Level 3 Communications (LVLT)
Level 3 Communications Accruals: -63.00M
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LVLT Accruals Rankings
| Overall | 15th percentile | 3661 of 4311 |
| Sector | 15th percentile | 671 of 790 in Technology |
| Industry | 16th percentile | 21 of 25 in Diversified Communication Services |
LVLT Accruals Range, Past 5 Years
| Minimum | -352.00M | Dec 2011 |
| Maximum | -63.00M | Mar 2012 |
| Average | -234.30M |
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
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LVLT News
May 24, 9:00AM Marketwire
about 8 days ago by abubnic
about 9 days ago by MarketBrief
about 12 days ago by monteazul
about 12 days ago by MarketBrief
about 14 days ago by MarketBrief
May 15, 3:00AM PR Newswire
May 14, 7:00AM PR Newswire
about 19 days ago by TradeIdeasQuant
about 19 days ago by fundy_mental
about 20 days ago by sonnydelite
May 07, 8:00AM PR Newswire
May 04, 11:13AM Street Insider
about 26 days ago by gtlackey
May 03, 1:20PM Seeking Alpha
Apr 30, 9:42AM Wall St. Cheat Sheet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LVLT | 21.56 | -0.78 | -3.49% | 4.828B |
| LVL | 12.16 | -0.18 | -1.46% | |
| LVB | 22.35 | -0.09 | -0.40% | 277.36M |
| LUX | 32.38 | -1.35 | -4.00% | 15.76B |
| LUV | 8.83 | -0.11 | -1.23% | 6.910B |
| LINE | 35.58 | -0.49 | -1.36% | 7.191B |
| LINC | 6.00 | -0.04 | -0.66% | 137.11M |
| LIME | 2.515 | -0.01 | -0.59% | 60.67M |
| LII | 42.59 | -1.53 | -3.47% | 2.244B |
| LIFE | 41.16 | -0.65 | -1.55% | 7.453B |
