GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NuScale Power Corp (NYSE:SMR) » Definitions » Sloan Ratio %

NuScale Power (NuScale Power) Sloan Ratio % : 0.00% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is NuScale Power 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.

NuScale Power's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

Warning Sign:

When sloan ratio (34.07)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Mar. 2024, NuScale Power has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


NuScale Power Sloan Ratio % Historical Data

The historical data trend for NuScale Power'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.

NuScale Power Sloan Ratio % Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
-4.78 -79.96 -1.14 41.27 34.07

NuScale Power Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.73 40.55 17.49 34.07 -

Competitive Comparison of NuScale Power's Sloan Ratio %

For the Specialty Industrial Machinery subindustry, NuScale Power'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.


NuScale Power's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NuScale Power's Sloan Ratio % distribution charts can be found below:

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



NuScale Power 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.

NuScale Power's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-58.362--183.254
-48.275)/224.858
=34.07%

NuScale Power's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-63.972--173.606
--1.374)/229.816
=48.30%

NuScale Power's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -9.523 (Jun. 2023 ) + -19.122 (Sep. 2023 ) + -18.755 (Dec. 2023 ) + -16.572 (Mar. 2024 ) = $-63.97 Mil.
NuScale Power's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -39.23 (Jun. 2023 ) + -27.675 (Sep. 2023 ) + -73.212 (Dec. 2023 ) + -33.489 (Mar. 2024 ) = $-173.61 Mil.
NuScale Power's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -1.269 (Jun. 2023 ) + -0.054 (Sep. 2023 ) + -0.051 (Dec. 2023 ) + 0 (Mar. 2024 ) = $-1.37 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.


NuScale Power  (NYSE:SMR) 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 Mar. 2024, NuScale Power has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


NuScale Power Sloan Ratio % Related Terms

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


NuScale Power (NuScale Power) Business Description

Traded in Other Exchanges
N/A
Address
6650 SW Redwood Lane, Suite 210, Portland, OR, USA, 97224
NuScale Power Corp is engaged in the development of a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications.
Executives
Thomas P Mundy officer: Chief Commercial Officer 6550 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Chris Colbert officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Shinji Fujino director 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Robert Ramsey Hamady officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Carl M. Fisher officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Rudy Murgo officer: Treasurer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Karin Feldman officer: Interim Chief Operating Office 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
John Lawrence Hopkins director, officer: Chief Executive Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Julie Adelman officer: Controller 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Clayton Scott officer: EVP, Business Development 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Robert K Temple officer: General Counsel 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Reyes Jose N Jr officer: Chief Technology Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Dale Atkinson officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Ibk Securities Co., Ltd. 10 percent owner 11 GUKJEGEUMYUNG-RO 6-GIL, YEONGDEUNGPO-GU, SEOUL M5 07330

NuScale Power (NuScale Power) Headlines