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Zerify (Zerify) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is Zerify 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.

Zerify's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-1441.21)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Sep. 2023, Zerify has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Zerify Sloan Ratio % Historical Data

The historical data trend for Zerify'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.

Zerify Sloan Ratio % Chart

Zerify Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -900.72 -655.05 -2,070.74 - -1,441.21

Zerify Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Zerify's Sloan Ratio %

For the Software - Infrastructure subindustry, Zerify'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.


Zerify's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Zerify's Sloan Ratio % distribution charts can be found below:

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



Zerify 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.

Zerify's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-8.808--4.258
--0.039)/0.313
=-1,441.21%

Zerify's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-6.848--3.125
-0)/0.091
=-4,091.21%

Zerify's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was -1.844 (Dec. 2022 ) + -1.647 (Mar. 2023 ) + -2.12 (Jun. 2023 ) + -1.237 (Sep. 2023 ) = $-6.85 Mil.
Zerify's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -1.083 (Dec. 2022 ) + -0.873 (Mar. 2023 ) + -0.665 (Jun. 2023 ) + -0.504 (Sep. 2023 ) = $-3.13 Mil.
Zerify's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Dec. 2022 ) + 0 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = $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.


Zerify  (OTCPK:ZRFY) 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. 2023, Zerify has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Zerify Sloan Ratio % Related Terms

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Zerify (Zerify) Business Description

Traded in Other Exchanges
N/A
Address
1090 King Georges Post Road, Suite 603, Edison, NJ, USA, 08837
Zerify Inc is a cybersecurity company. It offers a suite of network security products using proprietary technology to businesses and consumers that provide out of band authentication and endpoint protection. It also provides mobile device security on Apple or Android devices. Its products are protect ID, guarded ID, and mobile trust, safeVchat, and privacyLok. The company sells its products to corporate, financial, healthcare, legal, government, technology, insurance, e-commerce and consumer market sectors. The Company operates in one segment for the development and distribution of software products.
Executives
Philip Ellis Blocker officer: Chief Financial Officer 1090 KINGS GEORGES POST RD., EDISON NJ 08837
Ramarao Pemmaraju director, other: Voting control shareholder 1090 KING GEORGES POST RD., EDISON NJ 08837
George Waller director, other: Voting control shareholder 1090 KING GEORGE'S POST ROAD, SUITE 603, EDISON NJ 08837
Mark L Kay director, officer: CEO 233 EXCALIBUR DR., NEWTOWN SQUARE PA 19073
Denn Robert Allen Jr. director 248 COLLEGE DRIVE, EDISON NJ 08817
James R Solakian 10 percent owner 152 MOCKINGBIRD CT, THREE BRIDGES NJ 08887

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