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Inventure Foods (Inventure Foods) Sloan Ratio % : -186.08% (As of Sep. 2017)


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What is Inventure Foods 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.

Inventure Foods's Sloan Ratio for the quarter that ended in Sep. 2017 was -186.08%.

As of Sep. 2017, Inventure Foods has a Sloan Ratio of -186.08%, indicating there is a warning stage of accrual build up.


Inventure Foods Sloan Ratio % Historical Data

The historical data trend for Inventure Foods'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.

Inventure Foods Sloan Ratio % Chart

Inventure Foods Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 34.27 12.84 0.86 -14.36

Inventure Foods Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.29 -14.36 -42.94 -46.19 -186.08

Competitive Comparison of Inventure Foods's Sloan Ratio %

For the Packaged Foods subindustry, Inventure Foods'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.


Inventure Foods's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inventure Foods's Sloan Ratio % distribution charts can be found below:

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



Inventure Foods 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.

Inventure Foods's Sloan Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2016 )-Cash Flow from Operations (A: Dec. 2016 )
-Cash Flow from Investing (A: Dec. 2016 ))/Total Assets (A: Dec. 2016 )
=(-30.249-8.774
--12.963)/181.48
=-14.36%

Inventure Foods's Sloan Ratio for the quarter that ended in Sep. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2017 )
=(-66.817-4.239
-57.982)/69.344
=-186.08%

Inventure Foods's Net Income for the trailing twelve months (TTM) ended in Sep. 2017 was -26.389 (Dec. 2016 ) + -14.139 (Mar. 2017 ) + -0.917 (Jun. 2017 ) + -25.372 (Sep. 2017 ) = $-66.8 Mil.
Inventure Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2017 was 2.461 (Dec. 2016 ) + 2.085 (Mar. 2017 ) + 7.568 (Jun. 2017 ) + -7.875 (Sep. 2017 ) = $4.2 Mil.
Inventure Foods's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2017 was -0.956 (Dec. 2016 ) + 18.283 (Mar. 2017 ) + -0.296 (Jun. 2017 ) + 40.951 (Sep. 2017 ) = $58.0 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.


Inventure Foods  (NAS:SNAK) 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. 2017, Inventure Foods has a Sloan Ratio of -186.08%, indicating there is a warning stage of accrual build up.


Inventure Foods Sloan Ratio % Related Terms

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Inventure Foods (Inventure Foods) Business Description

Traded in Other Exchanges
N/A
Address
Inventure Foods Inc develops, produces markets and distributes snack food products and frozen berry products. The Company operates in two segments: frozen products and snack products.
Executives
Luther Jr King 10 percent owner 5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
John Bryan King 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Investment Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc 10 percent owner PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
Lkcm Core Discipline, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Micro-cap Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Harold S Edwards director SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Steven R Becker 10 percent owner 5525 NAKOMA DRIVE, DALLAS TX 75209

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