TearLab Corporation (TEAR)
TearLab Corporation Accruals: -1.762M
View TEAR Accruals with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
TEAR Accruals Rankings
| Overall | 56th percentile | 1862 of 4310 |
| Sector | 42nd percentile | 286 of 501 in Healthcare |
| Industry | 60th percentile | 9 of 23 in Medical Laboratories & Research |
TEAR Accruals Range, Past 5 Years
| Minimum | -37.72M | Dec 2007 |
| Maximum | 3.387M | Sep 2011 |
| Average | -3.761M |
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
You may also be interested in these TEAR related companies
TEAR News
May 24, 8:15AM GlobeNewswire
May 14, 10:07AM Street Insider
about 25 days ago by TheEquitiesRoom
May 03, 8:30PM GlobeNewswire
May 01, 9:00AM GlobeNewswire
Apr 11, 7:45AM GlobeNewswire
Apr 10, 4:02PM Benzinga
about 53 days ago by TradeIdeasQuant
about 57 days ago by kunal00
about 60 days ago by Woodshedder
about 70 days ago by WallStJesus
about 70 days ago by WallStJesus
about 70 days ago by Fibline
Mar 08, 4:30PM GlobeNewswire
Dec 13, 2:41PM Street Insider
Nov 22, 10:30AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TEAR | 3.02 | -0.22 | -6.79% | 66.16M |
| TEA | 13.04 | -0.24 | -1.81% | 508.76M |
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
| TDY | 57.17 | -2.41 | -4.04% | 2.187B |
| TDW | 44.47 | -0.61 | -1.35% | 2.306B |
| TDS.S | 26.92 | +0.07 | +0.26% | |
| TDS | 19.44 | -0.41 | -2.07% | 2.153B |
| TDD | 21.62 | -0.01 | -0.05% | |
| TDC | 64.65 | -1.83 | -2.75% | 11.19B |
| TD | 73.86 | -2.51 | -3.29% | 68.96B |
