Olympic Steel (ZEUS)
Olympic Steel Accruals: 46.05M
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ZEUS Accruals Rankings
| Overall | 91st percentile | 381 of 4310 |
| Sector | 93rd percentile | 56 of 837 in Services |
| Industry | 80th percentile | 1 of 5 in Basic Materials Wholesale |
ZEUS Accruals Range, Past 5 Years
| Minimum | -80.13M | Jun 2009 |
| Maximum | 60.96M | Jun 2008 |
| Average | 0.4686M |
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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ZEUS News
about 3 days ago by MarketBrief
May 22, 1:53AM Benzinga
May 14, 4:30PM GlobeNewswire
about 18 days ago by MarketBrief
May 03, 3:39PM Seeking Alpha
May 03, 6:34AM Street Insider
May 03, 6:30AM GlobeNewswire
about 51 days ago by RecogniaEvents
about 63 days ago by MarketBrief
Mar 05, 1:58PM GlobeNewswire
Feb 23, 1:22PM Seeking Alpha
Feb 23, 6:00AM GlobeNewswire
Feb 21, 6:37AM Street Insider
about 120 days ago by nelsnyc
Jan 31, 4:06AM Benzinga
about 171 days ago by iparalax
about 176 days ago by iparalax
about 177 days ago by iparalax
about 196 days ago by MarketBrief
about 198 days ago by MarketBrief
about 199 days ago by MarketBrief
about 200 days ago by MarketBrief
about 200 days ago by harmongreg
about 205 days ago by MarketBrief
about 209 days ago by harmongreg
about 209 days ago by harmongreg
Nov 04, 6:32AM Street Insider
about 211 days ago by harmongreg
about 274 days ago by BaselineAce
about 274 days ago by StockTwits
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ZEUS | 16.58 | -0.34 | -2.01% | 180.72M |
| ZEP | 14.02 | +0.07 | +0.50% | 307.74M |
| ZBRA | 33.47 | -0.33 | -0.98% | 1.744B |
| ZBB | 0.41 | +0.02 | +5.13% | 16.83M |
| WWE | 7.88 | +0.03 | +0.38% | 586.90M |
| WWD | 37.71 | -0.41 | -1.08% | 2.603B |
| WWAY | 5.72 | -0.20 | -3.38% | 74.30M |
| WVFC | 7.62 | -0.38 | -4.75% | 15.70M |
| WUHN | 0.1595 | -0.01 | -5.62% | 5.185M |
| WU | 16.40 | -0.23 | -1.38% | 10.17B |