Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
White Energy Co's Sloan Ratio for the quarter that ended in Dec. 2025 was 11.64%.
Warning Sign:
When sloan ratio (-151.4)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Dec. 2025, White Energy Co has a Sloan Ratio of 11.64%, indicating earnings are more likely to be made up of accruals.
White Energy Co (ASX:WEC) 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.
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 Dec. 2025, White Energy Co has a Sloan Ratio of 11.64%, indicating earnings are more likely to be made up of accruals.
White Energy Co Sloan Ratio % Related Terms
White Energy Co Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for White Energy Co'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.
For the Thermal Coal subindustry, White Energy Co'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.
White Energy Co Sloan Ratio % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, White Energy Co's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where White Energy Co's Sloan Ratio % falls into.
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.
White Energy Co's Sloan Ratio for the fiscal year that ended in Jun. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
White Energy Co's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -1.51 (Jun. 2025 ) + -1.951 (Dec. 2025 ) = A$-3.46 Mil.
White Energy Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was -1.299 (Jun. 2025 ) + -1.768 (Dec. 2025 ) = A$-3.07 Mil.
White Energy Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -0.527 (Jun. 2025 ) + -1.786 (Dec. 2025 ) = A$-2.31 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.
White Energy Co (ASX:WEC) has a Sloan Ratio % of 11.64% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on White Energy Co and its competitors.
Is White Energy Co's Sloan Ratio % too high?
White Energy Co's current Sloan Ratio % is 11.64%. Overall, White Energy Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does White Energy Co's Sloan Ratio % compare to CNR?
White Energy Co's Sloan Ratio % of 11.64% can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Other Energy Sources company?
A good Sloan Ratio % depends on the Other Energy Sources industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on White Energy Co and its competitors. White Energy Co's current Sloan Ratio % is 11.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Energy Co stock overvalued right now?
White Energy Co (ASX:WEC) has a current Sloan Ratio % of 11.64%. The current Sloan Ratio % is 11.64%. White Energy Co's overall GF Score™ is 22/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For White Energy Co (ASX:WEC), the current Sloan Ratio % is 11.64% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
White Energy Co Ltd engages in the development and exploitation of coal technology. It operates through two main business segments: coal technology and mining exploration. The coal technology segment holds an exclusive license for a binderless coal briquetting process that upgrades lower-quality coal into higher-value briquettes suitable for power generation. The mining exploration segment focuses on exploring mineral deposits such as copper, gold, and rare earth elements across various regions in Australia. The company generates maximum revenue from the Coal Technology in Australia segment. White Energy emphasizes innovation through the use of geochemical and geophysical techniques in mineral exploration.
22GF Score
Get the complete analysis for ASX:WEC
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:WEC has been successfully added to your 
