Image Software (Image Software) Sloan Ratio % : -57.77% (As of Jun. 2005)

Image Software Sloan Ratio % Chart

Image Software Annual Data
	Trend	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04
Sloan Ratio %		Get a 7-Day Free Trial					14.50	-3.54	-1.41	6.03	-94.83

Image Software Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Sloan Ratio %	Get a 7-Day Free Trial															-6.29	-57.63	-94.83	-70.04	-57.77

Competitive Comparison of Image Software's Sloan Ratio %

For the Software - Infrastructure subindustry, Image Software'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.

Image Software's Sloan Ratio % Distribution in the Software Industry

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

* The bar in red indicates where Image Software's Sloan Ratio % falls into.

Image Software 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.

Image Software's Sloan Ratio for the fiscal year that ended in Dec. 2004 is calculated as

Image Software's Sloan Ratio for the quarter that ended in Jun. 2005 is calculated as

Image Software's Net Income for the trailing twelve months (TTM) ended in Jun. 2005 was -0.536 (Sep. 2004 ) + -0.166 (Dec. 2004 ) + -0.021 (Mar. 2005 ) + -0.04 (Jun. 2005 ) = $-0.76 Mil.
Image Software's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2005 was 0.046 (Sep. 2004 ) + 0.119 (Dec. 2004 ) + -0.029 (Mar. 2005 ) + -0.117 (Jun. 2005 ) = $0.02 Mil.
Image Software's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2005 was -0.063 (Sep. 2004 ) + -0.076 (Dec. 2004 ) + -0.058 (Mar. 2005 ) + -0.057 (Jun. 2005 ) = $-0.25 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.

Image Software  (OTCPK:ISOL) 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 Jun. 2005, Image Software has a Sloan Ratio of -57.77%, indicating earnings are more likely to be made up of accruals.

Image Software Sloan Ratio % Related Terms

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Image Software (Image Software) Business Description