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EFLO Energy (EFLO Energy) Sloan Ratio % : -2.11% (As of May. 2015)


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What is EFLO Energy 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.

EFLO Energy's Sloan Ratio for the quarter that ended in May. 2015 was -2.11%.

As of May. 2015, EFLO Energy has a Sloan Ratio of -2.11%, indicating the company is in the safe zone and there is no funny business with accruals.


EFLO Energy Sloan Ratio % Historical Data

The historical data trend for EFLO Energy'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.

EFLO Energy Sloan Ratio % Chart

EFLO Energy Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Sloan Ratio %
Get a 7-Day Free Trial - -62.30 -6.07 14.96 -2.42

EFLO Energy Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 - -2.42 - -0.83 -2.11

Competitive Comparison of EFLO Energy's Sloan Ratio %

For the Oil & Gas E&P subindustry, EFLO Energy'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.


EFLO Energy's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EFLO Energy's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where EFLO Energy's Sloan Ratio % falls into.



EFLO Energy 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.

EFLO Energy's Sloan Ratio for the fiscal year that ended in Aug. 2014 is calculated as

Sloan Ratio=(Net Income (A: Aug. 2014 )-Cash Flow from Operations (A: Aug. 2014 )
-Cash Flow from Investing (A: Aug. 2014 ))/Total Assets (A: Aug. 2014 )
=(-4.756--2.613
--0.843)/53.819
=-2.42%

EFLO Energy's Sloan Ratio for the quarter that ended in May. 2015 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: May. 2015 )
=(-2.792--0.973
--0.712)/52.392
=-2.11%

EFLO Energy's Net Income for the trailing twelve months (TTM) ended in May. 2015 was -1.657 (Aug. 2014 ) + 0.824 (Nov. 2014 ) + -0.693 (Feb. 2015 ) + -1.266 (May. 2015 ) = $-2.79 Mil.
EFLO Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2015 was -0.523 (Aug. 2014 ) + -0.197 (Nov. 2014 ) + 0.018 (Feb. 2015 ) + -0.271 (May. 2015 ) = $-0.97 Mil.
EFLO Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in May. 2015 was -0.416 (Aug. 2014 ) + -0.212 (Nov. 2014 ) + -0.101 (Feb. 2015 ) + 0.017 (May. 2015 ) = $-0.71 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.


EFLO Energy  (OTCPK:EFLO) 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 May. 2015, EFLO Energy has a Sloan Ratio of -2.11%, indicating the company is in the safe zone and there is no funny business with accruals.


EFLO Energy Sloan Ratio % Related Terms

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EFLO Energy (EFLO Energy) Business Description

Traded in Other Exchanges
N/A
Address
EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.
Executives
Matthew J Anderson officer: CFO & Secretary 880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli 10 percent owner 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt director, officer: Chief Financial and Accounting 22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

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