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Central Energy Partners LP (Central Energy Partners LP) Sloan Ratio % : -14.92% (As of Jun. 2015)


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What is Central Energy Partners LP 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.

Central Energy Partners LP's Sloan Ratio for the quarter that ended in Jun. 2015 was -14.92%.

As of Jun. 2015, Central Energy Partners LP has a Sloan Ratio of -14.92%, indicating there is a warning stage of accrual build up.


Central Energy Partners LP Sloan Ratio % Historical Data

The historical data trend for Central Energy Partners LP'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.

Central Energy Partners LP Sloan Ratio % Chart

Central Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.27 -32.50 -28.69 14.67 13.17

Central Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.17 13.12 0.57 -14.92 -

Competitive Comparison of Central Energy Partners LP's Sloan Ratio %

For the Oil & Gas Midstream subindustry, Central Energy Partners LP'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.


Central Energy Partners LP's Sloan Ratio % Distribution in the Oil & Gas Industry

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

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



Central Energy Partners LP 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.

Central Energy Partners LP's Sloan Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2014 )-Cash Flow from Operations (A: Dec. 2014 )
-Cash Flow from Investing (A: Dec. 2014 ))/Total Assets (A: Dec. 2014 )
=(-0.568--0.777
--0.874)/8.224
=13.17%

Central Energy Partners LP's Sloan Ratio for the quarter that ended in Jun. 2015 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2015 )
=(-2.412--1.514
-0.207)/7.406
=-14.92%

Central Energy Partners LP's Net Income for the trailing twelve months (TTM) ended in Jun. 2015 was -0.266 (Sep. 2014 ) + 0.512 (Dec. 2014 ) + -1.324 (Mar. 2015 ) + -1.334 (Jun. 2015 ) = $-2.41 Mil.
Central Energy Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2015 was 1.184 (Sep. 2014 ) + -1.54 (Dec. 2014 ) + -0.184 (Mar. 2015 ) + -0.974 (Jun. 2015 ) = $-1.51 Mil.
Central Energy Partners LP's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2015 was -0.377 (Sep. 2014 ) + -0.074 (Dec. 2014 ) + -0.022 (Mar. 2015 ) + 0.68 (Jun. 2015 ) = $0.21 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.


Central Energy Partners LP  (GREY:ENGY) 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 Jun. 2015, Central Energy Partners LP has a Sloan Ratio of -14.92%, indicating there is a warning stage of accrual build up.


Central Energy Partners LP Sloan Ratio % Related Terms

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Central Energy Partners LP (Central Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205
Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.
Executives
Alan D Bell director C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Ian T Bothwell officer: EVP, CFO & Secretary 77 530 ENFIELD LANE, BLDG D, PALM DESERT CA 92211
David M. Laney director 901 MAIN STREET, SUITE 3601, DALLAS TX 75202
Jerry V Swank director 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Daniel L Spears director C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206
Imad K. Anbouba director, officer: General Partner 10440 N CENTRAL EXPWAY, SUITE 1010, DALLAS TX 75231
Cushing Mlp Opportunity Fund I, Lp 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Cushing Mlp Asset Management, Lp 10 percent owner 600 NORTH PEARL STREET, SUITE 1205, DALLAS TX 75201
Swank Capital, Llc 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225

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