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.
The Marquie Group's Sloan Ratio for the quarter that ended in Nov. 2024 was 0.00%.
As of Nov. 2024, The Marquie Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
The Marquie Group Sloan Ratio % Historical Data
The historical data trend for The Marquie Group'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.
Competitive Comparison of The Marquie Group's Sloan Ratio %
For the Broadcasting subindustry, The Marquie Group'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.
The Marquie Group's Sloan Ratio % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The Marquie Group's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where The Marquie Group's Sloan Ratio % falls into.
The Marquie Group 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.
The Marquie Group's Sloan Ratio for the fiscal year that ended in May. 2024 is calculated as
The Marquie Group's Net Income for the trailing twelve months (TTM) ended in Nov. 2024 was -0.459 (Feb. 2024 ) + 0.075 (May. 2024 ) + -0.205 (Aug. 2024 ) + -0.155 (Nov. 2024 ) = $-0.74 Mil.
The Marquie Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2024 was -0.071 (Feb. 2024 ) + 0.014 (May. 2024 ) + -0.001 (Aug. 2024 ) + -0.001 (Nov. 2024 ) = $-0.06 Mil.
The Marquie Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Nov. 2024 was 0 (Feb. 2024 ) + 0 (May. 2024 ) + 0 (Aug. 2024 ) + 0 (Nov. 2024 ) = $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.
The Marquie Group (OTCPK:TMGI) 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.
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. 2024, The Marquie Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
The Marquie Group Sloan Ratio % Related Terms
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The Marquie Group Inc. is a United States-based direct-to-consumer company specializing in marketing, product development, and media, including a dynamic radio and digital network. It operates two segments: includes Broadcast of a nationally syndicated radio network called Music of Life, broadcast on AM, FM, and HD terrestrial radio stations across the United States, and heard around the world over the Internet; and a direct-to-consumer, and other segment is Health and Beauty product line called Whim, that includes a regime of face care products and other beauty products. Revenues are generated from spot sales, digital sales, and subscription-based sales from live radio programming through radio stations.
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