Great Northern Iron Ore Properties (GNI)
Great Northern Iron Ore Properties Accruals: -1.511M
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GNI Accruals Rankings
| Overall | 58th percentile | 1806 of 4304 |
| Sector | 64th percentile | 175 of 494 in Basic Materials |
| Industry | 46th percentile | 16 of 30 in Steel & Iron |
GNI Accruals Range, Past 5 Years
| Minimum | -2.269M | Mar 2009 |
| Maximum | 3.584M | Sep 2008 |
| Average | 0.0816M |
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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GNI News
about 32 days ago by Dzierga
about 41 days ago by davevermilion
about 41 days ago by davevermilion
about 87 days ago by MarkeScope
about 413 days ago by MagicDiligence
about 492 days ago by Street_Insider
about 506 days ago by GoodLuk2You
about 515 days ago by danshep55
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GNI | 65.28 | +2.39 | +3.80% | 94.34M |
| GNE | 7.07 | +0.06 | +0.86% | |
| GNCMA | 6.33 | -0.36 | -5.38% | 295.30M |
| GNC | 39.54 | -0.01 | -0.03% | |
| GNAT | 21.95 | +0.36 | +1.69% | |
| GMXR | 0.95 | +0.03 | +3.26% | 62.81M |
| 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% |
