Science Applications International (Science Applications International) Sloan Ratio % : -4.38% (As of Jan. 2024)

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What is Science Applications International Sloan Ratio %?

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.

Science Applications International's Sloan Ratio for the quarter that ended in Jan. 2024 was -4.38%.

As of Jan. 2024, Science Applications International has a Sloan Ratio of -4.38%, indicating the company is in the safe zone and there is no funny business with accruals.

Science Applications International Sloan Ratio % Historical Data

The historical data trend for Science Applications International'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.

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Science Applications International Sloan Ratio % Chart

Science Applications International Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Sloan Ratio %

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-3.93

11.97

0.89

-3.54

-4.38

Science Applications International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Sloan Ratio %	Get a 7-Day Free Trial															-3.54	-8.01	-5.66	-4.90	-4.38

Competitive Comparison of Science Applications International's Sloan Ratio %

For the Information Technology Services subindustry, Science Applications International'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.

Science Applications International's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Science Applications International's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Science Applications International's Sloan Ratio % falls into.

Science Applications International 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.

Science Applications International's Sloan Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Sloan Ratio	=	(Net Income (A: Jan. 2024 )	-	Cash Flow from Operations (A: Jan. 2024 )
	-	Cash Flow from Investing (A: Jan. 2024 ))	/	Total Assets (A: Jan. 2024 )
	=	(477	-	396
	-	314)	/	5314
	=	-4.38%

Science Applications International's Sloan Ratio for the quarter that ended in Jan. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Jan. 2024 )
	=	(477	-	396
	-	314)	/	5314
	=	-4.38%

Science Applications International's Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was 98 (Apr. 2023 ) + 247 (Jul. 2023 ) + 93 (Oct. 2023 ) + 39 (Jan. 2024 ) = $477 Mil.
Science Applications International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2024 was 82 (Apr. 2023 ) + 150 (Jul. 2023 ) + 101 (Oct. 2023 ) + 63 (Jan. 2024 ) = $396 Mil.
Science Applications International's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2024 was 336 (Apr. 2023 ) + -2 (Jul. 2023 ) + -10 (Oct. 2023 ) + -10 (Jan. 2024 ) = $314 Mil.

Science Applications International (NAS:SAIC) 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 Jan. 2024, Science Applications International has a Sloan Ratio of -4.38%, indicating the company is in the safe zone and there is no funny business with accruals.

Science Applications International Sloan Ratio % Related Terms

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Science Applications International (Science Applications International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Science Applications International Corp (NAS:SAIC) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

85S:Germany

Address

12010 Sunset Hills Road, Reston, VA, USA, 20190

Website

https://www.saic.com

Science Applications International Corp provides technical, engineering and enterprise IT services primarily to the U.S. government. Specifically, the company offers engineering, systems integration and information technology for large government projects and a broad range of services with an emphasis on higher-end technology services. The company's end-to-end enterprise IT offerings span the entire spectrum of customers' IT infrastructure.

Executives

Michelle A. O'hara	officer: EVP, CHRO	12010 SUNSET HILLS ROAD, RESTON VA 20190
Donna S Morea	director	214 N TRYON STREET, CHARLOTTE NC 28202
Robert S. Genter	officer: EVP, CGM, Civilian Markets	12010 SUNSET HILLS ROAD, RESTON VA 20190
Toni Townes-whitley	director, officer: Chief Executive Officer	8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Dana S Deasy	director
Michael W. Larouche	officer: EVP, CGM, National Security	12010 SUNSET HILLS ROAD, RESTON VA 20190
Katharina G. Mcfarland	director	4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Nazzic S Keene	officer: COO, Sector President	1710 SAIC DRIVE, MCLEAN VA 22102
James Reagan	director	C/O DELTEK, 13880 DULLES CORNER LANE, HERNDON VA 20171
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Hilary Hageman	officer: EVP General Counsel, Secretary	9333 BALBOA AVENUE, SAN DIEGO CA 92123
Timothy J Mayopoulos	director	C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Steven G Mahon	officer: EVP General Counsel, Secretary	C/O MTS SYSTEMS CORPORATION, 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Prabu Natarajan	officer: EVP, Chief Financial Officer	12010 SUNSET HILLS ROAD, RESTON VA 20190
Milford W Mcguirt	director	3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339