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Dewey Electronics (Dewey Electronics) Sloan Ratio % : 0.00% (As of Mar. 2018)


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What is Dewey Electronics 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.

Dewey Electronics's Sloan Ratio for the quarter that ended in Mar. 2018 was 0.00%.

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


Dewey Electronics Sloan Ratio % Historical Data

The historical data trend for Dewey Electronics'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.

Dewey Electronics Sloan Ratio % Chart

Dewey Electronics Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 -4.47 4.83 0.26 -14.65

Dewey Electronics Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Dec17 Mar18
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 Dewey Electronics's Sloan Ratio %

For the Aerospace & Defense subindustry, Dewey Electronics'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.


Dewey Electronics's Sloan Ratio % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Dewey Electronics's Sloan Ratio % distribution charts can be found below:

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



Dewey Electronics 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.

Dewey Electronics's Sloan Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2016 )-Cash Flow from Operations (A: Jun. 2016 )
-Cash Flow from Investing (A: Jun. 2016 ))/Total Assets (A: Jun. 2016 )
=(0.116-0.712
--0.02)/3.932
=-14.65%

Dewey Electronics's Sloan Ratio for the quarter that ended in Mar. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2018 )
=(-0.142--0.353
--0.013)/3.642
=6.15%

Dewey Electronics's Net Income for the trailing twelve months (TTM) ended in Mar. 2018 was -0.192 (Dec. 2016 ) + -0.293 (Mar. 2017 ) + 0.058 (Dec. 2017 ) + 0.285 (Mar. 2018 ) = $-0.14 Mil.
Dewey Electronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2018 was -0.25 (Dec. 2016 ) + -0.139 (Mar. 2017 ) + 0 (Dec. 2017 ) + 0.036 (Mar. 2018 ) = $-0.35 Mil.
Dewey Electronics's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2018 was -0.013 (Dec. 2016 ) + 0 (Mar. 2017 ) + 0 (Dec. 2017 ) + 0 (Mar. 2018 ) = $-0.01 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.


Dewey Electronics  (OTCPK:DEWY) 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 Mar. 2018, Dewey Electronics has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Dewey Electronics Sloan Ratio % Related Terms

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Dewey Electronics (Dewey Electronics) Business Description

Traded in Other Exchanges
N/A
Address
27 Muller Road, Oakland, NJ, USA, 07436
Dewey Electronics Corp designs and manufactures compact diesel power generators, hybrid power systems, and vehicle auxiliary power units for military markets worldwide. The company has diversified its customer base for power products and non-power products. Its power products comprise man-portable generators, hybrid power generation systems, and vehicle auxiliary power units. The firm's non-power products offering includes rotameters, sea valves, hull liners, and transmitter.
Executives
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
James M Link director C/O TELEDYNE TECHNOLOGIES INC, 12333 W OLYMPIC BLVD, LOS ANGELES CA 90064
John B Rhodes director 74 FIFTH AVENUE, NEW YORK NY 10011

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