Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Sloan Ratio % : -39.02% (As of Jun. 2019)

Vanguard Natural Resources LLC Sloan Ratio % Chart

Vanguard Natural Resources LLC Annual Data
	Trend	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Sloan Ratio %		Get a 7-Day Free Trial					30.86	-78.84	-100.22	-	-6.46

Vanguard Natural Resources LLC Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Sloan Ratio %	Get a 7-Day Free Trial															-	-	-6.46	-9.05	-39.02

Competitive Comparison of Vanguard Natural Resources LLC's Sloan Ratio %

For the Oil & Gas E&P subindustry, Vanguard Natural Resources LLC'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.

Vanguard Natural Resources LLC's Sloan Ratio % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vanguard Natural Resources LLC's Sloan Ratio % falls into.

Vanguard Natural Resources LLC 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.

Vanguard Natural Resources LLC's Sloan Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Vanguard Natural Resources LLC's Sloan Ratio for the quarter that ended in Jun. 2019 is calculated as

Vanguard Natural Resources LLC's Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was -32.133 (Sep. 2018 ) + 78.619 (Dec. 2018 ) + -82.265 (Mar. 2019 ) + -372.102 (Jun. 2019 ) = $-407.88 Mil.
Vanguard Natural Resources LLC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2019 was 11.884 (Sep. 2018 ) + 21.882 (Dec. 2018 ) + -16.33 (Mar. 2019 ) + 24.189 (Jun. 2019 ) = $41.63 Mil.
Vanguard Natural Resources LLC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2019 was 12.332 (Sep. 2018 ) + -10.902 (Dec. 2018 ) + -6.615 (Mar. 2019 ) + -2.85 (Jun. 2019 ) = $-8.04 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.

Vanguard Natural Resources LLC  (OTCPK:VNRCQ.PFD) 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 Jun. 2019, Vanguard Natural Resources LLC has a Sloan Ratio of -39.02%, indicating there is a warning stage of accrual build up.

Vanguard Natural Resources LLC Sloan Ratio % Related Terms

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Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Business Description