GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coin Hodl Inc (GREY:SMURF) » Definitions » Sloan Ratio %

Coin Hodl (Coin Hodl) Sloan Ratio % : 0.00% (As of Dec. 2020)


View and export this data going back to . Start your Free Trial

What is Coin Hodl 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.

Coin Hodl's Sloan Ratio for the quarter that ended in Dec. 2020 was 0.00%.

As of Dec. 2020, Coin Hodl has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Coin Hodl Sloan Ratio % Historical Data

The historical data trend for Coin Hodl'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.

* Premium members only.

Coin Hodl Sloan Ratio % Chart

Coin Hodl Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 - 46.63 -24.63 -

Coin Hodl Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Coin Hodl's Sloan Ratio %

For the Capital Markets subindustry, Coin Hodl'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.


Coin Hodl's Sloan Ratio % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Hodl's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Coin Hodl's Sloan Ratio % falls into.



Coin Hodl 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.

Coin Hodl'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 )
=(2.266--0.155
-0)/4.957
=48.84%

Coin Hodl's Sloan Ratio for the quarter that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2020 )
=(2.271--0.149
-0)/4.957
=48.82%

Coin Hodl's Net Income for the trailing twelve months (TTM) ended in Dec. 2020 was -0.005 (Mar. 2020 ) + -0.059 (Jun. 2020 ) + -0.033 (Sep. 2020 ) + 2.368 (Dec. 2020 ) = $2.27 Mil.
Coin Hodl's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2020 was 0.001 (Mar. 2020 ) + -0.089 (Jun. 2020 ) + -0.03 (Sep. 2020 ) + -0.031 (Dec. 2020 ) = $-0.15 Mil.
Coin Hodl's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2020 was 0 (Mar. 2020 ) + 0 (Jun. 2020 ) + 0 (Sep. 2020 ) + 0 (Dec. 2020 ) = $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.


Coin Hodl  (GREY:SMURF) 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 Dec. 2020, Coin Hodl has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Coin Hodl Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Coin Hodl's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Coin Hodl (Coin Hodl) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Suite 200, Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Coin Hodl Inc operates as a merchant banking and financial advisory company focused on the small-cap market, with investments in cryptocurrency and blockchain sectors.

Coin Hodl (Coin Hodl) Headlines

From GuruFocus

Q4 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q3 2022 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Tokens.com Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-28-2024

Q2 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q1 2022 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q3 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q1 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024