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IDW Media Holdings (IDW Media Holdings) Sloan Ratio % : 11.33% (As of Jan. 2023)


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What is IDW Media Holdings 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.

IDW Media Holdings's Sloan Ratio for the quarter that ended in Jan. 2023 was 11.33%.

As of Jan. 2023, IDW Media Holdings has a Sloan Ratio of 11.33%, indicating there is a warning stage of accrual build up.


IDW Media Holdings Sloan Ratio % Historical Data

The historical data trend for IDW Media Holdings'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.

IDW Media Holdings Sloan Ratio % Chart

IDW Media Holdings Annual Data
Trend Oct12 Oct13 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 -0.41 -53.86 -45.53 24.23

IDW Media Holdings Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 -16.23 -37.87 26.61 24.23 11.33

Competitive Comparison of IDW Media Holdings's Sloan Ratio %

For the Publishing subindustry, IDW Media Holdings'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.


IDW Media Holdings's Sloan Ratio % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where IDW Media Holdings's Sloan Ratio % falls into.



IDW Media Holdings 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.

IDW Media Holdings's Sloan Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Sloan Ratio=(Net Income (A: Oct. 2022 )-Cash Flow from Operations (A: Oct. 2022 )
-Cash Flow from Investing (A: Oct. 2022 ))/Total Assets (A: Oct. 2022 )
=(-0.748--6.618
--0.9)/27.941
=24.23%

IDW Media Holdings's Sloan Ratio for the quarter that ended in Jan. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jan. 2023 )
=(-4.735--6.901
--0.768)/25.897
=11.33%

IDW Media Holdings's Net Income for the trailing twelve months (TTM) ended in Jan. 2023 was -2.253 (Apr. 2022 ) + -0.837 (Jul. 2022 ) + 0.353 (Oct. 2022 ) + -1.998 (Jan. 2023 ) = $-4.74 Mil.
IDW Media Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2023 was -3.084 (Apr. 2022 ) + -3.086 (Jul. 2022 ) + -0.117 (Oct. 2022 ) + -0.614 (Jan. 2023 ) = $-6.90 Mil.
IDW Media Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2023 was -0.232 (Apr. 2022 ) + -0.346 (Jul. 2022 ) + -0.118 (Oct. 2022 ) + -0.072 (Jan. 2023 ) = $-0.77 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.


IDW Media Holdings  (OTCPK:IDWM) 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 Jan. 2023, IDW Media Holdings has a Sloan Ratio of 11.33%, indicating there is a warning stage of accrual build up.


IDW Media Holdings Sloan Ratio % Related Terms

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IDW Media Holdings (IDW Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
520 Broad Street, Newark, NJ, USA, 07102
IDW Media Holdings Inc is a diversified media company with operations in publishing, television entertainment, and media distribution. Its segments include IDW Publishing, which creates comic books, graphic novels, digital content, and games; and IDW Entertainment, which operates as a production company & studio that develops and produces content and formats for global platforms and services.
Executives
Amber Huerta officer: Chief Operating Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
James R Woody director C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
David L Breau director C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Davidi Jonas director, officer: Executive Chairman C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Jonathan Rand director C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Allan Grafman director 160 RARITAN CENTER PARKWAY, EDISON NJ 08837
Sanford R Climan director, officer: VICE CHAIRMAN C/O EQUITY MARKETING INC, 6330 SAN VIENTE BLVD, LOS ANGELES CA 90048
Amy J Jonas director C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Ezra Rosensaft officer: Chief Executive Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Karina M Fedasz officer: CFO, Treasurer & Corporate Sec C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, officer: Chairman of the Board
Christopher J Mcgurk director C/O METRO-GOLDWYN-MAYER INC., 10250 CONSTELLATION BLVD., LOS ANGELES CA 90067
Brooke Feinstein officer: Chief Accounting Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Raging Capital Fund (qp), Lp other: See explanation of responses TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08853
Raging Capital Management, Llc 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228

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