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Command Security (Command Security) Sloan Ratio % : -23.93% (As of Dec. 2018)


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What is Command Security 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.

Command Security's Sloan Ratio for the quarter that ended in Dec. 2018 was -23.93%.

As of Dec. 2018, Command Security has a Sloan Ratio of -23.93%, indicating there is a warning stage of accrual build up.


Command Security Sloan Ratio % Historical Data

The historical data trend for Command Security'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.

Command Security Sloan Ratio % Chart

Command Security Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.10 -5.46 -3.66 8.51 11.00

Command Security Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 - - - -29.36 -23.93

Competitive Comparison of Command Security's Sloan Ratio %

For the Security & Protection Services subindustry, Command Security'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.


Command Security's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Command Security's Sloan Ratio % distribution charts can be found below:

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



Command Security 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.

Command Security's Sloan Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2018 )-Cash Flow from Operations (A: Mar. 2018 )
-Cash Flow from Investing (A: Mar. 2018 ))/Total Assets (A: Mar. 2018 )
=(-1.432--6.206
--0.536)/48.289
=11.00%

Command Security's Sloan Ratio for the quarter that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2018 )
=(-0.508-9.296
--0.337)/39.561
=-23.93%

Command Security's Net Income for the trailing twelve months (TTM) ended in Dec. 2018 was -1.062 (Mar. 2018 ) + 0.73 (Jun. 2018 ) + -0.186 (Sep. 2018 ) + 0.01 (Dec. 2018 ) = $-0.5 Mil.
Command Security's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2018 was 3.704 (Mar. 2018 ) + 2.424 (Jun. 2018 ) + 6.756 (Sep. 2018 ) + -3.588 (Dec. 2018 ) = $9.3 Mil.
Command Security's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2018 was -0.031 (Mar. 2018 ) + -0.102 (Jun. 2018 ) + -0.098 (Sep. 2018 ) + -0.106 (Dec. 2018 ) = $-0.3 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.


Command Security  (AMEX:MOC) 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. 2018, Command Security has a Sloan Ratio of -23.93%, indicating there is a warning stage of accrual build up.


Command Security Sloan Ratio % Related Terms

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Command Security (Command Security) Business Description

Traded in Other Exchanges
N/A
Address
Command Security Corp is the provider of full-solution security services. The company provides uniformed security officers and aviation services to commercial, education, financial, healthcare, hospitality, residential, industrial, aviation and governmental customers throughout the United States. In addition, it offers various services including recruiting, hiring, training and supervising all operating personnel as well as paying and providing them with uniforms, fringe benefits, and workers compensation insurance.
Executives
James P Heffernan director 1012 BAY STREET, DELRAY BEACH FL 33483
Jerry Lavell Johnson director 512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
David E Smith 10 percent owner 888 LINDA FLORA DRIVE, LOS ANGELES CA 90049
Trinad Capital Master Fund Ltd. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Robert S Ellin 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Capital L.p. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Management, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES DE 90010
Trinad Advisors Ii, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Barry Regenstein director, officer: President and CFO C/O COMMAND SECURITY CORP., RTE 55 LEXINGTON PARK P.O. BOX 340, LAGRANGEVILLE NY 12540
Jay Wolf 10 percent owner 981 LINDA FLORA DRIVE, LOS ANGELES, CA 90049
Bruce Galloway director C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR, NEW YORK NY 10019
Wade Martin R Iii director 100 ROWLAND WAY, SUITE 300, NOVATO CA 94945