VTMB (Vitamin Blue) Sloan Ratio %: 0.00% (As of Sep. 2013)


What is Vitamin Blue Sloan Ratio %?

Vitamin Blue VTMB -99.00% Sloan Ratio % is 0.00% as of Sep. 2013.

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.

Vitamin Blue's Sloan Ratio for the quarter that ended in Sep. 2013 was 0.00%.

As of Sep. 2013, Vitamin Blue has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Vitamin Blue  (OTCPK:VTMB) 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. 2013, Vitamin Blue has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Vitamin Blue Sloan Ratio % Related Terms


Vitamin Blue Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Vitamin Blue'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.

Vitamin Blue Sloan Ratio % Chart

Vitamin Blue Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Sloan Ratio %
0.00 0.00 0.00 -690.91 0.00

Vitamin Blue Quarterly Data
Dec08 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.00 0.00 0.00 0.00 0.00

VTMB vs GBBT, BWMG, SCRH: Sloan Ratio % Comparison

For the Leisure subindustry, Vitamin Blue'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.


Vitamin Blue Sloan Ratio % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vitamin Blue's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Vitamin Blue's Sloan Ratio % falls into.



Vitamin Blue 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.

Vitamin Blue's Sloan Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2012 )-Cash Flow from Operations (A: Dec. 2012 )
-Cash Flow from Investing (A: Dec. 2012 ))/Total Assets (A: Dec. 2012 )
=(-0.107--0.065
-0)/0.059
=-71.19%

Vitamin Blue's Sloan Ratio for the quarter that ended in Sep. 2013 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2013 )
=(-1.281--0.073
-0)/0.044
=-2,745.45%

Vitamin Blue's Net Income for the trailing twelve months (TTM) ended in Sep. 2013 was 0.076 (Dec. 2012 ) + -0.2 (Mar. 2013 ) + -0.747 (Jun. 2013 ) + -0.41 (Sep. 2013 ) = $-1.28 Mil.
Vitamin Blue's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2013 was -0.016 (Dec. 2012 ) + -0.018 (Mar. 2013 ) + -0.019 (Jun. 2013 ) + -0.02 (Sep. 2013 ) = $-0.07 Mil.
Vitamin Blue's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2013 was 0 (Dec. 2012 ) + 0 (Mar. 2013 ) + 0 (Jun. 2013 ) + 0 (Sep. 2013 ) = $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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Vitamin Blue (VTMB) has a Sloan Ratio % of 0.00% as of Sep. 2013. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Vitamin Blue and its competitors.
Is Vitamin Blue's Sloan Ratio % too high?
Vitamin Blue's current Sloan Ratio % is 0.00%.
How does Vitamin Blue's Sloan Ratio % compare to GBBT and BWMG?
Vitamin Blue's Sloan Ratio % of 0.00% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Sloan Ratio % depends on the Travel & Leisure 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 Vitamin Blue and its competitors. Vitamin Blue'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 Vitamin Blue stock overvalued right now?
Vitamin Blue (VTMB) 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 Vitamin Blue (VTMB), the current Sloan Ratio % is 0.00% as of Sep. 2013. 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.

Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.