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Sigmabroadband Co (Sigmabroadband Co) Sloan Ratio % : 0.00% (As of Jun. 2018)


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What is Sigmabroadband Co 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.

Sigmabroadband Co's Sloan Ratio for the quarter that ended in Jun. 2018 was 0.00%.

As of Jun. 2018, Sigmabroadband Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Sigmabroadband Co Sloan Ratio % Historical Data

The historical data trend for Sigmabroadband Co'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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Sigmabroadband Co Sloan Ratio % Chart

Sigmabroadband Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Sloan Ratio %
- - - -

Sigmabroadband Co Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Mar18 Jun18
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Competitive Comparison of Sigmabroadband Co's Sloan Ratio %

For the Telecom Services subindustry, Sigmabroadband Co'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.


Sigmabroadband Co's Sloan Ratio % Distribution in the Telecommunication Services Industry

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

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



Sigmabroadband Co 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.

Sigmabroadband Co's Sloan Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2016 )-Cash Flow from Operations (A: Dec. 2016 )
-Cash Flow from Investing (A: Dec. 2016 ))/Total Assets (A: Dec. 2016 )
=(-0.129--0.02
-0)/0
=%

Sigmabroadband Co's Sloan Ratio for the quarter that ended in Jun. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2018 )
=(-0.059-10.421
-0)/0.001
=-1,048,000.00%

Sigmabroadband Co's Net Income for the trailing twelve months (TTM) ended in Jun. 2018 was -0.023 (Mar. 2017 ) + -0.028 (Jun. 2017 ) + 0 (Mar. 2018 ) + -0.008 (Jun. 2018 ) = $-0.06 Mil.
Sigmabroadband Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2018 was -0.002 (Mar. 2017 ) + -0.002 (Jun. 2017 ) + 10.431 (Mar. 2018 ) + -0.006 (Jun. 2018 ) = $10.42 Mil.
Sigmabroadband Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2018 was 0 (Mar. 2017 ) + 0 (Jun. 2017 ) + 0 (Mar. 2018 ) + 0 (Jun. 2018 ) = $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.


Sigmabroadband Co  (OTCPK:SGRB) 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. 2018, Sigmabroadband Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Sigmabroadband Co (Sigmabroadband Co) Business Description

Traded in Other Exchanges
N/A
Address
2690 Cobb Parkway, Suite A5-284, Smyrna, GA, USA, 30080
Sigmabroadband Co is engaged in the business of providing voice, data, and digital video as a triple play bundled service to rural markets in the United States of America. The company will offer their customers traditional cable video programming, Internet services, telephone services and IPtv as well as video services such as on-demand, high definition television and digital video recorder service.

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