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VRDR (Verde Resources) Sloan Ratio % : -4.03% (As of Dec. 2024)


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What is Verde Resources 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.

Verde Resources's Sloan Ratio for the quarter that ended in Dec. 2024 was -4.03%.

As of Dec. 2024, Verde Resources has a Sloan Ratio of -4.03%, indicating the company is in the safe zone and there is no funny business with accruals.


Verde Resources Sloan Ratio % Historical Data

The historical data trend for Verde 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.

* Premium members only.

Verde Resources Sloan Ratio % Chart

Verde Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -195.35 0.78 -2.98 -5.03 2.17

Verde Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 1.37 -4.03

Competitive Comparison of Verde Resources's Sloan Ratio %

For the Agricultural Inputs subindustry, Verde 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.


Verde Resources's Sloan Ratio % Distribution in the Agriculture Industry

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

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


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Verde 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.

Verde Resources's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(-3.188--2.042
--2.017)/40.161
=2.17%

Verde Resources's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(-4.451--2.159
--0.691)/39.746
=-4.03%

Verde Resources's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -0.866 (Mar. 2024 ) + -1.246 (Jun. 2024 ) + 0.355 (Sep. 2024 ) + -2.694 (Dec. 2024 ) = $-4.45 Mil.
Verde Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -0.537 (Mar. 2024 ) + -0.679 (Jun. 2024 ) + -0.437 (Sep. 2024 ) + -0.506 (Dec. 2024 ) = $-2.16 Mil.
Verde Resources's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -0.015 (Mar. 2024 ) + -2 (Jun. 2024 ) + 1.291 (Sep. 2024 ) + 0.033 (Dec. 2024 ) = $-0.69 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.


Verde Resources  (OTCPK:VRDR) 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. 2024, Verde Resources has a Sloan Ratio of -4.03%, indicating the company is in the safe zone and there is no funny business with accruals.


Verde Resources Sloan Ratio % Related Terms

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Verde Resources Business Description

Traded in Other Exchanges
N/A
Address
8112 Maryland Avenue, Suite 400, St. Louis, MO, USA, 63105
Verde Resources Inc is a US-based company. The company currently is engaged in the production and distribution of renewable commodities, distribution of THC-free cannabinoid (CBD) products, and real property holding. The company has three operating segments, Production and distribution of renewable commodities; Holding of real property; and Licensor of proprietary pyrolysis technology. It generates the majority of its revenue from the Production and distribution of renewable commodities segment.
Executives
Oil Berhad Borneo 10 percent owner 1ST AND 2ND FLOOR, VICTORIA POINT,, JALAN OKK AWANG BESAR, W. P. LABUAN N8 87007
Borneo Oil & Gas Corp Sdn Bhd 10 percent owner 17TH FLOOR, MENARA HAP SENG, NO. 1 & 3, JALAN P. RAMLEE, KUALA LUMPUR N8 50250
Ming Ding Wu director, 10 percent owner, officer: President UNIT 1503, 15/F, THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
All Fine Holdings Ltd 10 percent owner UNIT 1503, 15/F., THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
Michael Stiege director, 10 percent owner 905 VENTURE WAY, MILL VALLEY CA 94941
Stephen Spalding director, 10 percent owner, officer: Pres., CEO, Tres., Sec. 905 VENTURE WAY, MILL VALLEY CA 94941
Kukulcan Diversified Corp. 10 percent owner PO BOX 1405, LOS ALTOS CA 94023