Nabors Industries (NBR)
Nabors Industries Accruals: -110.09M
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NBR Accruals Rankings
| Overall | 10th percentile | 3856 of 4311 |
| Sector | 18th percentile | 399 of 492 in Basic Materials |
| Industry | 31st percentile | 42 of 61 in Oil & Gas Drilling & Exploration |
NBR Accruals Range, Past 5 Years
| Minimum | -697.44M | Jun 2009 |
| Maximum | 15.36M | Sep 2007 |
| Average | -273.00M |
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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NBR News
about 6 days ago by SilentPatriot
about 14 days ago by SteveCaru
about 14 days ago by BrantleyFoster
about 15 days ago by elliottwave
about 16 days ago by RecogniaEvents
about 16 days ago by RecogniaEvents
about 22 days ago by SteveCaru
about 22 days ago by PTSD_Trader
about 24 days ago by tradewithpete
about 27 days ago by TradeIdeasQuant
about 27 days ago by SteveCaru
about 27 days ago by SteveCaru
Apr 26, 1:50PM Street Insider
Apr 25, 4:40PM Seeking Alpha
Apr 25, 12:33PM Fox Business
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NBR | 13.76 | -0.56 | -3.91% | 3.972B |
| NBL | 84.04 | -2.17 | -2.52% | 15.02B |
| NBIX | 6.45 | -0.08 | -1.23% | 427.25M |
| NBG | 1.44 | -0.08 | -5.26% | 1.377B |
| MOC | 1.10 | +0.01 | +0.92% | 11.81M |
| MOBI | 2.11 | -0.08 | -3.65% | 67.88M |
| MO | 32.02 | -0.11 | -0.34% | 65.50B |
| MNTG | 4.90 | +0.11 | +2.30% | 135.58M |
| MNTA | 13.83 | -0.14 | -1.00% | 709.89M |
| MNST | 73.64 | +0.60 | +0.82% | 12.84B |
