Virtus Oil & Gas (Virtus Oil & Gas) Sloan Ratio % : -13,833.33% (As of Feb. 2016)

Virtus Oil & Gas Sloan Ratio % Chart

Virtus Oil & Gas Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Sloan Ratio %	Get a 7-Day Free Trial															-161.92	-115.18	-105.10	-11,211.43	-13,833.33

Competitive Comparison of Virtus Oil & Gas's Sloan Ratio %

For the Oil & Gas E&P subindustry, Virtus Oil & Gas'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.

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

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

* The bar in red indicates where Virtus Oil & Gas's Sloan Ratio % falls into.

Virtus Oil & Gas 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.

Virtus Oil & Gas's Sloan Ratio for the fiscal year that ended in Nov. 2015 is calculated as

Virtus Oil & Gas's Sloan Ratio for the quarter that ended in Feb. 2016 is calculated as

Virtus Oil & Gas's Net Income for the trailing twelve months (TTM) ended in Feb. 2016 was -0.59 (May. 2015 ) + -0.933 (Aug. 2015 ) + -3.411 (Nov. 2015 ) + -1.064 (Feb. 2016 ) = $-6.00 Mil.
Virtus Oil & Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2016 was -0.205 (May. 2015 ) + 0.055 (Aug. 2015 ) + 0.789 (Nov. 2015 ) + -0.06 (Feb. 2016 ) = $0.58 Mil.
Virtus Oil & Gas's Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2016 was -0.133 (May. 2015 ) + -0.59 (Aug. 2015 ) + -1.288 (Nov. 2015 ) + -0.001 (Feb. 2016 ) = $-2.01 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.

Virtus Oil & Gas  (GREY:VOIL) 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 Feb. 2016, Virtus Oil & Gas has a Sloan Ratio of -13,833.33%, indicating earnings are more likely to be made up of accruals.

Virtus Oil & Gas Sloan Ratio % Related Terms

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Virtus Oil & Gas (Virtus Oil & Gas) Business Description