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Alaska Pacific Energy (Alaska Pacific Energy) Sloan Ratio % : 0.00% (As of Jul. 2010)


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What is Alaska Pacific Energy 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.

Alaska Pacific Energy's Sloan Ratio for the quarter that ended in Jul. 2010 was 0.00%.

As of Jul. 2010, Alaska Pacific Energy has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Alaska Pacific Energy Sloan Ratio % Historical Data

The historical data trend for Alaska Pacific Energy'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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Alaska Pacific Energy Sloan Ratio % Chart

Alaska Pacific Energy Annual Data
Trend Jan07 Jan08 Jan09 Jan10
Sloan Ratio %
- - 19.82 -

Alaska Pacific Energy Quarterly Data
Jan07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Alaska Pacific Energy's Sloan Ratio %

For the Other Industrial Metals & Mining subindustry, Alaska Pacific Energy'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.


Alaska Pacific Energy's Sloan Ratio % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alaska Pacific Energy's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Alaska Pacific Energy's Sloan Ratio % falls into.



Alaska Pacific Energy 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.

Alaska Pacific Energy's Sloan Ratio for the fiscal year that ended in Jan. 2010 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2010 )-Cash Flow from Operations (A: Jan. 2010 )
-Cash Flow from Investing (A: Jan. 2010 ))/Total Assets (A: Jan. 2010 )
=(-0.13--0.073
-0)/0.042
=-135.71%

Alaska Pacific Energy's Sloan Ratio for the quarter that ended in Jul. 2010 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jul. 2010 )
=(-1.272--0.39
-0)/0.28
=-315.00%

Alaska Pacific Energy's Net Income for the trailing twelve months (TTM) ended in Jul. 2010 was -0.024 (Oct. 2009 ) + -0.068 (Jan. 2010 ) + -0.203 (Apr. 2010 ) + -0.977 (Jul. 2010 ) = $-1.27 Mil.
Alaska Pacific Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2010 was -0.022 (Oct. 2009 ) + -0.021 (Jan. 2010 ) + -0.05 (Apr. 2010 ) + -0.297 (Jul. 2010 ) = $-0.39 Mil.
Alaska Pacific Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jul. 2010 was 0 (Oct. 2009 ) + 0 (Jan. 2010 ) + 0 (Apr. 2010 ) + 0 (Jul. 2010 ) = $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.


Alaska Pacific Energy  (OTCPK:ASKE) 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 Jul. 2010, Alaska Pacific Energy 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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Alaska Pacific Energy (Alaska Pacific Energy) Business Description

Traded in Other Exchanges
N/A
Address
3618 Lantana Road, Lake Worth, FL, USA, 33462
Website
Alaska Pacific Energy Corp is a mining and exploration company. The principal products and services of the company are oil and gas lease acquisition, well development, valuable metal property acquisition and mining and ore processing. Additionally, the company is in the hemp business. The company also offers assessment consulting on mineral rights and correlating lease viability.

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