VRTHF (Indigenous Bloom Hemp) Sloan Ratio %: 0.00% (As of Feb. 2023)

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What is Indigenous Bloom Hemp Sloan Ratio %?

Indigenous Bloom Hemp VRTHF -99.93% Sloan Ratio % is 0.00% as of Feb. 2023.

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.

Indigenous Bloom Hemp's Sloan Ratio for the quarter that ended in Feb. 2023 was 0.00%.

As of Feb. 2023, Indigenous Bloom Hemp has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Indigenous Bloom Hemp  (OTCPK:VRTHF) 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 Feb. 2023, Indigenous Bloom Hemp has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Indigenous Bloom Hemp Sloan Ratio % Related Terms


Indigenous Bloom Hemp Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Sloan Ratio % Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only -144.86 -1,060.49 -11,009.09 0.00 0.00

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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

VRTHF vs ZTS: Sloan Ratio % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp Sloan Ratio % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Indigenous Bloom Hemp's Sloan Ratio % falls into.



Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Sloan Ratio for the fiscal year that ended in May. 2022 is calculated as

Sloan Ratio=(Net Income (A: May. 2022 )-Cash Flow from Operations (A: May. 2022 )
-Cash Flow from Investing (A: May. 2022 ))/Total Assets (A: May. 2022 )
=(-1.781--0.229
-0)/0.591
=-262.61%

Indigenous Bloom Hemp's Sloan Ratio for the quarter that ended in Feb. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Feb. 2023 )
=(-1.325--0.228
-0)/0.417
=-263.07%

Indigenous Bloom Hemp's Net Income for the trailing twelve months (TTM) ended in Feb. 2023 was -0.062 (Feb. 2022 ) + -1.141 (May. 2022 ) + -0.084 (Aug. 2022 ) + -0.038 (Feb. 2023 ) = $-1.33 Mil.
Indigenous Bloom Hemp's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2023 was -0.148 (Feb. 2022 ) + -0.044 (May. 2022 ) + -0.036 (Aug. 2022 ) + 0 (Feb. 2023 ) = $-0.23 Mil.
Indigenous Bloom Hemp's Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2023 was 0 (Feb. 2022 ) + 0 (May. 2022 ) + 0 (Aug. 2022 ) + 0 (Feb. 2023 ) = $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?
Indigenous Bloom Hemp (VRTHF) has a Sloan Ratio % of 0.00% as of Feb. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Indigenous Bloom Hemp and its competitors.
Is Indigenous Bloom Hemp's Sloan Ratio % too high?
Indigenous Bloom Hemp's current Sloan Ratio % is 0.00%.
How does Indigenous Bloom Hemp's Sloan Ratio % compare to ZTS?
Indigenous Bloom Hemp's Sloan Ratio % of 0.00% can be compared against companies in the Drug Manufacturers 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 a Drug Manufacturers company?
A good Sloan Ratio % depends on the Drug Manufacturers 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 Indigenous Bloom Hemp and its competitors. Indigenous Bloom Hemp'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 Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) 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 Indigenous Bloom Hemp (VRTHF), the current Sloan Ratio % is 0.00% as of Feb. 2023. 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.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.