Goodrich Petroleum Corporation (GDP)
Goodrich Petroleum Corporation Accruals: -49.78M
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GDP Accruals Rankings
| Overall | 17th percentile | 3542 of 4304 |
| Sector | 28th percentile | 355 of 494 in Basic Materials |
| Industry | 39th percentile | 54 of 89 in Independent Oil & Gas |
GDP Accruals Range, Past 5 Years
| Minimum | -255.95M | Sep 2010 |
| Maximum | 143.66M | Sep 2008 |
| Average | -53.49M |
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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GDP News
about 5 days ago by MarketBrief
May 24, 12:00PM PR Newswire
about 6 days ago by TradeIdeasQuant
May 23, 9:17AM Street Insider
about 8 days ago by TradeIdeasQuant
about 8 days ago by DragonSeeker
May 21, 2:13PM Street Insider
about 8 days ago by TradeIdeasQuant
May 21, 12:35PM Street Insider
about 9 days ago by TradeIdeasQuant
May 21, 10:25AM Street Insider
about 21 days ago by SlimPickens
May 09, 8:40AM Street Insider
about 21 days ago by 1nvestor
about 21 days ago by mytfine
about 22 days ago by earningscast
about 23 days ago by 1nvestor
about 33 days ago by eyeonequities
about 33 days ago by MJTiffany
about 48 days ago by TradeIdeasQuant
Apr 12, 7:18AM Street Insider
about 48 days ago by MarketBrief
Apr 05, 9:34AM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GDP | 15.84 | +0.27 | +1.73% | 566.28M |
| GDOT | 22.18 | +0.27 | +1.23% | 776.93M |
| GDO | 19.11 | +0.18 | +0.95% | |
| GDL | 12.19 | +0.02 | +0.16% | |
| GDF | 11.96 | +0.06 | +0.50% | |
| GD | 64.35 | +0.77 | +1.21% | 22.86B |
| GCV | 5.36 | -0.06 | -1.11% | |
| GCOM | 10.80 | +0.05 | +0.47% | 246.71M |
| GCO | 70.18 | +0.80 | +1.15% | 1.694B |
| GCI | 13.16 | +0.18 | +1.39% | 3.076B |