Sixth Street Specialty Stock Piotroski F Score

TSLX Stock  USD 21.14  0.21  1.00%   
This module uses fundamental data of Sixth Street to approximate its Piotroski F score. Sixth Street F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sixth Street Specialty. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Sixth Street financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Sixth Street Altman Z Score, Sixth Street Correlation, Sixth Street Valuation, as well as analyze Sixth Street Alpha and Beta and Sixth Street Hype Analysis.
  
At this time, Sixth Street's Long Term Debt is fairly stable compared to the past year. Net Debt To EBITDA is likely to rise to 51.16 in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 976.7 M in 2024. At this time, Sixth Street's PTB Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to rise to 36.94 in 2024, whereas Price To Sales Ratio is likely to drop 3.99 in 2024.
At this time, it appears that Sixth Street's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Sixth Street Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sixth Street is to make sure Sixth is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sixth Street's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Sixth Street's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04730.0664
Way Down
Slightly volatile
Asset Turnover0.140.131
Notably Up
Slightly volatile
Gross Profit Margin0.740.61
Fairly Up
Slightly volatile
Total Current Liabilities66 M62.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total870.7 M1.4 B
Way Down
Slightly volatile
Total AssetsB3.3 B
Way Down
Slightly volatile
Total Current Assets80.5 M84.7 M
Notably Down
Slightly volatile

Sixth Street Specialty F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Sixth Street's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Sixth Street in a much-optimized way.

About Sixth Street Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

12.48

At this time, Sixth Street's Book Value Per Share is fairly stable compared to the past year.

Sixth Street Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sixth Street from analyzing Sixth Street's financial statements. These drivers represent accounts that assess Sixth Street's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sixth Street's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.4B1.4B1.7B1.4B1.8B1.0B
Enterprise Value2.5B2.5B2.9B2.8B3.6B3.8B

Sixth Street ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sixth Street's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sixth Street's managers, analysts, and investors.
Environmental
Governance
Social

About Sixth Street Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sixth Street Specialty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sixth Street using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sixth Street Specialty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Sixth Stock Analysis

When running Sixth Street's price analysis, check to measure Sixth Street'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 Sixth Street is operating at the current time. Most of Sixth Street's value examination focuses on studying past and present price action to predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.