Australian Oil & Gas (Australian Oil & Gas) Sloan Ratio % : 0.00% (As of Mar. 2012)

Australian Oil & Gas Sloan Ratio % Chart

Australian Oil & Gas Annual Data
	Trend	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Sloan Ratio %		Get a 7-Day Free Trial					-	-	-11.37	104.82	-111.66

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Sloan Ratio %	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Oil & Gas E&P subindustry, Australian 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.

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

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

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

Australian 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.

Australian Oil & Gas's Sloan Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Australian Oil & Gas's Sloan Ratio for the quarter that ended in Mar. 2012 is calculated as

Australian Oil & Gas's Net Income for the trailing twelve months (TTM) ended in Mar. 2012 was -0.071 (Jun. 2011 ) + -0.116 (Sep. 2011 ) + -0.039 (Dec. 2011 ) + -0.079 (Mar. 2012 ) = $-0.31 Mil.
Australian Oil & Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2012 was 0.102 (Jun. 2011 ) + -0.14 (Sep. 2011 ) + -0.053 (Dec. 2011 ) + -0.064 (Mar. 2012 ) = $-0.16 Mil.
Australian Oil & Gas's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2012 was 1.526 (Jun. 2011 ) + 0 (Sep. 2011 ) + 0 (Dec. 2011 ) + 0 (Mar. 2012 ) = $1.53 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.

Australian Oil & Gas  (OTCPK:AOGC) 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. 2012, Australian Oil & Gas has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Australian Oil & Gas Sloan Ratio % Related Terms

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Australian Oil & Gas (Australian Oil & Gas) Business Description