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Shapeways Holdings (Shapeways Holdings) Sloan Ratio % : 0.00% (As of Dec. 2023)


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What is Shapeways Holdings 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.

Shapeways Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 was 0.00%.

Warning Sign:

When sloan ratio (-63.03)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2023, Shapeways Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Shapeways Holdings Sloan Ratio % Historical Data

The historical data trend for Shapeways Holdings'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.

Shapeways Holdings Sloan Ratio % Chart

Shapeways Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
0.53 -8.79 14.70 36.61 -63.03

Shapeways Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.61 39.70 15.78 -20.98 -

Competitive Comparison of Shapeways Holdings's Sloan Ratio %

For the Specialty Industrial Machinery subindustry, Shapeways Holdings'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.


Shapeways Holdings's Sloan Ratio % Distribution in the Industrial Products Industry

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

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



Shapeways Holdings 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.

Shapeways Holdings'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 )
=(-43.911--26.849
-7.435)/38.867
=-63.03%

Shapeways Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(-43.911--26.849
-7.435)/38.867
=-63.03%

Shapeways Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -7.403 (Mar. 2023 ) + -6.781 (Jun. 2023 ) + -19.193 (Sep. 2023 ) + -10.534 (Dec. 2023 ) = $-43.91 Mil.
Shapeways Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was -7.505 (Mar. 2023 ) + -7.361 (Jun. 2023 ) + -6.575 (Sep. 2023 ) + -5.408 (Dec. 2023 ) = $-26.85 Mil.
Shapeways Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -10.801 (Mar. 2023 ) + 9.346 (Jun. 2023 ) + 8.89 (Sep. 2023 ) + 0 (Dec. 2023 ) = $7.44 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.


Shapeways Holdings  (NAS:SHPW) 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 Dec. 2023, Shapeways Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Shapeways Holdings Sloan Ratio % Related Terms

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Shapeways Holdings (Shapeways Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12163 Globe Street, Livonia, MI, USA, 48150
Shapeways Holdings Inc is engaged in the digital manufacturing industry. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.
Executives
Greg Kress director, officer: Chief Executive Officer C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Joseph Andrew Nied officer: Chief Operating Officer C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Christine Marie Gorjanc director 4500 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Campbell Leslie C.g. director C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Raj Batra director MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Index Ventures V Parallel Entrepreneur Fund (jersey), L.p. 10 percent owner OGIER HOUSE, THE ESPLANADE, ST. HELIER Y9 JE4 9WC
Miko Levy officer: Chief Revenue Officer C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Jennifer Walsh officer: Chief Financial Officer C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH STREET, LONG ISLAND CITY NY 11101
Ryan C. Kearny director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Patrick S Jones director 5555 NE MOORE CT, HILLSBORO OR 97124
Alberto Recchi director 1049 PARK AVENUE FLOOR 14A, NEW YORK NY 10028
Robert Jan Galema director C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101
Index Ventures V (jersey), L.p. 10 percent owner OGIER HOUSE, THE ESPLANADE, ST. HELIER Y9 JE4 9WC
Ah Parallel Fund Iii-a, L.p. 10 percent owner 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Josh Wolfe director C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010

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