GURUFOCUS.COM » STOCK LIST » Technology » Software » SentinelOne Inc (NYSE:S) » Definitions » Sloan Ratio %

SentinelOne (SentinelOne) Sloan Ratio % : -17.70% (As of Jan. 2024)


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

What is SentinelOne 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.

SentinelOne's Sloan Ratio for the quarter that ended in Jan. 2024 was -17.70%.

As of Jan. 2024, SentinelOne has a Sloan Ratio of -17.70%, indicating there is a warning stage of accrual build up.


SentinelOne Sloan Ratio % Historical Data

The historical data trend for SentinelOne'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.

SentinelOne Sloan Ratio % Chart

SentinelOne Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Sloan Ratio %
-25.75 -8.59 -7.63 49.90 -17.70

SentinelOne Quarterly Data
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 49.90 9.01 -9.62 -10.79 -17.70

Competitive Comparison of SentinelOne's Sloan Ratio %

For the Software - Infrastructure subindustry, SentinelOne'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.


SentinelOne's Sloan Ratio % Distribution in the Software Industry

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

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



SentinelOne 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.

SentinelOne'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 )
=(-338.693--68.374
-140.59)/2321.407
=-17.70%

SentinelOne'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 )
=(-338.693--68.374
-140.59)/2321.407
=-17.70%

SentinelOne's Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was -106.869 (Apr. 2023 ) + -89.538 (Jul. 2023 ) + -70.304 (Oct. 2023 ) + -71.982 (Jan. 2024 ) = $-338.7 Mil.
SentinelOne's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2024 was -28.059 (Apr. 2023 ) + -11.903 (Jul. 2023 ) + -22.23 (Oct. 2023 ) + -6.182 (Jan. 2024 ) = $-68.4 Mil.
SentinelOne's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jan. 2024 was 31.11 (Apr. 2023 ) + -16.402 (Jul. 2023 ) + 12.853 (Oct. 2023 ) + 113.029 (Jan. 2024 ) = $140.6 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.


SentinelOne  (NYSE:S) 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, SentinelOne has a Sloan Ratio of -17.70%, indicating there is a warning stage of accrual build up.


SentinelOne Sloan Ratio % Related Terms

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


SentinelOne (SentinelOne) Business Description

Traded in Other Exchanges
Address
444 Castro Street, Suite 400, Mountain View, CA, USA, 94041
SentinelOne is a cloud-based cybersecurity company specializing in endpoint protection. SentinelOne's primary offering is its Singularity platform that offers a single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The California-based firm was founded in 2013 and went public in 2021.
Executives
Narayanan Srivatsan officer: Chief Operating Officer C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Tomer Weingarten officer: President, CEO C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Insight Associates Fund X Follow-on, Ltd. 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
David J. Bernhardt officer: Chief Financial Officer C/O SENTINELONE, INC., 555 CASTRO STREET, SUITE 400, MOUNTAIN VIEW CA 94041
Ric Smith officer: Chief Technology Officer C/O SENTINELONE, 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Keenan Michael Conder officer: Chief Legal Officer & Sec'y C/O TABLEAU SOFTWARE, INC., 837 N. 34TH ST., SUITE 200, SEATTLE WA 98103
Robin Tomasello officer: Chief Accounting Officer C/O SENTINELONE, INC., 444 CASTRO ST., SUITE 400, MOUNTAIN VIEW CA 94041
Nicholas Warner officer: Chief Operating Officer C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Mark S Peek director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Daniel S Loeb 10 percent owner THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Robert S Schwartz director C/O THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Ana G. Pinczuk director 5725 DELPHI DRIVE, TROY MI 48098
Efraim Harari officer: Chief Legal and Trust Officer C/O SENTINELONE, INC., 444 CASTRO SREET, SUITE 400, MOUNTAIN VIEW CA 94041
Insight Associates Xi, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS 36TH FLOOR, NEW YORK NY 10036