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LendingTree (LendingTree) Sloan Ratio %

: -22.11% (As of Dec. 2023)
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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.

LendingTree's Sloan Ratio for the quarter that ended in Dec. 2023 was -22.11%.

As of Dec. 2023, LendingTree has a Sloan Ratio of -22.11%, indicating there is a warning stage of accrual build up.


LendingTree Sloan Ratio % Historical Data

The historical data trend for LendingTree'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.

LendingTree Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.64 2.97 -5.81 -16.93 -22.11

LendingTree Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only -16.93 -18.99 -19.33 -22.20 -22.11

Competitive Comparison

For the Financial Conglomerates subindustry, LendingTree'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.


LendingTree Sloan Ratio % Distribution

For the Diversified Financial Services industry and Financial Services sector, LendingTree's Sloan Ratio % distribution charts can be found below:

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



LendingTree 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.

LendingTree'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 )
=(-122.404-67.571
--12.478)/802.759
=-22.11%

LendingTree'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 )
=(-122.404-67.571
--12.478)/802.759
=-22.11%

LendingTree's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 13.457 (Mar. 2023 ) + -0.115 (Jun. 2023 ) + -148.465 (Sep. 2023 ) + 12.719 (Dec. 2023 ) = $-122.4 Mil.
LendingTree's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 13.156 (Mar. 2023 ) + 15.068 (Jun. 2023 ) + 18.468 (Sep. 2023 ) + 20.879 (Dec. 2023 ) = $67.6 Mil.
LendingTree's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -2.452 (Mar. 2023 ) + -2.401 (Jun. 2023 ) + -5.075 (Sep. 2023 ) + -2.55 (Dec. 2023 ) = $-12.5 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.


LendingTree  (NAS:TREE) 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, LendingTree has a Sloan Ratio of -22.11%, indicating there is a warning stage of accrual build up.


LendingTree Sloan Ratio % Related Terms

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LendingTree (LendingTree) Business Description

Traded in Other Exchanges
Address
1415 Vantage Park Drive, Suite 700, Charlotte, NC, USA, 28203
LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings they need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.
Executives
Douglas R Lebda director, officer: Chairman & CEO 6701 CARMEL RD, SUITE 205, CHARLOTTE NC 28226
Jill Olmstead officer: Chief Human Resources Officer BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
Diego A Rodriguez director C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Scott V. Totman officer: Chief Technology Officer 1415 VANTAGE PARK DR., SUITE 700, CHARLOTTE NC 28203
Shiv Singh officer: Chief Marketing Office C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Carla Shumate officer: Chief Accounting Officer 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Neil Salvage officer: President 11115 RUSHMORE DR, CHARLOTTE NC 28277
Robin Henderson director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
Scott Peyree officer: President, Insurance 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
Trent Ziegler officer: Chief Financial Officer 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Lisa M. Young officer: General Counsel C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604
Gci Liberty, Inc. director, 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Sushil Sharma officer: Chief Product Officer 11115 RUSHMORE DR., CHARLOTTE NC 28277