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ARSLF (Altima Energy) Accounts Payable & Accrued Expense : $6.78 Mil (As of Nov. 2024)


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What is Altima Energy Accounts Payable & Accrued Expense?

Altima Energy's quarterly accounts payable & accrued expense declined from May. 2024 ($6.94 Mil) to Aug. 2024 ($6.79 Mil) and declined from Aug. 2024 ($6.79 Mil) to Nov. 2024 ($6.78 Mil).

Altima Energy's annual accounts payable & accrued expense declined from Feb. 2022 ($6.56 Mil) to Feb. 2023 ($6.08 Mil) but then increased from Feb. 2023 ($6.08 Mil) to Feb. 2024 ($7.02 Mil).

Altima Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Altima 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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Altima Energy Accounts Payable & Accrued Expense Chart

Altima Energy Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Feb22 Feb23 Feb24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 4.95 6.56 6.08 7.02

Altima Energy Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 7.02 6.94 6.79 6.78

Altima 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.

Altima Energy Business Description

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ARH:Canada
Address
595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Website
https://www.altimaenergy.com
Altima Energy Inc is a junior energy company engaged in the exploring and developing oil and natural gas assets in Western Canada. It is exploration in regions such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta.