Teekay Corporation (TK)
Teekay Corporation Accruals: -55.77M
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TK Accruals Rankings
| Overall | 16th percentile | 3599 of 4310 |
| Sector | 19th percentile | 672 of 837 in Services |
| Industry | 17th percentile | 34 of 41 in Shipping |
TK Accruals Range, Past 5 Years
| Minimum | -977.51M | Dec 2008 |
| Maximum | 96.14M | Jun 2007 |
| Average | -133.99M |
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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TK News
about 10 days ago by TeekayCorp
about 16 days ago by TeekayCorp
about 16 days ago by TeekayCorp
about 22 days ago by TeekayCorp
about 25 days ago by TeekayCorp
May 07, 5:01PM Thomson Reuters ONE
about 38 days ago by TeekayCorp
about 43 days ago by TeekayCorp
about 43 days ago by thestockbandit
Apr 16, 4:45PM Street Insider
about 50 days ago by marketfolly
about 52 days ago by DynamicDividend
about 52 days ago by darrellheaps
about 63 days ago by TeekayCorp
about 66 days ago by algokid
about 67 days ago by TeekayCorp
Mar 15, 11:19AM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TK | 26.16 | -0.78 | -2.90% | 1.856B |
| TJX | 40.90 | -1.56 | -3.67% | 31.70B |
| TIVO | 8.07 | -0.47 | -5.50% | 1.044B |
| TD | 73.85 | -2.52 | -3.30% | 68.96B |
| TCX | 1.33 | -0.07 | -5.00% | 64.67M |
| TCRD | 12.33 | -0.35 | -2.76% | 256.39M |
| TCP | 40.78 | -0.22 | -0.54% | 2.192B |
| TCO | 71.24 | -1.76 | -2.41% | 4.238B |
| TCL | 7.66 | +0.06 | +0.79% | 1.083B |
| TCK | 29.56 | -0.25 | -0.84% | 17.19B |
