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VCTL (Rainmaker Systems) Sloan Ratio % : -303.01% (As of Sep. 2014)


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What is Rainmaker Systems 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.

Rainmaker Systems's Sloan Ratio for the quarter that ended in Sep. 2014 was -303.01%.

As of Sep. 2014, Rainmaker Systems has a Sloan Ratio of -303.01%, indicating earnings are more likely to be made up of accruals.


Rainmaker Systems Sloan Ratio % Historical Data

The historical data trend for Rainmaker Systems'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.

* Premium members only.

Rainmaker Systems Sloan Ratio % Chart

Rainmaker Systems Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.22 -18.51 -15.15 -39.60 -151.26

Rainmaker Systems 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 -55.77 -151.25 -154.38 -300.12 -303.01

Competitive Comparison of Rainmaker Systems's Sloan Ratio %

For the Education & Training Services subindustry, Rainmaker Systems'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.


Rainmaker Systems's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Rainmaker Systems's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Rainmaker Systems's Sloan Ratio % falls into.



Rainmaker Systems 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.

Rainmaker Systems's Sloan Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2013 )-Cash Flow from Operations (A: Dec. 2013 )
-Cash Flow from Investing (A: Dec. 2013 ))/Total Assets (A: Dec. 2013 )
=(-20.971--3.131
--2.201)/10.339
=-151.26%

Rainmaker Systems'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 )
=(-17.693--2.62
--1.165)/4.59
=-303.01%

Rainmaker Systems's Net Income for the trailing twelve months (TTM) ended in Sep. 2014 was -11.025 (Dec. 2013 ) + -2.313 (Mar. 2014 ) + -2.548 (Jun. 2014 ) + -1.807 (Sep. 2014 ) = $-17.69 Mil.
Rainmaker Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2014 was -0.246 (Dec. 2013 ) + 0.817 (Mar. 2014 ) + -0.945 (Jun. 2014 ) + -2.246 (Sep. 2014 ) = $-2.62 Mil.
Rainmaker Systems's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2014 was -0.622 (Dec. 2013 ) + -0.249 (Mar. 2014 ) + -0.291 (Jun. 2014 ) + -0.003 (Sep. 2014 ) = $-1.17 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.


Rainmaker Systems  (OTCPK:VCTL) 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, Rainmaker Systems has a Sloan Ratio of -303.01%, indicating earnings are more likely to be made up of accruals.


Rainmaker Systems Sloan Ratio % Related Terms

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Rainmaker Systems Business Description

Traded in Other Exchanges
N/A
Address
1821 S. Bascom Avenue, Suite 385, Campbell, CA, USA, 95008
Rainmaker Systems Inc is a learning management solution provider to organizations of all size across the technology, financial services, biosciences, human resources, and consulting industries, among others.
Executives
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Gary S Briggs director 117 ADAMS STREET, C/O ETSY, BROOKLYN NY 11201
Timothy Burns officer: Acting Chief Financial Officer 900 E. HAMILTON AVENUE, SUITE 400, CAMPBELL CA 95008
Charles Geiger director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Steve Valenzuela officer: Chief Financial Officer 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Diker Management Llc 10 percent owner 570 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Martin Hernandez officer: President C/O WESTELL TECHNOLOGIES, INC. 750 NORTH COMMONS DRIVE AURORA IL 60504
Hebb Donald B Jr 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Timothy T Weglicki 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Phillip A Clough director, 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Stobo John D Jr 10 percent owner 400 EAST PRATT STREET, SUITE 910, BALTIMORE MD 21202
Abs Capital Partners Iii L P 10 percent owner 1 SOUTH STREET, 25TH FLOOR, BALTIMORE MD 21202
Abs Partners Iii Llc 10 percent owner
Urioste George De director 2118 WALSH AVENUE, SUITE 210, SANTA CLARA CA 95050

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