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1PM Industries (1PM Industries) Sloan Ratio % : 0.00% (As of Nov. 2017)


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What is 1PM Industries 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.

1PM Industries's Sloan Ratio for the quarter that ended in Nov. 2017 was 0.00%.

As of Nov. 2017, 1PM Industries has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


1PM Industries Sloan Ratio % Historical Data

The historical data trend for 1PM Industries'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.

1PM Industries Sloan Ratio % Chart

1PM Industries Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Feb15 Feb16 Feb17
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.94 -7.85 - - 78.52

1PM Industries Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 1PM Industries's Sloan Ratio %

For the Packaged Foods subindustry, 1PM Industries'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.


1PM Industries's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, 1PM Industries's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where 1PM Industries's Sloan Ratio % falls into.



1PM Industries 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.

1PM Industries's Sloan Ratio for the fiscal year that ended in Feb. 2017 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2017 )-Cash Flow from Operations (A: Feb. 2017 )
-Cash Flow from Investing (A: Feb. 2017 ))/Total Assets (A: Feb. 2017 )
=(10.759--0.746
-1.619)/12.591
=78.52%

1PM Industries's Sloan Ratio for the quarter that ended in Nov. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Nov. 2017 )
=(-2.917--1.683
-1.357)/0.649
=-399.23%

1PM Industries's Net Income for the trailing twelve months (TTM) ended in Nov. 2017 was 12.501 (Feb. 2017 ) + -14.594 (May. 2017 ) + 0.585 (Aug. 2017 ) + -1.409 (Nov. 2017 ) = $-2.92 Mil.
1PM Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2017 was -0.532 (Feb. 2017 ) + -1.213 (May. 2017 ) + 0.04 (Aug. 2017 ) + 0.022 (Nov. 2017 ) = $-1.68 Mil.
1PM Industries's Cash Flow from Investing for the trailing twelve months (TTM) ended in Nov. 2017 was 0 (Feb. 2017 ) + 0.989 (May. 2017 ) + 0.21 (Aug. 2017 ) + 0.158 (Nov. 2017 ) = $1.36 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.


1PM Industries  (GREY:OPMZ) 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 Nov. 2017, 1PM Industries has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


1PM Industries Sloan Ratio % Related Terms

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1PM Industries (1PM Industries) Business Description

Traded in Other Exchanges
N/A
Address
312 S Beverly Drive, Number. 3401, Beverly Hills, CA, USA, 90212
1PM Industries Inc provides consulting services to a wide variety of companies in diverse industries. Its target companies are in the startup phase of their operations.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024
William A Lansing director 93962 BRIDGE VIEW LANE, NORTH BEND OR 97459
Thomas E Mills director, officer: President, CEO, CFO, Secretary
Lou Hilford director, officer: Chief Operating Officer

1PM Industries (1PM Industries) Headlines

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