TGRO (Tiger Oil and Energy) Sloan Ratio %: 0.00% (As of Sep. 2019)

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What is Tiger Oil and Energy Sloan Ratio %?

Tiger Oil and Energy TGRO -98.00% Sloan Ratio % is 0.00% as of Sep. 2019.

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.

Tiger Oil and Energy's Sloan Ratio for the quarter that ended in Sep. 2019 was 0.00%.

As of Sep. 2019, Tiger Oil and Energy has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Tiger Oil and Energy  (OTCPK:TGRO) 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. 2019, Tiger Oil and Energy has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Tiger Oil and Energy Sloan Ratio % Related Terms


Tiger Oil and Energy Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Tiger Oil and Energy'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.

Tiger Oil and Energy Sloan Ratio % Chart

Tiger Oil and Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.32 0.00 0.00 0.00 -11,200.00

Tiger Oil and Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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

TGRO vs CLLZF, PTOI, MNGA: Sloan Ratio % Comparison

For the Oil & Gas E&P subindustry, Tiger Oil and Energy'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.


Tiger Oil and Energy Sloan Ratio % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tiger Oil and Energy's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Tiger Oil and Energy's Sloan Ratio % falls into.



Tiger Oil and Energy 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.

Tiger Oil and Energy's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-1.62--0.159
--0.005)/0.013
=-11,200.00%

Tiger Oil and Energy's Sloan Ratio for the quarter that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2019 )
=(-1.213--0.269
--0.003)/0.037
=-2,543.24%

Tiger Oil and Energy's Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was -0.01 (Dec. 2018 ) + -0.702 (Mar. 2019 ) + -0.288 (Jun. 2019 ) + -0.213 (Sep. 2019 ) = $-1.21 Mil.
Tiger Oil and Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2019 was -0.001 (Dec. 2018 ) + -0.061 (Mar. 2019 ) + -0.12 (Jun. 2019 ) + -0.087 (Sep. 2019 ) = $-0.27 Mil.
Tiger Oil and Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2019 was 0 (Dec. 2018 ) + 0 (Mar. 2019 ) + -0.003 (Jun. 2019 ) + 0 (Sep. 2019 ) = $-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?
Tiger Oil and Energy (TGRO) has a Sloan Ratio % of 0.00% as of Sep. 2019. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Tiger Oil and Energy and its competitors.
Is Tiger Oil and Energy's Sloan Ratio % too high?
Tiger Oil and Energy's current Sloan Ratio % is 0.00%.
How does Tiger Oil and Energy's Sloan Ratio % compare to CLLZF and PTOI?
Tiger Oil and Energy's Sloan Ratio % of 0.00% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Sloan Ratio % depends on the Oil & Gas 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 Tiger Oil and Energy and its competitors. Tiger Oil and Energy'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 Tiger Oil and Energy stock overvalued right now?
Tiger Oil and Energy (TGRO) 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 Tiger Oil and Energy (TGRO), the current Sloan Ratio % is 0.00% as of Sep. 2019. 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.

Tiger Oil and Energy Business Description

Industry EnergyOil & Gas
Address 123 West Nye Lane, Suite 129, Carson, NV, USA, 89706
Tiger Oil and Energy Inc is an oil and gas exploration company, engaged in the exploration, development, and re-development of oil and gas fields in the United States.