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Resolute Energy (Resolute Energy) Sloan Ratio % : 1.81% (As of Sep. 2018)


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What is Resolute Energy 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.

Resolute Energy's Sloan Ratio for the quarter that ended in Sep. 2018 was 1.81%.

As of Sep. 2018, Resolute Energy has a Sloan Ratio of 1.81%, indicating the company is in the safe zone and there is no funny business with accruals.


Resolute Energy Sloan Ratio % Historical Data

The historical data trend for Resolute Energy'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.

Resolute Energy Sloan Ratio % Chart

Resolute Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 0.73 -258.67 -9.34 20.72

Resolute Energy Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 39.28 20.72 17.93 0.82 1.81

Competitive Comparison of Resolute Energy's Sloan Ratio %

For the Oil & Gas E&P subindustry, Resolute Energy'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.


Resolute Energy's Sloan Ratio % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Resolute Energy's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Resolute Energy's Sloan Ratio % falls into.



Resolute Energy 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.

Resolute Energy's Sloan Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2017 )-Cash Flow from Operations (A: Dec. 2017 )
-Cash Flow from Investing (A: Dec. 2017 ))/Total Assets (A: Dec. 2017 )
=(-1.233-137.232
--271.489)/641.922
=20.72%

Resolute Energy's Sloan Ratio for the quarter that ended in Sep. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2018 )
=(-32.223-163.837
--212.318)/897.792
=1.81%

Resolute Energy's Net Income for the trailing twelve months (TTM) ended in Sep. 2018 was -1.332 (Dec. 2017 ) + -12.857 (Mar. 2018 ) + -3.732 (Jun. 2018 ) + -14.302 (Sep. 2018 ) = $-32.22 Mil.
Resolute Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2018 was 25.282 (Dec. 2017 ) + 45.89 (Mar. 2018 ) + 14.399 (Jun. 2018 ) + 78.266 (Sep. 2018 ) = $163.84 Mil.
Resolute Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2018 was 73.852 (Dec. 2017 ) + -55.857 (Mar. 2018 ) + -119.185 (Jun. 2018 ) + -111.128 (Sep. 2018 ) = $-212.32 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.


Resolute Energy  (OTCPK:RNSGP.PFD) 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 Sep. 2018, Resolute Energy has a Sloan Ratio of 1.81%, indicating the company is in the safe zone and there is no funny business with accruals.


Resolute Energy Sloan Ratio % Related Terms

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Resolute Energy (Resolute Energy) Business Description

Traded in Other Exchanges
N/A
Address
1700 Lincoln Street, Suite 2800, Denver, CO, USA, 80203
Resolute Energy Corp is an independent oil and gas company engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The group primarily operates in Oil, Gas and Natural gas liquids division. The company's operating assets are comprised primarily of properties in the Permian Basin in west Texas and southeast New Mexico and Aneth Field located in the Paradox Basin in the southeast. Geographically all the business activities of the firm are operated through the United States of America. Resolute derives the majority of revenue from oil division.

Resolute Energy (Resolute Energy) Headlines

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