SNAX (Stryve Foods) Sloan Ratio %: 0.00% (As of Sep. 2024)

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SNAX Stryve Foods Inc SNAX
16 GF Score
Price $0.00
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What is Stryve Foods Sloan Ratio %?

Stryve Foods SNAX 16 Sloan Ratio % is 0.00% as of Sep. 2024. GuruFocus rates SNAX with a GF Score™ of 16/100.

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.

Stryve Foods's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

As of Sep. 2024, Stryve Foods has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Stryve Foods  (OTCPK:SNAX) 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, Stryve Foods has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Stryve Foods Sloan Ratio % Related Terms


Stryve Foods Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Stryve Foods'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.

Stryve Foods Sloan Ratio % Chart

Stryve Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
2.82 20.72 -2.16 -35.23

Stryve Foods Quarterly Data
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 -20.42 -35.23 0.00 0.00 0.00

SNAX vs BSFC, BDPT, NBND: Sloan Ratio % Comparison

For the Packaged Foods subindustry, Stryve Foods'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.


Stryve Foods Sloan Ratio % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Stryve Foods's Sloan Ratio % distribution charts can be found below:

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


SNAX
16GF Score
Stryve Foods Inc SNAX
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Stryve Foods 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.

Stryve Foods'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 )
=(-19.041--7.427
--0.089)/32.712
=-35.23%

Stryve Foods'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 )
=(-15.311--6.164
-0.024)/31.457
=-29.15%

Stryve Foods's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -5.31 (Dec. 2023 ) + -3.929 (Mar. 2024 ) + -2.962 (Jun. 2024 ) + -3.11 (Sep. 2024 ) = $-15.31 Mil.
Stryve Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -1.03 (Dec. 2023 ) + -0.79 (Mar. 2024 ) + -2.916 (Jun. 2024 ) + -1.428 (Sep. 2024 ) = $-6.16 Mil.
Stryve Foods's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0.051 (Dec. 2023 ) + 0 (Mar. 2024 ) + -0.014 (Jun. 2024 ) + -0.013 (Sep. 2024 ) = $0.02 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Stryve Foods (SNAX) has a Sloan Ratio % of 0.00% as of Sep. 2024. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Stryve Foods and its competitors.
Is Stryve Foods' Sloan Ratio % too high?
Stryve Foods' current Sloan Ratio % is 0.00%. Overall, Stryve Foods has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Stryve Foods' Sloan Ratio % compare to BSFC and BDPT?
Stryve Foods' Sloan Ratio % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Consumer Packaged Goods company?
A good Sloan Ratio % depends on the Consumer Packaged Goods industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Stryve Foods and its competitors. Stryve Foods's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stryve Foods stock overvalued right now?
Stryve Foods (SNAX) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Stryve Foods' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Stryve Foods (SNAX), the current Sloan Ratio % is 0.00% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Stryve Foods Business Description

Address Post Office Box 864, Frisco, TX, USA, 75034
Stryve Foods Inc is a healthy snacking company that manufactures, markets, and sells differentiated healthy snacking products. The company offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks.
16GF Score

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