mil.
Citadel EFT's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2013 was -0.001 (Mar. 2013 ) + 0.009 (Jun. 2013 ) + 0.013 (Sep. 2013 ) + 0 (Dec. 2013 ) = $0.02 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.


Citadel EFT  (GREY:CDFT) 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. 2013, Citadel EFT has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Citadel EFT Sloan Ratio % Related Terms

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Citadel EFT (Citadel EFT) Business Description

Traded in Other Exchanges
N/A
Address
825 College Boulevard, Suite 102-328, Oceanside, CA, USA, 92057
Citadel EFT Inc provides credit card terminals and merchant account services to retailers. It's business is the processing of credit card payments ("Merchant Services").

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