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SponsorsOne Brands (XCNQ:SPO) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is SponsorsOne Brands 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.

SponsorsOne Brands's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, SponsorsOne Brands has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SponsorsOne Brands Sloan Ratio % Historical Data

The historical data trend for SponsorsOne Brands'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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SponsorsOne Brands Sloan Ratio % Chart

SponsorsOne Brands Annual Data
Trend Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 41.17 -2,144.52 - -

SponsorsOne Brands Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 SponsorsOne Brands's Sloan Ratio %

For the Software - Application subindustry, SponsorsOne Brands'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.


SponsorsOne Brands's Sloan Ratio % Distribution in the Software Industry

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

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



SponsorsOne Brands 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.

SponsorsOne Brands's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(-26.834--5.955
-0)/0.565
=-3,695.40%

SponsorsOne Brands's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(-6.179--0.579
-0)/3.287
=-170.37%

SponsorsOne Brands's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was -4.887 (Dec. 2021 ) + -0.732 (Mar. 2022 ) + -0.477 (Jun. 2022 ) + -0.083 (Sep. 2022 ) = C$-6.18 Mil.
SponsorsOne Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.136 (Dec. 2021 ) + -0.35 (Mar. 2022 ) + -0.093 (Jun. 2022 ) + 0 (Sep. 2022 ) = C$-0.58 Mil.
SponsorsOne Brands's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = C$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.


SponsorsOne Brands  (XCNQ:SPO) 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. 2022, SponsorsOne Brands has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


SponsorsOne Brands Sloan Ratio % Related Terms

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SponsorsOne Brands (XCNQ:SPO) Business Description

Traded in Other Exchanges
N/A
Address
2 Campbell Drive, Suite 307C, Uxbridge, ON, CAN, L9P 1H6
SponsorsOne Brands Inc engages in brand creation and digital marketing through influencer marketing, storytelling, and digital commerce with the SponsorCoin platform and its scalable - smart contract-based digital currency. SponsorCoin allows brands to build and manage exclusive engaged communities of salespeople and marketers within the social realm. The SponsorCoin platform provides data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements around their products and services.

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