Spirit Blockchain Capital (XCNQ:SPIR) Accounts Payable & Accrued Expense

: C$0.77 Mil (As of Sep. 2023)

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Spirit Blockchain Capital's quarterly accounts payable & accrued expense increased from Mar. 2023 (C$0.76 Mil) to Jun. 2023 (C$0.84 Mil) but then declined from Jun. 2023 (C$0.84 Mil) to Sep. 2023 (C$0.77 Mil).

Spirit Blockchain Capital's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Dec. 2021 (C$0.28 Mil) and increased from Dec. 2021 (C$0.28 Mil) to Dec. 2022 (C$0.65 Mil).

Spirit Blockchain Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spirit Blockchain Capital'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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Spirit Blockchain Capital Annual Data

Trend

Dec21

Dec22

Accounts Payable & Accrued Expense

0.28

0.65

Spirit Blockchain Capital Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense						0.50	0.65	0.76	0.84	0.77

Spirit Blockchain Capital 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.

Spirit Blockchain Capital (XCNQ:SPIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Spirit Blockchain Capital Inc (XCNQ:SPIR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SBLCF:USA

Address

505 Burrard Street, Suite 1570, One Bentall Centre, Vancouver, BC, CAN, V7X 1M5

Website

https://www.spiritblockchain.com

Spirit Blockchain Capital Inc is a blockchain company providing capital to blockchain ecosystem participants and blockchain research and advisory services. The company aims to supply capital to the blockchain ecosystem through lending, staking, streaming, and mining. The company also provides blockchain advisory and research services.