TTMZF (Datable Technology) Sloan Ratio %: 0.00% (As of Sep. 2023)

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What is Datable Technology Sloan Ratio %?

Datable Technology TTMZF -99.92% Sloan Ratio % is 0.00% as of Sep. 2023.

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.

Datable Technology's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, Datable Technology has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Datable Technology  (OTCPK:TTMZF) 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. 2023, Datable Technology has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Datable Technology Sloan Ratio % Related Terms


Datable Technology Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Datable Technology'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.

Datable Technology Sloan Ratio % Chart

Datable Technology Annual Data
Trend May13 May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.00 -161.61 -38.49 -40.35 -264.54

Datable Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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

TTMZF vs CRM, INTU, NOW: Sloan Ratio % Comparison

For the Software - Application subindustry, Datable Technology'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.


Datable Technology Sloan Ratio % vs Software Industry

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

* The bar in red indicates where Datable Technology's Sloan Ratio % falls into.



Datable Technology 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.

Datable Technology's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-3.315--1.503
--0.074)/0.657
=-264.54%

Datable Technology's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-1.969--0.75
--0.121)/0.503
=-218.29%

Datable Technology's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was -0.95 (Dec. 2022 ) + -0.381 (Mar. 2023 ) + -0.273 (Jun. 2023 ) + -0.365 (Sep. 2023 ) = $-1.97 Mil.
Datable Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -0.409 (Dec. 2022 ) + -0.11 (Mar. 2023 ) + -0.17 (Jun. 2023 ) + -0.061 (Sep. 2023 ) = $-0.75 Mil.
Datable Technology's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was -0.121 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = $-0.12 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?
Datable Technology (TTMZF) has a Sloan Ratio % of 0.00% as of Sep. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Datable Technology and its competitors.
Is Datable Technology's Sloan Ratio % too high?
Datable Technology's current Sloan Ratio % is 0.00%.
How does Datable Technology's Sloan Ratio % compare to CRM and INTU?
Datable Technology's Sloan Ratio % of 0.00% can be compared against companies in the Software 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 Software company?
A good Sloan Ratio % depends on the Software 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 Datable Technology and its competitors. Datable Technology'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 Datable Technology stock overvalued right now?
Datable Technology (TTMZF) 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 Datable Technology (TTMZF), the current Sloan Ratio % is 0.00% as of Sep. 2023. 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.

Datable Technology Business Description

Address 1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9
Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions.