Gainsco (Gainsco) Sloan Ratio % : 2.74% (As of Sep. 2010)

Gainsco Sloan Ratio % Chart

Gainsco Annual Data
	Trend	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09
Sloan Ratio %		Get a 7-Day Free Trial					11.03	20.98	-7.68	-1.82	2.14

Gainsco Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Sloan Ratio %	Get a 7-Day Free Trial															2.04	2.14	2.77	0.74	2.74

Competitive Comparison of Gainsco's Sloan Ratio %

For the Insurance - Property & Casualty subindustry, Gainsco'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.

Gainsco's Sloan Ratio % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Gainsco's Sloan Ratio % distribution charts can be found below:

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

Gainsco 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.

Gainsco's Sloan Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Gainsco's Sloan Ratio for the quarter that ended in Sep. 2010 is calculated as

Gainsco's Net Income for the trailing twelve months (TTM) ended in Sep. 2010 was 0.245 (Dec. 2009 ) + 1.878 (Mar. 2010 ) + 1.828 (Jun. 2010 ) + 3.942 (Sep. 2010 ) = $7.9 Mil.
Gainsco's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2010 was -4.093 (Dec. 2009 ) + -1.936 (Mar. 2010 ) + -0.373 (Jun. 2010 ) + 1.16 (Sep. 2010 ) = $-5.2 Mil.
Gainsco's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2010 was 4.163 (Dec. 2009 ) + 1.012 (Mar. 2010 ) + 3.914 (Jun. 2010 ) + -2.667 (Sep. 2010 ) = $6.4 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.

Gainsco  (OTCPK:GANS) 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, Gainsco has a Sloan Ratio of 2.74%, indicating the company is in the safe zone and there is no funny business with accruals.

Gainsco Sloan Ratio % Related Terms

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Gainsco (Gainsco) Business Description