Sirius Minerals (Sirius Minerals) Sloan Ratio % : 26.83% (As of Jun. 2019)

Sirius Minerals Sloan Ratio % Chart

Sirius Minerals Annual Data
	Trend	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Dec16	Dec17	Dec18
Sloan Ratio %		Get a 7-Day Free Trial					12.43	18.41	39.97	-11.97	17.46

Sirius Minerals Semi-Annual Data
	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Sloan Ratio %	Get a 7-Day Free Trial															12.43	-10.77	2.80	16.99	26.83

Competitive Comparison of Sirius Minerals's Sloan Ratio %

For the Agricultural Inputs subindustry, Sirius 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.

Sirius Minerals's Sloan Ratio % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sirius Minerals's Sloan Ratio % distribution charts can be found below:

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

Sirius 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.

Sirius Minerals's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sirius Minerals's Sloan Ratio for the quarter that ended in Jun. 2019 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Sirius Minerals's Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was 104.81 (Dec. 2018 ) + -3.929 (Jun. 2019 ) = $100.88 Mil.
Sirius Minerals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2019 was -14.684 (Dec. 2018 ) + -13.561 (Jun. 2019 ) = $-28.25 Mil.
Sirius Minerals's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2019 was -230 (Dec. 2018 ) + -216.73 (Jun. 2019 ) = $-446.73 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.

Sirius Minerals  (OTCPK:SRUXY) 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 Jun. 2019, Sirius Minerals has a Sloan Ratio of 26.83%, indicating there is a warning stage of accrual build up.

Sirius Minerals Sloan Ratio % Related Terms

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Sirius Minerals (Sirius Minerals) Business Description