SVAD (Silverton Adventures) Sloan Ratio %: 0.00% (As of Sep. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Silverton Adventures Sloan Ratio %?

Silverton Adventures SVAD Sloan Ratio % is 0.00% as of Sep. 2014.

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.

Silverton Adventures's Sloan Ratio for the quarter that ended in Sep. 2014 was 0.00%.

As of Sep. 2014, Silverton Adventures has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Silverton Adventures  (OTCPK:SVAD) 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. 2014, Silverton Adventures has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Silverton Adventures Sloan Ratio % Related Terms


Silverton Adventures Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Silverton Adventures'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.

Silverton Adventures Sloan Ratio % Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Sloan Ratio %
Get a 7-Day Free Trial -314.29 -61.31 -453.66 -11,486.36 -2,322.73

Silverton Adventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.00 0.00 0.00 0.00 0.00

SVAD vs STRG, BISA, BBOE: Sloan Ratio % Comparison

For the Advertising Agencies subindustry, Silverton Adventures'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.


Silverton Adventures Sloan Ratio % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silverton Adventures's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Silverton Adventures's Sloan Ratio % falls into.



Silverton Adventures 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.

Silverton Adventures's Sloan Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2014 )-Cash Flow from Operations (A: Jun. 2014 )
-Cash Flow from Investing (A: Jun. 2014 ))/Total Assets (A: Jun. 2014 )
=(-0.737--0.227
-0.001)/0.022
=-2,322.73%

Silverton Adventures's Sloan Ratio for the quarter that ended in Sep. 2014 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2014 )
=(-0.516--0.203
-0)/0.025
=-1,252.00%

Silverton Adventures's Net Income for the trailing twelve months (TTM) ended in Sep. 2014 was -0.199 (Dec. 2013 ) + -0.272 (Mar. 2014 ) + 0.004 (Jun. 2014 ) + -0.049 (Sep. 2014 ) = $-0.52 Mil.
Silverton Adventures's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was -0.103 (Dec. 2013 ) + -0.056 (Mar. 2014 ) + -0.031 (Jun. 2014 ) + -0.013 (Sep. 2014 ) = $-0.20 Mil.
Silverton Adventures's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2014 was 0 (Dec. 2013 ) + 0 (Mar. 2014 ) + 0 (Jun. 2014 ) + 0 (Sep. 2014 ) = $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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Silverton Adventures (SVAD) has a Sloan Ratio % of 0.00% as of Sep. 2014. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Silverton Adventures and its competitors.
Is Silverton Adventures' Sloan Ratio % too high?
Silverton Adventures' current Sloan Ratio % is 0.00%.
How does Silverton Adventures' Sloan Ratio % compare to STRG and BISA?
Silverton Adventures' Sloan Ratio % of 0.00% can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Sloan Ratio % depends on the Media - Diversified 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 Silverton Adventures and its competitors. Silverton Adventures's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silverton Adventures stock overvalued right now?
Silverton Adventures (SVAD) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. 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 Silverton Adventures (SVAD), the current Sloan Ratio % is 0.00% as of Sep. 2014. 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.

Silverton Adventures Business Description

Address 31 Hung To Road, Room 1302, 13th Floor, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG, 999077
Silverton Adventures Inc is engaged in the business of online e-commerce and off-line commerce, promotion, and marketing services business. The company is able to launch both online e-commerce and offline commerce together with providing promotion and marketing advisory activities using the ecFish brand, website, and its social media, and offline special events such as designing seasonal promotions campaigns during sales seasons and other special occasions.