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CoreLogic (CoreLogic) Sloan Ratio % : -6.47% (As of Mar. 2021)


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What is CoreLogic 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.

CoreLogic's Sloan Ratio for the quarter that ended in Mar. 2021 was -6.47%.

As of Mar. 2021, CoreLogic has a Sloan Ratio of -6.47%, indicating the company is in the safe zone and there is no funny business with accruals.


CoreLogic Sloan Ratio % Historical Data

The historical data trend for CoreLogic'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.

CoreLogic Sloan Ratio % Chart

CoreLogic 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 4.29 0.86 1.81 -4.30 -3.94

CoreLogic 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 -4.59 -4.94 -4.96 -3.94 -6.47

Competitive Comparison of CoreLogic's Sloan Ratio %

For the Information Technology Services subindustry, CoreLogic'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.


CoreLogic's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, CoreLogic's Sloan Ratio % distribution charts can be found below:

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



CoreLogic 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.

CoreLogic'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 )
=(301.355-535.772
--65.719)/4283.222
=-3.94%

CoreLogic'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 )
=(321.099-612.201
--11.177)/4328.423
=-6.47%

CoreLogic's Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was 59.005 (Jun. 2020 ) + 113.146 (Sep. 2020 ) + 95.386 (Dec. 2020 ) + 53.562 (Mar. 2021 ) = $321 Mil.
CoreLogic's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2021 was 130.274 (Jun. 2020 ) + 175.964 (Sep. 2020 ) + 116.67 (Dec. 2020 ) + 189.293 (Mar. 2021 ) = $612 Mil.
CoreLogic's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2021 was -25.27 (Jun. 2020 ) + 17.298 (Sep. 2020 ) + -22.231 (Dec. 2020 ) + 19.026 (Mar. 2021 ) = $-11 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.


CoreLogic  (NYSE:CLGX) 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, CoreLogic has a Sloan Ratio of -6.47%, indicating the company is in the safe zone and there is no funny business with accruals.


CoreLogic Sloan Ratio % Related Terms

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CoreLogic (CoreLogic) Business Description

Traded in Other Exchanges
N/A
Address
40 Pacifica, Suite 900, Irvine, CA, USA, 92618
CoreLogic Inc is a provider of data and analytics for the real estate sector. It operates in two segments: Property Intelligence & Risk Management Solutions and Underwriting & Workflow Solutions. The company offers a national database of property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, nonprime lending records, credit information, and tax information. The database includes historical property transactions and mortgage applications and covers nearly all U.S. residential and commercial properties. Corelogic also provides analytics services and tools built around its database for use of property valuation and credit and risk management.
Executives
Patrick L Dodd officer: Chief Operating & Growth Off. 40 PACIFICA SUITE 900 SUITE 900 IRVINE CA 92618
Francis Aaron Henry officer: CLO & Corporate Secretary 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
J David Chatham director 5780 WINDWARD PARKWAY SUITE 300, ALPHARETTA GA 30005
Thomas C Obrien director 850 E ALGONQUIN RD, STE 100, SCHAUMGURG IL 60173
John C Dorman director C/O LOANDEPOT, INC. ATTN GENERAL COUNSEL, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 90402
Douglas C Curling director 1000 ALDERMAN DRIVE, ALPHARETTA GA 30005
John K Stumpf officer: Executive, Controller & CAO
Barry M Sando officer: Managing Director 4 FIRST AMERICAN WAY SANTA ANA CA 92708
James L Balas officer: Chief Financial Officer CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Vikrant Raina director CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
Frank Martell director, officer: President & CEO 10 GASTON FARMS ROAD, GREENWICH CT 06831
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Michael Shepherd director 567 HALE STREET, PALO ALTO CA 94301
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104