Griffon Corporation (GFF)
Griffon Corporation Accruals: -9.608M
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GFF Accruals Rankings
| Overall | 39th percentile | 2605 of 4304 |
| Sector | 19th percentile | 251 of 313 in Industrial Goods |
| Industry | 28th percentile | 15 of 21 in General Building Materials |
GFF Accruals Range, Past 5 Years
| Minimum | -47.41M | Sep 2008 |
| Maximum | 22.14M | Dec 2010 |
| Average | -16.57M |
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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GFF News
May 01, 4:30PM Business Wire
Apr 24, 9:00AM Marketwire
Feb 07, 4:01PM Business Wire
about 119 days ago by earningscast
Jan 24, 4:01PM Business Wire
about 161 days ago by MarketBrief
about 174 days ago by ToddinFL
about 193 days ago by DynamicDividend
about 194 days ago by Benzinga
about 315 days ago by BullTard
about 368 days ago by OakTree
about 379 days ago by OakTree
about 799 days ago by YoYo_Trader
about 811 days ago by WeeklyTA
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GFF | 7.82 | -0.08 | -1.01% | 482.65M |
| GFED | 7.46 | +0.00 | +0.00% | 19.99M |
| GFA | 2.74 | +0.07 | +2.62% | 592.80M |
| GF | 13.46 | -0.03 | -0.22% | |
| GEX | 9.70 | +0.02 | +0.23% | |
| GEVO | 5.77 | -0.09 | -1.54% | 152.90M |
| GEVA | 37.84 | -0.35 | -0.92% | 801.07M |
| GET | 34.22 | -0.28 | -0.81% | 1.661B |
| GES | 27.11 | +0.41 | +1.54% | 2.432B |
| GERN | 1.42 | +0.03 | +2.16% | 187.81M |
