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Artec Global Media (Artec Global Media) Sloan Ratio % : 0.00% (As of Apr. 2016)


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What is Artec Global Media 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.

Artec Global Media's Sloan Ratio for the quarter that ended in Apr. 2016 was 0.00%.

As of Apr. 2016, Artec Global Media has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Artec Global Media Sloan Ratio % Historical Data

The historical data trend for Artec Global Media'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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Artec Global Media Sloan Ratio % Chart

Artec Global Media Annual Data
Trend Jan13 Jan14 Jan15 Jan16
Sloan Ratio %
- - - -

Artec Global Media Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Artec Global Media's Sloan Ratio %

For the Advertising Agencies subindustry, Artec Global Media'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.


Artec Global Media's Sloan Ratio % Distribution in the Media - Diversified Industry

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

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



Artec Global Media 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.

Artec Global Media's Sloan Ratio for the fiscal year that ended in Jan. 2016 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2016 )-Cash Flow from Operations (A: Jan. 2016 )
-Cash Flow from Investing (A: Jan. 2016 ))/Total Assets (A: Jan. 2016 )
=(-1.126--0.341
-0)/0.029
=-2,706.90%

Artec Global Media's Sloan Ratio for the quarter that ended in Apr. 2016 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Apr. 2016 )
=(-3.67--0.265
-0)/0.02
=-17,025.00%

Artec Global Media's Net Income for the trailing twelve months (TTM) ended in Apr. 2016 was -0.152 (Jul. 2015 ) + -0.116 (Oct. 2015 ) + -0.67 (Jan. 2016 ) + -2.732 (Apr. 2016 ) = $-3.67 Mil.
Artec Global Media's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2016 was -0.064 (Jul. 2015 ) + -0.038 (Oct. 2015 ) + -0.09 (Jan. 2016 ) + -0.073 (Apr. 2016 ) = $-0.27 Mil.
Artec Global Media's Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2016 was 0 (Jul. 2015 ) + 0 (Oct. 2015 ) + 0 (Jan. 2016 ) + 0 (Apr. 2016 ) = $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.


Artec Global Media  (OTCPK:ACTL) 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 Apr. 2016, Artec Global Media has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Artec Global Media (Artec Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1000 East William Street, Suite 204, Carson City, NV, USA, 89701
Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.

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