CenterPoint Energy (CNP)
CenterPoint Energy Accruals: -277.00M
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CNP Accruals Rankings
| Overall | 5th percentile | 4063 of 4305 |
| Sector | 18th percentile | 91 of 112 in Utilities |
| Industry | 18th percentile | 18 of 22 in Diversified Utilities |
CNP Accruals Range, Past 5 Years
| Minimum | -505.00M | Sep 2009 |
| Maximum | 661.00M | Sep 2011 |
| Average | -193.55M |
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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CNP News
May 21, 5:22PM Street Insider
May 17, 11:45AM PR Newswire
about 17 days ago by azendrian
about 24 days ago by 1nvestor
May 03, 3:30PM Seeking Alpha
about 25 days ago by earningscast
Apr 26, 5:14PM Street Insider
about 73 days ago by MarketBrief
about 73 days ago by waterburyresearch
about 75 days ago by Lookatthesky
about 75 days ago by Conner306
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CNP | 20.18 | +0.15 | +0.75% | 8.603B |
| CNO | 6.72 | -0.06 | -0.89% | 1.628B |
| CNMD | 27.23 | -0.10 | -0.37% | 762.71M |
| 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 |
