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BBHC (TRNX) Sloan Ratio % : 22.76% (As of Sep. 2019)


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What is BBHC 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.

BBHC's Sloan Ratio for the quarter that ended in Sep. 2019 was 22.76%.

As of Sep. 2019, BBHC has a Sloan Ratio of 22.76%, indicating there is a warning stage of accrual build up.


BBHC Sloan Ratio % Historical Data

The historical data trend for BBHC'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.

BBHC Sloan Ratio % Chart

BBHC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.08 -19.67 -57.08 -49.62 23.68

BBHC Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 2.02 23.68 28.34 20.88 22.76

Competitive Comparison of BBHC's Sloan Ratio %

For the Oil & Gas Integrated subindustry, BBHC'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.


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

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

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



BBHC 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.

BBHC's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2018 )-Cash Flow from Operations (A: Dec. 2018 )
-Cash Flow from Investing (A: Dec. 2018 ))/Total Assets (A: Dec. 2018 )
=(-15.037--9.394
--12.175)/27.586
=23.68%

BBHC's Sloan Ratio for the quarter that ended in Sep. 2019 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2019 )
=(-24.711--14.741
--20.842)/47.761
=22.76%

BBHC's Net Income for the trailing twelve months (TTM) ended in Sep. 2019 was -4.91 (Dec. 2018 ) + -6.162 (Mar. 2019 ) + -5.375 (Jun. 2019 ) + -8.264 (Sep. 2019 ) = $-24.71 Mil.
BBHC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2019 was -3.05 (Dec. 2018 ) + -3.577 (Mar. 2019 ) + -2.675 (Jun. 2019 ) + -5.439 (Sep. 2019 ) = $-14.74 Mil.
BBHC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2019 was -5.881 (Dec. 2018 ) + -11.312 (Mar. 2019 ) + -0.169 (Jun. 2019 ) + -3.48 (Sep. 2019 ) = $-20.84 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.


BBHC  (OTCPK:TRNX) 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. 2019, BBHC has a Sloan Ratio of 22.76%, indicating there is a warning stage of accrual build up.


BBHC Sloan Ratio % Related Terms

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BBHC (TRNX) Business Description

Traded in Other Exchanges
N/A
Address
300 West Clarendon Avenue, Suite 230, Phoenix, AZ, USA, 85013
BBHC Inc, formerly Taronis Technologies Inc owns a patented plasma arc technology that enable two end use applications for fuel generation and water decontamination. The company's fuel technology enables use of hydrocarbon based waste streams to be converted to fossil fuel substitutes.
Executives
Kevin Pollack director 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Scott Mahoney director, officer: CEO, President & Director 4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L. director 150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson officer: CFO P.O. BOX 8129 ASPEN CO 81612
Staunton William W Iii director
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Carla Santilli director 90 EASTWINDS CT., PALM HARBOR FL 34683
Jacques Kerrest director 7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817
Ruggero M Santilli director, 10 percent owner 35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Global Beta, Llc 10 percent owner 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689

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