GEGP (Gold Enterprise Group) Sloan Ratio %: 0.00% (As of Jan. 2018)

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What is Gold Enterprise Group Sloan Ratio %?

Gold Enterprise Group GEGP -90.00% Sloan Ratio % is 0.00% as of Jan. 2018.

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.

Gold Enterprise Group's Sloan Ratio for the quarter that ended in Jan. 2018 was 0.00%.

As of Jan. 2018, Gold Enterprise Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Gold Enterprise Group  (OTCPK:GEGP) 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 Jan. 2018, Gold Enterprise Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Gold Enterprise Group Sloan Ratio % Related Terms


Gold Enterprise Group Sloan Ratio % Historical Data

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The historical data trend for Gold Enterprise Group'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.

Gold Enterprise Group Sloan Ratio % Chart

Gold Enterprise Group Annual Data
Trend Jan02 Jan03 Jan04 Jan16 Jan17 Jan18
Sloan Ratio %
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Gold Enterprise Group Quarterly Data
Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 0.00 0.00 0.00 0.00 0.00

GEGP vs NTN, RLJE, TVAGF: Sloan Ratio % Comparison

For the Medical Distribution subindustry, Gold Enterprise Group'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.


Gold Enterprise Group Sloan Ratio % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Gold Enterprise Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Gold Enterprise Group's Sloan Ratio % falls into.



Gold Enterprise Group 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.

Gold Enterprise Group's Sloan Ratio for the fiscal year that ended in Jan. 2018 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2018 )-Cash Flow from Operations (A: Jan. 2018 )
-Cash Flow from Investing (A: Jan. 2018 ))/Total Assets (A: Jan. 2018 )
=(-0.026--0.011
-0)/0.002
=-750.00%

Gold Enterprise Group's Sloan Ratio for the quarter that ended in Jan. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jan. 2018 )
=(-0.024--0.011
-0)/0.002
=-650.00%

Gold Enterprise Group's Net Income for the trailing twelve months (TTM) ended in Jan. 2018 was -0.003 (Apr. 2017 ) + -0.011 (Jul. 2017 ) + -0.022 (Oct. 2017 ) + 0.012 (Jan. 2018 ) = $-0.02 Mil.
Gold Enterprise Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2018 was 0.023 (Apr. 2017 ) + -0.019 (Jul. 2017 ) + -0.011 (Oct. 2017 ) + -0.004 (Jan. 2018 ) = $-0.01 Mil.
Gold Enterprise Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2018 was 0 (Apr. 2017 ) + 0 (Jul. 2017 ) + 0 (Oct. 2017 ) + 0 (Jan. 2018 ) = $0.00 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?
Gold Enterprise Group (GEGP) has a Sloan Ratio % of 0.00% as of Jan. 2018. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Gold Enterprise Group and its competitors.
Is Gold Enterprise Group's Sloan Ratio % too high?
Gold Enterprise Group's current Sloan Ratio % is 0.00%.
How does Gold Enterprise Group's Sloan Ratio % compare to NTN and RLJE?
Gold Enterprise Group's Sloan Ratio % of 0.00% can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Sloan Ratio % depends on the Medical Distribution 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 Gold Enterprise Group and its competitors. Gold Enterprise Group'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 Gold Enterprise Group stock overvalued right now?
Gold Enterprise Group (GEGP) 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 Gold Enterprise Group (GEGP), the current Sloan Ratio % is 0.00% as of Jan. 2018. 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.

Gold Enterprise Group Business Description

Address 2412 Irwin Street, Melbourne, FL, USA, 32901
Gold Enterprise Group Inc, formerly Gold Entertainment Group Inc is engaged in the Distribution of orthopedic products. Its products include medical devices.