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ZI (ZoomInfo Technologies) Sloan Ratio % : -7.08% (As of Sep. 2024)


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What is ZoomInfo 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.

ZoomInfo Technologies's Sloan Ratio for the quarter that ended in Sep. 2024 was -7.08%.

As of Sep. 2024, ZoomInfo Technologies has a Sloan Ratio of -7.08%, indicating the company is in the safe zone and there is no funny business with accruals.


ZoomInfo Technologies Sloan Ratio % Historical Data

The historical data trend for ZoomInfo 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.

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ZoomInfo Technologies Sloan Ratio % Chart

ZoomInfo Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial 39.33 -2.81 7.49 -1.02 -5.12

ZoomInfo Technologies Quarterly Data
Dec19 Mar20 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 Premium Member Only Premium Member Only -2.52 -5.12 -6.57 -8.06 -7.08

Competitive Comparison of ZoomInfo Technologies's Sloan Ratio %

For the Software - Application subindustry, ZoomInfo 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.


ZoomInfo Technologies's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, ZoomInfo Technologies's Sloan Ratio % distribution charts can be found below:

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



ZoomInfo 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.

ZoomInfo Technologies'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 )
=(107.3-434.9
-24.4)/6868.3
=-5.12%

ZoomInfo Technologies'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 )
=(9-389.2
-72.3)/6394.9
=-7.08%

ZoomInfo Technologies's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -5.5 (Dec. 2023 ) + 15.1 (Mar. 2024 ) + -24.4 (Jun. 2024 ) + 23.8 (Sep. 2024 ) = $9 Mil.
ZoomInfo Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 128.8 (Dec. 2023 ) + 115.9 (Mar. 2024 ) + 126.3 (Jun. 2024 ) + 18.2 (Sep. 2024 ) = $389 Mil.
ZoomInfo Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 35.5 (Dec. 2023 ) + 35.4 (Mar. 2024 ) + 9.2 (Jun. 2024 ) + -7.8 (Sep. 2024 ) = $72 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.


ZoomInfo Technologies  (NAS:ZI) 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, ZoomInfo Technologies has a Sloan Ratio of -7.08%, indicating the company is in the safe zone and there is no funny business with accruals.


ZoomInfo Technologies Sloan Ratio % Related Terms

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ZoomInfo Technologies Business Description

Traded in Other Exchanges
Address
805 Broadway Street, Suite 900, Vancouver, WA, USA, 98660
ZoomInfo Technologies Inc provides a go-to-market intelligence platform for sales and marketing teams. Its cloud-based go-to-market data and insights platform deliver comprehensive and high-quality intelligence and analytics to provide sales and marketing professionals with accurate information and insights on the organizations and professionals. Nearly all of its revenue is derived from the United States.
Executives
David Randall Winn director, 10 percent owner 7900 GLADES ROAD, SUITE 540, BOCA RATON FL 33434
Ali Dasdan officer: Chief Technology Officer C/O ZOOMINFO TECHNOLOGIES INC.,, 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Henry Schuck director, 10 percent owner, officer: Chief Executive Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Peter Cameron Hyzer officer: Chief Financial Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Mark Patrick Mader director 3514 45TH AVE NE, SEATTLE WA 98105
Sriprasadh Cadambi officer: Chief Accounting Officer 805 BROADWAY ST, SUITE 900, VANCOUVER WA 98660
Joseph Christopher Hays officer: Chief Revenue Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Nir Keren officer: Chief Technology Officer C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Keith Enright director C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Alison Gleeson director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Kirk Norman Brown 10 percent owner C/O WILDWOOD LAW GROUP, 3519 NE 15TH AVE, #362, PORTLAND OR 97212
Do Holdings (wa), Llc 10 percent owner C/O ZOOMINFO TECHNOLOGIES INC., 805 BROADWAY STREET, SUITE 900, VANCOUVER WA 98660
Todd Crockett director 125 HIGH STREET, SUITE 2500, BOSTON MA 02110