Odyssey Marine Exploration (OMEX)
Odyssey Marine Exploration Accruals: -1.015M
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OMEX Accruals Rankings
| Overall | 60th percentile | 1706 of 4311 |
| Sector | 69th percentile | 257 of 832 in Services |
| Industry | 45th percentile | 6 of 11 in Research Services |
OMEX Accruals Range, Past 5 Years
| Minimum | -10.75M | Dec 2010 |
| Maximum | 2.475M | Sep 2010 |
| Average | -1.600M |
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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OMEX News
about 7 days ago by TradeIdeasQuant
about 7 days ago by TradeIdeasQuant
May 21, 8:00AM GlobeNewswire
about 15 days ago by TradeIdeasQuant
May 16, 8:00AM GlobeNewswire
about 24 days ago by Ipickwinners
about 27 days ago by TradeIdeasQuant
about 27 days ago by TradeIdeasQuant
May 04, 9:00AM GlobeNewswire
about 27 days ago by MarketBrief
Apr 26, 8:00AM GlobeNewswire
Apr 16, 4:56PM Benzinga
Apr 16, 4:45PM GlobeNewswire
about 48 days ago by waynelane
Mar 12, 5:55PM GlobeNewswire
about 85 days ago by waynelane
about 86 days ago by greatstockpix
Dec 07, 3:00PM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| OMEX | 3.22 | -0.10 | -3.01% | 242.82M |
| OMER | 10.00 | +0.01 | +0.10% | 224.08M |
| OME | 6.55 | -0.06 | -0.91% | 129.49M |
| OMCL | 13.28 | -0.28 | -2.06% | 454.12M |
| NWY | 3.53 | -0.01 | -0.28% | 219.23M |
| NWSA | 19.40 | -0.29 | -1.47% | 32.99B |
| NWS | 19.59 | -0.31 | -1.56% | 50.16B |
| NWPX | 21.01 | -0.89 | -4.06% | 204.76M |
| NWN | 45.93 | -0.45 | -0.97% | 1.243B |
| NWLI | 126.82 | -2.23 | -1.73% | 468.45M |