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Ryvyl (RVYL) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is Ryvyl 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.

Ryvyl's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

Warning Sign:

When sloan ratio (-68.82)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


Ryvyl Sloan Ratio % Historical Data

The historical data trend for Ryvyl'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.

Ryvyl Sloan Ratio % Chart

Ryvyl Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.19 -6.84 -8.43 6.67 -68.82

Ryvyl Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -44.12 - - - -

Competitive Comparison of Ryvyl's Sloan Ratio %

For the Software - Infrastructure subindustry, Ryvyl'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.


Ryvyl's Sloan Ratio % Distribution in the Software Industry

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

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



Ryvyl 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.

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

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-53.101-33.161
-2.287)/128.665
=-68.82%

Ryvyl's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-47.813-32.307
-2.282)/131.871
=-62.49%

Ryvyl's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -12.005 (Jun. 2023 ) + -3.116 (Sep. 2023 ) + -30.003 (Dec. 2023 ) + -2.689 (Mar. 2024 ) = $-47.81 Mil.
Ryvyl's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 6.75 (Jun. 2023 ) + 4.455 (Sep. 2023 ) + 5.577 (Dec. 2023 ) + 15.525 (Mar. 2024 ) = $32.31 Mil.
Ryvyl's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + -0.061 (Sep. 2023 ) + 2.365 (Dec. 2023 ) + -0.022 (Mar. 2024 ) = $2.28 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.


Ryvyl  (NAS:RVYL) 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 Mar. 2024, Ryvyl has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Ryvyl Sloan Ratio % Related Terms

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Ryvyl (RVYL) Business Description

Traded in Other Exchanges
N/A
Address
3131 Camino Del Rio North, Suite 1400, San Diego, CA, USA, 92108
Ryvyl Inc is a technology company that develops, markets, and sells blockchain-based payment solutions, which offers improvements to the payment solutions marketplace. It offers blockchain security and USD-pegged stablecoin technology with near-real-time attestation, RYVYL is reinventing financial transactions using its coyni stablecoin platform as a transactional foundation.
Executives
George Oliva officer: Chief Financial Officer 5429 BLACKBIRD DRIVE, PLEASANTON CA 94566
David Montoya director PO BOX 537, WESTPORT CT 06881
Zechariah John Kirscher officer: VP Legal Affairs 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Ezra Laniado director 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Cuilty Sonia Concepcion officer: Senior Compliance Officer 3131 CAMINO DEL RIO N., SUITE 1400, SAN DIEGO CA 92108
Min Wei officer: Chief Operating Officer 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Fredi Nisan director, 10 percent owner, officer: Chief Executive Officer 8880 RIO SAN DIEGO DR., SUITE 102, SAN DIEGO CA 92108
Nancy Adele Hogan director 1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Benjamin J Chung officer: Chief Financial Officer 2218 AVONDALE DRIVE, FULLERTON CA 92833
Jacqueline Dollar officer: Chief Marketing Officer 3131 CAMINO DEL RIO N., SUITE 1400, SAN DIEGO CA 92108
Lindsey Lee officer: VP of Legal Affairs 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Vanessa Luna officer: Chief Operating Officer 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Houghton Robert Jaquette Jr officer: Chief Technology Officer 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108
Kenneth Haller officer: Senior Vice Pres of Payments 8880 RIO SAN DIEGO DR., SUITE 102, SAN DIEGO CA 92108
Dante Croupe officer: Senior Vice Pres of Payments 3131 CAMINO DEL RIO NORTH, SUITE 1400, SAN DIEGO CA 92108