Sprott Physical Uranium Trust (TSX:U.UN) Sloan Ratio % : 44.29% (As of Dec. 2022)

Sprott Physical Uranium Trust Sloan Ratio % Chart

Sprott Physical Uranium Trust Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Dec22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					29.25	-9.37	4.32	46.67	49.78

Sprott Physical Uranium Trust Semi-Annual Data
	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Dec23
Sloan Ratio %	Get a 7-Day Free Trial															13.33	5.00	36.85	44.29	-

Competitive Comparison of Sprott Physical Uranium Trust's Sloan Ratio %

For the Uranium subindustry, Sprott Physical Uranium Trust'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.

Sprott Physical Uranium Trust's Sloan Ratio % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sprott Physical Uranium Trust's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Sprott Physical Uranium Trust's Sloan Ratio % falls into.

Sprott Physical Uranium Trust 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.

Sprott Physical Uranium Trust's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sprott Physical Uranium Trust's Sloan Ratio for the quarter that ended in Dec. 2022 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Sprott Physical Uranium Trust's Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was 410.494 (Jun. 2022 ) + -183.215 (Dec. 2022 ) = C$227.28 Mil.
Sprott Physical Uranium Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2022 was -114.451 (Jun. 2022 ) + -220.858 (Dec. 2022 ) = C$-335.31 Mil.
Sprott Physical Uranium Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2022 was -1009.256 (Jun. 2022 ) + -167.989 (Dec. 2022 ) = C$-1,177.25 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.

Sprott Physical Uranium Trust  (TSX:U.UN) 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 Dec. 2022, Sprott Physical Uranium Trust has a Sloan Ratio of 44.29%, indicating earnings are more likely to be made up of accruals.

Sprott Physical Uranium Trust Sloan Ratio % Related Terms

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Sprott Physical Uranium Trust (TSX:U.UN) Business Description