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Crucible Acquisition (Crucible Acquisition) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Crucible Acquisition 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.

Crucible Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Crucible Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Crucible Acquisition Sloan Ratio % Historical Data

The historical data trend for Crucible Acquisition'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.

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Crucible Acquisition Sloan Ratio % Chart

Crucible Acquisition Annual Data
Trend Dec20 Dec21
Sloan Ratio %
- 104.07

Crucible Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Crucible Acquisition's Sloan Ratio %

For the Shell Companies subindustry, Crucible Acquisition'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.


Crucible Acquisition's Sloan Ratio % Distribution in the Diversified Financial Services Industry

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

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



Crucible Acquisition 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.

Crucible Acquisition's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2021 )-Cash Flow from Operations (A: Dec. 2021 )
-Cash Flow from Investing (A: Dec. 2021 ))/Total Assets (A: Dec. 2021 )
=(7.627--3.408
--258.75)/259.228
=104.07%

Crucible Acquisition's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(11.389--1.127
-0)/260.907
=4.80%

Crucible Acquisition's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was 1.328 (Dec. 2021 ) + 4.356 (Mar. 2022 ) + 3.61 (Jun. 2022 ) + 2.095 (Sep. 2022 ) = $11.39 Mil.
Crucible Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -0.052 (Dec. 2021 ) + -0.515 (Mar. 2022 ) + -2.276 (Jun. 2022 ) + 1.716 (Sep. 2022 ) = $-1.13 Mil.
Crucible Acquisition's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was 0 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $0.00 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.


Crucible Acquisition  (NYSE:CRU) 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. 2022, Crucible Acquisition has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Crucible Acquisition Sloan Ratio % Related Terms

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Crucible Acquisition (Crucible Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
645 Walnut Street, Boulder, CO, USA, 80302
Crucible Acquisition Corp is a blank check company.
Executives
Sara Baack director ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Bradley A Feld director, officer: Chairman of the Board C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Foundry Group Next 2018, L.p. director, 10 percent owner 645 WALNUT STREET, BOULDER CO 80302
Fg Next Gp 2018, Llc director, 10 percent owner 1050 WALNUT ST #210, BOULDER CO 80302
James M Lejeal director, officer: Chief Executive Officer 3333 WALNUT STREET, BOULDER CO 80301
Margaret Porfido director 175 CORDOVA COURT, BOULDER CO 80303
Foundry Crucible I, Llc director, 10 percent owner 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jewel M. Burks director C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jason M. Lynch officer: Chief Administrative Officer C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302