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KonaTel (KonaTel) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is KonaTel 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.

KonaTel's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

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


KonaTel Sloan Ratio % Historical Data

The historical data trend for KonaTel'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.

KonaTel Sloan Ratio % Chart

KonaTel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.67 -10.96 10.86 -20.91 -

KonaTel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 KonaTel's Sloan Ratio %

For the Telecom Services subindustry, KonaTel'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.


KonaTel's Sloan Ratio % Distribution in the Telecommunication Services Industry

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

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



KonaTel 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.

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

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-3.941--1.792
-0)/4.81
=-44.68%

KonaTel's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-3.941--1.793
-0)/4.81
=-44.66%

KonaTel's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.915 (Mar. 2023 ) + -1.223 (Jun. 2023 ) + -0.113 (Sep. 2023 ) + -1.69 (Dec. 2023 ) = $-3.94 Mil.
KonaTel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.501 (Mar. 2023 ) + -0.884 (Jun. 2023 ) + 0.187 (Sep. 2023 ) + -0.595 (Dec. 2023 ) = $-1.79 Mil.
KonaTel's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) = $0.00 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.


KonaTel  (OTCPK:KTEL) 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 Dec. 2023, KonaTel has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


KonaTel Sloan Ratio % Related Terms

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KonaTel (KonaTel) Business Description

Traded in Other Exchanges
N/A
Address
500 N. Central Expressway, Suite 202, Plano, TX, USA, 75074
KonaTel Inc is a reseller of U.S. wireless network service. The company operates in two segments: Hosted Services and Mobile Services. The Hosted Services segment includes a suite of hosted CPaaS services, including SIP/VoIP services, SMS/MMS, BOT integration, NLP, ML, mobile numbers, toll-free numbers, DID landline numbers, SMS to Email, Database Dip, SD-WAN, wireless data services, voice termination, and numerous API driven services. The Mobile Services include retail and wholesale cellular voice/text/data services and mobile data (IoT). It generates maximum revenue from the Mobile Services segment.
Executives
Jason N. Welch officer: President of IM Telecom (Sub.) 135 LIBERTYVILLE ROAD, SUSSEX NJ 07461
Todd Murcer officer: EVP Finance and Secretary 9248 RAEFORD DRIVE, DALLAS TX 75243
Charles David Griffin officer: COO, President 2702 BLACK CANYON WAY, CASTLE ROCK CO 80109
David S Mcewen director, 10 percent owner, officer: Chairman, President and CEO 500 N. CENTRAL EXPRESSWAY, SUITE 202, PLANO TX 75074
Matthew Hugh Atkinson 10 percent owner, officer: Secretary P. O. BOX 947, CROSSLAKE MN 56442
Robert Matthew Beaty director 7960 S. FILLMORE CT., CENTENNIAL CO 80122
Kenneth Paul Lapier officer: Vice President, Secretary 8205 MUNICH DRIVE, ROWLETT TX 75089
Joshua Ploude 10 percent owner 728 CYPRESS AVE., HERMOSA BEACH CA 90254
Jeffrey Pearl director 35 WEST MAIN #6013, FRISCO CO 80443
Mark S Savage director, 10 percent owner, officer: President, CEO, Treasurer, CFO 13911 RIDGEDALE DRIVE, SUITE 375, MINNETONKA MN 55305
Terry Wain Addington director 376 S. SANDERLIN MOUNTAIN DR., 11774 BIG CANOE, JASPER GA 30143
Dennis Miller director 18930 JASMINE ROAD, MANKATO MN 56001
Brian R. Riffle officer: CFO 241 BENTWOOD AVENUE, JOHNSTOWN PA 15904
Daniel E. Ryweck director 712 VISTA BLVD #305, WACONIA MN 55387
Brunson Chandler & Jones Pllc 10 percent owner 175 SOUTH MAIN ST., SUITE 1500, SALT LAKE CITY UT 84111

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