Ocwen Financial Corporation (OCN)
Ocwen Financial Corporation Accruals: -353.66M
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OCN Accruals Rankings
| Overall | 4th percentile | 4113 of 4311 |
| Sector | 4th percentile | 821 of 861 in Financial |
| Industry | 1st percentile | 81 of 82 in Savings & Loans |
OCN Accruals Range, Past 5 Years
| Minimum | -353.66M | Mar 2012 |
| Maximum | 312.22M | Mar 2008 |
| Average | -92.36M |
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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OCN News
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
about 15 days ago by hermosura10
May 03, 6:45AM GlobeNewswire
Apr 18, 2:21PM GlobeNewswire
Mar 19, 1:38PM The Wall Street Journal
Mar 15, 7:53AM Street Insider
Mar 15, 7:51AM GlobeNewswire
Mar 07, 12:44PM GlobeNewswire
Mar 01, 8:15PM BusinessWeek
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OCN | 16.06 | -0.03 | -0.19% | 2.092B |
| OCLS | 0.7309 | -0.03 | -3.83% | 22.06M |
| OCLRD | 2.51 | -0.13 | -4.92% | |
| OCLR | 2.51 | -0.13 | -4.92% | 135.85M |
| OCFC | 14.15 | -0.28 | -1.94% | 267.97M |
| OCC | 2.66 | -0.20 | -6.99% | 17.90M |
| OC | 30.72 | -1.21 | -3.79% | 3.879B |
| OBT | 4.50 | +0.20 | +4.65% | 13.03M |
| OBCI | 2.14 | +0.00 | +0.00% | 17.36M |
| OBAS | 1.21 | +0.00 | +0.00% | 23.06M |