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GUELF (Global Uranium and Enrichment) Sloan Ratio % : 8.27% (As of Dec. 2024)


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What is Global Uranium and Enrichment 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.

Global Uranium and Enrichment's Sloan Ratio for the quarter that ended in Dec. 2024 was 8.27%.

As of Dec. 2024, Global Uranium and Enrichment has a Sloan Ratio of 8.27%, indicating the company is in the safe zone and there is no funny business with accruals.


Global Uranium and Enrichment Sloan Ratio % Historical Data

The historical data trend for Global Uranium and Enrichment'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.

Global Uranium and Enrichment Sloan Ratio % Chart

Global Uranium and Enrichment Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial -26.22 -2.66 -8.17 19.12 6.36

Global Uranium and Enrichment Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 8.70 19.14 17.99 6.38 8.27

Competitive Comparison of Global Uranium and Enrichment's Sloan Ratio %

For the Uranium subindustry, Global Uranium and Enrichment'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.


Global Uranium and Enrichment's Sloan Ratio % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Global Uranium and Enrichment's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Global Uranium and Enrichment's Sloan Ratio % falls into.


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Global Uranium and Enrichment 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.

Global Uranium and Enrichment's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(-1.052--1.037
--1.713)/26.71
=6.36%

Global Uranium and Enrichment's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(-2.12--1.098
--3)/23.93
=8.27%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Global Uranium and Enrichment's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -0.508 (Jun. 2024 ) + -1.612 (Dec. 2024 ) = $-2.12 Mil.
Global Uranium and Enrichment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -0.659 (Jun. 2024 ) + -0.439 (Dec. 2024 ) = $-1.10 Mil.
Global Uranium and Enrichment's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -0.904 (Jun. 2024 ) + -2.096 (Dec. 2024 ) = $-3.00 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.


Global Uranium and Enrichment  (OTCPK:GUELF) 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 Dec. 2024, Global Uranium and Enrichment has a Sloan Ratio of 8.27%, indicating the company is in the safe zone and there is no funny business with accruals.


Global Uranium and Enrichment Sloan Ratio % Related Terms

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Global Uranium and Enrichment Business Description

Traded in Other Exchanges
Address
216 St Georges Terrace, London House, Level 11, Perth, WA, AUS, 6000
Global Uranium and Enrichment Ltd Formerly Okapi Resources Ltd is a mineral exploration company with a specific focus on uranium, gold, and/or base metals exploration within Australia and North America. The company has an interest in Tallahassee Uranium Project; Rattler Uranium Project; Enmore Gold Project; Lake Johnston Project; and Crackerjack Project.