Ion Geophysical Corporation (IO)
Ion Geophysical Corporation Accruals: -43.60M
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IO Accruals Rankings
| Overall | 18th percentile | 3496 of 4311 |
| Sector | 18th percentile | 643 of 790 in Technology |
| Industry | 3rd percentile | 52 of 54 in Scientific & Technical Instruments |
IO Accruals Range, Past 5 Years
| Minimum | -400.93M | Dec 2008 |
| Maximum | 11.26M | Mar 2008 |
| Average | -47.80M |
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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IO News
about 14 days ago by MarketBrief
about 16 days ago by TradeIdeasQuant
May 05, 8:26AM Seeking Alpha
May 03, 1:00PM The Wall Street Journal
about 27 days ago by earningscast
Mar 27, 7:09AM CNW Group
about 75 days ago by RecogniaEvents
about 76 days ago by Contrarius
about 77 days ago by MicroInsider
about 96 days ago by jamiemc101
about 98 days ago by jamiemc101
Feb 21, 7:04AM Benzinga
about 103 days ago by ratsters
Feb 16, 3:35PM Seeking Alpha
about 104 days ago by earningscast
about 104 days ago by TradeIdeasQuant
Feb 15, 4:33PM Street Insider
about 105 days ago by Benzinga
Feb 13, 4:15PM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IO | 6.05 | -0.34 | -5.32% | 994.22M |
| INXN | 16.87 | -0.49 | -2.82% | 1.148B |
| INWK | 11.76 | -0.05 | -0.42% | 555.54M |
| INVE | 1.35 | -0.02 | -1.46% | 78.93M |
| INV | 0.80 | -0.00 | -0.01% | 12.03M |
| INUV | 0.68 | +0.00 | +0.00% | 15.72M |
| INTX | 11.73 | -0.02 | -0.17% | 206.21M |
| INTU | 56.02 | -0.61 | -1.08% | 16.70B |
| INTT | 3.20 | -0.07 | -2.08% | 33.95M |
| INTL | 18.42 | -0.70 | -3.66% | 362.90M |
