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Comarco (Comarco) Sloan Ratio % : 0.00% (As of Oct. 2017)


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What is Comarco 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.

Comarco's Sloan Ratio for the quarter that ended in Oct. 2017 was 0.00%.

As of Oct. 2017, Comarco has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Comarco Sloan Ratio % Historical Data

The historical data trend for Comarco'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.

Comarco Sloan Ratio % Chart

Comarco Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.83 -188.48 153.20 12.36 143.51

Comarco Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 Comarco's Sloan Ratio %

For the Communication Equipment subindustry, Comarco'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.


Comarco's Sloan Ratio % Distribution in the Hardware Industry

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

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



Comarco 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.

Comarco's Sloan Ratio for the fiscal year that ended in Jan. 2017 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2017 )-Cash Flow from Operations (A: Jan. 2017 )
-Cash Flow from Investing (A: Jan. 2017 ))/Total Assets (A: Jan. 2017 )
=(0.845--0.139
-0.077)/0.632
=143.51%

Comarco's Sloan Ratio for the quarter that ended in Oct. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Oct. 2017 )
=(-0.924--1.049
-0)/0.607
=20.59%

Comarco's Net Income for the trailing twelve months (TTM) ended in Oct. 2017 was -0.307 (Jan. 2017 ) + -0.222 (Apr. 2017 ) + -0.196 (Jul. 2017 ) + -0.199 (Oct. 2017 ) = $-0.92 Mil.
Comarco's Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2017 was -0.32 (Jan. 2017 ) + -0.241 (Apr. 2017 ) + -0.276 (Jul. 2017 ) + -0.212 (Oct. 2017 ) = $-1.05 Mil.
Comarco's Cash Flow from Investing for the trailing twelve months (TTM) ended in Oct. 2017 was 0 (Jan. 2017 ) + 0 (Apr. 2017 ) + 0 (Jul. 2017 ) + 0 (Oct. 2017 ) = $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.


Comarco  (OTCPK:CMRO) 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. 2017, Comarco has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Comarco Sloan Ratio % Related Terms

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Comarco (Comarco) Business Description

Traded in Other Exchanges
N/A
Address
28202 Cabot Road, Suite 300, Laguna Niguel, CA, USA, 92677
Comarco Inc through its subsidiaries is engaged in developing numerous technologies in the field of power adapters and chargers for portable mobile devices such as laptop computers, tablets smartphones and more. The company is focused on realizing value from its ongoing intellectual property enforcement actions and other litigation. In addition, it also explores for opportunities to expand, protect, and monetize its patent portfolio, through the sale or licensing of the patent portfolio.
Executives
Neal C Bradsher 10 percent owner
Broadwood Partners Lp 10 percent owner BROADWOOD CAPITAL INC., 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Broadwood Capital Inc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Lou Silverman director
Michael H. Mulroy director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92807
Alisha Charlton officer: VP, Chief Accounting Officer 25541 COMMERCENTRE DRIVE, LAKE FOREST CA 92630
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Robert J Majteles director
Van Der Kaay Erik director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Don M Bailey director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92607
Stadium Capital Partners L P other: former 10% owner 199 ELM STREET, NEW CANAAN CT 06840

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