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Amprius Technologies (Amprius Technologies) Sloan Ratio % : 11.07% (As of Mar. 2024)


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What is Amprius Technologies 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.

Amprius Technologies's Sloan Ratio for the quarter that ended in Mar. 2024 was 11.07%.

As of Mar. 2024, Amprius Technologies has a Sloan Ratio of 11.07%, indicating there is a warning stage of accrual build up.


Amprius Technologies Sloan Ratio % Historical Data

The historical data trend for Amprius Technologies'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.

Amprius Technologies Sloan Ratio % Chart

Amprius Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
-27.74 -6.86 -2.37 5.87

Amprius Technologies Quarterly Data
Dec20 Mar21 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 -4.33 -4.88 6.80 5.87 11.07

Competitive Comparison of Amprius Technologies's Sloan Ratio %

For the Electrical Equipment & Parts subindustry, Amprius Technologies'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.


Amprius Technologies's Sloan Ratio % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Amprius Technologies's Sloan Ratio % falls into.



Amprius Technologies 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.

Amprius Technologies'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 )
=(-36.776--25.553
--17.55)/107.736
=5.87%

Amprius Technologies'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 )
=(-37.56--28.84
--20.306)/104.687
=11.07%

Amprius Technologies's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -9.448 (Jun. 2023 ) + -8.492 (Sep. 2023 ) + -9.734 (Dec. 2023 ) + -9.886 (Mar. 2024 ) = $-37.56 Mil.
Amprius Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -5.583 (Jun. 2023 ) + -8.678 (Sep. 2023 ) + -4.8 (Dec. 2023 ) + -9.779 (Mar. 2024 ) = $-28.84 Mil.
Amprius Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -1.728 (Jun. 2023 ) + -8.931 (Sep. 2023 ) + -5.751 (Dec. 2023 ) + -3.896 (Mar. 2024 ) = $-20.31 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.


Amprius Technologies  (NYSE:AMPX) 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, Amprius Technologies has a Sloan Ratio of 11.07%, indicating there is a warning stage of accrual build up.


Amprius Technologies Sloan Ratio % Related Terms

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Amprius Technologies (Amprius Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1180 Page Avenue, Fremont, CA, USA, 94538
Amprius Technologies Inc is engaged in the production of silicon anodes for high energy density lithium-ion batteries. The company's batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.
Executives
Jonathan Bornstein officer: Chief Operating Officer 1180 PAGE AVENUE, FREMONT CA 94538
Amprius, Inc. 10 percent owner 1180 PAGE AVENUE, FREMONT CA 94538
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Stefan Constantin Ionel officer: Chief Technology Officer 1180 PAGE AVENUE, FREMONT CA 94538
Mary Gustanski director C/O DELPHI TECHNOLOGIES PLC, COURTENEY ROAD HOATH WAY, GILLINGHAM, KENT X0 X0 ME8 0RU
Kathleen A Bayless director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Donald R Dixon director 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Sandra Wallach officer: Chief Financial Officer C/O IDENTIV,INC.,2201 WALNUT AVENUE,, SUITE 310, FREMONT CA 94538
Steven Chu director NVIDIA CORPORATION, 2701 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95050
Kang Sun director, officer: See Remarks 1180 PAGE AVENUE, FREMONT CA 94538
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Anders Pettersson director CARITASGATAN 23A, LIMHAMN V7 216 18
Dieter Zetsche officer: Vice Chairman and President ROSENGARTENSTR. 48, STUTTGART 2M 70184
Kensington Capital Sponsor Iv Llc 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 301, WESTBURY NY 11590
Nicole Nason director 17 PIONEER MILL WAY, ALEXANDRIA VA 22314