Ultratech (UTEK)
Ultratech Accruals: -4.363M
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UTEK Accruals Rankings
| Overall | 48th percentile | 2239 of 4310 |
| Sector | 51st percentile | 385 of 793 in Technology |
| Industry | 56th percentile | 18 of 41 in Semiconductor Equipment & Materials |
UTEK Accruals Range, Past 5 Years
| Minimum | -12.71M | Jun 2011 |
| Maximum | 8.826M | Sep 2011 |
| Average | -1.553M |
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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UTEK News
about 4 days ago by abubnic
May 16, 4:05PM Business Wire
May 08, 9:07AM Street Insider
about 32 days ago by hertcapital
about 32 days ago by StockTiger
about 32 days ago by StockTiger
about 33 days ago by DarvasTrader
about 33 days ago by hillbilly
about 35 days ago by TradetheLeaders
about 43 days ago by TradeBot
about 44 days ago by TradeBot
about 44 days ago by earningscast
Apr 05, 4:30PM Business Wire
Jan 16, 4:30PM Business Wire
Dec 21, 4:30PM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| UTEK | 29.07 | -1.25 | -4.12% | 791.66M |
| UTA | 3.96 | +0.00 | +0.00% | 78.80M |
| USU | 0.7299 | +0.01 | +1.07% | 88.16M |
| USTR | 25.01 | -0.24 | -0.95% | 1.069B |
| USHS | 8.07 | -0.50 | -5.83% | 62.13M |
| USG | 13.96 | -1.46 | -9.47% | 1.624B |
| USEG | 2.22 | -0.03 | -1.33% | 61.76M |
| USD | 31.35 | -2.27 | -6.75% | |
| USCR | 4.69 | -0.22 | -4.48% | |
| USBI | 4.85 | -0.03 | -0.61% | 29.38M |
