GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Blue Sphere Corp (GREY:BLSP) » Definitions » Sloan Ratio %

Blue Sphere (Blue Sphere) Sloan Ratio % : 0.00% (As of Dec. 2018)


View and export this data going back to 2008. Start your Free Trial

What is Blue Sphere 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.

Blue Sphere's Sloan Ratio for the quarter that ended in Dec. 2018 was 0.00%.

As of Dec. 2018, Blue Sphere has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Blue Sphere Sloan Ratio % Historical Data

The historical data trend for Blue Sphere'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.

* Premium members only.

Blue Sphere Sloan Ratio % Chart

Blue Sphere Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -520.93 -127.92 18.63 4.10 -

Blue Sphere Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 - 1.35 -29.94 -35.97 -

Competitive Comparison of Blue Sphere's Sloan Ratio %

For the Utilities - Renewable subindustry, Blue Sphere'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.


Blue Sphere's Sloan Ratio % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Sphere's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Blue Sphere's Sloan Ratio % falls into.



Blue Sphere 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.

Blue Sphere's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-10.443-0
-0)/42.713
=-24.45%

Blue Sphere's Sloan Ratio for the quarter that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2018 )
=(-10.443-0.893
--0.677)/42.713
=-24.95%

Blue Sphere's Net Income for the trailing twelve months (TTM) ended in Dec. 2018 was -2.105 (Mar. 2018 ) + -5.854 (Jun. 2018 ) + -4.852 (Sep. 2018 ) + 2.368 (Dec. 2018 ) = $-10.44 Mil.
Blue Sphere's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2018 was 0.382 (Mar. 2018 ) + 0.467 (Jun. 2018 ) + 0.044 (Sep. 2018 ) + 0 (Dec. 2018 ) = $0.89 Mil.
Blue Sphere's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2018 was -0.252 (Mar. 2018 ) + -0.553 (Jun. 2018 ) + 0.128 (Sep. 2018 ) + 0 (Dec. 2018 ) = $-0.68 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.


Blue Sphere  (GREY:BLSP) 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 Dec. 2018, Blue Sphere has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Blue Sphere Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Blue Sphere's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blue Sphere (Blue Sphere) Business Description

Traded in Other Exchanges
N/A
Address
301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262
Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.
Executives
Yosef Keret officer: Chief Financial Officer 4 YEHOSHUA BEN NOON ST., HOD HASHARON L3 4523602
Ran Daniel officer: Chief Financial Officer 101 WEST 90TH STREET, NEW YORK NY 10024
Lyron L Bentovim other: Former Director 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Lazarus Israel Opportunities Fund Lllp 10 percent owner C/O IBEX GP LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Investment Partners Lllp 10 percent owner C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Dr Borenstein Ltd 10 percent owner 18 REINES ST, TEL AVIV L3 00000
Alex Weber officer: Chief Financial Officer POB - 961, NARKIS 2, KOHAV YAIR L3 44864