Logan energy (TSXV:LGN) Accounts Payable & Accrued Expense : C$36.11 Mil (As of Mar. 2024)

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What is Logan energy Accounts Payable & Accrued Expense?

Logan energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$29.08 Mil) to Dec. 2023 (C$25.70 Mil) but then increased from Dec. 2023 (C$25.70 Mil) to Mar. 2024 (C$36.11 Mil).

Logan energy's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Dec. 2022 (C$7.04 Mil) and increased from Dec. 2022 (C$7.04 Mil) to Dec. 2023 (C$25.70 Mil).

Logan energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Logan energy's Accounts Payable & 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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Logan energy Accounts Payable & Accrued Expense Chart

Logan energy Annual Data

Trend

Dec22

Dec23

Accounts Payable & Accrued Expense

7.04

25.70

Logan energy Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	8.37	29.08	25.70	36.11

Logan energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Logan energy (TSXV:LGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Logan energy corp (TSXV:LGN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LOECF:USA R76:Germany

Address

308 - 4 Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 3C4

Website

https://www.loganenergycorp.com

Logan energy corp is a growth-oriented exploration, development and production company. It is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.

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