Eastern Michigan Financial (Eastern Michigan Financial) Accounts Payable & Accrued Expense : $0.00 Mil (As of Dec. 2006)

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What is Eastern Michigan Financial Accounts Payable & Accrued Expense?

Eastern Michigan Financial's quarterly accounts payable & accrued expense increased from Dec. 2004 ($0.57 Mil) to Dec. 2005 ($0.58 Mil) but then declined from Dec. 2005 ($0.58 Mil) to Dec. 2006 ($0.00 Mil).

Eastern Michigan Financial's annual accounts payable & accrued expense increased from Dec. 2004 ($0.57 Mil) to Dec. 2005 ($0.58 Mil) but then declined from Dec. 2005 ($0.58 Mil) to Dec. 2006 ($0.00 Mil).

Eastern Michigan Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eastern Michigan Financial'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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Eastern Michigan Financial Accounts Payable & Accrued Expense Chart

Eastern Michigan Financial Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Accounts Payable & Accrued Expense

0.48

0.52

0.57

0.58

Eastern Michigan Financial Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06
Accounts Payable & Accrued Expense	0.48	0.52	0.57	0.58	-

Eastern Michigan Financial 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.

Eastern Michigan Financial (Eastern Michigan Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eastern Michigan Financial Corp (OTCPK:EFIN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 North Howard Avenue, Croswell, MI, USA, 48422

Website

https://www.emb.bank

Eastern Michigan Financial Corp is a bank holding company. The Company through its holding provides baking products and services including personal banking, business banking and lending including diversified loans. Personal banking includes debit and credit cards, mobile banking and deposit services where Business banking includes cash management and other business-related services. The portfolio segments include commercial and industrial, agricultural, real estate related industries, other commercial loans, residential real estate, consumer and other, and home equity.

Eastern Michigan Financial (Eastern Michigan Financial) Headlines

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