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CES Synergies (CES Synergies) Sloan Ratio % : 0.00% (As of Mar. 2017)


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What is CES Synergies 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.

CES Synergies's Sloan Ratio for the quarter that ended in Mar. 2017 was 0.00%.

As of Mar. 2017, CES Synergies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CES Synergies Sloan Ratio % Historical Data

The historical data trend for CES Synergies'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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CES Synergies Sloan Ratio % Chart

CES Synergies Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16
Sloan Ratio %
- -124.14 3.78 -7.48 3.15

CES Synergies Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 CES Synergies's Sloan Ratio %

For the Waste Management subindustry, CES Synergies'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.


CES Synergies's Sloan Ratio % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CES Synergies's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CES Synergies's Sloan Ratio % falls into.



CES Synergies 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.

CES Synergies's Sloan Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2016 )-Cash Flow from Operations (A: Dec. 2016 )
-Cash Flow from Investing (A: Dec. 2016 ))/Total Assets (A: Dec. 2016 )
=(-0.387--0.882
-0.198)/9.42
=3.15%

CES Synergies's Sloan Ratio for the quarter that ended in Mar. 2017 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2017 )
=(-1.023--0.615
-0.169)/8.758
=-6.59%

CES Synergies's Net Income for the trailing twelve months (TTM) ended in Mar. 2017 was -0.316 (Jun. 2016 ) + -0.047 (Sep. 2016 ) + -0.256 (Dec. 2016 ) + -0.404 (Mar. 2017 ) = $-1.02 Mil.
CES Synergies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2017 was 0.036 (Jun. 2016 ) + -0.327 (Sep. 2016 ) + -0.64 (Dec. 2016 ) + 0.316 (Mar. 2017 ) = $-0.62 Mil.
CES Synergies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2017 was 0.074 (Jun. 2016 ) + 0.095 (Sep. 2016 ) + 0 (Dec. 2016 ) + 0 (Mar. 2017 ) = $0.17 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.


CES Synergies  (OTCPK:CESX) 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 Mar. 2017, CES Synergies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


CES Synergies Sloan Ratio % Related Terms

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CES Synergies (CES Synergies) Business Description

Traded in Other Exchanges
N/A
Address
39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.

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