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MainStreetChamber Holdings (MainStreetChamber Holdings) Sloan Ratio % : 0.00% (As of Dec. 2022)


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What is MainStreetChamber Holdings 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.

MainStreetChamber Holdings's Sloan Ratio for the quarter that ended in Dec. 2022 was 0.00%.

As of Dec. 2022, MainStreetChamber Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


MainStreetChamber Holdings Sloan Ratio % Historical Data

The historical data trend for MainStreetChamber Holdings'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.

MainStreetChamber Holdings Sloan Ratio % Chart

MainStreetChamber Holdings Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -600.00 - 98.60

MainStreetChamber Holdings Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 MainStreetChamber Holdings's Sloan Ratio %

For the Oil & Gas E&P subindustry, MainStreetChamber Holdings'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.


MainStreetChamber Holdings's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MainStreetChamber Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where MainStreetChamber Holdings's Sloan Ratio % falls into.



MainStreetChamber Holdings 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.

MainStreetChamber Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-0.065--0.065
--0.212)/0.215
=98.60%

MainStreetChamber Holdings's Sloan Ratio for the quarter that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2022 )
=(-0.065--0.065
-0)/0.215
=0.00%

MainStreetChamber Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was 0 (Mar. 2022 ) + -0.007 (Jun. 2022 ) + -0.031 (Sep. 2022 ) + -0.027 (Dec. 2022 ) = $-0.07 Mil.
MainStreetChamber Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2022 was 0 (Mar. 2022 ) + -0.007 (Jun. 2022 ) + -0.031 (Sep. 2022 ) + -0.027 (Dec. 2022 ) = $-0.07 Mil.
MainStreetChamber Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2022 was 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) + 0 (Dec. 2022 ) = $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.


MainStreetChamber Holdings  (OTCPK:MSCH) 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. 2022, MainStreetChamber Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


MainStreetChamber Holdings Sloan Ratio % Related Terms

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MainStreetChamber Holdings (MainStreetChamber Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3753 Howard Hughes Parkway, Suite 200-1220, Las Vegas, NV, USA, 89169
MainStreetChamber Holdings Inc formerly Walker Lane Exploration Inc is involved in the business activity of acquiring other business entities for the purpose of helping them grow in their respective market and operations. The clients of the company include Aloha Laundry Life, Final Mile Technologies, Kathy Ireland Kids and others.
Executives
Huntley Barr Andrews 10 percent owner, other: CEO of Subsidiary 975A ELGIN ST. WEST, SUITE 413, COBOURG A6 K9A 5J3
Ted Riley Sharp director, officer: CFO 714 WHISPERWOOD COURT, NAMPA ID 83686
Eric Stevenson 10 percent owner, officer: VP Business Development 4098 QUINN DRIVE, CARSON CITY NV 89701
Steven Kendall Jones director, 10 percent owner, officer: President 14674 GOLD RUN DRIVE, RENO NV 89521
Keith Adrian Simon director, officer: Secretary-Treasurer 963 CHIP CREEK COURT, MINDEN NV 89423
Thomas Mancuso director 1421 SANDIA COURT, RENO NV 89523
Trevor A Moss director 3645 CROWN HILL DRIVE, SANTA ROSA CA 95404
Sje Mining Llc 10 percent owner, other: 70% owner 205 RED WING DRIVE, DAYTON NV 89403
Barbara Jean Erdmann officer: Corporate Secretary 23537 WINDOM ST, WEST HILLS CA 91304
Leon Caldwell director, officer: President/CFO 12021 WILSHIRE BLVD 535, LOS ANGELES CA 90025

MainStreetChamber Holdings (MainStreetChamber Holdings) Headlines