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Stealth Technologies (Stealth Technologies) Sloan Ratio % : 0.00% (As of Sep. 2019)


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What is Stealth Technologies 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.

Stealth Technologies's Sloan Ratio for the quarter that ended in Sep. 2019 was 0.00%.

As of Sep. 2019, Stealth Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Stealth Technologies Sloan Ratio % Historical Data

The historical data trend for Stealth Technologies'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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Stealth Technologies Sloan Ratio % Chart

Stealth Technologies Annual Data
Trend Jun11 Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Sloan Ratio %
Get a 7-Day Free Trial - - -21.31 - -176.61

Stealth Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 Stealth Technologies's Sloan Ratio %

For the Software - Application subindustry, Stealth Technologies'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.


Stealth Technologies's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Stealth Technologies's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Stealth Technologies's Sloan Ratio % falls into.



Stealth Technologies 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.

Stealth Technologies's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-1.501--0.498
--0.014)/0.56
=-176.61%

Stealth Technologies's Sloan Ratio for the quarter that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2019 )
=(-6.55--0.493
--0.004)/0.082
=-7,381.71%

Stealth Technologies's Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was -1.124 (Dec. 2018 ) + -0.588 (Mar. 2019 ) + -4.422 (Jun. 2019 ) + -0.416 (Sep. 2019 ) = $-6.55 Mil.
Stealth Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2019 was -0.162 (Dec. 2018 ) + -0.077 (Mar. 2019 ) + -0.065 (Jun. 2019 ) + -0.189 (Sep. 2019 ) = $-0.49 Mil.
Stealth Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2019 was -0.004 (Dec. 2018 ) + 0 (Mar. 2019 ) + 0 (Jun. 2019 ) + 0 (Sep. 2019 ) = $-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.


Stealth Technologies  (GREY:STTH) 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. 2019, Stealth Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Stealth Technologies Sloan Ratio % Related Terms

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Stealth Technologies (Stealth Technologies) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 470, Largo, FL, USA, 33770
Stealth Technologies Inc engages in identifying and capitalizing on emerging technology with a focus on product development and sales in the security and personal protection industry. Its product Stealth Card is designed to protect the EMV chip in a consumer's credit card from 'electronic pickpocketing' that uses a smartphone, credit card reader, or RFID antenna to remotely access data stored on the consumer's EMV Smartchip. It operates through the following brands: 911 Help Now, Squeezee, Data Secure, Ezee, Zeus, and My Safe Identity.
Executives
Jimmy Wayne Anderson 10 percent owner 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Ted Korin 10 percent owner 800 WOODBURY ROAD SUITE H WOODBURY NY 11797
Michelle Pannoni officer: Secretary/Treasurer 801 WEST BAY DRIVE #495 LARGO FL 33770
Brian Mcfadden officer: CEO/President 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767

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