Greenlight Reinsurance (GLRE)
Greenlight Reinsurance Accruals: 62.40M
View GLRE Accruals with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
GLRE Accruals Rankings
| Overall | 92nd percentile | 317 of 4304 |
| Sector | 90th percentile | 81 of 861 in Financial |
| Industry | 80th percentile | 16 of 80 in Property & Casualty Insurance |
GLRE Accruals Range, Past 5 Years
| Minimum | -132.80M | Sep 2008 |
| Maximum | 245.83M | Jun 2007 |
| Average | 21.71M |
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
You may also be interested in these GLRE related companies
GLRE News
about 7 days ago by tsxsmallcaps
about 7 days ago by STNet
about 7 days ago by StockTwits
about 7 days ago by abnormalreturns
May 21, 2:06AM Benzinga
about 13 days ago by abnormalreturns
May 14, 9:21AM GlobeNewswire
about 22 days ago by doomdog144
about 25 days ago by StockTwits
about 25 days ago by abnormalreturns
May 01, 11:24AM Seeking Alpha
about 56 days ago by BaselineAce
about 77 days ago by BaselineAce
Feb 22, 12:09PM Seeking Alpha
Feb 21, 5:17PM GlobeNewswire
Feb 15, 11:00AM GlobeNewswire
about 125 days ago by abnormalreturns
about 126 days ago by sellmeonu
about 126 days ago by Street_Insider
about 166 days ago by DedicatedShort
about 180 days ago by abnormalreturns
about 223 days ago by insidermonkey
about 271 days ago by STNet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GLRE | 24.71 | +0.13 | +0.53% | 744.28M |
| GLQ | 11.98 | +0.19 | +1.61% | |
| GLPW | 17.98 | +0.85 | +4.96% | 281.45M |
| GLP | 22.12 | -0.05 | -0.23% | 608.12M |
| GLNG | 35.20 | +0.77 | +2.24% | 2.748B |
| GLL | 18.98 | +0.38 | +2.07% | |
| GLDX | 8.106 | -0.06 | -0.78% | |
| GLDC | 3.33 | -0.14 | -4.03% | 40.70M |
| GLD | 151.00 | -1.68 | -1.10% | |
| GLCH | 0.85 | +0.03 | +3.66% | 104.44M |