SLDC (Solidus Communications) Sloan Ratio %: 985.57% (As of Nov. 2016)

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What is Solidus Communications Sloan Ratio %?

Solidus Communications SLDC +10.00% Sloan Ratio % is 985.57% as of Nov. 2016.

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.

Solidus Communications's Sloan Ratio for the quarter that ended in Nov. 2016 was 985.57%.

As of Nov. 2016, Solidus Communications has a Sloan Ratio of 985.57%, indicating earnings are more likely to be made up of accruals.


Solidus Communications  (OTCPK:SLDC) 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 Nov. 2016, Solidus Communications has a Sloan Ratio of 985.57%, indicating earnings are more likely to be made up of accruals.


Solidus Communications Sloan Ratio % Related Terms


Solidus Communications Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Sloan Ratio % Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -724.56 985.57

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -724.56 985.57

SLDC vs HMMR, DTGI, TMUS: Sloan Ratio % Comparison

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications Sloan Ratio % vs Telecommunication Services Industry

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

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



Solidus Communications 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.

Solidus Communications's Sloan Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Sloan Ratio=(Net Income (A: Nov. 2016 )-Cash Flow from Operations (A: Nov. 2016 )
-Cash Flow from Investing (A: Nov. 2016 ))/Total Assets (A: Nov. 2016 )
=(0.808--0.143
--0.005)/0.097
=985.57%

Solidus Communications's Sloan Ratio for the quarter that ended in Nov. 2016 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Nov. 2016 )
=(0.808--0.143
--0.005)/0.097
=985.57%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Solidus Communications's Net Income for the trailing twelve months (TTM) ended in Nov. 2016 was $0.81 Mil.
Solidus Communications's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2016 was $-0.14 Mil.
Solidus Communications's Cash Flow from Investing for the trailing twelve months (TTM) ended in Nov. 2016 was $-0.01 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 985.57% mean?
Solidus Communications (SLDC) has a Sloan Ratio % of 985.57% as of Nov. 2016. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Sloan Ratio % too high?
Solidus Communications' current Sloan Ratio % is 985.57%.
How does Solidus Communications' Sloan Ratio % compare to HMMR and DTGI?
Solidus Communications' Sloan Ratio % of 985.57% can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Sloan Ratio % depends on the Telecommunication 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 Solidus Communications and its competitors. Solidus Communications's current Sloan Ratio % is 985.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Sloan Ratio % of 985.57%. The current Sloan Ratio % is 985.57%. 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 Solidus Communications (SLDC), the current Sloan Ratio % is 985.57% as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.