Panhandle Oil and Gas (PHX)
Panhandle Oil and Gas Accruals: -6.640M
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PHX Accruals Rankings
| Overall | 43rd percentile | 2439 of 4311 |
| Sector | 55th percentile | 219 of 492 in Basic Materials |
| Industry | 66th percentile | 30 of 89 in Independent Oil & Gas |
PHX Accruals Range, Past 5 Years
| Minimum | -15.93M | Dec 2008 |
| Maximum | -1.592M | Mar 2010 |
| Average | -5.937M |
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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PHX News
about 8 days ago by MarketBrief
May 21, 11:00AM PR Newswire
May 17, 6:35AM Street Insider
May 07, 7:00AM PR Newswire
about 37 days ago by RecogniaEvents
Apr 05, 11:00AM PR Newswire
Mar 13, 10:00AM PR Newswire
Feb 01, 12:00PM PR Newswire
Jan 31, 10:00AM PR Newswire
about 127 days ago by MarketBrief
Jan 04, 4:13PM Street Insider
Dec 08, 6:00AM PR Newswire
Nov 10, 6:00AM PR Newswire
Oct 31, 6:00AM PR Newswire
Oct 27, 1:37PM PR Newswire
Oct 04, 6:00AM PR Newswire
Sep 21, 10:00AM PR Newswire
Aug 19, 8:35AM FlyOnTheWall
Aug 17, 6:00AM PR Newswire
Aug 08, 6:00AM PR Newswire
about 568 days ago by FactSet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PHX | 25.49 | +0.07 | +0.28% | 209.97M |
| PHO | 17.65 | +0.02 | +0.11% | |
| PHIIK | 23.81 | -0.02 | -0.08% | 368.65M |
| PHII | 22.76 | -0.83 | -3.52% | 348.46M |
| PHI | 53.62 | +0.84 | +1.59% | 11.32B |
| PHH | 16.57 | +0.09 | +0.55% | 930.63M |
| PHG | 17.80 | +0.12 | +0.68% | 16.37B |
| PHD | 12.76 | +0.01 | +0.08% | |
| PH | 81.69 | -2.80 | -3.31% | 12.75B |
| PGX | 14.22 | +0.03 | +0.22% |