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Premier Exhibitions (Premier Exhibitions) Sloan Ratio % : 6.13% (As of Aug. 2015)


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What is Premier Exhibitions 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.

Premier Exhibitions's Sloan Ratio for the quarter that ended in Aug. 2015 was 6.13%.

As of Aug. 2015, Premier Exhibitions has a Sloan Ratio of 6.13%, indicating the company is in the safe zone and there is no funny business with accruals.


Premier Exhibitions Sloan Ratio % Historical Data

The historical data trend for Premier Exhibitions'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.

Premier Exhibitions Sloan Ratio % Chart

Premier Exhibitions Annual Data
Trend Feb06 Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.16 -15.91 -5.93 5.76 -12.43

Premier Exhibitions Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 -13.27 -2.17 -12.43 2.71 6.13

Competitive Comparison of Premier Exhibitions's Sloan Ratio %

For the Leisure subindustry, Premier Exhibitions'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.


Premier Exhibitions's Sloan Ratio % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Premier Exhibitions's Sloan Ratio % distribution charts can be found below:

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



Premier Exhibitions 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.

Premier Exhibitions's Sloan Ratio for the fiscal year that ended in Feb. 2015 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2015 )-Cash Flow from Operations (A: Feb. 2015 )
-Cash Flow from Investing (A: Feb. 2015 ))/Total Assets (A: Feb. 2015 )
=(-10.475--1.386
--4.505)/36.881
=-12.43%

Premier Exhibitions's Sloan Ratio for the quarter that ended in Aug. 2015 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2015 )
=(-12.983--6.44
--8.745)/35.899
=6.13%

Premier Exhibitions's Net Income for the trailing twelve months (TTM) ended in Aug. 2015 was -2.133 (Nov. 2014 ) + -5.477 (Feb. 2015 ) + -2.277 (May. 2015 ) + -3.096 (Aug. 2015 ) = $-12.98 Mil.
Premier Exhibitions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2015 was -2.49 (Nov. 2014 ) + -0.672 (Feb. 2015 ) + -1.369 (May. 2015 ) + -1.909 (Aug. 2015 ) = $-6.44 Mil.
Premier Exhibitions's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2015 was -3.23 (Nov. 2014 ) + -0.298 (Feb. 2015 ) + -5.162 (May. 2015 ) + -0.055 (Aug. 2015 ) = $-8.75 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.


Premier Exhibitions  (OTCPK:PRXIQ) 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 Aug. 2015, Premier Exhibitions has a Sloan Ratio of 6.13%, indicating the company is in the safe zone and there is no funny business with accruals.


Premier Exhibitions Sloan Ratio % Related Terms

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Premier Exhibitions (Premier Exhibitions) Business Description

Traded in Other Exchanges
N/A
Address
3045 Kingston Court, Suite I, Peachtree Corners, GA, USA, 30071
Premier Exhibitions Inc is engaged in providing leisure services. It develops and sets up tourism-related exhibitions for the purpose of education and entertainment. The company's exhibitions present opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Its exhibitions are presented in museums, exhibition centers, and other entertainment venues. The company's services include content development, exhibit design, brand development, space planning and detailed fabrication drawings. It also offers merchandising services.
Executives
Alta Fundamental Advisers Llc 10 percent owner 1500 BROADWAY, SUITE 704, NEW YORK NY 10036
Sellers Capital Llc other: See Remarks 311 S WACKER DR STE 925 CHICAGO IL 60606
Sellers Capital Master Fund, Ltd. other: See Remarks C/O M&C CORPORATE SERVICES, UGLAND HOUSE S. CHURCH ST, PO BOX 309 GT GEORGE TOWN, GRAND CAYMAN E9 CAYMAN
Mark A Sellers other: See Remarks SELLERS CAPITAL 161 N CLARK ST STE 4700 CHICAGO IL 60601
Mingcheng Tao director 3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Richard Kraniak director
Mark Mcgowan director C/O COMBIMATRIX CORPORATION, 6500 HARBOUR HEIGHTS PARKWAY, SUITE 303, MUKILTEO WA 98275
Bruce David Eskowitz director, officer: President and CEO 202 N. CRESCENT DRIVE #1, BEVERLY HILLS CA 96210
Joseph B Marsh 10 percent owner 605 SURFSIDE DRIVE AKRON OH 44317

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