New Jersey Resources Corporation (NJR)
New Jersey Resources Corporation Accruals: -127.55M
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NJR Accruals Rankings
| Overall | 9th percentile | 3910 of 4311 |
| Sector | 34th percentile | 73 of 112 in Utilities |
| Industry | 40th percentile | 16 of 27 in Gas Utilities |
NJR Accruals Range, Past 5 Years
| Minimum | -350.84M | Mar 2009 |
| Maximum | 156.36M | Dec 2010 |
| Average | -14.10M |
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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NJR News
May 17, 11:53AM Street Insider
May 15, 2:24PM Street Insider
May 03, 7:00AM Business Wire
Apr 23, 2:10PM Business Wire
Apr 20, 7:47AM Street Insider
Mar 20, 1:08PM Business Wire
Mar 09, 11:54AM Business Wire
about 113 days ago by earningscast
Feb 07, 7:06AM Street Insider
Feb 07, 7:00AM Business Wire
Jan 26, 3:51PM Street Insider
Jan 26, 3:26PM Business Wire
Jan 18, 2:11PM Business Wire
about 152 days ago by tradewithpete
Dec 14, 10:18AM Business Wire
about 196 days ago by DynamicDividend
about 196 days ago by Benzinga
about 349 days ago by mapleleafnj
about 554 days ago by Kvetsh
about 611 days ago by themeatbaron
about 651 days ago by scottgreenstein
about 722 days ago by Contrahour
about 1192 days ago by TradeIdeas1
about 1350 days ago by greenskeptic
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NJR | 41.83 | -0.79 | -1.85% | 1.768B |
| NJ | 20.55 | -0.09 | -0.44% | 11.98B |
| NIO | 14.83 | +0.03 | +0.20% | |
| NINE | 1.10 | +0.00 | +0.00% | 42.67M |
| NIM | 10.57 | -0.06 | -0.56% | |
| NILE | 32.14 | -0.89 | -2.69% | 458.79M |
| NII | 15.55 | +0.06 | +0.39% | |
| NIHD | 11.41 | -0.31 | -2.65% | 2.006B |
| NIE | 16.41 | -0.17 | -1.04% | |
| NICK | 12.18 | -0.18 | -1.46% | 148.07M |