GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hypebeast Ltd (OTCPK:HYPPF) » Definitions » Sloan Ratio %

Hypebeast (Hypebeast) Sloan Ratio % : 7.05% (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Hypebeast 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.

Hypebeast's Sloan Ratio for the quarter that ended in Sep. 2023 was 7.05%.

As of Sep. 2023, Hypebeast has a Sloan Ratio of 7.05%, indicating the company is in the safe zone and there is no funny business with accruals.


Hypebeast Sloan Ratio % Historical Data

The historical data trend for Hypebeast'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.

Hypebeast Sloan Ratio % Chart

Hypebeast Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.76 9.46 -19.41 1.60 9.21

Hypebeast Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -2.11 1.62 -0.42 9.21 7.05

Competitive Comparison of Hypebeast's Sloan Ratio %

For the Internet Content & Information subindustry, Hypebeast'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.


Hypebeast's Sloan Ratio % Distribution in the Interactive Media Industry

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

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



Hypebeast 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.

Hypebeast's Sloan Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2023 )-Cash Flow from Operations (A: Mar. 2023 )
-Cash Flow from Investing (A: Mar. 2023 ))/Total Assets (A: Mar. 2023 )
=(-0.646--8.341
-0.155)/81.842
=9.21%

Hypebeast's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(6.322--0.069
-1.063)/75.532
=7.05%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Hypebeast's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 7.597 (Mar. 2023 ) + -1.275 (Sep. 2023 ) = $6.3 Mil.
Hypebeast's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -0.464 (Mar. 2023 ) + 0.395 (Sep. 2023 ) = $-0.1 Mil.
Hypebeast's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0.667 (Mar. 2023 ) + 0.396 (Sep. 2023 ) = $1.1 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.


Hypebeast  (OTCPK:HYPPF) 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 Sep. 2023, Hypebeast has a Sloan Ratio of 7.05%, indicating the company is in the safe zone and there is no funny business with accruals.


Hypebeast Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Hypebeast's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hypebeast (Hypebeast) Business Description

Traded in Other Exchanges
Address
No. 9 Hoi Shing Road, Tsuen Wan, 40th Floor, Cable TV Tower, New Territories, Hong Kong, HKG
Hypebeast Ltd is an investment holding company. The company's operating segment includes Digital media and E-commerce & Retail Segment. It generates maximum revenue from Digital media. The digital media segment is engaged in the provision of advertising spaces, provision of services for creative agency projects and publication of magazines. The E-commerce segment is involved in the operation of an online retail platform for the sale of third-party branded clothing, shoes and accessories, and commission fee from consignment sales. Geographically, it has a presence in the United States; Hong Kong; China, and Other Countries.