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Churchill Capital V (Churchill Capital V) Sloan Ratio % : -227.22% (As of Jun. 2023)


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What is Churchill Capital V 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.

Churchill Capital V's Sloan Ratio for the quarter that ended in Jun. 2023 was -227.22%.

As of Jun. 2023, Churchill Capital V has a Sloan Ratio of -227.22%, indicating there is a warning stage of accrual build up.


Churchill Capital V Sloan Ratio % Historical Data

The historical data trend for Churchill Capital V'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.

Churchill Capital V Sloan Ratio % Chart

Churchill Capital V Annual Data
Trend Dec20 Dec21 Dec22
Sloan Ratio %
- 0.89 4.79

Churchill Capital V Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -225.48 -227.22

Competitive Comparison of Churchill Capital V's Sloan Ratio %

For the Shell Companies subindustry, Churchill Capital V'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.


Churchill Capital V's Sloan Ratio % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Churchill Capital V's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Churchill Capital V's Sloan Ratio % falls into.



Churchill Capital V 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.

Churchill Capital V's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(24.091--1.467
-1.369)/505.213
=4.79%

Churchill Capital V's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(7.48--4.068
-357.329)/152.179
=-227.22%

Churchill Capital V's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 7.018 (Sep. 2022 ) + 2.483 (Dec. 2022 ) + -3.002 (Mar. 2023 ) + 0.981 (Jun. 2023 ) = $7.48 Mil.
Churchill Capital V's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was -0.586 (Sep. 2022 ) + -0.263 (Dec. 2022 ) + -0.929 (Mar. 2023 ) + -2.29 (Jun. 2023 ) = $-4.07 Mil.
Churchill Capital V's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was 0.631 (Sep. 2022 ) + 0.165 (Dec. 2022 ) + 356.628 (Mar. 2023 ) + -0.095 (Jun. 2023 ) = $357.33 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.


Churchill Capital V  (NYSE:CCV) 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. 2023, Churchill Capital V has a Sloan Ratio of -227.22%, indicating there is a warning stage of accrual build up.


Churchill Capital V Sloan Ratio % Related Terms

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Churchill Capital V (Churchill Capital V) Business Description

Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
Churchill Capital Corp V is a blank check company.
Executives
Magnetar Financial Llc 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
David J. Snyderman 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alan Schrager director C/O OHA INVESTMENT CORPORATION, 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Michael Stuart Klein director, 10 percent owner, officer: See Remarks C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark D Klein director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Karen G Mills director C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Dena J. Brumpton director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
M. Klein Associates, Inc. 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin officer: Chief Financial Officer 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
William J. Bynum director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Churchill Sponsor V Llc 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019