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Regenicin (Regenicin) Sloan Ratio % : 0.00% (As of Mar. 2023)


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What is Regenicin 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.

Regenicin's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

As of Mar. 2023, Regenicin has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Regenicin Sloan Ratio % Historical Data

The historical data trend for Regenicin'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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Regenicin Sloan Ratio % Chart

Regenicin Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Sloan Ratio %
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Regenicin Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Regenicin's Sloan Ratio %

For the Biotechnology subindustry, Regenicin'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.


Regenicin's Sloan Ratio % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Regenicin's Sloan Ratio % distribution charts can be found below:

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



Regenicin 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.

Regenicin's Sloan Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2022 )-Cash Flow from Operations (A: Sep. 2022 )
-Cash Flow from Investing (A: Sep. 2022 ))/Total Assets (A: Sep. 2022 )
=(-0.639--0.027
-0)/0.015
=-4,080.00%

Regenicin's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(-0.932--0.7
-0)/11.859
=-1.96%

Regenicin's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was -0.163 (Jun. 2022 ) + -0.155 (Sep. 2022 ) + -0.278 (Dec. 2022 ) + -0.336 (Mar. 2023 ) = $-0.93 Mil.
Regenicin's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -0.01 (Jun. 2022 ) + 0 (Sep. 2022 ) + -0.362 (Dec. 2022 ) + -0.328 (Mar. 2023 ) = $-0.70 Mil.
Regenicin's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Dec. 2022 ) + 0 (Mar. 2023 ) = $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.


Regenicin  (OTCPK:RGIN) 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. 2023, Regenicin 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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Regenicin (Regenicin) Business Description

Traded in Other Exchanges
N/A
Address
10 High Court, Little Falls, NJ, USA, 07424
Regenicin Inc is a biotechnology company specializing in the development of regenerative cell therapies to restore the health of damaged tissues and organs. Its skin substitute product candidate comprises of NovaDerm. NovaDerm is a multi-layered tissue-engineered living skin prepared by utilizing autologous (patient's own) skin cells. It is a graftable cultured epithelium skin substitute containing both epidermal and dermal components with a collagen base. The technology has been clinically tested in Hundreds of pediatric, catastrophic burn patients.

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