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JUPGF (Atlas Critical Minerals) Sloan Ratio % : -29.90% (As of Dec. 2024)


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What is Atlas Critical Minerals 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.

Atlas Critical Minerals's Sloan Ratio for the quarter that ended in Dec. 2024 was -29.90%.

Warning Sign:

When sloan ratio (-29.9)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2024, Atlas Critical Minerals has a Sloan Ratio of -29.90%, indicating earnings are more likely to be made up of accruals.


Atlas Critical Minerals Sloan Ratio % Historical Data

The historical data trend for Atlas Critical Minerals'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.

Atlas Critical Minerals Sloan Ratio % Chart

Atlas Critical Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only 25.08 -211.54 -141.77 - -29.90

Atlas Critical Minerals Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only 25.08 -211.54 -141.77 - -29.90

Competitive Comparison of Atlas Critical Minerals's Sloan Ratio %

For the Gold subindustry, Atlas Critical Minerals'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.


Atlas Critical Minerals's Sloan Ratio % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlas Critical Minerals's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Atlas Critical Minerals's Sloan Ratio % falls into.



Atlas Critical Minerals 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.

Atlas Critical Minerals's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(-1.713--0.847
--0.154)/2.381
=-29.90%

Atlas Critical Minerals'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 )
=(-1.713--0.847
--0.154)/2.381
=-29.90%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Atlas Critical Minerals's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-1.71 Mil.
Atlas Critical Minerals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.85 Mil.
Atlas Critical Minerals's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.15 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.


Atlas Critical Minerals  (OTCPK:JUPGF) 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, Atlas Critical Minerals has a Sloan Ratio of -29.90%, indicating earnings are more likely to be made up of accruals.


Atlas Critical Minerals Sloan Ratio % Related Terms

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Atlas Critical Minerals Business Description

Traded in Other Exchanges
N/A
Address
Rua Antonio de Albuquerque, No. 156, 17th Floor, Belo Horizonte, MG, BRA, 30.112-010
Atlas Critical Minerals Corporation, is a mineral exploration and development company focused on critical minerals projects and properties in Brazil. The company's portfolio principally includes mineral properties for rare earths, graphite, titanium, copper, uranium, and nickel. It also owns mineral rights for iron ore, quartzite, gold, and diamond properties. The company's project portfolio includes the Alto Paranaiba, Malacacheta, Arcos, Goias, Tocantins, Rio Piracicaba, and other projects.