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HMS Bergbau AG (XTER:HMU) Sloan Ratio % : 0.00% (As of Jun. 2023)


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What is HMS Bergbau AG 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.

HMS Bergbau AG's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

As of Jun. 2023, HMS Bergbau AG has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


HMS Bergbau AG Sloan Ratio % Historical Data

The historical data trend for HMS Bergbau AG'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.

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HMS Bergbau AG Sloan Ratio % Chart

HMS Bergbau AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.13 -2.11 2.21 -11.34 7.28

HMS Bergbau AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 HMS Bergbau AG's Sloan Ratio %

For the Thermal Coal subindustry, HMS Bergbau AG'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.


HMS Bergbau AG's Sloan Ratio % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, HMS Bergbau AG's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where HMS Bergbau AG's Sloan Ratio % falls into.



HMS Bergbau AG 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.

HMS Bergbau AG's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(10.52--1.228
-2.253)/130.472
=7.28%

HMS Bergbau AG's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(12.56-0
-0)/226.656
=5.54%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. HMS Bergbau AG's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 7.485 (Dec. 2022 ) + 5.075 (Jun. 2023 ) = €13 Mil.
HMS Bergbau AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Dec. 2022 ) + 0 (Jun. 2023 ) = €0 Mil.
HMS Bergbau AG's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0 (Dec. 2022 ) + 0 (Jun. 2023 ) = €0 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.


HMS Bergbau AG  (XTER:HMU) 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. 2023, HMS Bergbau AG has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


HMS Bergbau AG Sloan Ratio % Related Terms

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HMS Bergbau AG (XTER:HMU) Business Description

Traded in Other Exchanges
Address
An der Wuhlheide 232, Berlin, DEU, 12459
HMS Bergbau AG engages in the segment of trading of coal and energy commodities. It supplies steam coal, coking coal, and coking products, as well as ore, cement, and fertilizer, and offers transport logistic services. In addition, the company charters seagoing vessels and inland barges, organizes logistics by barge, train, or truck; and provides logistics solutions comprising harbor operations, storage management, and technical oversight. The majority of the company's revenue is carried out from Asia and Africa region.
Executives
Jens Moir Board of Directors
Dennis Schwindt Board of Directors

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