Red Hat (RHT)
Red Hat Accruals: -92.04M
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RHT Accruals Rankings
| Overall | 11th percentile | 3800 of 4311 |
| Sector | 11th percentile | 699 of 793 in Technology |
| Industry | 10th percentile | 73 of 82 in Application Software |
RHT Accruals Range, Past 5 Years
| Minimum | -121.43M | Feb 2008 |
| Maximum | 49.57M | Nov 2007 |
| Average | -45.12M |
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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RHT News
May 29, 12:00PM Business Wire
May 29, 10:00AM Business Wire
May 29, 10:00AM Business Wire
about 6 days ago by WorldJazz59
about 7 days ago by investorsmosaic
May 24, 4:15PM Business Wire
about 8 days ago by howardlindzon
about 13 days ago by MPI
about 15 days ago by chuckykilo
May 17, 8:00AM Business Wire
about 17 days ago by tradewithpete
about 17 days ago by 1nvestor
May 15, 11:30AM Business Wire
about 18 days ago by tradewithpete
about 21 days ago by ogfomk
May 09, 10:30AM Business Wire
May 09, 9:30AM Business Wire
May 08, 9:10AM Benzinga
about 29 days ago by investorsmosaic
Apr 03, 8:00AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RHT | 51.38 | -0.15 | -0.29% | 9.953B |
| RHS | 65.58 | -0.11 | -0.17% | |
| RGR | 38.97 | -0.76 | -1.91% | 760.83M |
| RGP | 21.52 | -0.51 | -2.31% | 3.468B |
| RGLD | 67.64 | -1.06 | -1.54% | 4.040B |
| RGI | 53.10 | -0.28 | -0.52% | |
| RGEN | 4.09 | -0.18 | -4.22% | 131.22M |
| RGCO | 17.41 | -0.04 | -0.23% | 80.79M |
| RGC | 13.75 | -0.08 | -0.58% | 2.141B |
| RGA | 50.17 | -0.06 | -0.12% | 3.686B |
