First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Accounts Payable & Accrued Expense : C$0.21 Mil (As of Jun. 2015)

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What is First Asset CanBanc Split Accounts Payable & Accrued Expense?

First Asset CanBanc Split's quarterly accounts payable & accrued expense increased from Jun. 2014 (C$0.19 Mil) to Dec. 2014 (C$0.22 Mil) but then declined from Dec. 2014 (C$0.22 Mil) to Jun. 2015 (C$0.21 Mil).

First Asset CanBanc Split's annual accounts payable & accrued expense increased from Dec. 2012 (C$0.18 Mil) to Dec. 2013 (C$0.20 Mil) and increased from Dec. 2013 (C$0.20 Mil) to Dec. 2014 (C$0.22 Mil).

First Asset CanBanc Split Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Asset CanBanc Split'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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First Asset CanBanc Split Accounts Payable & Accrued Expense Chart

First Asset CanBanc Split Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Accounts Payable & Accrued Expense

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0.21

0.19

0.18

0.20

0.22

First Asset CanBanc Split Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								0.19	0.20	0.19	0.22	0.21

First Asset CanBanc Split 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.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Asset CanBanc Split Corp (TSX:CBU.PR.A.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.firstasset.com

First Asset CanBanc Split Corp was incorporated under the laws of the Province of Ontario on September 5, 2008, is a mutual fund corporation whose investment portfolio consists of common shares of the six largest Canadian banks. The Fund's objectives in managing its capital with respect to the preferred shares are to provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.1625 per preferred share and to return the original issue price to preferred shareholders at the time of redemption of such shares on or about January 15, 2016. The Fund's objectives in managing its capital with respect to the Class A shares are to provide Class A shareholders with the opportunity to participate in the performance of the Fund's portfolio on a leveraged basis and to benefit from any increase in the dividends from the securities in the Fund's portfolio.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Headlines

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