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Transnational Group (Transnational Group) Sloan Ratio % : 0.00% (As of Aug. 2023)


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What is Transnational Group 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.

Transnational Group's Sloan Ratio for the quarter that ended in Aug. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-36.92)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Aug. 2023, Transnational Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Transnational Group Sloan Ratio % Historical Data

The historical data trend for Transnational Group'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.

Transnational Group Sloan Ratio % Chart

Transnational Group Annual Data
Trend Feb01 Feb02 Feb03 Feb04 Feb05 Feb06 Feb07 Feb08
Sloan Ratio %
Get a 7-Day Free Trial - - -14.42 -37.17 -36.92

Transnational Group Semi-Annual Data
Feb01 Feb02 Aug02 Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Aug22 Aug23
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 -25.91 -36.91 -11.60 - -

Competitive Comparison of Transnational Group's Sloan Ratio %

For the Entertainment subindustry, Transnational Group'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.


Transnational Group's Sloan Ratio % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Transnational Group's Sloan Ratio % distribution charts can be found below:

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



Transnational Group 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.

Transnational Group's Sloan Ratio for the fiscal year that ended in Feb. 2008 is calculated as

Sloan Ratio=(Net Income (A: Feb. 2008 )-Cash Flow from Operations (A: Feb. 2008 )
-Cash Flow from Investing (A: Feb. 2008 ))/Total Assets (A: Feb. 2008 )
=(-7.305--1.987
--2.304)/8.164
=-36.92%

Transnational Group's Sloan Ratio for the quarter that ended in Aug. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2023 )
=(-0.795-0
-0)/7.501
=-10.60%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Transnational Group's Net Income for the trailing twelve months (TTM) ended in Aug. 2023 was -0.794 (Aug. 2022 ) + -0.001 (Aug. 2023 ) = $-0.80 Mil.
Transnational Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2023 was 0 (Aug. 2022 ) + 0 (Aug. 2023 ) = $0.00 Mil.
Transnational Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2023 was 0 (Aug. 2022 ) + 0 (Aug. 2023 ) = $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.


Transnational Group  (OTCPK:TAMG) 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 Aug. 2023, Transnational Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Transnational Group Sloan Ratio % Related Terms

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Transnational Group (Transnational Group) Business Description

Traded in Other Exchanges
N/A
Address
26 S Rio Grande Street, Suite 2072, Salt Lake City, UT, USA, 84101
Transnational Group Inc is a software and technology company using artificial intelligence to build content. Its Bokoo TV OTT platform will offer an affordable TV like experience with hundreds of live channels and On Demand available on the wed, mobile device apps, Roku, Amazon Fire, Samsung and other prominent smart TV platforms targeting and genres of content and focused not only on English language but content focused on the diaspora populations globally being Indian, Russian, Filipino, Chinese, Vietnamese and others in their native languages, first in North America and then globally.
Executives
Joseph W Parker director, 10 percent owner, officer: President/CEO 8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc 10 percent owner 8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman officer: CFO 24215 13TH PLACE W, BOTHELL WA 98021

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