Accruals: (profit − operating cash flow) over assets
Ranked from the filings of the
companies this site has read, under
.
50 of them report a figure for this; the rest are absent rather than
ranked last, because a filing that does not carry a number is not a company that scores
badly on it.
#
Company
Accruals: (profit − operating cash flow) over assets
(Net income − operating cash flow) ÷ total assets × 100
The part of reported profit that is not cash. Net income is profit after everything; the gap with operating cash flow sits in unpaid invoices, inventory and provisions. Total assets is everything the company owns. A high reading is the classic marker of profit held up by the balance sheet.
low is good; the classic marker of earnings propped up by the balance sheet
It is not advice, and a high place is not a recommendation. A company can lead on one
measure and fail on every other; that is the reason this site scores five dimensions
rather than one and lets you weigh them yourself.
It also ranks only what has been read. A company whose filings are not in this database
cannot appear here however well it would have done, and a company whose filing does not
tag this figure is absent rather than last.