GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Torrid Holdings Inc (NYSE:CURV) » Definitions » Sloan Ratio %

Torrid Holdings (Torrid Holdings) Sloan Ratio % : -1.08% (As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Torrid 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.

Torrid Holdings's Sloan Ratio for the quarter that ended in Jan. 2024 was -1.08%.

As of Jan. 2024, Torrid Holdings has a Sloan Ratio of -1.08%, indicating the company is in the safe zone and there is no funny business with accruals.


Torrid Holdings Sloan Ratio % Historical Data

The historical data trend for Torrid 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.

Torrid Holdings Sloan Ratio % Chart

Torrid Holdings Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Sloan Ratio %
Get a 7-Day Free Trial -0.17 -17.85 -23.10 3.84 -1.08

Torrid Holdings Quarterly Data
Jan19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only 3.84 0.94 0.54 0.04 -1.08

Competitive Comparison of Torrid Holdings's Sloan Ratio %

For the Apparel Retail subindustry, Torrid 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.


Torrid Holdings's Sloan Ratio % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Torrid Holdings's Sloan Ratio % distribution charts can be found below:

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



Torrid 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.

Torrid Holdings's Sloan Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jan. 2024 )-Cash Flow from Operations (A: Jan. 2024 )
-Cash Flow from Investing (A: Jan. 2024 ))/Total Assets (A: Jan. 2024 )
=(11.619-42.771
--26.002)/476.947
=-1.08%

Torrid Holdings's Sloan Ratio for the quarter that ended in Jan. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jan. 2024 )
=(11.619-42.771
--26.002)/476.947
=-1.08%

Torrid Holdings's Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was 11.808 (Apr. 2023 ) + 6.629 (Jul. 2023 ) + -2.748 (Oct. 2023 ) + -4.07 (Jan. 2024 ) = $12 Mil.
Torrid Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2024 was 11.223 (Apr. 2023 ) + 20.472 (Jul. 2023 ) + 2.035 (Oct. 2023 ) + 9.041 (Jan. 2024 ) = $43 Mil.
Torrid Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2024 was -5.66 (Apr. 2023 ) + -3.933 (Jul. 2023 ) + -5.635 (Oct. 2023 ) + -10.774 (Jan. 2024 ) = $-26 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.


Torrid Holdings  (NYSE:CURV) 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 Jan. 2024, Torrid Holdings has a Sloan Ratio of -1.08%, indicating the company is in the safe zone and there is no funny business with accruals.


Torrid Holdings Sloan Ratio % Related Terms

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


Torrid Holdings (Torrid Holdings) Business Description

Traded in Other Exchanges
N/A
Address
18501 East San Jose Avenue, City of Industry, CA, USA, 91748
Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. The company has one reportable segment, which includes the operation of e-Commerce platform and stores.
Executives
Valeria Rico Nikolov director C/O TORRID HOLDINGS INC., 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Mark Mizicko officer: Chief Commercial Officer 18305 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Paula Dempsey officer: See Remarks 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Theo Killion director C/O TOMMY HILFIGER U.S.A., INC., 25 W. 39TH STREET, NEW YORK NY 10018
Bridgett C. Zeterberg officer: See Remarks 18501 E. SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Timothy O Martin officer: See Remarks AMGEN INC, ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Chinwe Abaelu officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Tanner Macdiarmid officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Kelly Mcguire Diehl officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Anne Stephenson officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Elizabeth Munoz director, officer: Chief Executive Officer C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Michael Robert Salmon officer: Chief Operating Officer C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
George Wehlitz officer: Chief Financial Officer C/O TORRID HOLDINGS, 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Sycamore Partners Torrid, L.l.c. 10 percent owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK NY 10019

Torrid Holdings (Torrid Holdings) Headlines

From GuruFocus