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.
Nuclear Fuels's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.00%.
As of Dec. 2024, Nuclear Fuels has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Nuclear Fuels Sloan Ratio % Historical Data
The historical data trend for Nuclear Fuels'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.
Competitive Comparison of Nuclear Fuels's Sloan Ratio %
For the Uranium subindustry, Nuclear Fuels'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.
Nuclear Fuels's Sloan Ratio % Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Nuclear Fuels's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Nuclear Fuels's Sloan Ratio % falls into.
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.
Nuclear Fuels's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as
Nuclear Fuels's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -1.963 (Mar. 2024 ) + -1.544 (Jun. 2024 ) + -3.433 (Sep. 2024 ) + -1.525 (Dec. 2024 ) = $-8.47 Mil.
Nuclear Fuels's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -1.415 (Mar. 2024 ) + -1.41 (Jun. 2024 ) + -2.825 (Sep. 2024 ) + -1.883 (Dec. 2024 ) = $-7.53 Mil.
Nuclear Fuels's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -0.624 (Mar. 2024 ) + 0.595 (Jun. 2024 ) + 0 (Sep. 2024 ) + -0.097 (Dec. 2024 ) = $-0.13 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.
Nuclear Fuels (OTCPK:NFUNF) 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.
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, Nuclear Fuels has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Nuclear Fuels Sloan Ratio % Related Terms
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Nuclear Fuels Inc is a well-funded early-stage exploration company focused on high-grade heavy rare earth elements (REE) and uranium targets in Labrador Canada, as well as district-scale uranium projects with known current and historical 43-101 ISR (In-Situ Recovery) amenable uranium resources in the United States. It holds an option to acquire the LAB Critical Metals property located in Labrador; the largest ISR uranium exploration project in the premiere ISR state: Wyoming, USA and other projects in the United States.
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