Spherix (SPEX)
Spherix Accruals: -0.032M
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SPEX Accruals Rankings
| Overall | 66th percentile | 1442 of 4310 |
| Sector | 61st percentile | 191 of 501 in Healthcare |
| Industry | 82nd percentile | 4 of 23 in Medical Laboratories & Research |
SPEX Accruals Range, Past 5 Years
| Minimum | -0.916M | Jun 2007 |
| Maximum | 8.394M | Sep 2007 |
| Average | 0.5577M |
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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SPEX News
Apr 10, 11:05AM PR Newswire
about 86 days ago by allars
Mar 07, 10:19AM Street Insider
Mar 07, 9:15AM PR Newswire
Feb 10, 10:42AM PR Newswire
about 120 days ago by Street_Insider
Feb 02, 2:48PM Street Insider
Jan 11, 11:51AM Street Insider
Jan 11, 9:47AM PR Newswire
Nov 16, 10:03AM PR Newswire
about 266 days ago by Tr8r_x
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SPEX | 0.75 | -0.03 | -3.85% | 3.12M |
| SPCHB | 1.716 | +0.03 | +1.54% | 3.054M |
| SPCHA | 1.22 | -0.15 | -10.95% | 15.14M |
| SPBC | 12.85 | +0.00 | +0.00% | 22.23M |
| SPB | 33.15 | -1.37 | -3.97% | 1.787B |
| SPAR | 4.215 | -0.28 | -6.33% | 151.29M |
| SPAN | 17.51 | +0.01 | +0.06% | 51.10M |
| SPAB | 1.07 | +0.04 | +3.88% | |
| YGE | 2.70 | +0.10 | +3.85% | 378.53M |
| YELP | 15.68 | -1.03 | -6.16% |
