Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Sloan Ratio % : -1.86% (As of Dec. 2023)

Kratos Defense & Security Solutions Sloan Ratio % Chart

Kratos Defense & Security Solutions Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					2.21	7.70	1.21	10.71	-1.86

Kratos Defense & Security Solutions 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															10.71	8.44	0.40	0.69	-1.86

Competitive Comparison of Kratos Defense & Security Solutions's Sloan Ratio %

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions's Sloan Ratio % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kratos Defense & Security Solutions's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Kratos Defense & Security Solutions's Sloan Ratio % falls into.

Kratos Defense & Security Solutions 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.

Kratos Defense & Security Solutions's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kratos Defense & Security Solutions's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Kratos Defense & Security Solutions's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -7 (Mar. 2023 ) + -2.7 (Jun. 2023 ) + -1.6 (Sep. 2023 ) + 2.4 (Dec. 2023 ) = $-9 Mil.
Kratos Defense & Security Solutions's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -25.7 (Mar. 2023 ) + 23.6 (Jun. 2023 ) + -0.1 (Sep. 2023 ) + 67.4 (Dec. 2023 ) = $65 Mil.
Kratos Defense & Security Solutions's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -7.7 (Mar. 2023 ) + -3 (Jun. 2023 ) + -14.1 (Sep. 2023 ) + -19 (Dec. 2023 ) = $-44 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.

Kratos Defense & Security Solutions  (NAS:KTOS) 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, Kratos Defense & Security Solutions has a Sloan Ratio of -1.86%, indicating the company is in the safe zone and there is no funny business with accruals.

Kratos Defense & Security Solutions Sloan Ratio % Related Terms

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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description