Kulicke & Soffa Industries (Kulicke & Soffa Industries) Sloan Ratio %

Kulicke & Soffa Industries Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Sloan Ratio %							-9.43	7.95	9.29	-5.69	-1.66

Kulicke & Soffa Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Sloan Ratio %																-9.84	6.52	-1.29	-1.66	5.64

For the Semiconductor Equipment & Materials subindustry, Kulicke & Soffa Industries'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.

For the Semiconductors industry and Technology sector, Kulicke & Soffa Industries's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Kulicke & Soffa Industries's Sloan Ratio % falls into.

Kulicke & Soffa Industries 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.

Kulicke & Soffa Industries's Sloan Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Kulicke & Soffa Industries's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Kulicke & Soffa Industries's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 15.041 (Mar. 2023 ) + 4.161 (Jun. 2023 ) + 23.357 (Sep. 2023 ) + 9.293 (Dec. 2023 ) = $51.9 Mil.
Kulicke & Soffa Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 1.82 (Mar. 2023 ) + 8.976 (Jun. 2023 ) + 77.492 (Sep. 2023 ) + -7.331 (Dec. 2023 ) = $81.0 Mil.
Kulicke & Soffa Industries's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -147.283 (Mar. 2023 ) + 24.473 (Jun. 2023 ) + 70.386 (Sep. 2023 ) + -60.541 (Dec. 2023 ) = $-113.0 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.

Kulicke & Soffa Industries  (NAS:KLIC) 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, Kulicke & Soffa Industries has a Sloan Ratio of 5.64%, indicating the company is in the safe zone and there is no funny business with accruals.

Kulicke & Soffa Industries Sloan Ratio % Related Terms

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Kulicke & Soffa Industries (Kulicke & Soffa Industries) Business Description