Astrotech Corporation (SPAB)
Astrotech Corporation Accruals
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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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SPAB News
about 187 days ago by Tr8r_x
about 360 days ago by WatchInsiders
about 707 days ago by sigma_x00
about 752 days ago by neoalvaro
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SPAB | 1.07 | +0.04 | +3.88% | |
| SPA | 8.77 | -0.13 | -1.46% | 89.53M |
| SOXX | 48.09 | -2.13 | -4.24% | |
| SOXS | 53.21 | +5.89 | +12.45% | |
| SOXL | 22.53 | -2.99 | -11.72% | |
| SORL | 2.80 | +0.00 | +0.00% | 54.07M |
| SOQ | 1.80 | -0.05 | -2.70% | 115.26M |
| SONS | 2.29 | -0.14 | -5.76% | 678.77M |
| SONO | 54.01 | +0.00 | +0.00% | 756.14M |
| SNMX | 2.07 | -0.26 | -11.16% | 92.66M |