Telecom New Zealand (NZT)
Telecom New Zealand Accruals
View NZT 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
NZT Accruals Range, Past 5 Years
| Minimum | -288.04M | Jun 2010 |
| Maximum | 1.303B | Jun 2007 |
| Average | -64.09M |
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 NZT related companies
NZT News
Apr 25, 11:08AM Motley Fool
about 41 days ago by JeffReevesIP
about 52 days ago by TradeIdeasQuant
about 63 days ago by BaselineAce
Feb 24, 5:01AM Benzinga
Jan 25, 1:57PM Wall Street Transcript
Nov 21, 4:41PM The Wall Street Journal
Nov 21, 10:12AM FlyOnTheWall
about 274 days ago by HLAW
about 275 days ago by tradewithpete
about 277 days ago by gtlackey
about 336 days ago by 1nvestor
about 340 days ago by 1nvestor
about 343 days ago by chessNwine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NZT | 9.55 | -0.23 | -2.35% | 3.765B |
| NYX | 24.41 | -0.59 | -2.36% | 6.438B |
| NYT | 6.69 | -0.17 | -2.48% | 1.014B |
| NYNYD | 2.02 | -0.08 | -3.67% | |
| NYMX | 7.34 | -0.17 | -2.26% | 247.83M |
| NYMT | 6.65 | -0.05 | -0.75% | 93.40M |
| NYH | 13.96 | -0.01 | -0.07% | |
| NTZ | 2.83 | +0.05 | +1.80% | 151.62M |
| NTWK | 0.4649 | -0.03 | -5.12% | 35.08M |
| NTT | 21.29 | -0.06 | -0.28% | 54.04B |
