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Sensata Technologies Holding (Sensata Technologies Holding) Sloan Ratio % : -3.85% (As of Dec. 2023)


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What is Sensata Technologies Holding 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.

Sensata Technologies Holding's Sloan Ratio for the quarter that ended in Dec. 2023 was -3.85%.

As of Dec. 2023, Sensata Technologies Holding has a Sloan Ratio of -3.85%, indicating the company is in the safe zone and there is no funny business with accruals.


Sensata Technologies Holding Sloan Ratio % Historical Data

The historical data trend for Sensata Technologies Holding'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.

Sensata Technologies Holding Sloan Ratio % Chart

Sensata Technologies Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.87 -2.72 8.03 5.03 -3.85

Sensata Technologies Holding 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 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 5.03 4.51 4.58 -1.30 -3.85

Competitive Comparison of Sensata Technologies Holding's Sloan Ratio %

For the Scientific & Technical Instruments subindustry, Sensata Technologies Holding'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.


Sensata Technologies Holding's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sensata Technologies Holding's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Sensata Technologies Holding's Sloan Ratio % falls into.



Sensata Technologies Holding 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.

Sensata Technologies Holding'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 )
=(-3.909-456.675
--165.005)/7680.987
=-3.85%

Sensata Technologies Holding'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 )
=(-3.909-456.675
--165.005)/7680.987
=-3.85%

Sensata Technologies Holding's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 86.417 (Mar. 2023 ) + 49.111 (Jun. 2023 ) + 62.801 (Sep. 2023 ) + -202.238 (Dec. 2023 ) = $-4 Mil.
Sensata Technologies Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 96.888 (Mar. 2023 ) + 115.754 (Jun. 2023 ) + 138.935 (Sep. 2023 ) + 105.098 (Dec. 2023 ) = $457 Mil.
Sensata Technologies Holding's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -22.882 (Mar. 2023 ) + -42.952 (Jun. 2023 ) + -51.78 (Sep. 2023 ) + -47.391 (Dec. 2023 ) = $-165 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.


Sensata Technologies Holding  (NYSE:ST) 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, Sensata Technologies Holding has a Sloan Ratio of -3.85%, indicating the company is in the safe zone and there is no funny business with accruals.


Sensata Technologies Holding Sloan Ratio % Related Terms

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Sensata Technologies Holding (Sensata Technologies Holding) Business Description

Traded in Other Exchanges
Address
529 Pleasant Street, Attleboro, MA, USA, 02703
Sensata Technologies is a global supplier of sensors for transportation and industrial applications. Sensata sells a bevy of pressure, temperature, force, and position sensors into the automotive, heavy vehicle, industrial, heating, ventilation, and cooling, and aerospace markets. The majority of the firm's revenue comes from the automotive market, where it focuses on bumper-in applications.
Executives
Brian K Roberts officer: EVP & Chief Financial Officer DIGITAS INC.,, 800 BOYLSTON STREET, BOSTON MA 02199
Jugal K. Vijayvargiya director C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Stephen M Zide director BAIN CAPITAL PARTNERS, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Martha N. Sullivan officer: Executive VP and COO 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Brian John Wilkie officer: SVP - Sensing Solutions 529 PLEASANT STREET, ATTLEBORO MA 02703
Jennifer Lynn Slater officer: SVP - Performance Sensing Auto 5757 N GREEN BAY AVENUE FLORIST, TOWER MILWAUKEE WI 53209
Jeffrey J Cote officer: Executive VP and CFO C/O SENSATA TECHNOLOGIES, INC., 529 PLEASANT STREET, ATTLEBORO MA 02703
Maria G Freve officer: VP, Chief Accounting Officer 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
David K Stott officer: VP, General Counsel 529 PLEASANT STREET, ATTLEBORO MA 02703
Paul S Vasington officer: Chief Financial Officer 529 PLEASANT STREET, ATTLEBORO MA 02703
Shannon M. Votava officer: SVP, Chief Legal Officer 2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Vineet A Nargolwala officer: EVP, Sensing Solutions 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Yann L Etienvre officer: EVP, Chief SC Officer 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
George Verras officer: SVP & Chief Technology Officer 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Daniel Black director C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018