SLM Corp Financials
| SLM Stock | USD 22.10 0.17 0.78% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.39 | 0.3213 |
|
| |||||
| Return On Assets | 0.0209 | 0.0199 |
|
| |||||
| Return On Equity | 0.32 | 0.3091 |
|
| |||||
| Debt Equity Ratio | 2.64 | 2.7794 |
|
| |||||
| Operating Income | 1.3 B | 1.4 B |
|
| |||||
| Current Ratio | 13.05 | 23.53 |
|
|
The financial analysis of SLM Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for SLM Corp includes many different criteria found on its balance sheet. For example, investors should never minimize SLM Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor SLM Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in SLM Corp.
Net Income |
|
With this module, you can analyze SLM financials for your investing period. You should be able to track the changes in SLM Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
SLM | Select Account or Indicator |
Understanding current and past SLM Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SLM Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in SLM Corp's assets may result in an increase in income on the income statement.
The data published in SLM Corp's official financial statements usually reflect SLM Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of SLM Corp. For example, before you start analyzing numbers published by SLM accountants, it's critical to develop an understanding of what SLM Corp's liquidity, profitability, and earnings quality are in the context of the Consumer Finance space in which it operates.
Please note, the presentation of SLM Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SLM Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in SLM Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SLM Corp. Please utilize our Beneish M Score to check the likelihood of SLM Corp's management manipulating its earnings.
SLM Corp Stock Summary
SLM Corp competes with Orix Corp, FirstCash, Medallion Financial, Oportun Financial, and EZCORP. SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. SLM Corp operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 1450 people.| Foreign Associate | Thailand |
Specialization | Financial Services, Financial Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US78442P1066 |
| CUSIP | 78442P106 78442A109 90390U102 |
| Location | Delaware; U.S.A |
| Business Address | 300 Continental Drive, |
| Sector | Consumer Finance |
| Industry | Financials |
| Benchmark | NYSE Composite |
| Website | www.salliemae.com |
| Phone | 302 451 0200 |
| Currency | USD - US Dollar |
You should never invest in SLM Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SLM Stock, because this is throwing your money away. Analyzing the key information contained in SLM Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SLM Corp Key Financial Ratios
Generally speaking, SLM Corp's financial ratios allow both analysts and investors to convert raw data from SLM Corp's financial statements into concise, actionable information that can be used to evaluate the performance of SLM Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SLM Corp reports annually and quarterly.| Return On Equity | 0.32 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | 0.53 % |
SLM Corp Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
| Other Current Liab | (289.2M) | 22.7B | 20.8B | 21.4B | 24.7B | 25.9B | |
| Net Debt | (920.6M) | 733.9M | 1.6B | 619.0M | 1.1B | 1.0B | |
| Retained Earnings | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
| Accounts Payable | 24.3B | 22.7B | 20.8B | 21.4B | 24.7B | 25.9B | |
| Cash | 5.6B | 4.5B | 4.3B | 4.6B | 4.1B | 3.8B | |
| Other Assets | 24.4B | 20.3B | 18.1B | 22.3B | 23.1B | 24.2B | |
| Net Receivables | 1.5B | 1.8B | 1.5B | 1.6B | 1.7B | 1.7B | |
| Total Liab | 29.4B | 5.2B | 5.9B | 27.1B | 5.2B | 5.0B | |
| Total Current Assets | 7.6B | 8.2B | 8.3B | 6.3B | 5.9B | 5.6B | |
| Short Term Debt | 15.5B | 18.9B | 289.2M | 199.6M | 179.6M | 170.6M | |
| Common Stock | 90.7M | 91.3M | 86.4M | 87.0M | 87.6M | 95.3M | |
| Other Current Assets | (7.3B) | (6.4B) | (6.0B) | (6.4B) | (5.9B) | (5.6B) | |
| Long Term Debt | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 9.8B | |
| Treasury Stock | (142.6M) | (324.7M) | (799.0M) | (2.1B) | (1.9B) | (1.8B) | |
| Net Tangible Assets | 2.9B | 2.3B | 1.9B | 1.4B | 1.2B | 2.1B | |
| Long Term Debt Total | 4.4B | 5.2B | 5.9B | 5.2B | 4.7B | 4.5B |
SLM Corp Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what SLM Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 707.7M | 541.7M | 382.1M | 542.8M | 13.5M | 12.8M | |
| Operating Income | 743.7M | 1.2B | 1.5B | 637.6M | 1.4B | 1.3B | |
| Ebit | 743.7M | 1.2B | 1.5B | 637.6M | 1.4B | 1.3B | |
| Ebitda | 758.4M | 1.2B | 1.6B | 645.3M | 1.4B | 2.1B | |
| Net Income | 578.3M | 880.7M | 1.2B | 469.0M | 563.7M | 585.0M | |
| Income Tax Expense | 165.5M | 273.3M | 379.8M | 161.7M | 196.9M | 273.6M | |
| Total Revenue | 1.7B | 1.8B | 2.0B | 1.8B | 2.6B | 2.1B | |
| Gross Profit | 1.4B | 1.6B | 1.5B | 1.3B | 2.0B | 2.1B | |
| Income Before Tax | 743.7M | 1.2B | 1.5B | 630.7M | 778.3M | 951.9M | |
| Cost Of Revenue | 263.2M | 233.6M | 495.3M | 530.5M | 573.4M | 544.8M | |
| Tax Provision | 165.5M | 273.3M | 379.8M | 161.7M | 120.6M | 208.3M | |
| Interest Income | 2.3B | 2.0B | 1.8B | 2.0B | 2.5B | 1.8B | |
| Net Interest Income | 1.6B | 1.5B | 1.4B | 1.5B | 1.6B | 1.5B |
SLM Corp Key Cash Accounts
