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CGS International (CGS International) Sloan Ratio % : 0.00% (As of Jul. 2022)


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What is CGS International 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.

CGS International's Sloan Ratio for the quarter that ended in Jul. 2022 was 0.00%.

As of Jul. 2022, CGS International has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CGS International Sloan Ratio % Historical Data

The historical data trend for CGS International'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.

CGS International Sloan Ratio % Chart

CGS International Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -122,518.48

CGS International Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 - - - - -

Competitive Comparison of CGS International's Sloan Ratio %

For the Agricultural Inputs subindustry, CGS 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.


CGS International's Sloan Ratio % Distribution in the Agriculture Industry

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

* The bar in red indicates where CGS International's Sloan Ratio % falls into.



CGS 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.

CGS International's Sloan Ratio for the fiscal year that ended in Apr. 2022 is calculated as

Sloan Ratio=(Net Income (A: Apr. 2022 )-Cash Flow from Operations (A: Apr. 2022 )
-Cash Flow from Investing (A: Apr. 2022 ))/Total Assets (A: Apr. 2022 )
=(-112.954--0.171
--0.066)/0.092
=-122,518.48%

CGS International's Sloan Ratio for the quarter that ended in Jul. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jul. 2022 )
=(-113.447--0.208
-0)/0.074
=-153,025.68%

CGS International's Net Income for the trailing twelve months (TTM) ended in Jul. 2022 was -94.761 (Oct. 2021 ) + -0.035 (Jan. 2022 ) + -18.127 (Apr. 2022 ) + -0.524 (Jul. 2022 ) = $-113.45 Mil.
CGS International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2022 was -0.024 (Oct. 2021 ) + -0.039 (Jan. 2022 ) + -0.079 (Apr. 2022 ) + -0.066 (Jul. 2022 ) = $-0.21 Mil.
CGS International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jul. 2022 was 0 (Oct. 2021 ) + 0 (Jan. 2022 ) + 0 (Apr. 2022 ) + 0 (Jul. 2022 ) = $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.


CGS International  (OTCPK:CGSI) 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 Jul. 2022, CGS International has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CGS International Sloan Ratio % Related Terms

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CGS International (CGS International) Business Description

Traded in Other Exchanges
N/A
Address
1111 South Room Street, Suite 100, Carson City, NV, USA, 89702
CGS International Inc is engaged in the manufacturing, sales, marketing, and distribution of its commercial agriproduct. Its product includes GENESIS 89 and GENESIS 89 GOLD.