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Tempo Automation Holdings (Tempo Automation Holdings) Sloan Ratio % : 0.00% (As of Mar. 2023)


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What is Tempo Automation Holdings 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.

Tempo Automation Holdings's Sloan Ratio for the quarter that ended in Mar. 2023 was 0.00%.

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


Tempo Automation Holdings Sloan Ratio % Historical Data

The historical data trend for Tempo Automation Holdings'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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Tempo Automation Holdings Sloan Ratio % Chart

Tempo Automation Holdings Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
-8.33 -77.20 -563.52

Tempo Automation Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Tempo Automation Holdings's Sloan Ratio %

For the Electronic Components subindustry, Tempo Automation Holdings'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.


Tempo Automation Holdings's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tempo Automation Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Tempo Automation Holdings's Sloan Ratio % falls into.



Tempo Automation Holdings 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.

Tempo Automation Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-144.851--28.793
--0.034)/20.589
=-563.52%

Tempo Automation Holdings's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(-144.732--23.998
--0.023)/14.446
=-835.60%

Tempo Automation Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was -12.501 (Mar. 2022 ) + -76.511 (Sep. 2022 ) + -48.333 (Dec. 2022 ) + -7.387 (Mar. 2023 ) = $-144.73 Mil.
Tempo Automation Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -10.084 (Mar. 2022 ) + 0 (Sep. 2022 ) + -8.611 (Dec. 2022 ) + -5.303 (Mar. 2023 ) = $-24.00 Mil.
Tempo Automation Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was -0.013 (Mar. 2022 ) + 0 (Sep. 2022 ) + -0.01 (Dec. 2022 ) + 0 (Mar. 2023 ) = $-0.02 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.


Tempo Automation Holdings  (OTCPK:TMPOQ) 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 Mar. 2023, Tempo Automation Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Tempo Automation Holdings (Tempo Automation Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2460 Alameda Street, San Francisco, CA, USA, 94103
Tempo Automation Holdings Inc is a software-accelerated electronics manufacturer, transforming the way top companies innovate and bring new products to market. Tempo's automated manufacturing platform optimizes the complex process of printed circuit board manufacturing to deliver unmatched quality, speed, and agility. The platform's all-digital process automation, data-driven intelligence, and connected smart factory create a distinctive competitive advantage for customers to deliver tomorrow's products today.
Executives
Sqn Venture Partners, Llc 10 percent owner 320 BROAD STREET, SUITE 250, CHARLESTON SC 29401
Jacqueline D. Schneider director 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Point72 Private Investments, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Matthew W Granade director C/O TEMPO AUTOMATION, INC., 2460 ALAMEDA STREET, SAN FRANCISCO CA 94103
Joy Weiss director, officer: President & CEO C/O TEMPO AUTOMATION, INC., 2460 ALAMEDA STREET, SAN FRANCISCO CA 94103
Ace Equity Partners Llc 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
David Young Ko 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace Equity Partners International Pte Ltd. 10 percent owner 1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace So5 Holdings Ltd 10 percent owner 8 MARINA VIEW, ASIA SQUARE TOWER 1, #43-01, SINGAPORE U0 018960
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Sunny Siu director, officer: President C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse director, officer: Secretary C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park officer: Chief Financial Officer C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski director C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805