Akita Drilling (Akita Drilling) Current Accrued Expense : $10.1 Mil (As of Dec. 2023)

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What is Akita Drilling Current Accrued Expense?

Akita Drilling's Current Accrued Expense for the quarter that ended in Dec. 2023 was $10.1 Mil.

Akita Drilling's quarterly Current Accrued Expense declined from Jun. 2023 ($20.3 Mil) to Sep. 2023 ($16.8 Mil) and declined from Sep. 2023 ($16.8 Mil) to Dec. 2023 ($10.1 Mil).

Akita Drilling's annual Current Accrued Expense increased from Dec. 2021 ($10.5 Mil) to Dec. 2022 ($12.4 Mil) but then declined from Dec. 2022 ($12.4 Mil) to Dec. 2023 ($10.1 Mil).

Akita Drilling Current Accrued Expense Historical Data

The historical data trend for Akita Drilling's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Akita Drilling Current Accrued Expense Chart

Akita Drilling Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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11.65

5.01

10.48

12.44

10.11

Akita Drilling Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Accrued Expense	Get a 7-Day Free Trial															12.44	17.43	20.32	16.79	10.11

Akita Drilling Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Akita Drilling Current Accrued Expense Related Terms

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Akita Drilling (Akita Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akita Drilling Ltd (OTCPK:AKTAF) » Definitions » Current Accrued Expense

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Traded in Other Exchanges

774:Germany AKT.B:Canada AKT.A:Canada

Address

333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website

https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.