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Lincoln Gold Mining (Lincoln Gold Mining) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Lincoln Gold Mining 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.

Lincoln Gold Mining's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-681.5)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2023, Lincoln Gold Mining has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Lincoln Gold Mining Sloan Ratio % Historical Data

The historical data trend for Lincoln Gold Mining'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.

Lincoln Gold Mining Sloan Ratio % Chart

Lincoln Gold Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 14.20 -2.94 -82.78 -681.20

Lincoln Gold Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Lincoln Gold Mining's Sloan Ratio %

For the Gold subindustry, Lincoln Gold Mining'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.


Lincoln Gold Mining's Sloan Ratio % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lincoln Gold Mining's Sloan Ratio % falls into.



Lincoln Gold Mining 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.

Lincoln Gold Mining's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-4.843--0.321
-0.008)/0.665
=-681.20%

Lincoln Gold Mining's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-4.877--0.317
-0.008)/0.665
=-686.92%

Lincoln Gold Mining's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -0.194 (Mar. 2023 ) + -4.089 (Jun. 2023 ) + -0.328 (Sep. 2023 ) + -0.266 (Dec. 2023 ) = $-4.88 Mil.
Lincoln Gold Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -0.124 (Mar. 2023 ) + -0.065 (Jun. 2023 ) + -0.152 (Sep. 2023 ) + 0.024 (Dec. 2023 ) = $-0.32 Mil.
Lincoln Gold Mining's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -0.003 (Mar. 2023 ) + 0 (Jun. 2023 ) + 0.098 (Sep. 2023 ) + -0.087 (Dec. 2023 ) = $0.01 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.


Lincoln Gold Mining  (OTCPK:LNCLF) 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. 2023, Lincoln Gold Mining has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Lincoln Gold Mining Sloan Ratio % Related Terms

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Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.
Executives
Andrew Milligan director 5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson officer: COO and VP, Exploration 325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering director SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman director 1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi director 12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie director 2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann 10 percent owner KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598

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