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NGE Capital (ASX:NGE) Accounts Payable & Accrued Expense : A$0.06 Mil (As of Dec. 2022)


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What is NGE Capital Accounts Payable & Accrued Expense?

NGE Capital's quarterly accounts payable & accrued expense declined from Dec. 2021 (A$0.55 Mil) to Jun. 2022 (A$0.04 Mil) but then increased from Jun. 2022 (A$0.04 Mil) to Dec. 2022 (A$0.06 Mil).

NGE Capital's annual accounts payable & accrued expense increased from Dec. 2020 (A$0.08 Mil) to Dec. 2021 (A$0.55 Mil) but then declined from Dec. 2021 (A$0.55 Mil) to Dec. 2022 (A$0.06 Mil).


NGE Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for NGE 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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NGE Capital Accounts Payable & Accrued Expense Chart

NGE Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.47 0.08 0.55 0.06

NGE Capital Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.08 0.08 0.55 0.04 0.06

NGE 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.


NGE Capital (ASX:NGE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205
NGE Capital Ltd is an internally managed investment company. Its principal activity is to allow investors to gain exposure to a concentrated, high conviction, actively managed portfolio of financial assets.. The company's focus is on listed ASX and international equities, with the aim of generating strong risk-adjusted returns over the medium to long term.

NGE Capital (ASX:NGE) Headlines

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