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.
Clear Blue Technologies International (OTCPK:CBUTF) 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 Mar. 2026, Clear Blue Technologies International has a Sloan Ratio of -40.02%, indicating earnings are more likely to be made up of accruals.
Clear Blue Technologies International Sloan Ratio % Related Terms
Clear Blue Technologies International Sloan Ratio % Historical Data
* 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.
Clear Blue Technologies International Sloan Ratio % Chart
CBUTF vs FSLR, NXT, ENPH: Sloan Ratio % Comparison
For the Solar subindustry, Clear Blue Technologies International'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.
Clear Blue Technologies International Sloan Ratio % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Clear Blue Technologies International's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Clear Blue Technologies International's Sloan Ratio % falls into.
Clear Blue Technologies International 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.
* 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.
Clear Blue Technologies International (CBUTF) has a Sloan Ratio % of -40.02% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Clear Blue Technologies International and its competitors.
Is Clear Blue Technologies International's Sloan Ratio % too high?
Clear Blue Technologies International's current Sloan Ratio % is -40.02%.
How does Clear Blue Technologies International's Sloan Ratio % compare to FSLR and NXT?
Clear Blue Technologies International's Sloan Ratio % of -40.02% can be compared against companies in the Semiconductors 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 a Semiconductors company?
A good Sloan Ratio % depends on the Semiconductors 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 Clear Blue Technologies International and its competitors. Clear Blue Technologies International's current Sloan Ratio % is -40.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clear Blue Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Clear Blue Technologies International (CBUTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading 4.7% below its estimated fair value. The current Sloan Ratio % is -40.02%. 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 Clear Blue Technologies International (CBUTF), the current Sloan Ratio % is -40.02% as of Mar. 2026. 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.
Clear Blue Technologies International Business Description
Clear Blue Technologies International Inc is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to the power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. The Company operates in three geographical areas: Canada, the United States of America, the Middle East, and Africa.
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