Gatx Corporation (GMT)
Gatx Corporation Accruals: 2.10M
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GMT Accruals Rankings
| Overall | 74th percentile | 1119 of 4304 |
| Sector | 78th percentile | 176 of 833 in Services |
| Industry | 87th percentile | 3 of 24 in Rental & Leasing Services |
GMT Accruals Range, Past 5 Years
| Minimum | -119.10M | Dec 2008 |
| Maximum | 32.40M | Sep 2007 |
| Average | -42.08M |
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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GMT News
May 22, 10:35AM Business Wire
May 19, 2:26PM Seeking Alpha
May 10, 11:30AM Business Wire
about 34 days ago by earningscast
about 42 days ago by RecogniaEvents
Apr 13, 10:41AM Business Wire
about 75 days ago by MarketBrief
about 130 days ago by dalegster
about 131 days ago by 1nvestor
Jan 19, 2:22PM Seeking Alpha
about 132 days ago by earningscast
about 132 days ago by TheEquitiesRoom
about 132 days ago by Benzinga
about 138 days ago by hertcapital
Jan 05, 1:54PM Business Wire
about 175 days ago by ToddinFL
about 244 days ago by ycharts
about 421 days ago by 1nvestor
about 498 days ago by SharePlanner
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GMT | 38.98 | +0.31 | +0.80% | 1.811B |
| GMO | 2.61 | +0.10 | +3.98% | 228.86M |
| GMMB | 54.48 | +0.00 | +0.00% | |
| GMM | 58.50 | +1.23 | +2.15% | |
| GMK | 9.13 | +0.33 | +3.75% | 1.240B |
| GLRE | 24.71 | +0.13 | +0.53% | 744.28M |
| GLQ | 11.98 | +0.19 | +1.61% | |
| GLPW | 17.99 | +0.86 | +5.02% | 281.45M |
| GLP | 22.12 | -0.05 | -0.23% | 608.12M |
| GLNG | 35.20 | +0.77 | +2.24% | 2.748B |
