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Green Envirotech Holdings (Green Envirotech Holdings) Sloan Ratio % : 0.00% (As of Sep. 2019)


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What is Green Envirotech 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.

Green Envirotech Holdings's Sloan Ratio for the quarter that ended in Sep. 2019 was 0.00%.

As of Sep. 2019, Green Envirotech Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Green Envirotech Holdings Sloan Ratio % Historical Data

The historical data trend for Green Envirotech 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.

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Green Envirotech Holdings Sloan Ratio % Chart

Green Envirotech Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -104.64 -265.94 -

Green Envirotech Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Competitive Comparison of Green Envirotech Holdings's Sloan Ratio %

For the Waste Management subindustry, Green Envirotech 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.


Green Envirotech Holdings's Sloan Ratio % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Green Envirotech Holdings's Sloan Ratio % distribution charts can be found below:

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



Green Envirotech 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.

Green Envirotech Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-3.076--0.288
-0)/0.003
=-92,933.33%

Green Envirotech Holdings's Sloan Ratio for the quarter that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2019 )
=(-3.254--0.208
-0)/0.011
=-27,690.91%

Green Envirotech Holdings's Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was -1.677 (Dec. 2018 ) + -0.756 (Mar. 2019 ) + -0.409 (Jun. 2019 ) + -0.412 (Sep. 2019 ) = $-3.25 Mil.
Green Envirotech Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2019 was -0.022 (Dec. 2018 ) + -0.041 (Mar. 2019 ) + -0.117 (Jun. 2019 ) + -0.028 (Sep. 2019 ) = $-0.21 Mil.
Green Envirotech Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2019 was 0 (Dec. 2018 ) + 0 (Mar. 2019 ) + 0 (Jun. 2019 ) + 0 (Sep. 2019 ) = $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.


Green Envirotech Holdings  (OTCPK:GETH) 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 Sep. 2019, Green Envirotech Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Green Envirotech Holdings (Green Envirotech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
14699 Holman Mountain Road, Jamestown, CA, USA, 95327
Green Envirotech Holdings Corp is a green technology company. It is engaged in transforming unusable scrap tires into valuable end products carbon black, oil and steel. It has developed a proprietary process to convert end-of-life tires and unrecyclable waste plastics into a high-grade blendstock oil using proven pyrolysis technology.
Executives
Christopher P Bowers director, 10 percent owner, officer: CEO C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Christopher Richard Smith 10 percent owner HENVILLE BUILDING PRINCE CHARLES STREET CHARLESTOWN U7 00000
Wayne H. Leggett director, officer: CFO 1315 E. BARBARA DRIVE TEMPE AZ 85281

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