MDVLQ (MedAvail Holdings) Sloan Ratio %: -46.32% (As of Jun. 2023)

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MDVLQ MedAvail Holdings Inc MDVLQ
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What is MedAvail Holdings Sloan Ratio %?

MedAvail Holdings MDVLQ 12 Sloan Ratio % is -46.32% as of Jun. 2023. GuruFocus rates MDVLQ with a GF Score™ of 12/100.

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.

MedAvail Holdings's Sloan Ratio for the quarter that ended in Jun. 2023 was -46.32%.

As of Jun. 2023, MedAvail Holdings has a Sloan Ratio of -46.32%, indicating there is a warning stage of accrual build up.


MedAvail Holdings  (OTCPK:MDVLQ) 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 Jun. 2023, MedAvail Holdings has a Sloan Ratio of -46.32%, indicating there is a warning stage of accrual build up.


MedAvail Holdings Sloan Ratio % Related Terms


MedAvail Holdings Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for MedAvail Holdings'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.

MedAvail Holdings Sloan Ratio % Chart

MedAvail Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
-8.80 3.81 5.29 7.01

MedAvail Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 12.69 10.83 7.01 -30.45 -46.32

MDVLQ vs HEWA, BIMI, MEDS: Sloan Ratio % Comparison

For the Pharmaceutical Retailers subindustry, MedAvail Holdings'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.


MedAvail Holdings Sloan Ratio % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MedAvail Holdings's Sloan Ratio % distribution charts can be found below:

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


MDVLQ
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MedAvail Holdings Inc MDVLQ
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MedAvail Holdings 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.

MedAvail Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-47.616--47.664
--2.274)/33.132
=7.01%

MedAvail Holdings's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(-45.997--31.539
--0.606)/29.908
=-46.32%

MedAvail Holdings's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was -11.806 (Sep. 2022 ) + -11.07 (Dec. 2022 ) + -17.33 (Mar. 2023 ) + -5.791 (Jun. 2023 ) = $-46.00 Mil.
MedAvail Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -11.569 (Sep. 2022 ) + -10.381 (Dec. 2022 ) + -5.21 (Mar. 2023 ) + -4.379 (Jun. 2023 ) = $-31.54 Mil.
MedAvail Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was -0.171 (Sep. 2022 ) + -0.377 (Dec. 2022 ) + -0.017 (Mar. 2023 ) + -0.041 (Jun. 2023 ) = $-0.61 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of -46.32% mean?
MedAvail Holdings (MDVLQ) has a Sloan Ratio % of -46.32% as of Jun. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on MedAvail Holdings and its competitors.
Is MedAvail Holdings' Sloan Ratio % too high?
MedAvail Holdings' current Sloan Ratio % is -46.32%. Overall, MedAvail Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does MedAvail Holdings' Sloan Ratio % compare to HEWA and BIMI?
MedAvail Holdings' Sloan Ratio % of -46.32% can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Healthcare Providers & Services company?
A good Sloan Ratio % depends on the Healthcare Providers & Services industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on MedAvail Holdings and its competitors. MedAvail Holdings's current Sloan Ratio % is -46.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedAvail Holdings stock overvalued right now?
MedAvail Holdings (MDVLQ) has a current Sloan Ratio % of -46.32%. The current Sloan Ratio % is -46.32%. MedAvail Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For MedAvail Holdings (MDVLQ), the current Sloan Ratio % is -46.32% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MedAvail Holdings Business Description

Address 4720 East Cotton Gin Loop, Suite 220, Phoenix, AZ, USA, 85040
MedAvail Holdings Inc is a telehealth-enabled pharmacy technology company. It operates in two segments: Retail Pharmacy Services and Pharmacy Technology. It generates the majority of revenue from the Retail Pharmacy Services segment, which is into operating SpotRx, a full-service retail pharmacy utilizing MedAvail's automated pharmacy technology, servicing Medicare patients in the United States. The Pharmacy Technology segment develops and commercializes the MedCenter for direct sale or lease to third-party customers.
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