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Searchlight Minerals (Searchlight Minerals) Sloan Ratio % : 0.00% (As of Sep. 2016)


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What is Searchlight Minerals 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.

Searchlight Minerals's Sloan Ratio for the quarter that ended in Sep. 2016 was 0.00%.

As of Sep. 2016, Searchlight Minerals has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Searchlight Minerals Sloan Ratio % Historical Data

The historical data trend for Searchlight Minerals'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.

Searchlight Minerals Sloan Ratio % Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.38 0.94 -11.28 -17.52

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 Searchlight Minerals's Sloan Ratio %

For the Other Industrial Metals & Mining subindustry, Searchlight Minerals'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.


Searchlight Minerals's Sloan Ratio % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Searchlight Minerals's Sloan Ratio % falls into.



Searchlight Minerals 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.

Searchlight Minerals's Sloan Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2015 )-Cash Flow from Operations (A: Dec. 2015 )
-Cash Flow from Investing (A: Dec. 2015 ))/Total Assets (A: Dec. 2015 )
=(-27.087--3.605
-0.453)/136.644
=-17.52%

Searchlight Minerals's Sloan Ratio for the quarter that ended in Sep. 2016 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2016 )
=(-16.062--2.75
-0)/135.943
=-9.79%

Searchlight Minerals's Net Income for the trailing twelve months (TTM) ended in Sep. 2016 was -2.21 (Dec. 2015 ) + -10.744 (Mar. 2016 ) + -1.941 (Jun. 2016 ) + -1.167 (Sep. 2016 ) = $-16.06 Mil.
Searchlight Minerals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2016 was -0.549 (Dec. 2015 ) + -0.511 (Mar. 2016 ) + -1.091 (Jun. 2016 ) + -0.599 (Sep. 2016 ) = $-2.75 Mil.
Searchlight Minerals's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2016 was 0 (Dec. 2015 ) + 0 (Mar. 2016 ) + 0 (Jun. 2016 ) + 0 (Sep. 2016 ) = $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.


Searchlight Minerals  (OTCPK:SRCH) 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. 2016, Searchlight Minerals has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Searchlight Minerals Sloan Ratio % Related Terms

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Searchlight Minerals (Searchlight Minerals) Business Description

Traded in Other Exchanges
N/A
Address
2360 West Horizon Ridge Parkway, Suite 100, Henderson, NV, USA, 89052
Searchlight Minerals Corp is a exploration-stage company. It is engaged in the slag reprocessing project and the acquisition and exploration of mineral properties at the Clarkdale Slag Project. The Clarkdale Slag Project located in Arizona is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Arizona.
Executives
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Thebes Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
John Edward Mack director P.O.BOX 1575, BRECKENRIDGE CO 80424
Thebes Partners Offshore, Ltd. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Thebes Offshore Master Fund, Lp 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Luxor Spectrum Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD, P.O. BOX 309 GT, GEORGE TOWN E9 KY1-1104
Luxor Spectrum Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 29TH FLOOR, NEW YORK NY 10036
Ian R Mcneil director, officer: CEO 3500 LAKESIDE COURT, SUITE 206, RENO NV 89509

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