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WRIT Media Group (WRIT Media Group) Sloan Ratio % : 0.00% (As of Dec. 2017)


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What is WRIT Media Group 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.

WRIT Media Group's Sloan Ratio for the quarter that ended in Dec. 2017 was 0.00%.

As of Dec. 2017, WRIT Media Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


WRIT Media Group Sloan Ratio % Historical Data

The historical data trend for WRIT Media 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.

* Premium members only.

WRIT Media Group Sloan Ratio % Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 221.32 -83,350.00 - -

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 - - - - -

Competitive Comparison of WRIT Media Group's Sloan Ratio %

For the Entertainment subindustry, WRIT Media 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.


WRIT Media Group's Sloan Ratio % Distribution in the Media - Diversified Industry

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

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



WRIT Media 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.

WRIT Media Group's Sloan Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2017 )-Cash Flow from Operations (A: Mar. 2017 )
-Cash Flow from Investing (A: Mar. 2017 ))/Total Assets (A: Mar. 2017 )
=(-0.692--0.144
-0)/4.769
=-11.49%

WRIT Media Group's Sloan Ratio for the quarter that ended in Dec. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2017 )
=(-1.039-0.231
-0)/5.661
=-22.43%

WRIT Media Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2017 was -0.177 (Mar. 2017 ) + -0.344 (Jun. 2017 ) + -0.494 (Sep. 2017 ) + -0.024 (Dec. 2017 ) = $-1.04 Mil.
WRIT Media Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2017 was 0.058 (Mar. 2017 ) + -0.08 (Jun. 2017 ) + -0.153 (Sep. 2017 ) + 0.406 (Dec. 2017 ) = $0.23 Mil.
WRIT Media Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2017 was 0 (Mar. 2017 ) + 0 (Jun. 2017 ) + 0 (Sep. 2017 ) + 0 (Dec. 2017 ) = $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.


WRIT Media Group  (OTCPK:WRIT) 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 Dec. 2017, WRIT Media Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


WRIT Media Group Sloan Ratio % Related Terms

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WRIT Media Group (WRIT Media Group) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

WRIT Media Group (WRIT Media Group) Headlines

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