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Superconductor Technologies (STU:ST7D) Sloan Ratio % : 0.00% (As of Jun. 2021)


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What is Superconductor Technologies 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.

Superconductor Technologies's Sloan Ratio for the quarter that ended in Jun. 2021 was 0.00%.

As of Jun. 2021, Superconductor Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Superconductor Technologies Sloan Ratio % Historical Data

The historical data trend for Superconductor Technologies'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.

Superconductor Technologies Sloan Ratio % Chart

Superconductor Technologies Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -32.21 -13.28 - -34.49

Superconductor Technologies Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 - - - - -

Competitive Comparison of Superconductor Technologies's Sloan Ratio %

For the Medical Care Facilities subindustry, Superconductor Technologies'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.


Superconductor Technologies's Sloan Ratio % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Superconductor Technologies's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Superconductor Technologies's Sloan Ratio % falls into.



Superconductor Technologies 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.

Superconductor Technologies'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 )
=(-2.431--2.579
-1.004)/2.482
=-34.49%

Superconductor Technologies's Sloan Ratio for the quarter that ended in Jun. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2021 )
=(-1.896--2.096
-0)/1.957
=10.22%

Superconductor Technologies's Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was -0.514 (Sep. 2020 ) + -0.434 (Dec. 2020 ) + -0.478 (Mar. 2021 ) + -0.47 (Jun. 2021 ) = €-1.90 Mil.
Superconductor Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2021 was -0.528 (Sep. 2020 ) + -0.399 (Dec. 2020 ) + -0.381 (Mar. 2021 ) + -0.788 (Jun. 2021 ) = €-2.10 Mil.
Superconductor Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2021 was 0 (Sep. 2020 ) + 0 (Dec. 2020 ) + 0 (Mar. 2021 ) + 0 (Jun. 2021 ) = €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.


Superconductor Technologies  (STU:ST7D) 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 Jun. 2021, Superconductor Technologies has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Superconductor Technologies (STU:ST7D) Business Description

Traded in Other Exchanges
N/A
Address
8800 Village Drive, Suite 106, San Antonio, TX, USA, 78217
Clearday Inc is an innovative non-acute longevity health care services company with a modern, hopeful vision for making high-quality care options more accessible, affordable, and empowering for older Americans. The company offers longevity care, residential memory care, and wellness services through Clearday Network, Clearday at Home, Clearday Clubs, and Memory Care America.

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