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Infinity Stone Ventures (Infinity Stone Ventures) Sloan Ratio % : 0.00% (As of May. 2023)


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What is Infinity Stone Ventures 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.

Infinity Stone Ventures's Sloan Ratio for the quarter that ended in May. 2023 was 0.00%.

As of May. 2023, Infinity Stone Ventures has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Infinity Stone Ventures Sloan Ratio % Historical Data

The historical data trend for Infinity Stone Ventures'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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Infinity Stone Ventures Sloan Ratio % Chart

Infinity Stone Ventures Annual Data
Trend Aug21 Aug22
Sloan Ratio %
-7,522.43 -113.51

Infinity Stone Ventures Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Infinity Stone Ventures's Sloan Ratio %

For the Software - Application subindustry, Infinity Stone Ventures'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.


Infinity Stone Ventures's Sloan Ratio % Distribution in the Software Industry

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

* The bar in red indicates where Infinity Stone Ventures's Sloan Ratio % falls into.



Infinity Stone Ventures 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.

Infinity Stone Ventures's Sloan Ratio for the fiscal year that ended in Aug. 2022 is calculated as

Sloan Ratio=(Net Income (A: Aug. 2022 )-Cash Flow from Operations (A: Aug. 2022 )
-Cash Flow from Investing (A: Aug. 2022 ))/Total Assets (A: Aug. 2022 )
=(-3.175--0.983
--0.142)/1.806
=-113.51%

Infinity Stone Ventures's Sloan Ratio for the quarter that ended in May. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: May. 2023 )
=(-1.312--2.088
--0.725)/2.761
=54.36%

Infinity Stone Ventures's Net Income for the trailing twelve months (TTM) ended in May. 2023 was -1.236 (Aug. 2022 ) + -1.198 (Nov. 2022 ) + 1.202 (Feb. 2023 ) + -0.08 (May. 2023 ) = $-1.31 Mil.
Infinity Stone Ventures's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2023 was -0.42 (Aug. 2022 ) + -1.014 (Nov. 2022 ) + -0.538 (Feb. 2023 ) + -0.116 (May. 2023 ) = $-2.09 Mil.
Infinity Stone Ventures's Cash Flow from Investing for the trailing twelve months (TTM) ended in May. 2023 was 0 (Aug. 2022 ) + -0.208 (Nov. 2022 ) + -0.468 (Feb. 2023 ) + -0.049 (May. 2023 ) = $-0.73 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.


Infinity Stone Ventures  (OTCPK:GEMSF) 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 May. 2023, Infinity Stone Ventures 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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Infinity Stone Ventures (Infinity Stone Ventures) Business Description

Traded in Other Exchanges
Address
750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).