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HomeTrust Bancshares Sloan Ratio %

: -2.59% (As of Sep. 2021)
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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.

HomeTrust Bancshares's Sloan Ratio for the quarter that ended in Sep. 2021 was -2.59%.

As of Sep. 2021, HomeTrust Bancshares has a Sloan Ratio of -2.59%, indicating the company is in the safe zone and there is no funny business with accruals.


HomeTrust Bancshares Sloan Ratio % Historical Data

The historical data trend for HomeTrust Bancshares'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.

HomeTrust Bancshares Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.23 3.36 4.89 5.10 -4.07

HomeTrust Bancshares Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only -0.76 2.09 0.30 -4.07 -2.59

Competitive Comparison

For the Banks - Regional subindustry, HomeTrust Bancshares'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.

   

HomeTrust Bancshares Sloan Ratio % Distribution

For the Banks industry and Financial Services sector, HomeTrust Bancshares's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where HomeTrust Bancshares's Sloan Ratio % falls into.



HomeTrust Bancshares 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.

HomeTrust Bancshares's Sloan Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2021 )-Cash Flow from Operations (A: Jun. 2021 )
-Cash Flow from Investing (A: Jun. 2021 ))/Total Assets (A: Jun. 2021 )
=(15.675-2.756
-156.302)/3524.723
=-4.07%

HomeTrust Bancshares's Sloan Ratio for the quarter that ended in Sep. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM})
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2021 )
=(20.449-55.018
-55.57)/3481.36
=-2.59%

HomeTrust Bancshares's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was 9.461 (Dec. 2020 ) + 7.869 (Mar. 2021 ) + -7.408 (Jun. 2021 ) + 10.527 (Sep. 2021 ) = $20.4 Mil.
HomeTrust Bancshares's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was 24.251 (Dec. 2020 ) + 33.21 (Mar. 2021 ) + 1.078 (Jun. 2021 ) + -3.521 (Sep. 2021 ) = $55.0 Mil.
HomeTrust Bancshares's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was 35.431 (Dec. 2020 ) + -50.703 (Mar. 2021 ) + 21.402 (Jun. 2021 ) + 49.44 (Sep. 2021 ) = $55.6 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.


HomeTrust Bancshares  (NAS:HTBI) 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. 2021, HomeTrust Bancshares has a Sloan Ratio of -2.59%, indicating the company is in the safe zone and there is no funny business with accruals.


HomeTrust Bancshares Sloan Ratio % Related Terms

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HomeTrust Bancshares Business Description

HomeTrust Bancshares logo
Industry
Financial Services » Banks NAICS : 522120 SIC : 6035
Traded in Other Exchanges
N/A
Address
10 Woodfin Street, Asheville, NC, USA, 28801
HomeTrust Bancshares Inc operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction, and development lending, and commercial and industrial loans.
Executives
Koontz Craig C. director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Vuncannon Tony J. officer: EVP, CFO and Treasurer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Westbrook Hunter officer: EVP, Chief Banking Officer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Williams Richard Tyrone director HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Kendall Laura C director C/O CHARLES & COLVARD 3800 GATEWAY BLVD #310 MORRISVILLE NC 27560
Houghton Keith J officer: EVP, Chief Credit Officer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Stonestreet Dana L. director, officer: President and CEO C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Biesecker Sidney A. director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Goforth J. Steven director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Mcfarland F. K. Iii director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Little R. Parrish officer: EVP, Chief Risk Officer HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
James Robert E. director HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Switzer John director BARINGS LLC 300 SOUTH TRYON STREET, SUITE 2500 CHARLOTTE NC 28202
Caywood Marty T. officer: EVP, Chief Information Officer HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Labian Paula C. officer: EVP, Chief Human Resources Off HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801

HomeTrust Bancshares Headlines

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