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Metavesco (Metavesco) Sloan Ratio % : -158.93% (As of Jun. 2023)


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What is Metavesco 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.

Metavesco's Sloan Ratio for the quarter that ended in Jun. 2023 was -158.93%.

Warning Sign:

When sloan ratio (-159.23)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Jun. 2023, Metavesco has a Sloan Ratio of -158.93%, indicating earnings are more likely to be made up of accruals.


Metavesco Sloan Ratio % Historical Data

The historical data trend for Metavesco'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.

Metavesco Sloan Ratio % Chart

Metavesco Annual Data
Trend Jun08 Jun09 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 67.56 -159.23

Metavesco Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -158.93

Competitive Comparison of Metavesco's Sloan Ratio %

For the Capital Markets subindustry, Metavesco'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.


Metavesco's Sloan Ratio % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metavesco's Sloan Ratio % distribution charts can be found below:

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



Metavesco 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.

Metavesco's Sloan Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2023 )-Cash Flow from Operations (A: Jun. 2023 )
-Cash Flow from Investing (A: Jun. 2023 ))/Total Assets (A: Jun. 2023 )
=(-0.573--0.199
-0.161)/0.336
=-159.23%

Metavesco's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(-0.572--0.199
-0.161)/0.336
=-158.93%

Metavesco's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was -0.058 (Sep. 2022 ) + -0.107 (Dec. 2022 ) + 0.006 (Mar. 2023 ) + -0.413 (Jun. 2023 ) = $-0.57 Mil.
Metavesco's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -0.064 (Sep. 2022 ) + -0.06 (Dec. 2022 ) + -0.041 (Mar. 2023 ) + -0.034 (Jun. 2023 ) = $-0.20 Mil.
Metavesco's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was -0.041 (Sep. 2022 ) + 0.056 (Dec. 2022 ) + 0.154 (Mar. 2023 ) + -0.008 (Jun. 2023 ) = $0.16 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.


Metavesco  (OTCPK:MVCO) 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. 2023, Metavesco has a Sloan Ratio of -158.93%, indicating earnings are more likely to be made up of accruals.


Metavesco Sloan Ratio % Related Terms

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Metavesco (Metavesco) Business Description

Traded in Other Exchanges
N/A
Address
410 Peachtree Pkwy, Suite 4245, Cumming, GA, USA, 30041
Metavesco Inc is a web3 enterprise and digital asset innovator. It has three areas of focus which include Liquidity Provider, Staking, and NFTs. The company has bitcoin mining operations at its hosted facilities in TX and KY. It generates income as a liquidity provider, via decentralized exchanges such as Uniswap.
Executives
Whiting Chisman director
Franklin P Earley director, officer: CEO 2505 CHEYNE WALK, VIRGINIA BEACH VA 23454
Marvin S Friedberg director PO BOX 826, VIRGINIA BEACH VA 23451
Eric L Fox director
Litton T Richard Jr director 1051 CAMBRIDGE CRESCENT, NORFOLK VA 23508
Lex W Troutman officer: Vice President 1332 CLONCURRY ROAD, NORFOLK VA 23505
Martin N Speroni officer: Vice President 793 CHIPPENDALE DRIVE, VIRGINIA BEACH VA 23455
Ernest Hardee director
Meredith Peter M Jr director MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265
J Alan Lindauer director, officer: President/CEO 500 E MAIN STREET #8700, NORFOLK VA 23510
Harris Henry V Iii director
Richard G Ornstein director

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