Ternium (TX)
Ternium Accruals: -127.40M
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TX Accruals Rankings
| Overall | 9th percentile | 3910 of 4311 |
| Sector | 15th percentile | 414 of 492 in Basic Materials |
| Industry | 16th percentile | 25 of 30 in Steel & Iron |
TX Accruals Range, Past 5 Years
| Minimum | -866.01M | Dec 2008 |
| Maximum | 819.80M | Jun 2008 |
| Average | -30.59M |
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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TX News
May 02, 4:00PM Marketwire
about 36 days ago by DynamicDividend
about 43 days ago by TradeBot
about 44 days ago by TradeIdeasQuant
about 44 days ago by TradeIdeasQuant
Mar 28, 7:02AM Street Insider
Mar 13, 2:28PM Street Insider
about 87 days ago by WestCoastHedge
about 100 days ago by TradeBot
Feb 22, 7:01AM Benzinga
Feb 15, 6:27AM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TX | 18.94 | -0.40 | -2.07% | 3.877B |
| TWX | 34.47 | -0.03 | -0.09% | 33.45B |
| TUES | 4.18 | +0.06 | +1.46% | 172.75M |
| TUDO | 35.65 | -1.17 | -3.18% | 962.11M |
| TUC | 12.39 | -0.15 | -1.20% | 181.45M |
| TU | 56.69 | +0.88 | +1.58% | 8.360B |
| TSTC | 1.79 | -0.03 | -1.65% | 22.44M |
| TST | 1.63 | +0.06 | +3.82% | 50.77M |
| TSS | 23.27 | -0.23 | -0.98% | 4.439B |
| TSRX | 5.13 | +0.12 | +2.40% | 193.19M |
