Teekay Offshore Partners (TOO)
Teekay Offshore Partners Accruals: -21.62M
View TOO 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
TOO Accruals Rankings
| Overall | 27th percentile | 3107 of 4310 |
| Sector | 34th percentile | 546 of 837 in Services |
| Industry | 43rd percentile | 23 of 41 in Shipping |
TOO Accruals Range, Past 5 Years
| Minimum | -125.61M | Sep 2011 |
| Maximum | 18.93M | Jun 2007 |
| Average | -54.12M |
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 TOO related companies
TOO News
about 4 days ago by TeekayCorp
about 10 days ago by TeekayCorp
May 17, 8:32PM Marketwire
about 15 days ago by TeekayOffshore
about 21 days ago by TeekayCorp
May 07, 5:01PM Thomson Reuters ONE
Apr 13, 12:24PM Benzinga
about 50 days ago by DynamicDividend
about 50 days ago by DynamicDividend
Apr 12, 5:04PM Street Insider
Apr 12, 4:11PM Street Insider
about 50 days ago by TeekayOffshore
Apr 12, 4:00PM Marketwire
about 98 days ago by TeekayOffshore
about 98 days ago by TeekayOffshore
about 98 days ago by TeekayOffshore
about 99 days ago by TeekayOffshore
about 100 days ago by TeekayOffshore
about 109 days ago by TeekayOffshore
about 129 days ago by TeekayCorp
about 134 days ago by TeekayOffshore
Jan 19, 4:04PM Street Insider
about 135 days ago by TeekayOffshore
about 138 days ago by TeekayOffshore
about 178 days ago by TeekayOffshore
about 204 days ago by transenergy
Nov 10, 11:39AM FlyOnTheWall
about 204 days ago by TeekayOffshore
about 204 days ago by TeekayOffshore
Oct 18, 4:03PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TOO | 27.19 | -0.51 | -1.84% | 1.956B |
| TOFC | 10.16 | -0.48 | -4.51% | 51.60M |
| TOF | 1.68 | +0.12 | +7.69% | 8.702M |
| THG | 38.00 | -1.01 | -2.59% | 1.756B |
| THFF | 27.09 | -0.96 | -3.42% | 371.38M |
| THD | 63.95 | -2.40 | -3.62% | |
| TGT | 57.22 | -0.69 | -1.19% | 38.71B |
| TGS | 2.12 | +0.02 | +0.95% | 333.69M |
| TEF | 11.17 | +0.10 | +0.90% | 51.85B |
| TECH | 66.42 | -1.44 | -2.12% | 2.501B |