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APAM (Artisan Partners Asset Management) Sloan Ratio % : -2.80% (As of Sep. 2024)


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What is Artisan Partners Asset Management 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.

Artisan Partners Asset Management's Sloan Ratio for the quarter that ended in Sep. 2024 was -2.80%.

As of Sep. 2024, Artisan Partners Asset Management has a Sloan Ratio of -2.80%, indicating the company is in the safe zone and there is no funny business with accruals.


Artisan Partners Asset Management Sloan Ratio % Historical Data

The historical data trend for Artisan Partners Asset Management'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.

Artisan Partners Asset Management Sloan Ratio % Chart

Artisan Partners Asset Management 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 -12.72 -10.83 -2.90 -3.41 0.53

Artisan Partners Asset Management Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.32 0.53 -1.12 -2.00 -2.80

Competitive Comparison of Artisan Partners Asset Management's Sloan Ratio %

For the Asset Management subindustry, Artisan Partners Asset Management'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.


Artisan Partners Asset Management's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Artisan Partners Asset Management's Sloan Ratio % falls into.



Artisan Partners Asset Management 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.

Artisan Partners Asset Management'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 )
=(222.289-253.028
--38.167)/1405.858
=0.53%

Artisan Partners Asset Management's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(254.801-325.892
--26.054)/1610.601
=-2.80%

Artisan Partners Asset Management's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 64.756 (Dec. 2023 ) + 59.481 (Mar. 2024 ) + 57.574 (Jun. 2024 ) + 72.99 (Sep. 2024 ) = $255 Mil.
Artisan Partners Asset Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -9.774 (Dec. 2023 ) + 147.019 (Mar. 2024 ) + 75.884 (Jun. 2024 ) + 112.763 (Sep. 2024 ) = $326 Mil.
Artisan Partners Asset Management's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -1.635 (Dec. 2023 ) + -29.112 (Mar. 2024 ) + 4.461 (Jun. 2024 ) + 0.232 (Sep. 2024 ) = $-26 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.


Artisan Partners Asset Management  (NYSE:APAM) 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 Sep. 2024, Artisan Partners Asset Management has a Sloan Ratio of -2.80%, indicating the company is in the safe zone and there is no funny business with accruals.


Artisan Partners Asset Management Sloan Ratio % Related Terms

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Artisan Partners Asset Management Business Description

Traded in Other Exchanges
Address
875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a global investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are primarily offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. In addition to its equity strategies, customers may invest in a fixed-income strategy. Strategies are often distributed to customers ranging from retail investors to institutional investors through specialized channels.
Executives
Gregory K Ramirez officer: Senior Vice President 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Laura Ellen Simpson officer: Exec VP, CLO & Secretary 875 E WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Samuel Bentson Sellers officer: Executive Vice President 875 E WISCONSIN AVENUE SUITE 800, MILWAUKEE WI 53202
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
Saloni S Multani director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Eileen Lee Kwei officer: Executive Vice President ONE CALIFORNIA STREET SUITE 2800, SAN FRANCISCO CA 94111
Jason A Gottlieb officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Jennifer Barbetta director ARTISAN PARTNERS ASSET MANAGEMENT INC., 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Christopher J Krein officer: Executive Vice President 875 E. WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Zfic, Inc. director 875 EAST WISCONSIN AVENUE, SUITE 800, MILWAUKEE WI 53202
Carlene M Ziegler director C/O ARTISAN PARTNERS LIMITED PARTNERSHIP, 875 EAST WISCONSIN AVE STE 800, MILWAUKEE WI 53202
Andrew A Ziegler director C/O ZIEGLER FAMILY OFFICE, 100 N. CORPORATE DRIVE, SUITE 190, BROOKFIELD WI 53045
Artisan Investment Corp director 875 EAST WISONSIN AVE STE 800, MILWAUKEE WI 53202
Hamman James S Jr officer: Executive Vice President 70 MUIRFIELD CIRCLE, WHEATON IL 60187
Stephanie Dimarco director 301 BRANNAN ST, SAN FRANCISCO CA 94107