CVTV (China VTV) Sloan Ratio %: 0.00% (As of Aug. 2020)

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What is China VTV Sloan Ratio %?

China VTV CVTV Sloan Ratio % is 0.00% as of Aug. 2020.

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.

China VTV's Sloan Ratio for the quarter that ended in Aug. 2020 was 0.00%.

As of Aug. 2020, China VTV has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


China VTV  (OTCPK:CVTV) 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 Aug. 2020, China VTV has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


China VTV Sloan Ratio % Related Terms


China VTV Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Sloan Ratio % Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Sloan Ratio %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -1.88

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.00 0.00 0.00 0.00 0.00

CVTV vs REBL, CSSE, RLJE: Sloan Ratio % Comparison

For the Internet Content & Information subindustry, China VTV'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.


China VTV Sloan Ratio % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's Sloan Ratio % distribution charts can be found below:

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



China VTV 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.

China VTV's Sloan Ratio for the fiscal year that ended in Feb. 2020 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2020 )-Cash Flow from Operations (A: Feb. 2020 )
-Cash Flow from Investing (A: Feb. 2020 ))/Total Assets (A: Feb. 2020 )
=(-1.508--0.472
--0.078)/50.839
=-1.88%

China VTV's Sloan Ratio for the quarter that ended in Aug. 2020 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2020 )
=(-0.376--2.271
-2.964)/52.698
=-2.03%

China VTV's Net Income for the trailing twelve months (TTM) ended in Aug. 2020 was -4.429 (Nov. 2019 ) + 3.139 (Feb. 2020 ) + 0.779 (May. 2020 ) + 0.135 (Aug. 2020 ) = $-0.38 Mil.
China VTV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2020 was 0.232 (Nov. 2019 ) + -0.57 (Feb. 2020 ) + 0.687 (May. 2020 ) + -2.62 (Aug. 2020 ) = $-2.27 Mil.
China VTV's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2020 was 0 (Nov. 2019 ) + 0 (Feb. 2020 ) + 0.801 (May. 2020 ) + 2.163 (Aug. 2020 ) = $2.96 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
China VTV (CVTV) has a Sloan Ratio % of 0.00% as of Aug. 2020. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on China VTV and its competitors.
Is China VTV's Sloan Ratio % too high?
China VTV's current Sloan Ratio % is 0.00%.
How does China VTV's Sloan Ratio % compare to REBL and CSSE?
China VTV's Sloan Ratio % of 0.00% can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Interactive Media company?
A good Sloan Ratio % depends on the Interactive Media industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on China VTV and its competitors. China VTV's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For China VTV (CVTV), the current Sloan Ratio % is 0.00% as of Aug. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.