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Cheetah Canyon Resources (Cheetah Canyon Resources) Sloan Ratio % : 0.00% (As of Sep. 2018)


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What is Cheetah Canyon Resources 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.

Cheetah Canyon Resources's Sloan Ratio for the quarter that ended in Sep. 2018 was 0.00%.

As of Sep. 2018, Cheetah Canyon Resources has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Cheetah Canyon Resources Sloan Ratio % Historical Data

The historical data trend for Cheetah Canyon Resources'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.

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Cheetah Canyon Resources Sloan Ratio % Chart

Cheetah Canyon Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Sloan Ratio %
Get a 7-Day Free Trial -91.42 -60.15 13.27 -46,414.29 44.44

Cheetah Canyon Resources 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 - - - - -

Competitive Comparison of Cheetah Canyon Resources's Sloan Ratio %

For the Oil & Gas E&P subindustry, Cheetah Canyon Resources'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.


Cheetah Canyon Resources's Sloan Ratio % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cheetah Canyon Resources's Sloan Ratio % falls into.



Cheetah Canyon Resources 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.

Cheetah Canyon Resources'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 )
=(-0.521--0.525
--0.02)/0.054
=44.44%

Cheetah Canyon Resources'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 )
=(-0.594--0.427
-0)/0.092
=-181.52%

Cheetah Canyon Resources's Net Income for the trailing twelve months (TTM) ended in Sep. 2018 was -0.208 (Dec. 2017 ) + -0.162 (Mar. 2018 ) + -0.126 (Jun. 2018 ) + -0.098 (Sep. 2018 ) = $-0.59 Mil.
Cheetah Canyon Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2018 was -0.098 (Dec. 2017 ) + -0.212 (Mar. 2018 ) + -0.12 (Jun. 2018 ) + 0.003 (Sep. 2018 ) = $-0.43 Mil.
Cheetah Canyon Resources's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2018 was 0 (Dec. 2017 ) + 0 (Mar. 2018 ) + 0 (Jun. 2018 ) + 0 (Sep. 2018 ) = $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.


Cheetah Canyon Resources  (OTCPK:CRRDF) 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, Cheetah Canyon Resources has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Cheetah Canyon Resources Sloan Ratio % Related Terms

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Cheetah Canyon Resources (Cheetah Canyon Resources) Business Description

Traded in Other Exchanges
N/A
Address
3920 Delbrook Avenue, North Vancouver, BC, CAN, V7N 3Z8
Cheetah Canyon Resources Corp engages in acquisition, exploration, development, and production of oil and gas reserves in the United States. The two geographical segments of the Company are Canada and the United States. Its projects include Garvin County Project, and Lincoln County Project.

Cheetah Canyon Resources (Cheetah Canyon Resources) Headlines

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