Accruals to Assets Index Last Year
The Accruals to Assets Index is the ratio of total accruals to total assets, where total accruals are calculated as the change in working capital accounts other than cash less depreciation.
Stockopedia explains Accruals to Assets Index
Excessive accruals may mean that managers are making discretionary accounting choices to alter earnings. Professor Messod Beneish counducted a study which found that the average Accruals to Assets Index for companies that were not manipulating earnings was 0.018, as compared with 0.031 for manipulators.
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Variants of Accruals to Assets Index
Related Fields
Net Debt to Equity
Net Debt to Tangible Equity
Gross Gearing
Gross Gearing excluding Intangibles
Gross Gearing inc Pension
Net Gearing inc Pension
Cash to Assets inc Pension
Pension Deficit to Market Cap
Pension Deficit
Long Term Debt to Average Assets
Long Term Debt to Equity
Assets to Equity Ratio
Debt to Assets
Long Term Debt to Assets
Long Term Debt / Average Assets
Net Debt to Assets
Net Debt to Tangible Assets
Tangible Assets to Equity Ratio
Free Cash Flow to Long Term Debt
Altman Z-Score
Altman Z2-Score
Accruals to Assets Index
Working Capital/Total Assets
Retained Earnings/Total Assets
Earnings Before Interest and Taxes/Total Assets
Market Value of Equity/Book Value of Total Liabilities
Sales/Total Assets
Altman Type
