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Brookmount Explorations (Brookmount Explorations) Sloan Ratio % : 0.00% (As of Nov. 2009)


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What is Brookmount Explorations 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.

Brookmount Explorations's Sloan Ratio for the quarter that ended in Nov. 2009 was 0.00%.

As of Nov. 2009, Brookmount Explorations has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Brookmount Explorations Sloan Ratio % Historical Data

The historical data trend for Brookmount Explorations'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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Brookmount Explorations Sloan Ratio % Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Sloan Ratio %
Get a 7-Day Free Trial -2,480.00 -2,648.00 - - -

Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Sloan Ratio % Get a 7-Day Free Trial -2,480.00 -2,648.00 - - -

Competitive Comparison of Brookmount Explorations's Sloan Ratio %

For the Gold subindustry, Brookmount Explorations'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.


Brookmount Explorations's Sloan Ratio % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Brookmount Explorations's Sloan Ratio % falls into.



Brookmount Explorations 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.

Brookmount Explorations's Sloan Ratio for the fiscal year that ended in Nov. 2009 is calculated as

Sloan Ratio=(Net Income (A: Nov. 2009 )-Cash Flow from Operations (A: Nov. 2009 )
-Cash Flow from Investing (A: Nov. 2009 ))/Total Assets (A: Nov. 2009 )
=(-0.366--0.331
-0)/0.022
=-159.09%

Brookmount Explorations's Sloan Ratio for the quarter that ended in Nov. 2009 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Nov. 2009 )
=(-0.366--0.331
-0)/0.022
=-159.09%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Brookmount Explorations's Net Income for the trailing twelve months (TTM) ended in Nov. 2009 was $-0.37 Mil.
Brookmount Explorations's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2009 was $-0.33 Mil.
Brookmount Explorations's Cash Flow from Investing for the trailing twelve months (TTM) ended in Nov. 2009 was $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.


Brookmount Explorations  (OTCPK:BMXI) 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 Nov. 2009, Brookmount Explorations has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Brookmount Explorations Sloan Ratio % Related Terms

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Brookmount Explorations (Brookmount Explorations) Business Description

Traded in Other Exchanges
N/A
Address
1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States based operator of producing gold properties in the Republic of Indonesia. It operates two gold producing properties in volcanic hosted sediment within the tropical rain forest region of Sulawesi Province in north east Indonesia.
Executives
Vic Stilwell director 16 DOUGLAS WOODS PARK S.E., CALGARY A0 T2Z 2K6
David Dadon director, 10 percent owner, officer: Chairman & Secretary 717 JERVIS STREET SUITE 2402, VANCOUVER A1 V6E 4N5