Astec Industries (ASTE)
Astec Industries Accruals: 23.76M
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ASTE Accruals Rankings
| Overall | 86th percentile | 568 of 4305 |
| Sector | 72nd percentile | 85 of 313 in Industrial Goods |
| Industry | 46th percentile | 8 of 15 in Farm & Construction Machinery |
ASTE Accruals Range, Past 5 Years
| Minimum | -37.05M | Sep 2009 |
| Maximum | 23.76M | Mar 2012 |
| Average | 0.9633M |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
Learn More
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ASTE News
May 14, 7:00AM PR Newswire
about 33 days ago by earningscast
Mar 23, 9:30AM PR Newswire
about 72 days ago by MarketBrief
about 96 days ago by TradeBot
Feb 21, 8:23AM Street Insider
Feb 10, 8:33AM Street Insider
Feb 10, 8:33AM Street Insider
Feb 06, 8:25AM Street Insider
about 311 days ago by Spyder_Crusher
about 400 days ago by SheldonJ22
about 549 days ago by themeatbaron
about 616 days ago by mhass33
about 622 days ago by mhass33
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ASTE | 28.39 | -0.11 | -0.39% | 644.74M |
| ASRV | 2.60 | -0.11 | -4.06% | 53.25M |
| ASR | 71.20 | +0.68 | +0.96% | 1.972B |
| ASPS | 57.98 | -1.04 | -1.76% | 1.352B |
| AQQ | 3.99 | +0.00 | +0.00% | 11.97M |
| APU | 38.81 | -0.26 | -0.67% | 3.328B |
| APT | 1.25 | -0.02 | -1.57% | 26.36M |
| APSA | 14.37 | +0.47 | +3.37% | 452.45M |
| APRI | 2.70 | -0.05 | -1.82% | 71.60M |
| APPYD | 0.62 | -0.02 | -3.12% |
