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RN-Western Siberia PJSC (MIC:CHGZ) Sloan Ratio % : 0.00% (As of Sep. 2023)


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What is RN-Western Siberia PJSC 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.

RN-Western Siberia PJSC's Sloan Ratio for the quarter that ended in Sep. 2023 was 0.00%.

As of Sep. 2023, RN-Western Siberia PJSC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


RN-Western Siberia PJSC Sloan Ratio % Historical Data

The historical data trend for RN-Western Siberia PJSC'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.

RN-Western Siberia PJSC Sloan Ratio % Chart

RN-Western Siberia PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.01 2.16 1.99 0.60 1.44

RN-Western Siberia PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Jun23 Sep23
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 - - - - -

Competitive Comparison of RN-Western Siberia PJSC's Sloan Ratio %

For the Oil & Gas E&P subindustry, RN-Western Siberia PJSC'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.


RN-Western Siberia PJSC's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, RN-Western Siberia PJSC's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where RN-Western Siberia PJSC's Sloan Ratio % falls into.



RN-Western Siberia PJSC 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.

RN-Western Siberia PJSC's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(39.683--70.254
-68.99)/2843.066
=1.44%

RN-Western Siberia PJSC's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-17.366-0
-0)/2858.405
=-0.61%

RN-Western Siberia PJSC's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Jun. 2022 ) + -8.731 (Sep. 2022 ) + 0 (Jun. 2023 ) + -8.635 (Sep. 2023 ) = ₽-17.37 Mil.
RN-Western Siberia PJSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = ₽0.00 Mil.
RN-Western Siberia PJSC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Jun. 2023 ) + 0 (Sep. 2023 ) = ₽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.


RN-Western Siberia PJSC  (MIC:CHGZ) 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. 2023, RN-Western Siberia PJSC has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


RN-Western Siberia PJSC Sloan Ratio % Related Terms

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RN-Western Siberia PJSC (MIC:CHGZ) Business Description

Traded in Other Exchanges
N/A
Address
Kuzovatkina 14 Khanty-Mansi, Autonomous Okrug-Ugra, Nizhnevartovsk, RUS, 628611

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