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ZipRecruiter (ZipRecruiter) Sloan Ratio % : -24.39% (As of Dec. 2023)


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What is ZipRecruiter 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.

ZipRecruiter's Sloan Ratio for the quarter that ended in Dec. 2023 was -24.39%.

As of Dec. 2023, ZipRecruiter has a Sloan Ratio of -24.39%, indicating there is a warning stage of accrual build up.


ZipRecruiter Sloan Ratio % Historical Data

The historical data trend for ZipRecruiter'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.

ZipRecruiter Sloan Ratio % Chart

ZipRecruiter Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
5.22 2.55 -31.91 39.72 -24.39

ZipRecruiter Quarterly Data
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 39.72 37.58 32.87 2.51 -24.39

Competitive Comparison of ZipRecruiter's Sloan Ratio %

For the Staffing & Employment Services subindustry, ZipRecruiter'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.


ZipRecruiter's Sloan Ratio % Distribution in the Business Services Industry

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

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



ZipRecruiter 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.

ZipRecruiter'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 )
=(49.098-103.192
-106.736)/659.5
=-24.39%

ZipRecruiter'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 )
=(49.098-103.192
-106.736)/659.5
=-24.39%

ZipRecruiter's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 5.011 (Mar. 2023 ) + 14.38 (Jun. 2023 ) + 24.076 (Sep. 2023 ) + 5.631 (Dec. 2023 ) = $49.1 Mil.
ZipRecruiter's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 6.37 (Mar. 2023 ) + 33.083 (Jun. 2023 ) + 29.3 (Sep. 2023 ) + 34.439 (Dec. 2023 ) = $103.2 Mil.
ZipRecruiter's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 38.019 (Mar. 2023 ) + 46.56 (Jun. 2023 ) + 4.812 (Sep. 2023 ) + 17.345 (Dec. 2023 ) = $106.7 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.


ZipRecruiter  (NYSE:ZIP) 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, ZipRecruiter has a Sloan Ratio of -24.39%, indicating there is a warning stage of accrual build up.


ZipRecruiter Sloan Ratio % Related Terms

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ZipRecruiter (ZipRecruiter) Business Description

Traded in Other Exchanges
Address
604 Arizona Avenue, Santa Monica, CA, USA, 90401
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes.
Executives
Timothy G. Yarbrough officer: Chief Business Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Ryan T. Sakamoto officer: General Counsel and Secretary 604 ARIZONA AVE, SANTA MONICA CA 90401
Amy Garefis officer: Principal Accounting Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
David Travers officer: Chief Financial Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Lora Bartolome officer: VP, Accounting & Controller C/O ZIPRECRUITER, INC., 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Qasim Saifee officer: Chief Marketing Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
J Sanford Miller 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Boris F. Shimanovsky officer: Chief Technology Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Todd C Chaffee 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Institutional Venture Management Xv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Ian H. Siegel director, 10 percent owner, officer: Chief Executive Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Somesh Dash 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025