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Eurosite Power (Eurosite Power) Sloan Ratio % : 1.00% (As of Jun. 2018)


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What is Eurosite Power 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.

Eurosite Power's Sloan Ratio for the quarter that ended in Jun. 2018 was 1.00%.

As of Jun. 2018, Eurosite Power has a Sloan Ratio of 1.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Eurosite Power Sloan Ratio % Historical Data

The historical data trend for Eurosite Power'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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Eurosite Power Sloan Ratio % Chart

Eurosite Power Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Sloan Ratio %
Get a 7-Day Free Trial -13.03 50.39 26.68 11.93 8.97

Eurosite Power Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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 2.10 - - 6.28 1.00

Competitive Comparison of Eurosite Power's Sloan Ratio %

For the Utilities - Regulated Electric subindustry, Eurosite Power'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.


Eurosite Power's Sloan Ratio % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eurosite Power's Sloan Ratio % distribution charts can be found below:

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



Eurosite Power 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.

Eurosite Power's Sloan Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2015 )-Cash Flow from Operations (A: Dec. 2015 )
-Cash Flow from Investing (A: Dec. 2015 ))/Total Assets (A: Dec. 2015 )
=(-1.384--0.365
--1.824)/8.977
=8.97%

Eurosite Power's Sloan Ratio for the quarter that ended in Jun. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2018 )
=(-1.044--0.436
--0.726)/11.851
=1.00%

Eurosite Power's Net Income for the trailing twelve months (TTM) ended in Jun. 2018 was -0.279 (Mar. 2017 ) + -0.204 (Jun. 2017 ) + -0.126 (Mar. 2018 ) + -0.435 (Jun. 2018 ) = $-1.04 Mil.
Eurosite Power's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2018 was -0.325 (Mar. 2017 ) + 0.343 (Jun. 2017 ) + 0.109 (Mar. 2018 ) + -0.563 (Jun. 2018 ) = $-0.44 Mil.
Eurosite Power's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2018 was -0.15 (Mar. 2017 ) + -0.113 (Jun. 2017 ) + -0.975 (Mar. 2018 ) + 0.512 (Jun. 2018 ) = $-0.73 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.


Eurosite Power  (OTCPK:EUSP) 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. 2018, Eurosite Power has a Sloan Ratio of 1.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Eurosite Power Sloan Ratio % Related Terms

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Eurosite Power (Eurosite Power) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cooper Parry, Sky View, Argosy Road, East Midlands Airport, Castle Donington, Derby, GBR, DE74 2SA
Eurosite Power Inc owns and operates clean, on-site energy systems that produce electricity, hot water, heat, and cooling. Its solutions include equipment installation, as well as operation and ongoing maintenance. The company owns and operates the equipment that it installs at customers' facilities and sells the energy produced by its systems to the customers on a long-term contractual basis. It offers its on-site utility solutions to healthcare, hospitality, housing, and leisure centers. Geographically the business presence of the firm is seen in the region of Europe and the United Kingdom.
Executives
John Hatsopoulos other: No longer a 10% owner 85 FIRST AVENUE, WALTHAM MA 02451
Bonnie Jean Brown officer: CFO, Treasurer, and Secretary 97 FIFTY ACRE WAY, CARLISLE MA 01741
Ahmed Ghoniem director 45 FIRST AVENUE, WALTHAM MA 02451

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