Platinum Underwriters (PTP)
Platinum Underwriters Accruals: 85.98M
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PTP Accruals Rankings
| Overall | 93rd percentile | 267 of 4311 |
| Sector | 92nd percentile | 66 of 862 in Financial |
| Industry | 83rd percentile | 13 of 80 in Property & Casualty Insurance |
PTP Accruals Range, Past 5 Years
| Minimum | -185.97M | Mar 2009 |
| Maximum | 196.80M | Dec 2008 |
| Average | 1.622M |
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
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PTP News
May 14, 9:00AM Marketwire
Apr 24, 2:23PM Street Insider
Apr 24, 2:22PM PR Newswire
about 42 days ago by earningscast
Apr 18, 4:17PM PR Newswire
about 51 days ago by abubnic
Apr 10, 4:01PM Street Insider
Apr 10, 4:00PM PR Newswire
about 58 days ago by MarketBrief
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 63 days ago by MarketBrief
about 64 days ago by MarketBrief
about 65 days ago by MarketBrief
Mar 27, 10:00AM Business Wire
about 66 days ago by MarketBrief
about 67 days ago by MarketBrief
about 69 days ago by MarketBrief
Mar 01, 4:00PM PR Newswire
Feb 28, 12:00AM Zacks
Feb 14, 4:30PM Street Insider
Feb 14, 4:29PM PR Newswire
about 113 days ago by earningscast
Jan 26, 4:10PM PR Newswire
Oct 26, 3:48PM Street Insider
about 224 days ago by MarketBrief
about 231 days ago by 1nvestor
about 275 days ago by blaise9
about 307 days ago by abbottmd
about 317 days ago by Benzinga
about 408 days ago by Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PTP | 36.30 | +0.51 | +1.42% | 1.265B |
| PTO | 10.77 | -0.02 | -0.18% | |
| PTNR | 4.64 | +0.20 | +4.50% | 691.09M |
| PSSI | 20.24 | +0.18 | +0.90% | 1.029B |
| PSS | 21.27 | -0.02 | -0.09% | 1.294B |
| PSP | 8.25 | -0.01 | -0.12% | |
| PSOF | 3.95 | -0.04 | -1.00% | 21.27M |
| PSO | 17.71 | -0.06 | -0.34% | 15.22B |
| PSMT | 67.52 | -1.47 | -2.13% | 2.063B |
| PSL | 31.59 | -0.25 | -0.78% |