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EQM Technologies & Energy (EQM Technologies & Energy) Sloan Ratio % : 3.55% (As of Jun. 2014)


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What is EQM Technologies & 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.

EQM Technologies & Energy's Sloan Ratio for the quarter that ended in Jun. 2014 was 3.55%.

As of Jun. 2014, EQM Technologies & Energy has a Sloan Ratio of 3.55%, indicating the company is in the safe zone and there is no funny business with accruals.


EQM Technologies & Energy Sloan Ratio % Historical Data

The historical data trend for EQM Technologies & 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.

EQM Technologies & Energy Sloan Ratio % Chart

EQM Technologies & Energy Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec13
Sloan Ratio %
10.84 -24.69 -2.29 -5.00 -16.58

EQM Technologies & Energy Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -23.42 -29.80 -16.58 -7.83 3.55

Competitive Comparison of EQM Technologies & Energy's Sloan Ratio %

For the Waste Management subindustry, EQM Technologies & 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.


EQM Technologies & Energy's Sloan Ratio % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, EQM Technologies & Energy's Sloan Ratio % distribution charts can be found below:

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



EQM Technologies & 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.

EQM Technologies & Energy's Sloan Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2013 )-Cash Flow from Operations (A: Dec. 2013 )
-Cash Flow from Investing (A: Dec. 2013 ))/Total Assets (A: Dec. 2013 )
=(-1.924--2.421
-4.843)/26.209
=-16.58%

EQM Technologies & Energy's Sloan Ratio for the quarter that ended in Jun. 2014 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2014 )
=(-2.035--4.062
-1.189)/23.631
=3.55%

EQM Technologies & Energy's Net Income for the trailing twelve months (TTM) ended in Jun. 2014 was -2.078 (Sep. 2013 ) + 1.682 (Dec. 2013 ) + -1.295 (Mar. 2014 ) + -0.344 (Jun. 2014 ) = $-2.04 Mil.
EQM Technologies & Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2014 was -1.452 (Sep. 2013 ) + -1.041 (Dec. 2013 ) + 0.812 (Mar. 2014 ) + -2.381 (Jun. 2014 ) = $-4.06 Mil.
EQM Technologies & Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2014 was -0.014 (Sep. 2013 ) + -0.01 (Dec. 2013 ) + 1.242 (Mar. 2014 ) + -0.029 (Jun. 2014 ) = $1.19 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.


EQM Technologies & Energy  (OTCPK:EQTE) 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. 2014, EQM Technologies & Energy has a Sloan Ratio of 3.55%, indicating the company is in the safe zone and there is no funny business with accruals.


EQM Technologies & Energy Sloan Ratio % Related Terms

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EQM Technologies & Energy (EQM Technologies & Energy) Business Description

Traded in Other Exchanges
N/A
Address
1800 Carillon Boulevard, Cincinnati, OH, USA, 45240
EQM Technologies & Energy Inc is an environmental, engineering consulting and services company. The firm through its subsidiary provides environmental consulting, engineering and compliance, and remediation and construction management services. The company serves a diverse set of markets including automotive, chemical, food and beverage, pharmaceutical, and also federal sector.
Executives
Daniel Raynor 10 percent owner
Jon Colin director, officer: Interim CEO 1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653

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