SLMLF (Apex Resources) Sloan Ratio %: 0.00% (As of Dec. 2025)


What is Apex Resources Sloan Ratio %?

Apex Resources SLMLF -1.23% Sloan Ratio % is 0.00% as of Dec. 2025.

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.

Apex Resources's Sloan Ratio for the quarter that ended in Dec. 2025 was 0.00%.

As of Dec. 2025, Apex Resources has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Apex Resources  (OTCPK:SLMLF) 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. 2025, Apex Resources has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Apex Resources Sloan Ratio % Related Terms


Apex Resources Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Apex Resources'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.

Apex Resources Sloan Ratio % Chart

Apex Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.37 -7.30 -2.00 3.36 11.24

Apex Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

Apex Resources Sloan Ratio % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Apex Resources'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.


Apex Resources Sloan Ratio % vs Metals & Mining Industry

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

* The bar in red indicates where Apex Resources's Sloan Ratio % falls into.



Apex Resources 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.

Apex Resources's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2025 )-Cash Flow from Operations (A: Dec. 2025 )
-Cash Flow from Investing (A: Dec. 2025 ))/Total Assets (A: Dec. 2025 )
=(-0.246--0.212
--0.52)/4.324
=11.24%

Apex Resources's Sloan Ratio for the quarter that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2025 )
=(-0.245--0.209
-0)/4.324
=-0.83%

Apex Resources's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -0.056 (Mar. 2025 ) + -0.056 (Jun. 2025 ) + -0.053 (Sep. 2025 ) + -0.08 (Dec. 2025 ) = $-0.25 Mil.
Apex Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was -0.043 (Mar. 2025 ) + -0.034 (Jun. 2025 ) + -0.191 (Sep. 2025 ) + 0.059 (Dec. 2025 ) = $-0.21 Mil.
Apex Resources's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was 0 (Mar. 2025 ) + 0 (Jun. 2025 ) + 0 (Sep. 2025 ) + 0 (Dec. 2025 ) = $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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Apex Resources (SLMLF) has a Sloan Ratio % of 0.00% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Apex Resources and its competitors.
Is Apex Resources' Sloan Ratio % too high?
Apex Resources' current Sloan Ratio % is 0.00%.
How does Apex Resources' Sloan Ratio % compare to competitors?
Apex Resources' Sloan Ratio % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Metals & Mining company?
A good Sloan Ratio % depends on the Metals & Mining industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Apex Resources and its competitors. Apex Resources's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Resources stock overvalued right now?
Apex Resources (SLMLF) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Apex Resources (SLMLF), the current Sloan Ratio % is 0.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Apex Resources Business Description

Other Exchanges RZN1:GermanyAPX:Canada
Address 625 Howe Street, Suite 615, Vancouver, BC, CAN, V6C 2T6
Apex Resources Inc is in the exploration stage, and its principal business activity is the exploration and evaluation of mineral properties in Canada and USA. The company is in the process of exploring and evaluating its mineral properties. The company has interests in the Lithium Creek Project, the Jersey-Emerald property, and Ore Hill.