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The following section summarizes insights on Kokusai Electric Corp's Sloan Ratio:
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Sloan Ratio in the risk category include:
A formula developed by Richard Sloan in 1996 that measures the degree of accruals versus reported earnings.
Sloan Ratio is defined as:
Accruals
(/) Average Total Assets
(=) Sloan Ratio
where Accruals = Net Income - Cash from Operations - Cash from Investing
Sloan Ratio for Kokusai Electric is calculated as follows:
(+) Net Income [ 31.704 B ]
(-) Cash Flow From Operations [ -30.552 B ]
(-) Cash Flow From Investing [ 25.379 B ]
(=) Accruals [ 26.531 B ]
Accrual [ 26.531 B ]
(/) Average Assets over Period [ 368.8 B ]
(=) Sloan Ratio [ 7.2% ]
A Sloan Ratio between -10% and 10% is generally considered safe. If the Sloan ratio exceeds 25% or is less than -25% for consecutive years may be cause for concern. Kokusai Electric has a Sloan ratio in the Safe Zone.
The chart above depicts the distribution of Sloan Ratio for companies operating in the Information Technology Sector in the Developed economic region. Over 2,560 companies were considered in this analysis, and 2,464 had meaningful values. The average Sloan Ratio of companies in the Sector is -11.0% with a standard deviation of 35.4%. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
Kokusai Electric Corp's Sloan Ratio of 7.2% ranks in the 83.6% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 2,566 |
| Included Constituents | 2,464 |
| Min | -296.6% |
| Max | 41.0% |
| Median | -2.9% |
| Mean | -11.0% |
| Standard Deviation | 35.4% |
You can find companies with similar Sloan Ratio using this stock screener.