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Pacific Software (Pacific Software) Sloan Ratio % : 0.00% (As of Jun. 2013)


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What is Pacific Software 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.

Pacific Software's Sloan Ratio for the quarter that ended in Jun. 2013 was 0.00%.

As of Jun. 2013, Pacific Software has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Pacific Software Sloan Ratio % Historical Data

The historical data trend for Pacific Software'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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Pacific Software Sloan Ratio % Chart

Pacific Software Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Sloan Ratio %
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Pacific Software Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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Competitive Comparison of Pacific Software's Sloan Ratio %

For the Restaurants subindustry, Pacific Software'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.


Pacific Software's Sloan Ratio % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pacific Software's Sloan Ratio % distribution charts can be found below:

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



Pacific Software 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.

Pacific Software's Sloan Ratio for the fiscal year that ended in Sep. 2012 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2012 )-Cash Flow from Operations (A: Sep. 2012 )
-Cash Flow from Investing (A: Sep. 2012 ))/Total Assets (A: Sep. 2012 )
=(-0.052--0.034
-0)/0
=%

Pacific Software's Sloan Ratio for the quarter that ended in Jun. 2013 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2013 )
=(-0.078--0.034
-0)/0.592
=-7.43%

Pacific Software's Net Income for the trailing twelve months (TTM) ended in Jun. 2013 was -0.015 (Sep. 2012 ) + -0.017 (Dec. 2012 ) + -0.02 (Mar. 2013 ) + -0.026 (Jun. 2013 ) = $-0.08 Mil.
Pacific Software's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2013 was -0.01 (Sep. 2012 ) + -0.012 (Dec. 2012 ) + -0.009 (Mar. 2013 ) + -0.003 (Jun. 2013 ) = $-0.03 Mil.
Pacific Software's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2013 was 0 (Sep. 2012 ) + 0 (Dec. 2012 ) + 0 (Mar. 2013 ) + 0 (Jun. 2013 ) = $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.


Pacific Software  (OTCPK:PFSF) 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. 2013, Pacific Software has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Pacific Software Sloan Ratio % Related Terms

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Pacific Software (Pacific Software) Business Description

Traded in Other Exchanges
N/A
Address
431 South West Heath Street, McMinnville, OR, USA, 97128
Pacific Software Inc is focusing on the accumulation of both small and medium-sized fast casual and casual restaurants throughout the East Coast.

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