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HAIVF (Haivision Systems) Sloan Ratio % : -4.67% (As of Jan. 2025)


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What is Haivision Systems 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.

Haivision Systems's Sloan Ratio for the quarter that ended in Jan. 2025 was -4.67%.

As of Jan. 2025, Haivision Systems has a Sloan Ratio of -4.67%, indicating the company is in the safe zone and there is no funny business with accruals.


Haivision Systems Sloan Ratio % Historical Data

The historical data trend for Haivision Systems'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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Haivision Systems Sloan Ratio % Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Sloan Ratio %
Get a 7-Day Free Trial -9.18 7.61 16.58 -9.50 -8.91

Haivision Systems Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -10.69 -8.58 -5.86 -9.02 -4.67

Competitive Comparison of Haivision Systems's Sloan Ratio %

For the Software - Infrastructure subindustry, Haivision Systems'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.


Haivision Systems's Sloan Ratio % Distribution in the Software Industry

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

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



Haivision Systems 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.

Haivision Systems's Sloan Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Sloan Ratio=(Net Income (A: Oct. 2024 )-Cash Flow from Operations (A: Oct. 2024 )
-Cash Flow from Investing (A: Oct. 2024 ))/Total Assets (A: Oct. 2024 )
=(3.416-14.167
--1.599)/102.722
=-8.91%

Haivision Systems's Sloan Ratio for the quarter that ended in Jan. 2025 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jan. 2025 )
=(1.742-8.041
--1.63)/99.984
=-4.67%

Haivision Systems's Net Income for the trailing twelve months (TTM) ended in Jan. 2025 was 0.682 (Apr. 2024 ) + 0.317 (Jul. 2024 ) + 1.493 (Oct. 2024 ) + -0.75 (Jan. 2025 ) = $1.74 Mil.
Haivision Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2025 was 0.326 (Apr. 2024 ) + 2.643 (Jul. 2024 ) + 5.52 (Oct. 2024 ) + -0.448 (Jan. 2025 ) = $8.04 Mil.
Haivision Systems's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2025 was -0.099 (Apr. 2024 ) + -0.367 (Jul. 2024 ) + -0.805 (Oct. 2024 ) + -0.359 (Jan. 2025 ) = $-1.63 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.


Haivision Systems  (OTCPK:HAIVF) 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 Jan. 2025, Haivision Systems has a Sloan Ratio of -4.67%, indicating the company is in the safe zone and there is no funny business with accruals.


Haivision Systems Sloan Ratio % Related Terms

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Haivision Systems Business Description

Traded in Other Exchanges
Address
2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.