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Full Truck Alliance Co (Full Truck Alliance Co) Sloan Ratio % : 0.00% (As of Mar. 2024)


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What is Full Truck Alliance Co 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.

Full Truck Alliance Co's Sloan Ratio for the quarter that ended in Mar. 2024 was 0.00%.

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


Full Truck Alliance Co Sloan Ratio % Historical Data

The historical data trend for Full Truck Alliance Co'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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Full Truck Alliance Co Sloan Ratio % Chart

Full Truck Alliance Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
16.46 -5.39 31.85 -4.66 -1.55

Full Truck Alliance Co Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Full Truck Alliance Co's Sloan Ratio %

For the Software - Application subindustry, Full Truck Alliance Co'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.


Full Truck Alliance Co's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Full Truck Alliance Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Full Truck Alliance Co's Sloan Ratio % falls into.



Full Truck Alliance Co 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.

Full Truck Alliance Co'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 )
=(309.92-317.869
-77.552)/5510.721
=-1.55%

Full Truck Alliance Co'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 )
=(331.243-0
-0)/5487.25
=6.04%

Full Truck Alliance Co's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 84.556 (Jun. 2023 ) + 84.182 (Sep. 2023 ) + 81.803 (Dec. 2023 ) + 80.702 (Mar. 2024 ) = $331 Mil.
Full Truck Alliance Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = $0 Mil.
Full Truck Alliance Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was 0 (Jun. 2023 ) + 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Mar. 2024 ) = $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.


Full Truck Alliance Co  (NYSE:YMM) 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, Full Truck Alliance Co has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Full Truck Alliance Co Sloan Ratio % Related Terms

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Full Truck Alliance Co (Full Truck Alliance Co) Business Description

Traded in Other Exchanges
Address
20 Fengxin Road, Wanbo Science and Technology Park, Yuhuatai District, Nanjing, CHN, 210012
Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and the website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services and value-added services.