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Unity Bancorp (FRA:UTB) Accounts Payable & Accrued Expense : €1.59 Mil (As of Sep. 2024)


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What is Unity Bancorp Accounts Payable & Accrued Expense?

Unity Bancorp's quarterly accounts payable & accrued expense increased from Mar. 2024 (€1.43 Mil) to Jun. 2024 (€1.54 Mil) and increased from Jun. 2024 (€1.54 Mil) to Sep. 2024 (€1.59 Mil).

Unity Bancorp's annual accounts payable & accrued expense declined from Dec. 2021 (€11.94 Mil) to Dec. 2022 (€0.65 Mil) but then increased from Dec. 2022 (€0.65 Mil) to Dec. 2023 (€1.76 Mil).


Unity Bancorp Accounts Payable & Accrued Expense Historical Data

The historical data trend for Unity Bancorp'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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Unity Bancorp Accounts Payable & Accrued Expense Chart

Unity Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 11.94 0.65 1.76 1.63

Unity Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.76 1.43 1.54 1.59 1.63

Unity Bancorp 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.


Unity Bancorp Business Description

Industry
Traded in Other Exchanges
Address
64 Old Highway 22, Clinton, NJ, USA, 08809
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, regular savings accounts, and others. The company structures its specific services and charges in a manner designed to attract the business of small and medium-sized businesses and professional communities, as well as individuals residing, working, and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity, and personal loans.

Unity Bancorp Headlines

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