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Premier Products Group (Premier Products Group) Sloan Ratio % : 0.00% (As of Sep. 2021)


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What is Premier Products Group 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.

Premier Products Group's Sloan Ratio for the quarter that ended in Sep. 2021 was 0.00%.

As of Sep. 2021, Premier Products Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Premier Products Group Sloan Ratio % Historical Data

The historical data trend for Premier Products Group'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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Premier Products Group Sloan Ratio % Chart

Premier Products Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
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Premier Products Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Premier Products Group's Sloan Ratio %

For the Shell Companies subindustry, Premier Products Group'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.


Premier Products Group's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Premier Products Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Premier Products Group's Sloan Ratio % falls into.



Premier Products Group 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.

Premier Products Group's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-1.277--0.032
-0)/0
=%

Premier Products Group's Sloan Ratio for the quarter that ended in Sep. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2021 )
=(-0.054--0.095
--0.25)/0.254
=114.57%

Premier Products Group's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was -1.254 (Dec. 2020 ) + 0.137 (Mar. 2021 ) + 1.096 (Jun. 2021 ) + -0.033 (Sep. 2021 ) = $-0.05 Mil.
Premier Products Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was 0 (Dec. 2020 ) + -0.054 (Mar. 2021 ) + -0.008 (Jun. 2021 ) + -0.033 (Sep. 2021 ) = $-0.10 Mil.
Premier Products Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was 0 (Dec. 2020 ) + -0.105 (Mar. 2021 ) + -0.145 (Jun. 2021 ) + 0 (Sep. 2021 ) = $-0.25 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.


Premier Products Group  (OTCPK:PMPG) 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. 2021, Premier Products Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Premier Products Group Sloan Ratio % Related Terms

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Premier Products Group (Premier Products Group) Business Description

Traded in Other Exchanges
N/A
Address
6303 Owensmouth Avenue, Suite 1058, Woodland Hills, CA, USA, 91367
Premier Products Group Inc is a development stage company looking for a merger.
Executives
William M Wright director, officer: Chief Financaial Officer 3256 CHICO WAY NW BREMERTON WA 98312
Richard Michael Johnson director, officer: Chief Executive Officer 10777 WESTHEIMER RD SUITE 1100 HOUSTON TX 77042
Capital Managment Coron 10 percent owner 2 SHARON LANE SCARSDALE NY 10583
Andrew I Telsey director, officer: CEO/President/Secretary/Treas. 6198 SOUTH MOLINE COURT, ENGLEWOOD CO 80111
John Michael Coombs director, officer: President, CEO, CFO, Sec/Trea 2435 SCENIC DRIVE SALT LAKE CITY UT 84109
North Beck Joint Venture Llc 10 percent owner 2435 SCENIC DRIVE SALT LAKE CITY UT 84109