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.
As of Mar. 2026, Gruvaktiebolaget Viscaria has a Sloan Ratio of 27.60%, indicating there is a warning stage of accrual build up.
Gruvaktiebolaget Viscaria (CHIX:VISCs) 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, Gruvaktiebolaget Viscaria has a Sloan Ratio of 27.60%, indicating there is a warning stage of accrual build up.
Gruvaktiebolaget Viscaria Sloan Ratio % Related Terms
Gruvaktiebolaget Viscaria 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.
Gruvaktiebolaget Viscaria Sloan Ratio % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Gruvaktiebolaget Viscaria'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.
Gruvaktiebolaget Viscaria Sloan Ratio % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gruvaktiebolaget Viscaria's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Gruvaktiebolaget Viscaria's Sloan Ratio % falls into.
Gruvaktiebolaget Viscaria 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.
Gruvaktiebolaget Viscaria's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Gruvaktiebolaget Viscaria's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -21.7 (Jun. 2025 ) + -28.2 (Sep. 2025 ) + -41.4 (Dec. 2025 ) + -28.3 (Mar. 2026 ) = kr-119.60 Mil.
Gruvaktiebolaget Viscaria's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 57.6 (Jun. 2025 ) + 32.8 (Sep. 2025 ) + -64.1 (Dec. 2025 ) + -55.9 (Mar. 2026 ) = kr-29.60 Mil.
Gruvaktiebolaget Viscaria's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -239 (Jun. 2025 ) + -336.4 (Sep. 2025 ) + -333 (Dec. 2025 ) + -348.5 (Mar. 2026 ) = kr-1,256.90 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.
Gruvaktiebolaget Viscaria (CHIX:VISCS) has a Sloan Ratio % of 27.60% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Gruvaktiebolaget Viscaria and its competitors.
Is Gruvaktiebolaget Viscaria's Sloan Ratio % too high?
Gruvaktiebolaget Viscaria's current Sloan Ratio % is 27.60%. Overall, Gruvaktiebolaget Viscaria has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Gruvaktiebolaget Viscaria's Sloan Ratio % compare to competitors?
Gruvaktiebolaget Viscaria's Sloan Ratio % of 27.60% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Sloan Ratio % depends on the Metals & Mining 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 Gruvaktiebolaget Viscaria and its competitors. Gruvaktiebolaget Viscaria's current Sloan Ratio % is 27.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruvaktiebolaget Viscaria stock overvalued right now?
Gruvaktiebolaget Viscaria (CHIX:VISCS) has a current Sloan Ratio % of 27.60%. The current Sloan Ratio % is 27.60%. Gruvaktiebolaget Viscaria's overall GF Score™ is 19/100 with 1 warning sign to review. 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 Gruvaktiebolaget Viscaria (CHIX:VISCS), the current Sloan Ratio % is 27.60% 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.
Gruvaktiebolaget Viscaria is a mining company. Its operations are focused on the extraction of copper through the reopening of the Viscaria mine in Kiruna. Viscaria is a rich deposit and copper producer in Europe when mining starts. Minerals such as iron, zinc, gold, silver and cobalt are also included in the company's portfolio of resources. It operates in one operating segment, i.e. exploration for and evaluation of mineral resources. The company also holds development projects in Sweden- one in Arvidsjaur and one in Smedjebacken region.
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