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Freeze Tag (Freeze Tag) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is Freeze Tag 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.

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

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


Freeze Tag Sloan Ratio % Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag Sloan Ratio % Chart

Freeze Tag 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 - -18.46 17.88 17.45 14.82

Freeze Tag 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 21.49 14.62 18.25 - -

Competitive Comparison of Freeze Tag's Sloan Ratio %

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.


Freeze Tag's Sloan Ratio % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freeze Tag's Sloan Ratio % distribution charts can be found below:

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



Freeze Tag 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.

Freeze Tag'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 )
=(-0.205--0.165
--0.182)/0.958
=14.82%

Freeze Tag'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 )
=(-0.376--0.331
--0.122)/0.749
=10.28%

Freeze Tag's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 0.025 (Jun. 2023 ) + -0.049 (Sep. 2023 ) + -0.134 (Dec. 2023 ) + -0.218 (Mar. 2024 ) = $-0.38 Mil.
Freeze Tag's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 0.008 (Jun. 2023 ) + -0.042 (Sep. 2023 ) + -0.118 (Dec. 2023 ) + -0.179 (Mar. 2024 ) = $-0.33 Mil.
Freeze Tag's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -0.07 (Jun. 2023 ) + -0.052 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = $-0.12 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.


Freeze Tag  (OTCPK:FRZT) 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, Freeze Tag has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Freeze Tag Sloan Ratio % Related Terms

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Freeze Tag (Freeze Tag) Business Description

Traded in Other Exchanges
N/A
Address
360 E 1st Street, Suite 450, Tustin, CA, USA, 92780
Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.
Executives
Vardeman Robert Don Jr director, 10 percent owner, officer: President 1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland director, 10 percent owner, officer: President and CEO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo director, 10 percent owner, officer: Secretary and CFO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780

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