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Extreme Biodiesel (Extreme Biodiesel) Sloan Ratio % : 0.00% (As of Jun. 2012)


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What is Extreme Biodiesel 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.

Extreme Biodiesel's Sloan Ratio for the quarter that ended in Jun. 2012 was 0.00%.

As of Jun. 2012, Extreme Biodiesel has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Extreme Biodiesel Sloan Ratio % Historical Data

The historical data trend for Extreme Biodiesel'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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Extreme Biodiesel Sloan Ratio % Chart

Extreme Biodiesel Annual Data
Trend Jun09 Jun10 Jun11
Sloan Ratio %
- -15.51 -11.11

Extreme Biodiesel Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Sloan Ratio % - -15.51 -11.11 -

Competitive Comparison of Extreme Biodiesel's Sloan Ratio %

For the Real Estate - Development subindustry, Extreme Biodiesel'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.


Extreme Biodiesel's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Extreme Biodiesel's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Extreme Biodiesel's Sloan Ratio % falls into.



Extreme Biodiesel 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.

Extreme Biodiesel's Sloan Ratio for the fiscal year that ended in Jun. 2011 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2011 )-Cash Flow from Operations (A: Jun. 2011 )
-Cash Flow from Investing (A: Jun. 2011 ))/Total Assets (A: Jun. 2011 )
=(-0.498--0.387
--0.022)/0.801
=-11.11%

Extreme Biodiesel's Sloan Ratio for the quarter that ended in Jun. 2012 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2012 )
=(-0.498--0.387
--0.022)/0.674
=-13.20%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Extreme Biodiesel's Net Income for the trailing twelve months (TTM) ended in Jun. 2012 was $-0.50 Mil.
Extreme Biodiesel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2012 was $-0.39 Mil.
Extreme Biodiesel's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2012 was $-0.02 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.


Extreme Biodiesel  (OTCPK:XTRM) 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. 2012, Extreme Biodiesel has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Extreme Biodiesel Sloan Ratio % Related Terms

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Extreme Biodiesel (Extreme Biodiesel) Business Description

Traded in Other Exchanges
N/A
Address
153 West Lake Mead Parkway, Suite 2240, Henderson, NV, USA, 89015
Extreme Biodiesel Inc is engaged in the acquisition, development and sales of residential real estate in Idaho.
Executives
Joseph Jay Spadafore director, officer: SECRETARY 20315 AVENIDA DE ARBOLES, MURRIETA CA 92562
Richard Brian Carter director, officer: PRESIDENT 2721 VIA VISTOSA, SAN CLEMENTE CA 92675
Frank Rossana 10 percent owner 1350 W HORIZON RIDGE DR. #1922, HENDERSON NV 89014
Steve Hayden 10 percent owner 1560 MAPLE STREET, CARONA CA 92880
Ronald Davis 10 percent owner 4412 8TH STREET SW, VERO BEACH FL 32968

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