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Applied Minerals (Applied Minerals) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Applied Minerals 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.

Applied Minerals's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Applied Minerals has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Applied Minerals Sloan Ratio % Historical Data

The historical data trend for Applied Minerals'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.

Applied Minerals Sloan Ratio % Chart

Applied Minerals Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -383.84 -111.87 - - -

Applied Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of Applied Minerals's Sloan Ratio %

For the Other Industrial Metals & Mining subindustry, Applied Minerals'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.


Applied Minerals's Sloan Ratio % Distribution in the Metals & Mining Industry

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

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



Applied Minerals 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.

Applied Minerals'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 )
=(-3.283--1.112
-0)/1.178
=-184.30%

Applied Minerals's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(-2.282--1.578
-0)/1.674
=-42.05%

Applied Minerals's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was -0.583 (Dec. 2021 ) + -1.116 (Mar. 2022 ) + -0.774 (Jun. 2022 ) + 0.191 (Sep. 2022 ) = $-2.28 Mil.
Applied Minerals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.138 (Dec. 2021 ) + -0.171 (Mar. 2022 ) + -0.035 (Jun. 2022 ) + -1.234 (Sep. 2022 ) = $-1.58 Mil.
Applied Minerals's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $0.00 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.


Applied Minerals  (OTCPK:AMNL) 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. 2022, Applied Minerals has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Applied Minerals Sloan Ratio % Related Terms

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Applied Minerals (Applied Minerals) Business Description

Traded in Other Exchanges
N/A
Address
1200 Silver City Road, PO Box 432, Eureka, UT, USA, 84628
Applied Minerals Inc is an exploration-stage company engaged in the production of halloysite clay and natural iron oxide solutions based in the United States. The company owns and operates the Dragon Mine in Utah, from which it extracts, processes and markets halloysite clay and iron oxide which is sold to various markets. It sells halloysite and Iron Oxide under the DRAGONITE and AMIRON brand respectively.
Executives
Geoffrey Gates Scott director C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Ibs Turnaround Fund (qp) (a Ltd Partnership) 10 percent owner ONE INTERNATIONAL PLACE, SUITE 3120, BOSTON MA 02110
Andre Zeitoun director, officer: President and CEO 630 EAST MULLAN AVENUE, OSBURN ID 83849
Zamani Ali director 110 GREENE STREET, NEW YORK NY 10012
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Mario Concha director 110 GREENE STREET, SUITE 1101, NEW YORK NY 10012
Michael Barry director 500 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10004
Kingdon Gp, Llc 10 percent owner 157 WEST 57TH STREET, 50TH FLOOR, NEW YORK NY 10019
M. Kingdon Offshore Master Fund L.p. 10 percent owner C/O OGIER GLOBAL (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9009
Kingdon Capital Management, L.l.c. 10 percent owner 152 WEST 57TH STREET, 50TH FLOOR, NEW YORK NY 10019
James Berylson 10 percent owner C/O BERYLSON CAPITAL PARTNERS, LLC, 200 CLARENDON STREET, 50TH FLOOR, BOSTON MA 02116
Mark E Kingdon 10 percent owner
Christopher T Carney officer: Interim CFO 110 GREENE ST. #1101, NEW YORK NY 10012
Ibs Capital Llc 10 percent owner ONE INTERNATIONAL PLACE, 31ST FLOOR, BOSTON MA 02110
David A Taft director ONE INTERNATIONAL PLACE, 31ST FLOOR, BOSTON MA 02110