American Battery Technology Co (American Battery Technology Co) Sloan Ratio % : 12.82% (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is American Battery Technology Co 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.

American Battery Technology Co's Sloan Ratio for the quarter that ended in Mar. 2024 was 12.82%.

Warning Sign:

When sloan ratio (38.5)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, American Battery Technology Co has a Sloan Ratio of 12.82%, indicating earnings are more likely to be made up of accruals.

American Battery Technology Co Sloan Ratio % Historical Data

The historical data trend for American Battery Technology Co'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.

American Battery Technology Co Sloan Ratio % Chart

American Battery Technology Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Jun21

Jun22

Jun23

Sloan Ratio %

Get a 7-Day Free Trial

-1,632.69

-126.61

-15.66

38.50

American Battery Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Sloan Ratio %	Get a 7-Day Free Trial															25.73	38.51	33.19	24.30	12.82

Competitive Comparison of American Battery Technology Co's Sloan Ratio %

For the Other Industrial Metals & Mining subindustry, American Battery Technology Co'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.

American Battery Technology Co's Sloan Ratio % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Battery Technology Co's Sloan Ratio % falls into.

American Battery Technology Co 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.

American Battery Technology Co's Sloan Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sloan Ratio	=	(Net Income (A: Jun. 2023 )	-	Cash Flow from Operations (A: Jun. 2023 )
	-	Cash Flow from Investing (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2023 )
	=	(-21.338	-	-13.368
	-	-36.717)	/	74.659
	=	38.50%

American Battery Technology Co's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Mar. 2024 )
	=	(-33.617	-	-14.983
	-	-30.073)	/	89.257
	=	12.82%

American Battery Technology Co's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -7.099 (Jun. 2023 ) + -7.232 (Sep. 2023 ) + -9.291 (Dec. 2023 ) + -9.995 (Mar. 2024 ) = $-33.62 Mil.
American Battery Technology Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -2.552 (Jun. 2023 ) + -4.759 (Sep. 2023 ) + -2.66 (Dec. 2023 ) + -5.012 (Mar. 2024 ) = $-14.98 Mil.
American Battery Technology Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -18.709 (Jun. 2023 ) + -7.272 (Sep. 2023 ) + -3.596 (Dec. 2023 ) + -0.496 (Mar. 2024 ) = $-30.07 Mil.

American Battery Technology Co (NAS:ABAT) 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. 2024, American Battery Technology Co has a Sloan Ratio of 12.82%, indicating earnings are more likely to be made up of accruals.

American Battery Technology Co Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of American Battery Technology Co's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

American Battery Technology Co (American Battery Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Battery Technology Co (NAS:ABAT) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Washington Street, Suite 100, Reno, NV, USA, 89503

Website

https://www.americanbatterytechnology.com

American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.

Executives

Jesse Samuel Deutsch	officer: Chief Financial Officer	269 BOOTH LN, HAVERFORD PA 19041
Fezell Donald Richard Jr	director	PO BOX 2384, CARMEL CA 93921
Kimberly Ann Eckert	officer: Chief Financial Officer	1560 W 37TH AVE, DENVER CO 80211
Elizabeth Ann Lowery	director	275 DATE PALM RD #303, VERO BEACH FL 32963
Douglas Cole	director, officer: CEO, CFO	C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Julia Blunden	director	16765 EDGAR ST., PACIFIC PALISADES CA 90272
Sherif Marakby	director	6061 FAIRBORN DR, CANTON MI 48187
Douglas Charles Maclellan	director	11825 MAJOR STREET, CULVER CITY CA 90230
David Bruce Batstone	director	PO BOX 253, EL GRANADA CA 94018
Scott Jolcover	officer: Chief Resource Officer	PO BOX 1118, VIRGINIA CITY NV 89440
Meza Leal Andres Manuel	officer: Chief Operating Officer	202 SEAVIEW STREET, #209, MANHATTAN BEACH CA 90266
John Hunter William	director	930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
David Corsaut	officer: Chief Financial Officer	22120 SERENATA CIRCLE, BOCA RATON FL 33433
Ryan Mitchell Melsert	director, officer: Chief Technology Officer	255 N SIERRA ST, UNIT 1512, RENO NV 89501
Michael Thomas Mason	director, officer: Chief Executive Officer	142 STRATFORD AVE, GARDEN CITY NY 11530