Lufkin Industries (LUFK)
Lufkin Industries Accruals: -4.26M
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LUFK Accruals Rankings
| Overall | 48th percentile | 2227 of 4311 |
| Sector | 58th percentile | 206 of 492 in Basic Materials |
| Industry | 58th percentile | 18 of 43 in Oil & Gas Equipment & Services |
LUFK Accruals Range, Past 5 Years
| Minimum | -33.27M | Mar 2009 |
| Maximum | 20.82M | Jun 2008 |
| Average | -1.997M |
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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LUFK News
May 16, 9:14AM Marketwire
about 23 days ago by earningscast
May 07, 6:22AM Street Insider
May 07, 6:00AM PR Newswire
May 03, 8:51AM Street Insider
May 03, 7:00AM PR Newswire
Apr 16, 6:00AM PR Newswire
about 60 days ago by iGrowthInvest
Mar 30, 7:22AM Street Insider
about 63 days ago by MarketBrief
about 70 days ago by melomal
Mar 21, 7:00AM PR Newswire
about 82 days ago by ScholzCapital
Mar 01, 4:33PM PR Newswire
about 111 days ago by earningscast
about 139 days ago by Contrarius
about 153 days ago by contrarian1
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LUFK | 58.13 | -3.46 | -5.62% | 2.045B |
| LUB | 5.23 | -0.09 | -1.69% | 149.86M |
| LTXC | 6.95 | -0.10 | -1.42% | 345.52M |
| LTS | 1.45 | -0.02 | -1.36% | 270.61M |
| LPSB | 9.26 | +0.00 | +0.00% | |
| LPS | 23.37 | +0.12 | +0.52% | 1.963B |
| LPR | 3.055 | -0.24 | -7.42% | 280.57M |
| LPNT | 36.92 | -0.73 | -1.94% | 1.813B |
| LPLA | 31.61 | -0.48 | -1.50% | 3.556B |
| LPL | 8.90 | -0.10 | -1.11% | 6.441B |
