UMAX (Umax Group) Sloan Ratio %: -1,409.52% (As of Apr. 2018)

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What is Umax Group Sloan Ratio %?

Umax Group UMAX Sloan Ratio % is -1,409.52% as of Apr. 2018.

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.

Umax Group's Sloan Ratio for the quarter that ended in Apr. 2018 was -1,409.52%.

As of Apr. 2018, Umax Group has a Sloan Ratio of -1,409.52%, indicating earnings are more likely to be made up of accruals.


Umax Group  (OTCPK:UMAX) 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 Apr. 2018, Umax Group has a Sloan Ratio of -1,409.52%, indicating earnings are more likely to be made up of accruals.


Umax Group Sloan Ratio % Related Terms


Umax Group Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Umax 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.

Umax Group Sloan Ratio % Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Sloan Ratio %
0.00 0.00 -40.00 -1,409.52

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Sloan Ratio % 0.00 0.00 -40.00 -1,409.52

UMAX vs CSSEQ, NFLX, DIS: Sloan Ratio % Comparison

For the Entertainment subindustry, Umax 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.


Umax Group Sloan Ratio % vs Media - Diversified Industry

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

* The bar in red indicates where Umax Group's Sloan Ratio % falls into.



Umax 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.

Umax Group's Sloan Ratio for the fiscal year that ended in Apr. 2018 is calculated as

Sloan Ratio=(Net Income (A: Apr. 2018 )-Cash Flow from Operations (A: Apr. 2018 )
-Cash Flow from Investing (A: Apr. 2018 ))/Total Assets (A: Apr. 2018 )
=(-0.319--0.317
-0.294)/0.021
=-1,409.52%

Umax Group's Sloan Ratio for the quarter that ended in Apr. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Apr. 2018 )
=(-0.319--0.317
-0.294)/0.021
=-1,409.52%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Umax Group's Net Income for the trailing twelve months (TTM) ended in Apr. 2018 was $-0.32 Mil.
Umax Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2018 was $-0.32 Mil.
Umax Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2018 was $0.29 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 -1,409.52% mean?
Umax Group (UMAX) has a Sloan Ratio % of -1,409.52% as of Apr. 2018. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Umax Group and its competitors.
Is Umax Group's Sloan Ratio % too high?
Umax Group's current Sloan Ratio % is -1,409.52%.
How does Umax Group's Sloan Ratio % compare to CSSEQ and NFLX?
Umax Group's Sloan Ratio % of -1,409.52% 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 Umax Group and its competitors. Umax Group's current Sloan Ratio % is -1,409.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umax Group stock overvalued right now?
Umax Group (UMAX) has a current Sloan Ratio % of -1,409.52%. The current Sloan Ratio % is -1,409.52%. 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 Umax Group (UMAX), the current Sloan Ratio % is -1,409.52% as of Apr. 2018. 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.

Umax Group Business Description

Address 2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.