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ReGen III (ReGen III) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is ReGen III 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.

ReGen III's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

Warning Sign:

When sloan ratio (-55.92)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, ReGen III has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


ReGen III Sloan Ratio % Historical Data

The historical data trend for ReGen III'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.

ReGen III Sloan Ratio % Chart

ReGen III Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.37 -27.60 - - -55.87

ReGen III Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 ReGen III's Sloan Ratio %

For the Oil & Gas Refining & Marketing subindustry, ReGen III'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.


ReGen III's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ReGen III's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where ReGen III's Sloan Ratio % falls into.



ReGen III 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.

ReGen III's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-4.211--3.171
-0.078)/2.001
=-55.87%

ReGen III's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-4.371--2.462
-0.029)/1.011
=-191.69%

ReGen III's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -1.052 (Mar. 2023 ) + -1.126 (Sep. 2023 ) + -1.061 (Dec. 2023 ) + -1.132 (Mar. 2024 ) = $-4.37 Mil.
ReGen III's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -0.629 (Mar. 2023 ) + 0 (Sep. 2023 ) + -0.924 (Dec. 2023 ) + -0.909 (Mar. 2024 ) = $-2.46 Mil.
ReGen III's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Mar. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0.029 (Mar. 2024 ) = $0.03 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.


ReGen III  (OTCPK:ISRJF) 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 Mar. 2024, ReGen III has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


ReGen III Sloan Ratio % Related Terms

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ReGen III (ReGen III) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1750, Vancouver, BC, CAN, V6C 3A6
ReGen III Corp is a cleantech company that is building sustainable green projects with compelling economics, without relying on government subsidies. It owns a portfolio of patented technologies that enable used motor oil (UMO) re-refineries to produce a higher-value product mix of base oils than traditional methods.

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