Cash flow analysis captures how much money flows into and out of SLM Corp. It measures of how well SLM is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money SLM Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money SLM had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what SLM Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.0B | (1.1B) | (64.4M) | 227.5M | (473.3M) | (449.7M) | |
| Free Cash Flow | (15.6M) | 2.1B | (49.5M) | 5.0M | (352.3M) | (369.9M) | |
| Other Non Cash Items | 373.0M | (105.2M) | (540.1M) | 413.5M | 223.7M | 234.9M | |
| Dividends Paid | 68.0M | 56.1M | 65.2M | 122.0M | 118.9M | 103.5M | |
| Net Income | 578.3M | 880.7M | 1.2B | 469.0M | 581.4M | 627.0M | |
| End Period Cash Flow | 5.7B | 4.6B | 4.5B | 4.8B | 4.3B | 2.7B | |
| Change To Inventory | (53.3M) | (199.4M) | (15.1M) | (28.1M) | (32.3M) | (33.9M) | |
| Investments | (305.5M) | (1.4B) | (391.4M) | 79.2M | (872.0M) | (915.7M) | |
| Net Borrowings | 289.2M | 203.1M | 287.8M | (415K) | (477.3K) | (501.1K) | |
| Depreciation | 14.7M | 15.1M | 16.0M | 25.1M | 84.2M | 54.0M | |
| Change To Netincome | (593.9M) | (1.1B) | (1.2B) | (464.0M) | (417.6M) | (396.7M) |
SLM Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SLM Corp's current stock value. Our valuation model uses many indicators to compare SLM Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SLM Corp competition to find correlations between indicators driving SLM Corp's intrinsic value. More Info.SLM Corp is currently regarded as top stock in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SLM Corp is roughly 16.03 . At this time, SLM Corp's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value SLM Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SLM Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SLM Corp's earnings, one of the primary drivers of an investment's value.SLM Corp Systematic Risk
SLM Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SLM Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on SLM Corp correlated with the market. If Beta is less than 0 SLM Corp generally moves in the opposite direction as compared to the market. If SLM Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SLM Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SLM Corp is generally in the same direction as the market. If Beta > 1 SLM Corp moves generally in the same direction as, but more than the movement of the benchmark.
About SLM Corp Financials
What exactly are SLM Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SLM Corp's income statement, its balance sheet, and the statement of cash flows. Potential SLM Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SLM Corp investors may use each financial statement separately, they are all related. The changes in SLM Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SLM Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze SLM Corp Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as SLM Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of SLM has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if SLM Corp's financials are consistent with your investment objective using the following steps:- Review SLM Corp's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand SLM Corp's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare SLM Corp's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if SLM Corp's stock is overvalued or undervalued.
SLM Corp Thematic Clasifications
SLM Corp is part of Momentum investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis long run momentum stocks. Large corporations operating in software, education, financial and car manufacturing industries
This theme covers Macroaxis long run momentum stocks. Large corporations operating in software, education, financial and car manufacturing industries. Get More Thematic Ideas
| Momentum | View |
Today, most investors in SLM Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SLM Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of SLM Corp growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
SLM Corp April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SLM Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SLM Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of SLM Corp based on widely used predictive technical indicators. In general, we focus on analyzing SLM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SLM Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.28 | |||
| Information Ratio | 0.0977 | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.51 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for SLM Stock analysis
When running SLM Corp's price analysis, check to measure SLM Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SLM Corp is operating at the current time. Most of SLM Corp's value examination focuses on studying past and present price action to predict the probability of SLM Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLM Corp's price. Additionally, you may evaluate how the addition of SLM Corp to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance |
Is SLM Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SLM Corp. If investors know SLM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SLM Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.44 | Earnings Share 2.41 | Revenue Per Share 6.326 | Quarterly Revenue Growth 8.819 |
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.