EVSP (Environmental Service Professionals) Sloan Ratio %: 0.00% (As of Sep. 2009)

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What is Environmental Service Professionals Sloan Ratio %?

Environmental Service Professionals EVSP Sloan Ratio % is 0.00% as of Sep. 2009.

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.

Environmental Service Professionals's Sloan Ratio for the quarter that ended in Sep. 2009 was 0.00%.

As of Sep. 2009, Environmental Service Professionals has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Environmental Service Professionals  (OTCPK:EVSP) 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 Sep. 2009, Environmental Service Professionals has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.

Environmental Service Professionals Sloan Ratio % Related Terms

Environmental Service Professionals Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Environmental Service Professionals'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.

Environmental Service Professionals Sloan Ratio % Chart

Environmental Service Professionals Annual Data
Trend Jan98 Jan99 Jan00 Dec01 Dec02 Dec04 Dec05 Dec06 Dec07 Dec08
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -1,031.97 -687.26

Environmental Service Professionals Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.00 0.00 0.00 0.00 0.00

EVSP vs PRZM, NNUP, EXCC: Sloan Ratio % Comparison

For the Waste Management subindustry, Environmental Service Professionals'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.

Environmental Service Professionals Sloan Ratio % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Environmental Service Professionals's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Environmental Service Professionals's Sloan Ratio % falls into.


Environmental Service Professionals 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.

Environmental Service Professionals's Sloan Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2008 )-Cash Flow from Operations (A: Dec. 2008 )
-Cash Flow from Investing (A: Dec. 2008 ))/Total Assets (A: Dec. 2008 )
=(-7.212--1.371
-1.011)/0.997
=-687.26%

Environmental Service Professionals's Sloan Ratio for the quarter that ended in Sep. 2009 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2009 )
=(-3.009--0.535
-1.011)/0.941
=-370.35%

Environmental Service Professionals's Net Income for the trailing twelve months (TTM) ended in Sep. 2009 was -0.204 (Dec. 2008 ) + -0.827 (Mar. 2009 ) + -0.751 (Jun. 2009 ) + -1.227 (Sep. 2009 ) = $-3.01 Mil.
Environmental Service Professionals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2009 was -0.074 (Dec. 2008 ) + -0.14 (Mar. 2009 ) + -0.106 (Jun. 2009 ) + -0.215 (Sep. 2009 ) = $-0.54 Mil.
Environmental Service Professionals's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2009 was 1.011 (Dec. 2008 ) + 0 (Mar. 2009 ) + 0 (Jun. 2009 ) + 0 (Sep. 2009 ) = $1.01 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Environmental Service Professionals (EVSP) has a Sloan Ratio % of 0.00% as of Sep. 2009. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Environmental Service Professionals and its competitors.
Is Environmental Service Professionals' Sloan Ratio % too high?
Environmental Service Professionals' current Sloan Ratio % is 0.00%.
How does Environmental Service Professionals' Sloan Ratio % compare to PRZM and NNUP?
Environmental Service Professionals' Sloan Ratio % of 0.00% can be compared against companies in the Waste Management 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 Waste Management company?
A good Sloan Ratio % depends on the Waste Management 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 Environmental Service Professionals and its competitors. Environmental Service Professionals's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Environmental Service Professionals stock overvalued right now?
Environmental Service Professionals (EVSP) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. 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 Environmental Service Professionals (EVSP), the current Sloan Ratio % is 0.00% as of Sep. 2009. 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.

Environmental Service Professionals Business Description

Address 810 N. Farrell Drive, Palm Springs, CA, USA, 92262
Environmental Service Professionals Inc is in the moisture inspection/indoor air quality industry. ESP owns and operates a comprehensive suite of businesses dealing with energy efficiency, environmental issues and resolving environmentally sensitive problems in both residential and commercial markets. ESP offers various inspection services that include energy/efficiency audits for home and commercial property, focused on indoor air quality inspections for toxins including mold, moisture intrusion, radon, lead, VOCís and other pollutants that have an acute and chronic negative impact on the indoor environment and occupant health.