Textainer Group (TGH)
Textainer Group Accruals: -2.997M
View TGH 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
TGH Accruals Rankings
| Overall | 51st percentile | 2086 of 4310 |
| Sector | 62nd percentile | 318 of 837 in Services |
| Industry | 72nd percentile | 7 of 25 in Rental & Leasing Services |
TGH Accruals Range, Past 5 Years
| Minimum | -55.81M | Dec 2007 |
| Maximum | 9.114M | Dec 2009 |
| Average | -12.98M |
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 TGH related companies
TGH News
about 22 days ago by billgunderson
May 09, 10:56AM Benzinga
May 09, 10:20AM Street Insider
about 24 days ago by earningscast
about 24 days ago by DynamicDividend
May 08, 8:45AM Business Wire
May 02, 12:08PM Business Wire
about 35 days ago by RecogniaEvents
Apr 27, 5:52PM Business Wire
Apr 20, 11:06AM Street Insider
Apr 18, 2:13PM Business Wire
Apr 17, 11:12AM Fool
Apr 11, 11:52PM Business Wire
Mar 16, 1:00PM Business Wire
Mar 01, 5:47PM Business Wire
about 95 days ago by DarvasTrader
Feb 21, 10:42AM Street Insider
Feb 15, 9:58AM Street Insider
about 108 days ago by earningscast
about 108 days ago by DynamicDividend
about 142 days ago by DynamicDividend
about 154 days ago by orangecrusher13
about 163 days ago by ZacksResearch
about 210 days ago by DynamicDividend
about 297 days ago by DynamicDividend
about 297 days ago by Benzinga
about 393 days ago by DynamicDividend
about 477 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TGH | 32.37 | -0.50 | -1.52% | 1.628B |
| TGE | 8.70 | -0.67 | -7.15% | 190.49M |
| TEO | 11.79 | -0.32 | -2.64% | 2.384B |
| TENZ | 88.27 | +0.08 | +0.09% | |
| TEN | 25.57 | -1.58 | -5.82% | 1.641B |
| TELK | 4.13 | -0.45 | -9.83% | 8.290M |
| TEL | 30.51 | -0.91 | -2.90% | 13.41B |
| TEI | 15.10 | -0.18 | -1.18% | |
| TEG | 53.65 | -0.45 | -0.83% | 4.235B |
| TEF | 11.17 | +0.10 | +0.90% | 51.85B |