Cleco Corporation (CNL)
Cleco Corporation Accruals: -11.34M
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CNL Accruals Rankings
| Overall | 37th percentile | 2712 of 4305 |
| Sector | 76th percentile | 26 of 112 in Utilities |
| Industry | 81st percentile | 9 of 49 in Electric Utilities |
CNL Accruals Range, Past 5 Years
| Minimum | -75.31M | Jun 2011 |
| Maximum | 89.17M | Mar 2010 |
| Average | -10.93M |
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.
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CNL News
about 3 days ago by StockTiger
about 4 days ago by StockTiger
about 25 days ago by earningscast
May 02, 4:43PM Thomson Reuters ONE
Apr 25, 2:44PM Thomson Reuters ONE
about 59 days ago by StockTiger
about 60 days ago by StockTiger
about 73 days ago by MarketBrief
Mar 12, 7:26AM Street Insider
about 95 days ago by earningscast
Feb 22, 4:38PM Thomson Reuters ONE
Feb 10, 11:03AM Thomson Reuters ONE
Feb 08, 9:03AM Benzinga
Jan 31, 8:46AM Thomson Reuters ONE
about 174 days ago by Street_Insider
about 213 days ago by lewisgreen
about 284 days ago by ComprarAcciones
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CNL | 40.93 | +0.25 | +0.61% | 2.489B |
| CNIT | 1.08 | -0.03 | -2.70% | 29.80M |
| CNI | 81.06 | -0.91 | -1.11% | 35.69B |
| CNH | 39.76 | -0.77 | -1.90% | 9.531B |
| CNGL | 0.3801 | +0.00 | +0.00% | 14.03M |
| CLS | 7.57 | +0.01 | +0.13% | 1.496B |
| CLRO | 3.75 | +0.00 | +0.00% | 34.09M |
| CLR | 75.95 | +1.53 | +2.06% | 13.74B |
| CLNY | 16.79 | +0.09 | +0.54% | 555.92M |
| CLNT | 3.13 | +0.01 | +0.32% | 6.573M |
