BLONF (CO2 Gro) Sloan Ratio %: 0.00% (As of Sep. 2023)

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What is CO2 Gro Sloan Ratio %?

CO2 Gro BLONF -99.95% Sloan Ratio % is 0.00% as of Sep. 2023.

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.

CO2 Gro's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, CO2 Gro has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CO2 Gro  (OTCPK:BLONF) 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. 2023, CO2 Gro has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CO2 Gro Sloan Ratio % Related Terms


CO2 Gro Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for CO2 Gro'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.

CO2 Gro Sloan Ratio % Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -24.02 -17.82 -44.53 -30.53

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.38 -19.06 -31.49 -34.08 0.00

BLONF vs CTVA, CF, MOS: Sloan Ratio % Comparison

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro Sloan Ratio % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Sloan Ratio % falls into.



CO2 Gro 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.

CO2 Gro's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-1.299--0.936
--0.043)/1.048
=-30.53%

CO2 Gro's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-0.894--0.564
--0.018)/0.525
=-59.43%

CO2 Gro's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was -0.175 (Sep. 2022 ) + -0.406 (Dec. 2022 ) + -0.216 (Mar. 2023 ) + -0.097 (Sep. 2023 ) = $-0.89 Mil.
CO2 Gro's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was -0.257 (Sep. 2022 ) + -0.138 (Dec. 2022 ) + -0.169 (Mar. 2023 ) + 0 (Sep. 2023 ) = $-0.56 Mil.
CO2 Gro's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was -0.008 (Sep. 2022 ) + -0.004 (Dec. 2022 ) + -0.006 (Mar. 2023 ) + 0 (Sep. 2023 ) = $-0.02 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
CO2 Gro (BLONF) has a Sloan Ratio % of 0.00% as of Sep. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on CO2 Gro and its competitors.
Is CO2 Gro's Sloan Ratio % too high?
CO2 Gro's current Sloan Ratio % is 0.00%.
How does CO2 Gro's Sloan Ratio % compare to CTVA and CF?
CO2 Gro's Sloan Ratio % of 0.00% can be compared against companies in the Agriculture 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 Agriculture company?
A good Sloan Ratio % depends on the Agriculture 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 CO2 Gro and its competitors. CO2 Gro's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CO2 Gro stock overvalued right now?
CO2 Gro (BLONF) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. 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 CO2 Gro (BLONF), the current Sloan Ratio % is 0.00% as of Sep. 2023. 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.

CO2 Gro Business Description

Address 40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 Gro Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.