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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Sloan Ratio % : 0.00% (As of Jun. 2015)


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What is Bank of Botetourt Buchanan VA 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.

Bank of Botetourt Buchanan VA's Sloan Ratio for the quarter that ended in Jun. 2015 was 0.00%.

As of Jun. 2015, Bank of Botetourt Buchanan VA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Bank of Botetourt Buchanan VA Sloan Ratio % Historical Data

The historical data trend for Bank of Botetourt Buchanan VA'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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Bank of Botetourt Buchanan VA Sloan Ratio % Chart

Bank of Botetourt Buchanan VA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 -0.91 -3.26 2.94 3.22

Bank of Botetourt Buchanan VA Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Dec13 Jun14 Dec14 Jun15
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 -3.26 - - - -

Competitive Comparison of Bank of Botetourt Buchanan VA's Sloan Ratio %

For the Banks - Regional subindustry, Bank of Botetourt Buchanan VA'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.


Bank of Botetourt Buchanan VA's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Botetourt Buchanan VA's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Bank of Botetourt Buchanan VA's Sloan Ratio % falls into.



Bank of Botetourt Buchanan VA 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.

Bank of Botetourt Buchanan VA's Sloan Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2014 )-Cash Flow from Operations (A: Dec. 2014 )
-Cash Flow from Investing (A: Dec. 2014 ))/Total Assets (A: Dec. 2014 )
=(2.39-3.535
--11.219)/313.001
=3.22%

Bank of Botetourt Buchanan VA's Sloan Ratio for the quarter that ended in Jun. 2015 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2015 )
=(2.679-0
-0)/314.139
=0.85%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Bank of Botetourt Buchanan VA's Net Income for the trailing twelve months (TTM) ended in Jun. 2015 was 1.274 (Dec. 2014 ) + 1.405 (Jun. 2015 ) = $2.68 Mil.
Bank of Botetourt Buchanan VA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2015 was 0 (Dec. 2014 ) + 0 (Jun. 2015 ) = $0.00 Mil.
Bank of Botetourt Buchanan VA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2015 was 0 (Dec. 2014 ) + 0 (Jun. 2015 ) = $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.


Bank of Botetourt Buchanan VA  (OTCPK:BORT) 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 Jun. 2015, Bank of Botetourt Buchanan VA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Bank of Botetourt Buchanan VA Sloan Ratio % Related Terms

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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Business Description

Traded in Other Exchanges
N/A
Address
19747 Main Street, P.O. Box 339, Buchanan, VA, USA, 24066
Bank of Botetourt Buchanan VA is a banking institution. The bank offers a range of personal banking and business banking services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, cash management, online banking, bill pay, eStatements, mobile banking, insurance services, merchant services, visa card options, visa check card, convenience services, identity theft protection, and financial services. It offers a range of lending solutions, including personal lending, business lending, and mortgage lending.
Executives
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030

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