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SVROF (Silver Predator) Sloan Ratio % : 0.00% (As of Sep. 2024)


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What is Silver Predator 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.

Silver Predator's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

As of Sep. 2024, Silver Predator has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Silver Predator Sloan Ratio % Historical Data

The historical data trend for Silver Predator'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.

Silver Predator Sloan Ratio % Chart

Silver Predator Annual Data
Trend May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.85 3.50 -14.33 50.77 -15.58

Silver Predator Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Silver Predator's Sloan Ratio %

For the Silver subindustry, Silver Predator'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.


Silver Predator's Sloan Ratio % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Predator's Sloan Ratio % falls into.



Silver Predator 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.

Silver Predator's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(0.156--0.168
-0.78)/2.926
=-15.58%

Silver Predator's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(-0.01--0.147
--0.098)/3.308
=7.10%

Silver Predator's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -0.011 (Dec. 2023 ) + -0.004 (Mar. 2024 ) + 0.018 (Jun. 2024 ) + -0.013 (Sep. 2024 ) = $-0.01 Mil.
Silver Predator's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -0.045 (Dec. 2023 ) + -0.01 (Mar. 2024 ) + -0.053 (Jun. 2024 ) + -0.039 (Sep. 2024 ) = $-0.15 Mil.
Silver Predator's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Dec. 2023 ) + 0 (Mar. 2024 ) + -0.05 (Jun. 2024 ) + -0.048 (Sep. 2024 ) = $-0.10 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.


Silver Predator  (OTCPK:SVROF) 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. 2024, Silver Predator has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Silver Predator Sloan Ratio % Related Terms

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Silver Predator Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Toronto, ON, CAN, V6C 2X8
Silver Predator Corp is Canadian based junior mineral exploration company with a portfolio of precious metal exploration projects located in various mineral trends in Nevada and a copper-silver exploration project in the world class Silver Valley District of Northern Idaho. The company owns the Copper King project, located in the eastern portion of the famous Coeur d' Alene Silver District near Mullan, ID, the Taylor silver project near Ely, NV, and the Cordero, Cornucopia, and Treasure Hill properties in Nevada. It operates in a single segment, which is the exploration and development of resource properties.

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