TTCFQ (Tattooed Chef) Sloan Ratio %: -28.41% (As of Mar. 2023)

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TTCFQ Tattooed Chef Inc TTCFQ
12 GF Score
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What is Tattooed Chef Sloan Ratio %?

Tattooed Chef TTCFQ -99.00% 12 Sloan Ratio % is -28.41% as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

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.

Tattooed Chef's Sloan Ratio for the quarter that ended in Mar. 2023 was -28.41%.

As of Mar. 2023, Tattooed Chef has a Sloan Ratio of -28.41%, indicating there is a warning stage of accrual build up.


Tattooed Chef  (OTCPK:TTCFQ) 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. 2023, Tattooed Chef has a Sloan Ratio of -28.41%, indicating there is a warning stage of accrual build up.


Tattooed Chef Sloan Ratio % Related Terms


Tattooed Chef Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Sloan Ratio % Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
21.35 32.87 10.47 -12.51

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 11.61 18.32 13.84 -12.51 -28.41

TTCFQ vs KHC, GIS: Sloan Ratio % Comparison

For the Packaged Foods subindustry, Tattooed Chef'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.


Tattooed Chef Sloan Ratio % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Tattooed Chef's Sloan Ratio % falls into.


TTCFQ
12GF Score
Tattooed Chef Inc TTCFQ
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tattooed Chef 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.

Tattooed Chef's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(-141.752--82.726
--32.9)/208.767
=-12.51%

Tattooed Chef's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2023 )
=(-140.664--62.038
--24.552)/190.301
=-28.41%

Tattooed Chef's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was -28.088 (Jun. 2022 ) + -38.496 (Sep. 2022 ) + -54.995 (Dec. 2022 ) + -19.085 (Mar. 2023 ) = $-140.7 Mil.
Tattooed Chef's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was -23.671 (Jun. 2022 ) + -17.222 (Sep. 2022 ) + -15.44 (Dec. 2022 ) + -5.705 (Mar. 2023 ) = $-62.0 Mil.
Tattooed Chef's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was -6.803 (Jun. 2022 ) + -14.473 (Sep. 2022 ) + -2.817 (Dec. 2022 ) + -0.459 (Mar. 2023 ) = $-24.6 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 -28.41% mean?
Tattooed Chef (TTCFQ) has a Sloan Ratio % of -28.41% as of Mar. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Tattooed Chef and its competitors.
Is Tattooed Chef's Sloan Ratio % too high?
Tattooed Chef's current Sloan Ratio % is -28.41%. Overall, Tattooed Chef has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tattooed Chef's Sloan Ratio % compare to KHC and GIS?
Tattooed Chef's Sloan Ratio % of -28.41% 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 Tattooed Chef and its competitors. Tattooed Chef's current Sloan Ratio % is -28.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tattooed Chef stock overvalued right now?
Tattooed Chef (TTCFQ) has a current Sloan Ratio % of -28.41%. The current Sloan Ratio % is -28.41%. Tattooed Chef's overall GF Score™ is 12/100. 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 Tattooed Chef (TTCFQ), the current Sloan Ratio % is -28.41% as of Mar. 2023. 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.

Tattooed Chef Business Description

Address 6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of frozen foods. The company supplies plant-based products to retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
12GF Score

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