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Rambler Metals and Mining (Rambler Metals and Mining) Sloan Ratio %

: 5.68% (As of Jun. 2022) 中文
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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.

Rambler Metals and Mining's Sloan Ratio for the quarter that ended in Jun. 2022 was 5.68%.

As of Jun. 2022, Rambler Metals and Mining has a Sloan Ratio of 5.68%, indicating the company is in the safe zone and there is no funny business with accruals.


Rambler Metals and Mining Sloan Ratio % Historical Data

The historical data trend for Rambler Metals and Mining'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.

Rambler Metals and Mining Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.90 -13.55 -3.99 2.13 11.77

Rambler Metals and Mining Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only -11.76 2.13 13.68 11.77 5.68

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rambler Metals and Mining'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.


Rambler Metals and Mining Sloan Ratio % Distribution

For the Metals & Mining industry and Basic Materials sector, Rambler Metals and Mining's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Rambler Metals and Mining's Sloan Ratio % falls into.



Rambler Metals and Mining 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.

Rambler Metals and Mining's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(-13.998--11.845
--16.788)/124.32
=11.77%

Rambler Metals and Mining's Sloan Ratio for the quarter that ended in Jun. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2022 )
=(-16.149--5.919
--17.456)/127.313
=5.68%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Rambler Metals and Mining's Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was -9.244 (Dec. 2021 ) + -6.905 (Jun. 2022 ) = $-16.15 Mil.
Rambler Metals and Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2022 was -6.392 (Dec. 2021 ) + 0.473 (Jun. 2022 ) = $-5.92 Mil.
Rambler Metals and Mining's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2022 was -10.415 (Dec. 2021 ) + -7.041 (Jun. 2022 ) = $-17.46 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.


Rambler Metals and Mining  (OTCPK:RBMTF) 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. 2022, Rambler Metals and Mining has a Sloan Ratio of 5.68%, indicating the company is in the safe zone and there is no funny business with accruals.


Rambler Metals and Mining Sloan Ratio % Related Terms

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Rambler Metals and Mining (Rambler Metals and Mining) Business Description

Traded in Other Exchanges
N/A
Address
3 Sheen Road, Richmond upon Thames, Surrey, GBR, TW9 1AD
Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.

Rambler Metals and Mining (Rambler Metals and Mining) Headlines