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M2i Global (M2i Global) Sloan Ratio % : 0.00% (As of Feb. 2024)


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What is M2i Global 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.

M2i Global's Sloan Ratio for the quarter that ended in Feb. 2024 was 0.00%.

As of Feb. 2024, M2i Global has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


M2i Global Sloan Ratio % Historical Data

The historical data trend for M2i Global'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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M2i Global Sloan Ratio % Chart

M2i Global Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Sloan Ratio %
Get a 7-Day Free Trial - - - -25.40 -

M2i Global Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 M2i Global's Sloan Ratio %

For the Other Industrial Metals & Mining subindustry, M2i Global'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.


M2i Global's Sloan Ratio % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, M2i Global's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where M2i Global's Sloan Ratio % falls into.



M2i Global 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.

M2i Global's Sloan Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Sloan Ratio=(Net Income (A: Nov. 2023 )-Cash Flow from Operations (A: Nov. 2023 )
-Cash Flow from Investing (A: Nov. 2023 ))/Total Assets (A: Nov. 2023 )
=(-1.99--1.611
-0)/0.048
=-789.58%

M2i Global's Sloan Ratio for the quarter that ended in Feb. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Feb. 2024 )
=(-2.661--2.203
-0)/0.105
=-436.19%

M2i Global's Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was -0.539 (May. 2023 ) + -1.446 (Aug. 2023 ) + 0.023 (Nov. 2023 ) + -0.699 (Feb. 2024 ) = $-2.66 Mil.
M2i Global's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2024 was -0.235 (May. 2023 ) + -0.72 (Aug. 2023 ) + -0.657 (Nov. 2023 ) + -0.591 (Feb. 2024 ) = $-2.20 Mil.
M2i Global's Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2024 was 0 (May. 2023 ) + 0 (Aug. 2023 ) + 0 (Nov. 2023 ) + 0 (Feb. 2024 ) = $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.


M2i Global  (OTCPK:MTWO) 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 Feb. 2024, M2i Global has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


M2i Global Sloan Ratio % Related Terms

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M2i Global (M2i Global) Business Description

Traded in Other Exchanges
N/A
Address
S. Carson Street, P.O. Box No. 40, Carson, NV, USA, 89701
M2I Global Inc formerly Inky Inc develops, publishes and markets mobile software applications for smartphones and tablet devices. Inky facilitates the user to decide what and where to ink without having to actually commence the tattoo procedure. Users will be able to download applications through direct-to-consumer digital storefronts, such as the apple app store and google play market. The app includes a selection of tattoo sketches by different artists that can be virtually placed via smartphone-powered AR. A user gets to try on a virtual tattoo on their body in real time.