GURUFOCUS.COM » STOCK LIST » USA » NAS » Viasat Inc (NAS:VSAT) » Definitions » Sloan Ratio %
Switch to:

Viasat Sloan Ratio %

: 7.20% (As of Jun. 2022)
View and export this data going back to 1996. Start your Free Trial

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.

Viasat's Sloan Ratio for the quarter that ended in Jun. 2022 was 7.20%.

As of Jun. 2022, Viasat has a Sloan Ratio of 7.20%, indicating the company is in the safe zone and there is no funny business with accruals.


Viasat Sloan Ratio % Historical Data

The historical data trend for Viasat'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.

Viasat Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.64 2.41 6.59 3.02 9.53

Viasat Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 7.56 7.54 8.18 9.53 7.20

Competitive Comparison

For the Communication Equipment subindustry, Viasat'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.

   

Viasat Sloan Ratio % Distribution

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

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



Viasat 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.

Viasat's Sloan Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2022 )-Cash Flow from Operations (A: Mar. 2022 )
-Cash Flow from Investing (A: Mar. 2022 ))/Total Assets (A: Mar. 2022 )
=(-15.534-505.641
--1129.843)/6389.346
=9.53%

Viasat's Sloan Ratio for the quarter that ended in Jun. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM})
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2022 )
=(-54.066-480.149
--1001.125)/6483.355
=7.20%

Viasat's Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was 3.291 (Sep. 2021 ) + -6.613 (Dec. 2021 ) + -29.18 (Mar. 2022 ) + -21.564 (Jun. 2022 ) = $-54 Mil.
Viasat's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2022 was 162.67 (Sep. 2021 ) + 158.579 (Dec. 2021 ) + 119.263 (Mar. 2022 ) + 39.637 (Jun. 2022 ) = $480 Mil.
Viasat's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2022 was -214.071 (Sep. 2021 ) + -237.27 (Dec. 2021 ) + -278.927 (Mar. 2022 ) + -270.857 (Jun. 2022 ) = $-1,001 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.


Viasat  (NAS:VSAT) 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 Jun. 2022, Viasat has a Sloan Ratio of 7.20%, indicating the company is in the safe zone and there is no funny business with accruals.


Viasat Sloan Ratio % Related Terms

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


Viasat Business Description

Viasat logo
Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.
Executives
Miller Craig Andrew officer: Pres. Government Systems C/O VIASAT, INC. 6155 EL CAMINO REAL CARLSBAD CA 92009
Nathan Krishna officer: Chief Information Officer 55 WATER STREET NEW YORK NY 10020
Dixon Evan Christopher officer: Pres. Global Fixed Broadband C/O VIASAT, INC. 6155 EL CAMINO REAL CARLSBAD CA 92009
Bridenstine James Frederick director C/O VIASAT, INC. 6155 EL CAMINO REAL CARLSBAD CA 92009
Dodd James Michael officer: President, Global Mobile 6155 EL CAMINO REAL CARLSBAD CA 92009
Wise Theresa director 400 FAIRVIEW AVENUE NORTH SUITE 1200 SEATTLE WA 98109
Klarman Seth A 10 percent owner 10 ST JAMES AVENUE STE 1700 BOSTON MA 02116
Baupost Group Gp, L.l.c. 10 percent owner 10 ST. JAMES AVENUE SUITE 1700 BOSTON MA 02116
Baupost Group Llc/ma 10 percent owner 10 ST JAMES AVE SUITE 1700 BOSTON MA 02116
Ryan David Louis officer: President Space Systems 6155 EL CAMINO REAL CARLSBAD CA 92009
Agnew Marc Henry officer: VP Commercial Networks 6155 EL CAMINO REAL CARLSBAD CA 92009
Pak Sean director 6155 EL CAMINO REAL CARLSBAD CA 92009
Rao Varsha Rajendra director 6155 EL CAMINO REAL CARLSBAD CA 92009
Chandran Girish officer: VP and CTO 6155 EL CAMINO REAL CARLSBAD CA 92009
Blair Robert James Blair officer: Vice President 6155 EL CAMINO REAL CARLSBAD CA 92009

Viasat Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)