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Geocode Co (TSE:7357) Sloan Ratio % : 0.00% (As of Aug. 2024)


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What is Geocode Co 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.

Geocode Co's Sloan Ratio for the quarter that ended in Aug. 2024 was 0.00%.

As of Aug. 2024, Geocode Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Geocode Co Sloan Ratio % Historical Data

The historical data trend for Geocode Co'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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Geocode Co Sloan Ratio % Chart

Geocode Co Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Sloan Ratio %
Get a 7-Day Free Trial -12.47 1.30 10.40 1.19 -0.21

Geocode Co Quarterly Data
Feb19 Feb20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - - -

Competitive Comparison of Geocode Co's Sloan Ratio %

For the Advertising Agencies subindustry, Geocode Co'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.


Geocode Co's Sloan Ratio % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Geocode Co's Sloan Ratio % falls into.


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Geocode Co 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.

Geocode Co's Sloan Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2024 )-Cash Flow from Operations (A: Feb. 2024 )
-Cash Flow from Investing (A: Feb. 2024 ))/Total Assets (A: Feb. 2024 )
=(14.212-26.182
--7.928)/1940.421
=-0.21%

Geocode Co's Sloan Ratio for the quarter that ended in Aug. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2024 )
=(27.709-0
-0)/1967.693
=1.41%

Geocode Co's Net Income for the trailing twelve months (TTM) ended in Aug. 2024 was 0.332 (Nov. 2023 ) + 21.738 (Feb. 2024 ) + -6.787 (May. 2024 ) + 12.426 (Aug. 2024 ) = 円28 Mil.
Geocode Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2024 was 0 (Nov. 2023 ) + 0 (Feb. 2024 ) + 0 (May. 2024 ) + 0 (Aug. 2024 ) = 円0 Mil.
Geocode Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2024 was 0 (Nov. 2023 ) + 0 (Feb. 2024 ) + 0 (May. 2024 ) + 0 (Aug. 2024 ) = 円0 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.


Geocode Co  (TSE:7357) 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 Aug. 2024, Geocode Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Geocode Co Sloan Ratio % Related Terms

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Geocode Co Business Description

Traded in Other Exchanges
N/A
Address
4-1-6 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Geocode Co Ltd is engaged in provision of web marketing services, and cloud services Next SFA and Next IC Card for business support. The company's services include search engine optimization service, listing advertisement operation agency, various DSP advertisement, SNS advertisement, website planning, production, consulting business, customer management tool Next SFA development, expense settlement tool Next IC card, among others.

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