Nexxus Lighting (NEXS)
Nexxus Lighting Accruals: -1.21M
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NEXS Accruals Rankings
| Overall | 59th percentile | 1753 of 4311 |
| Sector | 66th percentile | 264 of 790 in Technology |
| Industry | 59th percentile | 25 of 61 in Communication Equipment |
NEXS Accruals Range, Past 5 Years
| Minimum | -4.731M | Dec 2008 |
| Maximum | 0.942M | Jun 2011 |
| Average | -0.6025M |
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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NEXS News
May 01, 6:56AM Street Insider
May 01, 6:55AM PR Newswire
about 35 days ago by fsp
about 35 days ago by fsp
about 56 days ago by MarketBrief
Feb 13, 8:30AM PR Newswire
Feb 02, 10:45AM PR Newswire
Jan 20, 8:30AM PR Newswire
Dec 19, 8:30AM PR Newswire
Nov 30, 8:30AM PR Newswire
Sep 07, 8:00AM PR Newswire
Aug 08, 11:00AM PR Newswire
Jul 20, 9:39AM FlyOnTheWall
Jul 20, 8:30AM PR Newswire
about 346 days ago by stocktipper
about 440 days ago by HotStockEarning
about 440 days ago by momomiester
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NEXS | 0.47 | +0.05 | +11.93% | 6.907M |
| NEWT | 1.343 | +0.01 | +0.99% | 49.17M |
| NEWS | 11.17 | -0.69 | -5.82% | 586.36M |
| NEWP | 12.04 | -0.28 | -2.27% | 465.33M |
| NEWN | 0.6001 | -0.03 | -4.75% | 9.166M |
| NEWL | 1.562 | -0.10 | -5.90% | 13.01M |
| NEV | 15.57 | +0.04 | +0.26% | |
| NEU | 215.62 | -2.16 | -0.99% | 2.918B |
| NETC | 13.09 | -0.17 | -1.28% | 1.518B |
| MRCY | 11.65 | -0.16 | -1.35% | 364.46M |
