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Georgina Energy (LSE:GEX) Sloan Ratio % : 0.00% (As of Jul. 2024)


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What is Georgina 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.

Georgina Energy's Sloan Ratio for the quarter that ended in Jul. 2024 was 0.00%.

As of Jul. 2024, Georgina Energy has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Georgina Energy Sloan Ratio % Historical Data

The historical data trend for Georgina 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.

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Georgina Energy Sloan Ratio % Chart

Georgina Energy Annual Data
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Georgina Energy Semi-Annual Data
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Competitive Comparison of Georgina Energy's Sloan Ratio %

For the Other Industrial Metals & Mining subindustry, Georgina 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.


Georgina Energy's Sloan Ratio % Distribution in the Metals & Mining Industry

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

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



Georgina 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.

Georgina Energy's Sloan Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2024 )-Cash Flow from Operations (A: Jan. 2024 )
-Cash Flow from Investing (A: Jan. 2024 ))/Total Assets (A: Jan. 2024 )
=(-0.243--0.236
-0)/0.016
=-43.75%

Georgina Energy's Sloan Ratio for the quarter that ended in Jul. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jul. 2024 )
=(-2.599--1.329
-0)/4.56
=-27.85%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Georgina Energy's Net Income for the trailing twelve months (TTM) ended in Jul. 2024 was 0.705 (Jan. 2024 ) + -3.304 (Jul. 2024 ) = £-2.60 Mil.
Georgina Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2024 was 0.185 (Jan. 2024 ) + -1.514 (Jul. 2024 ) = £-1.33 Mil.
Georgina Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jul. 2024 was 0 (Jan. 2024 ) + 0 (Jul. 2024 ) = £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.


Georgina Energy  (LSE:GEX) 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 Jul. 2024, Georgina Energy has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Georgina Energy Sloan Ratio % Related Terms

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Georgina Energy Business Description

Traded in Other Exchanges
N/A
Address
Level One Devonshire House, One Mayfair Place, London, GBR, W1J 8AJ
Georgina Energy PLC is a helium, hydrogen and natural resources development and production company. Its projects include the Hussar projects and EP155 mount winter project.