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Tigrent (Tigrent) Sloan Ratio % : 16.38% (As of Dec. 2010)


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What is Tigrent 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.

Tigrent's Sloan Ratio for the quarter that ended in Dec. 2010 was 16.38%.

As of Dec. 2010, Tigrent has a Sloan Ratio of 16.38%, indicating there is a warning stage of accrual build up.


Tigrent Sloan Ratio % Historical Data

The historical data trend for Tigrent'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.

Tigrent Sloan Ratio % Chart

Tigrent Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.47 -11.10 13.70 38.15 16.38

Tigrent Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 38.15 43.35 84.04 64.77 16.38

Competitive Comparison of Tigrent's Sloan Ratio %

For the Education & Training Services subindustry, Tigrent'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.


Tigrent's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tigrent's Sloan Ratio % distribution charts can be found below:

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



Tigrent 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.

Tigrent's Sloan Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2010 )-Cash Flow from Operations (A: Dec. 2010 )
-Cash Flow from Investing (A: Dec. 2010 ))/Total Assets (A: Dec. 2010 )
=(-0.88--6.814
-0.441)/33.532
=16.38%

Tigrent's Sloan Ratio for the quarter that ended in Dec. 2010 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2010 )
=(-0.88--6.814
-0.441)/33.532
=16.38%

Tigrent's Net Income for the trailing twelve months (TTM) ended in Dec. 2010 was -1.092 (Mar. 2010 ) + 7.116 (Jun. 2010 ) + -1.181 (Sep. 2010 ) + -5.723 (Dec. 2010 ) = $-0.9 Mil.
Tigrent's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2010 was -0.132 (Mar. 2010 ) + -5.595 (Jun. 2010 ) + -0.307 (Sep. 2010 ) + -0.78 (Dec. 2010 ) = $-6.8 Mil.
Tigrent's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2010 was -0.149 (Mar. 2010 ) + -0.101 (Jun. 2010 ) + -0.03 (Sep. 2010 ) + 0.721 (Dec. 2010 ) = $0.4 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.


Tigrent  (OTCPK:TIGE) 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 Dec. 2010, Tigrent has a Sloan Ratio of 16.38%, indicating there is a warning stage of accrual build up.


Tigrent Sloan Ratio % Related Terms

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Tigrent (Tigrent) Business Description

Traded in Other Exchanges
N/A
Address
1612 Cape Coral Parkway, Suite 33904, Cape Coral, FL, USA, 33904
Tigrent Inc through its subsidiaries provides practical, high-quality and value-based training, conferences, publications, technology-based tools and mentoring where customers acquire learning, can apply to accumulate wealth. The company offers training and mentoring on real estate, financial instruments investing and entrepreneurship in the USA, UK and Canada.
Executives
Steven C Barre director, officer: CEO 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
J. Hunter Brown director 20 OLD LANTERN DRIVE, WILTON CT 06897
Richardson Kevin A Ii director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
Prides Capital Partners, Llc director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
James E. May officer: Chief Admin & General Counsel 1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Murray A Indick director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
James K Bass director 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Kingstown Partners Master Ltd. 10 percent owner C/O MOURANT OZANNES CORPORATE SERVICES, 42 NORTH CHURCH STREET, P.O. BOX 1348, GRAND CAYMAN E9 KY1-1108
Kingstown Management Gp Llc 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p. 10 percent owner 167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Michael Blitzer 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Partners, Llc 10 percent owner 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Guy Shanon 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Allan D Weingarten director 136 OLIVERA WAY, PALM BEACH GARDENS FL 33418
Wallace L Timmeny director 1122 INTERNATIONAL BLVD., SUITE 601, BURLINGTON A6 L7L 6Z8

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