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Origin Materials (Origin Materials) Sloan Ratio % : 12.54% (As of Dec. 2023)


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What is Origin Materials 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.

Origin Materials's Sloan Ratio for the quarter that ended in Dec. 2023 was 12.54%.

As of Dec. 2023, Origin Materials has a Sloan Ratio of 12.54%, indicating there is a warning stage of accrual build up.


Origin Materials Sloan Ratio % Historical Data

The historical data trend for Origin Materials'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.

Origin Materials Sloan Ratio % Chart

Origin Materials Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
-48.04 93.21 3.20 12.54

Origin Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.20 10.54 9.05 19.10 12.54

Competitive Comparison of Origin Materials's Sloan Ratio %

For the Chemicals subindustry, Origin Materials'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.


Origin Materials's Sloan Ratio % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Origin Materials's Sloan Ratio % distribution charts can be found below:

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



Origin Materials 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.

Origin Materials's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(23.798--60.355
-26.232)/461.834
=12.54%

Origin Materials's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(23.798--60.355
-26.232)/461.834
=12.54%

Origin Materials's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 9.769 (Mar. 2023 ) + -6.464 (Jun. 2023 ) + 30.931 (Sep. 2023 ) + -10.438 (Dec. 2023 ) = $23.80 Mil.
Origin Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -19.067 (Mar. 2023 ) + -16.567 (Jun. 2023 ) + -10.813 (Sep. 2023 ) + -13.908 (Dec. 2023 ) = $-60.36 Mil.
Origin Materials's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -1.83 (Mar. 2023 ) + -5.218 (Jun. 2023 ) + 11.498 (Sep. 2023 ) + 21.782 (Dec. 2023 ) = $26.23 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.


Origin Materials  (NAS:ORGN) 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, Origin Materials has a Sloan Ratio of 12.54%, indicating there is a warning stage of accrual build up.


Origin Materials Sloan Ratio % Related Terms

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Origin Materials (Origin Materials) Business Description

Traded in Other Exchanges
Address
930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605
Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process.
Executives
John Bissell director, officer: President, Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Joshua C. Lee officer: General Counsel C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Richard J. Riley director, officer: Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Matthew T Plavan officer: Chief Financial Officer C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742
R Tony Tripeny director ONE RIVERFRONT PLAZA, CORNING NY 14831
Pamela Haley officer: Interim CFO 202 COUSTEAU PLACE, DAVIS CA 95618
Karen A Richardson director
James C. Stephanou director 930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605
Craig A Rogerson director 1313 N MARKET ST, WILMINGTON DE 19894
Boon Sim director, 10 percent owner C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Nathan S. Whaley officer: Chief Financial Officer C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Heidenmark Cook Pia Johanna director PRASTAV 672, VIKEN V7 263 61
Stephen Galowitz officer: Chief Commercial Officer C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019
Charles Drucker director, 10 percent owner, officer: Executive Chairman 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612

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