LGLOF (Green Block Mining) Accounts Payable & Accrued Expense: $2.27 Mil (As of Aug. 2021)

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What is Green Block Mining Accounts Payable & Accrued Expense?

Green Block Mining LGLOF -90.00% Accounts Payable & Accrued Expense is $2.27 Mil as of Aug. 2021.

Green Block Mining's quarterly accounts payable & accrued expense increased from Feb. 2021 ($1.40 Mil) to May. 2021 ($1.87 Mil) and increased from May. 2021 ($1.87 Mil) to Aug. 2021 ($2.27 Mil).

Green Block Mining's annual accounts payable & accrued expense increased from Nov. 2018 ($0.14 Mil) to Nov. 2019 ($0.20 Mil) and increased from Nov. 2019 ($0.20 Mil) to Nov. 2020 ($1.33 Mil).

Green Block Mining Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Green Block Mining'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.

Green Block Mining Accounts Payable & Accrued Expense Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Accounts Payable & Accrued Expense
0.14 0.20 1.33

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 0.45 1.33 1.40 1.87 2.27

Green Block Mining 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.

What does a Accounts Payable & Accrued Expense of $2.27 Mil mean?
Green Block Mining (LGLOF) has a Accounts Payable & Accrued Expense of $2.27 Mil as of Aug. 2021. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Accounts Payable & Accrued Expense too high?
Green Block Mining's current Accounts Payable & Accrued Expense is $2.27 Mil.
How does Green Block Mining's Accounts Payable & Accrued Expense compare to CRM and INTU?
Green Block Mining's Accounts Payable & Accrued Expense of $2.27 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Software company?
A good Accounts Payable & Accrued Expense depends on the Software industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Green Block Mining and its competitors. Green Block Mining's current Accounts Payable & Accrued Expense is $2.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Accounts Payable & Accrued Expense of $2.27 Mil. The current Accounts Payable & Accrued Expense is $2.27 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For Green Block Mining (LGLOF), the current Accounts Payable & Accrued Expense is $2.27 Mil as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.