ONEOK (OKE)
ONEOK Accruals: -303.22M
View OKE 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
OKE Accruals Rankings
| Overall | 5th percentile | 4090 of 4311 |
| Sector | 16th percentile | 94 of 112 in Utilities |
| Industry | 11th percentile | 24 of 27 in Gas Utilities |
OKE Accruals Range, Past 5 Years
| Minimum | -726.68M | Mar 2008 |
| Maximum | 377.58M | Jun 2008 |
| Average | -156.07M |
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 OKE related companies
OKE News
May 23, 4:12PM Street Insider
May 23, 4:05PM Benzinga
May 17, 4:10PM PR Newswire
about 24 days ago by 1nvestor
about 29 days ago by earningscast
May 01, 4:10PM PR Newswire
May 01, 4:05PM PR Newswire
about 31 days ago by abubnic
Apr 20, 12:46PM Street Insider
about 42 days ago by DynamicDividend
about 58 days ago by MarketBrief
about 84 days ago by RecogniaEvents
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OKE | 83.21 | -1.48 | -1.75% | 8.647B |
| OIS | 67.69 | -2.87 | -4.07% | 3.475B |
| OINK | 1.450 | -0.05 | -3.33% | 14.70M |
| OILT | 29.77 | -0.02 | -0.07% | 579.03M |
| OIIM | 4.41 | -0.08 | -1.78% | 141.61M |
| OII | 47.58 | -1.10 | -2.26% | 5.153B |
| OIH | 35.98 | -1.58 | -4.21% | |
| NSR | 32.95 | -0.57 | -1.70% | 2.221B |
| NSPH | 1.68 | -0.01 | -0.59% | 74.04M |
| NSP | 24.83 | -0.37 | -1.47% | 639.12M |
