Cardinal Energy (TSX:CJ) Accounts Payable & Accrued Expense

: C$96.1 Mil (As of Dec. 2023)

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Cardinal Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$90.4 Mil) to Sep. 2023 (C$97.6 Mil) but then declined from Sep. 2023 (C$97.6 Mil) to Dec. 2023 (C$96.1 Mil).

Cardinal Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$78.2 Mil) to Dec. 2022 (C$99.2 Mil) but then declined from Dec. 2022 (C$99.2 Mil) to Dec. 2023 (C$96.1 Mil).

Cardinal Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cardinal 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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Cardinal Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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71.81

42.42

78.22

99.17

96.06

Cardinal Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															99.17	99.61	90.36	97.57	96.06

Cardinal 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.

Cardinal Energy (TSX:CJ) Business Description

Industry

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CRLFF:USA C0Y:Germany

Address

400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2

Website

https://www.cardinalenergy.ca

Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.

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