Paragon Shipping (PRGN)
Paragon Shipping Accruals: -317.68M
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PRGN Accruals Rankings
| Overall | 4th percentile | 4098 of 4311 |
| Sector | 5th percentile | 794 of 836 in Services |
| Industry | 2nd percentile | 40 of 41 in Shipping |
PRGN Accruals Range, Past 5 Years
| Minimum | -317.68M | Dec 2011 |
| Maximum | 23.93M | Jun 2010 |
| Average | -26.89M |
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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PRGN News
May 22, 11:00AM Benzinga
May 22, 10:04AM Street Insider
Apr 30, 8:31AM PR Newswire
about 55 days ago by TraderMichigan
Mar 12, 8:20AM Marketwire
about 88 days ago by GemsBot
Feb 24, 1:38PM Street Insider
about 99 days ago by contrarian1
Feb 16, 4:33PM Street Insider
Feb 16, 4:30PM PR Newswire
Feb 14, 8:20AM Marketwire
Feb 13, 4:01PM PR Newswire
about 111 days ago by TrendHopper
about 114 days ago by hangten
about 114 days ago by hangten
about 115 days ago by OptionsCommander
about 115 days ago by 3DTRADINGTRADER
Jan 31, 8:23AM Street Insider
Jan 30, 4:35PM Street Insider
about 135 days ago by iamspinner
about 142 days ago by a_vanderploeg
Dec 22, 9:01AM Benzinga
Nov 23, 2:29PM Street Insider
Nov 16, 4:08PM FlyOnTheWall
Nov 16, 4:05PM Marketwire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PRGN | 0.5925 | +0.01 | +2.16% | 34.72M |
| PRFZ | 61.61 | -0.43 | -0.69% | |
| PRFT | 11.33 | -0.17 | -1.48% | 359.60M |
| PRF | 56.01 | -0.08 | -0.14% | |
| PRE | 71.50 | +0.97 | +1.38% | 4.612B |
| PCLN | 624.99 | -12.77 | -2.00% | 31.76B |
| PCL | 36.51 | +0.22 | +0.61% | 5.858B |
| PCH | 28.67 | +0.28 | +0.99% | 1.141B |
| PCG | 43.70 | +0.30 | +0.70% | 18.28B |
| PCE | 0.398 | +0.00 | +0.00% | 1.568M |