Heidrick & Struggles International (Heidrick & Struggles International) Sloan Ratio % : -4.59% (As of Dec. 2023)

Heidrick & Struggles International Sloan Ratio % Chart

Heidrick & Struggles International Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					4.45	-11.89	-16.04	20.40	-4.59

Heidrick & Struggles International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Sloan Ratio %	Get a 7-Day Free Trial															20.40	8.71	13.05	-0.41	-4.59

Competitive Comparison of Heidrick & Struggles International's Sloan Ratio %

For the Staffing & Employment Services subindustry, Heidrick & Struggles International'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.

Heidrick & Struggles International's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Sloan Ratio % falls into.

Heidrick & Struggles International 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.

Heidrick & Struggles International's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Heidrick & Struggles International's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Heidrick & Struggles International's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 15.586 (Mar. 2023 ) + 8.982 (Jun. 2023 ) + 14.987 (Sep. 2023 ) + 14.855 (Dec. 2023 ) = $54 Mil.
Heidrick & Struggles International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -337.031 (Mar. 2023 ) + 46.94 (Jun. 2023 ) + 109.474 (Sep. 2023 ) + 153.825 (Dec. 2023 ) = $-27 Mil.
Heidrick & Struggles International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 228.078 (Mar. 2023 ) + -30.206 (Jun. 2023 ) + -31.219 (Sep. 2023 ) + -33.054 (Dec. 2023 ) = $134 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.

Heidrick & Struggles International  (NAS:HSII) 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 Dec. 2023, Heidrick & Struggles International has a Sloan Ratio of -4.59%, indicating the company is in the safe zone and there is no funny business with accruals.

Heidrick & Struggles International Sloan Ratio % Related Terms

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Heidrick & Struggles International (Heidrick & Struggles International) Business Description