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Cardtronics (Cardtronics) Sloan Ratio % : -13.24% (As of Mar. 2021)


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What is Cardtronics 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.

Cardtronics's Sloan Ratio for the quarter that ended in Mar. 2021 was -13.24%.

As of Mar. 2021, Cardtronics has a Sloan Ratio of -13.24%, indicating there is a warning stage of accrual build up.


Cardtronics Sloan Ratio % Historical Data

The historical data trend for Cardtronics'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.

Cardtronics Sloan Ratio % Chart

Cardtronics Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.31 13.57 -12.43 -1.27 -9.39

Cardtronics Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -2.47 -5.65 -2.32 -9.39 -13.24

Competitive Comparison of Cardtronics's Sloan Ratio %

For the Business Equipment & Supplies subindustry, Cardtronics'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.


Cardtronics's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cardtronics's Sloan Ratio % distribution charts can be found below:

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



Cardtronics 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.

Cardtronics's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(19.144-282.349
--91.142)/1831.445
=-9.39%

Cardtronics's Sloan Ratio for the quarter that ended in Mar. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2021 )
=(19.265-350.581
--88.959)/1829.858
=-13.24%

Cardtronics's Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was -1.922 (Jun. 2020 ) + 5.732 (Sep. 2020 ) + 9.579 (Dec. 2020 ) + 5.876 (Mar. 2021 ) = $19 Mil.
Cardtronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2021 was 88.731 (Jun. 2020 ) + 98.35 (Sep. 2020 ) + 94.148 (Dec. 2020 ) + 69.352 (Mar. 2021 ) = $351 Mil.
Cardtronics's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2021 was -11.375 (Jun. 2020 ) + -31.29 (Sep. 2020 ) + -30.048 (Dec. 2020 ) + -16.246 (Mar. 2021 ) = $-89 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.


Cardtronics  (NAS:CATM) 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. 2021, Cardtronics has a Sloan Ratio of -13.24%, indicating there is a warning stage of accrual build up.


Cardtronics Sloan Ratio % Related Terms

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Cardtronics (Cardtronics) Business Description

Traded in Other Exchanges
N/A
Address
2050 West Sam Houston Parkway South, Suite 1300, Houston, TX, USA, 77042
Cardtronics PLC is a U.S.-based company that provides automated consumer financial services through its network of automated teller machines and financial services kiosks. Products and services provided by the company include ATM and kiosk monitoring and maintenance, cash management, customer service, transaction processing, and settlement services. The company primarily generates revenue from fees charged to cardholders, as well as cardholders' financial institutions, for using the company's devices. The company also earns revenue from other services, such as foreign exchange transaction, advertising, and other transaction-based fees.
Executives
Edward H West director, officer: Chief Executive Officer 3250 BRIARPARK DR, SUITE 400, HOUSTON TX 77042
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Paul Wilmore officer: Chief Marketing Officer 2050 W. SAM HOUSTON PKWY. S. SUITE 1300 HOUSTON TX 77042
Paul A Gullo officer: Chief Accounting Officer C/O CARDTRONICS PLC 3250 BRIARPARK DRIVE SUITE 400 HOUSTON TX 77042
Stuart Mackinnon officer: Chief Information Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Marc Terry officer: Managing Director of EMEA 3250 BRIARPARK SUITE 400 HOUSTON TX 77042
Dan Antilley officer: EVP Operations & CISO 3250 BRIARPARK, SUITE 400 HOUSTON TX 77042
Geri House officer: Chief Human Resources Officer C/O CARDTRONICS PLC, 3250 BRIARPARK DR. SUITE 400 HOUSTON TX 77042
Aimie Marie Killeen officer: EVP Gen Counsel & Secretary 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Hudson Executive Capital Lp director, 10 percent owner C/O CADWALADER, WICKERSHAM & TAFT, LLP, 200 LIBERTY STREET, NEW YORK NY 10281
Douglas L Braunstein director, 10 percent owner HUDSON EXECUTIVE CAPITAL LP, 570 LEXINGTON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Hec Management Gp Llc director, 10 percent owner 1185 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10036
Gary W Ferrera officer: Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Julie Winger Gardner director 3250 BRIARPARK DRIVE SUITE 400 HOUSTON TX 77042
Warren Jenson director 30 FREDRICK AVE, ATHERTON CA 94027