NovaGold Resources (NG)
NovaGold Resources Accruals: 40.29M
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NG Accruals Rankings
| Overall | 90th percentile | 418 of 4311 |
| Sector | 90th percentile | 46 of 492 in Basic Materials |
| Industry | 87th percentile | 4 of 32 in Gold |
NG Accruals Range, Past 5 Years
| Minimum | -134.95M | Aug 2010 |
| Maximum | 46.02M | Feb 2008 |
| Average | -10.93M |
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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NG News
about 5 hours ago by NovaGold
about a day ago by NovaGold
about 7 days ago by StockTiger
about 7 days ago by CallmeCrazy
about 9 days ago by StockTiger
about 9 days ago by StockTiger
about 13 days ago by StockTiger
about 13 days ago by StockTiger
about 14 days ago by OptionsCommander
about 16 days ago by CallmeCrazy
about 16 days ago by HighGrowthFinancial
about 17 days ago by elliottwave
about 23 days ago by trin_trader
about 23 days ago by Gh0stTrade515
about 26 days ago by CodiSmith
May 03, 4:32PM Fox Business
Apr 05, 8:00AM Marketwire
Mar 12, 11:51AM Marketwire
Feb 17, 11:02AM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NG | 5.91 | +0.15 | +2.60% | 1.601B |
| NFZ | 14.65 | -0.02 | -0.14% | |
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
| NDX | 2559 | +31.92 | +1.26% | |
| NDSN | 53.62 | -0.48 | -0.89% | 3.527B |
| NDAQ | 21.82 | -0.40 | -1.80% | 3.853B |
| NCZ | 7.89 | -0.20 | -2.47% | |
| NCV | 8.73 | -0.16 | -1.80% | |
| NCTY | 4.80 | +0.26 | +5.73% | 105.65M |
| NCT | 6.63 | -0.11 | -1.63% | 708.91M |