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

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What is WRIT Media Group Sloan Ratio %?

WRIT Media Group WRIT Sloan Ratio % is 0.00% as of Dec. 2017.

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  (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


WRIT Media Group Sloan Ratio % Historical Data

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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.

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 0.00 221.32 -83,350.00 0.00 0.00

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 0.00 0.00 0.00 0.00 0.00

WRIT vs ASKH, AFOM, XSPT: Sloan Ratio % Comparison

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 Sloan Ratio % vs 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
WRIT Media Group (WRIT) has a Sloan Ratio % of 0.00% as of Dec. 2017. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on WRIT Media Group and its competitors.
Is WRIT Media Group's Sloan Ratio % too high?
WRIT Media Group's current Sloan Ratio % is 0.00%.
How does WRIT Media Group's Sloan Ratio % compare to ASKH and AFOM?
WRIT Media Group's Sloan Ratio % of 0.00% 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 WRIT Media Group and its competitors. WRIT Media Group'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 WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) 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 WRIT Media Group (WRIT), the current Sloan Ratio % is 0.00% as of Dec. 2017. 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.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company 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.