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ChargePoint Holdings (ChargePoint Holdings) Sloan Ratio % : 0.00% (As of Dec. 2020)


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What is ChargePoint 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.

ChargePoint Holdings's Sloan Ratio for the quarter that ended in Dec. 2020 was 0.00%.

Warning Sign:

When Sloan Ratio (-98.87)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2020, ChargePoint Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


ChargePoint Holdings Sloan Ratio % Historical Data

The historical data trend for ChargePoint 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.

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ChargePoint Holdings Sloan Ratio % Chart

ChargePoint Holdings Annual Data
Trend Dec19 Dec20
Sloan Ratio %
- -98.87

ChargePoint Holdings Quarterly Data
May19 Sep19 Mar20 Jun20 Sep20 Dec20
Sloan Ratio % Get a 7-Day Free Trial - - - - -

Competitive Comparison of ChargePoint Holdings's Sloan Ratio %

For the Specialty Retail subindustry, ChargePoint 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.


ChargePoint Holdings's Sloan Ratio % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ChargePoint Holdings's Sloan Ratio % distribution charts can be found below:

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



ChargePoint 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.

ChargePoint Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-315.321--2.125
-0.568)/317.342
=-98.87%

ChargePoint Holdings's Sloan Ratio for the quarter that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2020 )
=(-315.321--2.125
-0.568)/317.342
=-98.87%

ChargePoint Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2020 was 0.466 (Mar. 2020 ) + -0.124 (Jun. 2020 ) + -0.793 (Sep. 2020 ) + -314.87 (Dec. 2020 ) = $-315.32 Mil.
ChargePoint Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2020 was -0.312 (Mar. 2020 ) + -0.132 (Jun. 2020 ) + -0.631 (Sep. 2020 ) + -1.05 (Dec. 2020 ) = $-2.13 Mil.
ChargePoint Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2020 was 0.088 (Mar. 2020 ) + 0 (Jun. 2020 ) + 0.48 (Sep. 2020 ) + 0 (Dec. 2020 ) = $0.57 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.


ChargePoint Holdings  (NYSE:SBE.U) 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. 2020, ChargePoint Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


ChargePoint Holdings Sloan Ratio % Related Terms

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ChargePoint Holdings (ChargePoint Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5949 Sherry Lane, Suite 1010, Dallas, TX, USA, 75225
ChargePoint Holdings Inc operates electric vehicle charging networks. The company's cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Scott Gieselman director, 10 percent owner REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
Raymond R Kubis director 5949 SHERRY LANE SUITE 1010, DALLAS TX 75225
Scott K. Mcneill director, 10 percent owner, officer: CEO & CFO 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
James E. Mutrie director, 10 percent owner, officer: CCO, GC & Secretary 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Ngp Switchback, Llc 10 percent owner 5949 SHERRY LANE, SUITE1010, DALLAS TX 75225
Joseph B Armes director 5420 LYNDON B, JOHNSON FREEWAY, SUITE 500, DALLAS TX 75240
Zane W. Arrott director 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Josh Rosinski officer: Chief Operating Officer 5949 SHERRY LANE, SUITE 1010, DALLAS TX 75225

ChargePoint Holdings (ChargePoint Holdings) Headlines

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