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I-Scream Media Co (XKRX:461300) Sloan Ratio % : 0.00% (As of Sep. 2024)


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What is I-Scream Media Co 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.

I-Scream Media Co's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

As of Sep. 2024, I-Scream Media Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


I-Scream Media Co Sloan Ratio % Historical Data

The historical data trend for I-Scream Media Co'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.

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I-Scream Media Co Sloan Ratio % Chart

I-Scream Media Co Annual Data
Trend Dec21 Dec22 Dec23
Sloan Ratio %
-3.40 13.85 9.51

I-Scream Media Co Quarterly Data
Mar23 Sep23 Dec23 Mar24 Sep24
Sloan Ratio % - - - - -

Competitive Comparison of I-Scream Media Co's Sloan Ratio %

For the Education & Training Services subindustry, I-Scream Media Co'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.


I-Scream Media Co's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, I-Scream Media Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where I-Scream Media Co's Sloan Ratio % falls into.



I-Scream Media Co 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.

I-Scream Media Co's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(30234.638-30120.286
--10776.586)/114476.104
=9.51%

I-Scream Media Co's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(6794.728-14229.215
-13827.478)/188903.247
=-11.26%

I-Scream Media Co's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -364.602 (Sep. 2023 ) + 17075.821 (Dec. 2023 ) + -6486.326 (Mar. 2024 ) + -3430.165 (Sep. 2024 ) = ₩6,795 Mil.
I-Scream Media Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 18759.393 (Dec. 2023 ) + -4530.178 (Mar. 2024 ) + 0 (Sep. 2024 ) = ₩14,229 Mil.
I-Scream Media Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 9145.07 (Dec. 2023 ) + 4682.408 (Mar. 2024 ) + 0 (Sep. 2024 ) = ₩13,827 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.


I-Scream Media Co  (XKRX:461300) 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. 2024, I-Scream Media Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


I-Scream Media Co Sloan Ratio % Related Terms

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I-Scream Media Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
225-20 Pangyo Station-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Seoul, KOR
I-Scream Media Co Ltd is an education company with educational content and different content production capabilities. The company's business includes the edutech platform 'Ice Cream S' utilized by elementary school teachers with differentiated and diverse contents, 'Ice Cream Remote Education Training Center', a training institute for teachers to enhance their teaching expertise, 'Ice Cream Mall', which helps teachers conveniently prepare classes and operate classes by the Korean environment, and 'Ice Cream Textbook', an elementary school textbook that combines books and digital contents.

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