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CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Sloan Ratio % : -10.33% (As of Mar. 2024)


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What is CCC Intelligent Solutions Holdings 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.

CCC Intelligent Solutions Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 was -10.33%.

As of Mar. 2024, CCC Intelligent Solutions Holdings has a Sloan Ratio of -10.33%, indicating there is a warning stage of accrual build up.


CCC Intelligent Solutions Holdings Sloan Ratio % Historical Data

The historical data trend for CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings Sloan Ratio % Chart

CCC Intelligent Solutions Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
- -2.82 -10.12 -2.54 -9.42

CCC Intelligent Solutions Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.27 -7.51 -9.24 -9.42 -10.33

Competitive Comparison of CCC Intelligent Solutions Holdings's Sloan Ratio %

For the Software - Infrastructure subindustry, CCC Intelligent Solutions Holdings'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.


CCC Intelligent Solutions Holdings's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where CCC Intelligent Solutions Holdings's Sloan Ratio % falls into.



CCC Intelligent Solutions Holdings 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.

CCC Intelligent Solutions Holdings'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 )
=(-92.476-250.033
--55.032)/3051.04
=-9.42%

CCC Intelligent Solutions Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-96.399-272.19
--56.161)/3023.66
=-10.33%

CCC Intelligent Solutions Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -97.659 (Jun. 2023 ) + -22.212 (Sep. 2023 ) + 25.211 (Dec. 2023 ) + -1.739 (Mar. 2024 ) = $-96.4 Mil.
CCC Intelligent Solutions Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 69.554 (Jun. 2023 ) + 60.506 (Sep. 2023 ) + 86.895 (Dec. 2023 ) + 55.235 (Mar. 2024 ) = $272.2 Mil.
CCC Intelligent Solutions Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -14.55 (Jun. 2023 ) + -14.103 (Sep. 2023 ) + -11.845 (Dec. 2023 ) + -15.663 (Mar. 2024 ) = $-56.2 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.


CCC Intelligent Solutions Holdings  (NAS:CCCS) 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 Mar. 2024, CCC Intelligent Solutions Holdings has a Sloan Ratio of -10.33%, indicating there is a warning stage of accrual build up.


CCC Intelligent Solutions Holdings Sloan Ratio % Related Terms

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CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Business Description

Traded in Other Exchanges
Address
167 North Green Street, 9th Floor, Chicago, IL, USA, 60607
CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.
Executives
Lauren Young director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Corp/ma director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Eric Wei director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Christopher Egan director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gp, Llc director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Rodney Christo officer: Chief Accounting Officer 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Brian Herb officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Eileen Schloss director C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Marc Fredman officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Mary Jo Prigge officer: See Remarks
John Page Goodson officer: Chief Technology Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
Michael John Silva officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
William Ingram director C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Cypress Investor Holdings, Lp director, 10 percent owner PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Oh Cypress Aggregator, L.p. director ONE STAMFORD PLAZA, 262 TRESSER BOULEVARD, 15TH FLOOR, STAMFORD CT 06901