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LeapCharger (LeapCharger) Sloan Ratio % : 0.00% (As of Aug. 2023)


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What is LeapCharger 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.

LeapCharger's Sloan Ratio for the quarter that ended in Aug. 2023 was 0.00%.

Warning Sign:

When sloan ratio (61.26)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

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


LeapCharger Sloan Ratio % Historical Data

The historical data trend for LeapCharger'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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LeapCharger Sloan Ratio % Chart

LeapCharger Annual Data
Trend Dec10 Dec11 Dec12 Nov13 Nov14
Sloan Ratio %
29.17 - - - 61.26

LeapCharger Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 Aug23
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 LeapCharger's Sloan Ratio %

For the Conglomerates subindustry, LeapCharger'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.


LeapCharger's Sloan Ratio % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LeapCharger's Sloan Ratio % distribution charts can be found below:

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



LeapCharger 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.

LeapCharger's Sloan Ratio for the fiscal year that ended in Nov. 2014 is calculated as

Sloan Ratio=(Net Income (A: Nov. 2014 )-Cash Flow from Operations (A: Nov. 2014 )
-Cash Flow from Investing (A: Nov. 2014 ))/Total Assets (A: Nov. 2014 )
=(-0.33--0.227
--0.326)/0.364
=61.26%

LeapCharger's Sloan Ratio for the quarter that ended in Aug. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2023 )
=(-9.729-0
-0)/5.204
=-186.95%

LeapCharger's Net Income for the trailing twelve months (TTM) ended in Aug. 2023 was -0.344 (May. 2015 ) + -0.007 (Aug. 2015 ) + -0.005 (Aug. 2022 ) + -9.373 (Aug. 2023 ) = $-9.73 Mil.
LeapCharger's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2023 was 0 (May. 2015 ) + 0 (Aug. 2015 ) + 0 (Aug. 2022 ) + 0 (Aug. 2023 ) = $0.00 Mil.
LeapCharger's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2023 was 0 (May. 2015 ) + 0 (Aug. 2015 ) + 0 (Aug. 2022 ) + 0 (Aug. 2023 ) = $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.


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


LeapCharger Sloan Ratio % Related Terms

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LeapCharger (LeapCharger) Business Description

Traded in Other Exchanges
N/A
Address
Abu Hail, 1st Floor/29, Khalifa B A Balila Building, Dubai, ARE
LeapCharger Corp formerly Greenplex Services Inc is doing business with electric vehicle (EV) charging solutions for consumers and businesses.
Executives
Dale Robbins officer: President 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Kurt Boehl director 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Martin Murray director, officer: Treasurer, CFO 425 MADISON AVE, SUITE 902, NEW YORK NY 10017
Manuel Graiwer director 3600 WILSHIRE BLVD, #2100, LOS ANGELES CA 90010
Mark C. Hutchison director, officer: VP of Operations, Secretary 2525 E. 29TH AVE., STE 10-B, SPOKANE WA 99223
Roy Matthew Haskin director 2525 E. 29TH AVE., STE 10-B, SPOKANE WA 99223
Victor T. Foia director, officer: PRESIDENT, CEO 2525 E. 29TH AVE., STE 10-B #342, SPOKANE WA 99223
Bruce Gillis director 710 N. ARDEN DR., BEVERLY HILLS CA 90210
Kyle W. Carlson director, 10 percent owner, officer: Pres, Treas, CEO, CFO 10183 NORTH AERO DRIVE, STE. 2, HAYDEN ID 83835
Andrew Christman director, 10 percent owner, officer: VICE PRESIDENT 10183 NORTH AERO DRIVE, SUITE 2, HAYDEN ID 83835
Susan L. Troyer director, 10 percent owner, officer: TREASURER, SECRETARY, CFO 10183 NORTH AERO DRIVE, SUITE 2, HAYDEN ID 83835