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MOJO Data Solutions (MOJO Data Solutions) Sloan Ratio % : 0.00% (As of Dec. 2021)


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What is MOJO Data Solutions 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.

MOJO Data Solutions's Sloan Ratio for the quarter that ended in Dec. 2021 was 0.00%.

As of Dec. 2021, MOJO Data Solutions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


MOJO Data Solutions Sloan Ratio % Historical Data

The historical data trend for MOJO Data Solutions'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.

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MOJO Data Solutions Sloan Ratio % Chart

MOJO Data Solutions Annual Data
Trend Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Sloan Ratio %
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MOJO Data Solutions Semi-Annual Data
Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
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Competitive Comparison of MOJO Data Solutions's Sloan Ratio %

For the Software - Application subindustry, MOJO Data Solutions'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.


MOJO Data Solutions's Sloan Ratio % Distribution in the Software Industry

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

* The bar in red indicates where MOJO Data Solutions's Sloan Ratio % falls into.



MOJO Data Solutions 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.

MOJO Data Solutions's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(-0.016--0.016
-0)/0.004
=0.00%

MOJO Data Solutions's Sloan Ratio for the quarter that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2021 )
=(-0.016--0.016
-0)/0.004
=0.00%

For company reported annually, GuruFocus uses latest annual data as the TTM data. MOJO Data Solutions's Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was $-0.02 Mil.
MOJO Data Solutions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2021 was $-0.02 Mil.
MOJO Data Solutions's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2021 was $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.


MOJO Data Solutions  (OTCPK:MJDS) 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. 2021, MOJO Data Solutions has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


MOJO Data Solutions Sloan Ratio % Related Terms

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MOJO Data Solutions (MOJO Data Solutions) Business Description

Traded in Other Exchanges
N/A
Address
E21 Calle Las Palmas, URB Dorado Reef, Dorado, PRI, 00646
MOJO Data Solutions Inc is engaged in the development of smartphone applications that enable consumers to interact with traditional media. The firm delivers multimedia mobile visual search and content delivery platforms on the handset with data processing and campaign management tools. It offers a campaign management suite that includes Mojo Tags, which allows consumers to connect with the digital content and experiences of brands through smartphones; Mojo Insights which offers solutions for managing mobile campaigns and connecting consumers to Internet content from traditional media; Mojo Tags App, a multimedia scanning application; and Mojo Touch solutions. The company also has Mojo Beacons, which delivers in-store customer experiences.