American Metal & Technology (American Metal & Technology) Sloan Ratio % : 13.16% (As of Sep. 2010)

American Metal & Technology Sloan Ratio % Chart

American Metal & Technology Annual Data
	Trend	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Dec07	Dec08	Dec09
Sloan Ratio %		Get a 7-Day Free Trial					-	43,275.00	2.16	16.45	-5.71

American Metal & Technology Quarterly Data
	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Sloan Ratio %	Get a 7-Day Free Trial															-11.61	-5.50	1.79	6.32	13.16

Competitive Comparison of American Metal & Technology's Sloan Ratio %

For the Metal Fabrication subindustry, American Metal & Technology'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.

American Metal & Technology's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, American Metal & Technology's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where American Metal & Technology's Sloan Ratio % falls into.

American Metal & Technology 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.

American Metal & Technology's Sloan Ratio for the fiscal year that ended in Dec. 2009 is calculated as

American Metal & Technology's Sloan Ratio for the quarter that ended in Sep. 2010 is calculated as

American Metal & Technology's Net Income for the trailing twelve months (TTM) ended in Sep. 2010 was -0.261 (Dec. 2009 ) + -0.105 (Mar. 2010 ) + 0.316 (Jun. 2010 ) + 0.463 (Sep. 2010 ) = $0.41 Mil.
American Metal & Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2010 was -0.066 (Dec. 2009 ) + -0.38 (Mar. 2010 ) + -0.464 (Jun. 2010 ) + -0.72 (Sep. 2010 ) = $-1.63 Mil.
American Metal & Technology's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2010 was -0.369 (Dec. 2009 ) + -0.007 (Mar. 2010 ) + -0.022 (Jun. 2010 ) + -0.186 (Sep. 2010 ) = $-0.58 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.

American Metal & Technology  (OTCPK:AMGY) 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. 2010, American Metal & Technology has a Sloan Ratio of 13.16%, indicating there is a warning stage of accrual build up.

American Metal & Technology Sloan Ratio % Related Terms

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American Metal & Technology (American Metal & Technology) Business Description