Targa Resources Partners (NGLS)
Targa Resources Partners Accruals: -76.60M
View NGLS Accruals with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
NGLS Accruals Rankings
| Overall | 13th percentile | 3737 of 4311 |
| Sector | 22nd percentile | 381 of 492 in Basic Materials |
| Industry | 25th percentile | 23 of 31 in Oil & Gas Pipelines |
NGLS Accruals Range, Past 5 Years
| Minimum | -234.44M | Dec 2008 |
| Maximum | 97.30M | Sep 2011 |
| Average | -74.69M |
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
You may also be interested in these NGLS related companies
NGLS News
May 03, 7:00AM GlobeNewswire
about 32 days ago by ABtrader
Apr 16, 5:29PM GlobeNewswire
Apr 11, 5:27PM Street Insider
about 49 days ago by DynamicDividend
Mar 23, 4:06PM GlobeNewswire
Feb 28, 5:39PM GlobeNewswire
about 93 days ago by billgunderson
Feb 23, 6:43PM Seeking Alpha
Feb 23, 7:00AM GlobeNewswire
about 98 days ago by CapitalistBull
about 120 days ago by mlpguy
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NGLS | 40.45 | -0.92 | -2.22% | 3.764B |
| NGG | 50.55 | -2.94 | -5.50% | 39.03B |
| NGB | 16.30 | +0.00 | +0.00% | |
| NFZ | 14.67 | +0.02 | +0.14% | |
| NFX | 30.56 | -1.58 | -4.92% | 4.346B |
| NFP | 13.19 | -0.12 | -0.90% | 536.26M |
| NFO | 31.54 | -0.56 | -1.73% | |
| NFLX | 67.34 | -2.10 | -3.02% | 3.848B |
| NFG | 42.80 | -1.24 | -2.82% | 3.658B |
| NFC | 14.52 | +0.01 | +0.07% |
