Data I/O (Data I/O) Sloan Ratio % : -2.73% (As of Dec. 2023)

Data I/O Sloan Ratio % Chart

Data I/O Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					5.15	-14.59	-4.62	3.73	-2.73

Data I/O Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Sloan Ratio %	Get a 7-Day Free Trial															3.73	2.89	-1.55	-1.22	-2.73

Competitive Comparison of Data I/O's Sloan Ratio %

For the Electronic Components subindustry, Data I/O'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.

Data I/O's Sloan Ratio % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Data I/O's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Data I/O's Sloan Ratio % falls into.

Data I/O 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.

Data I/O's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Data I/O's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Data I/O's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 0.095 (Mar. 2023 ) + 0.3 (Jun. 2023 ) + -0.053 (Sep. 2023 ) + 0.144 (Dec. 2023 ) = $0.49 Mil.
Data I/O's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 0.463 (Mar. 2023 ) + 0.757 (Jun. 2023 ) + 0.241 (Sep. 2023 ) + 0.967 (Dec. 2023 ) = $2.43 Mil.
Data I/O's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -0.183 (Mar. 2023 ) + -0.132 (Jun. 2023 ) + -0.175 (Sep. 2023 ) + -0.705 (Dec. 2023 ) = $-1.20 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.

Data I/O  (NAS:DAIO) 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. 2023, Data I/O has a Sloan Ratio of -2.73%, indicating the company is in the safe zone and there is no funny business with accruals.

Data I/O Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Data I/O's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Data I/O (Data I/O) Business Description