LOGL (Legend Oil & Gas) Accounts Payable & Accrued Expense: $0.94 Mil (As of Dec. 2016)

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What is Legend Oil & Gas Accounts Payable & Accrued Expense?

Legend Oil & Gas LOGL -90.00% Accounts Payable & Accrued Expense is $0.94 Mil as of Dec. 2016.

Legend Oil & Gas's quarterly accounts payable & accrued expense increased from Jun. 2016 ($0.81 Mil) to Sep. 2016 ($0.90 Mil) and increased from Sep. 2016 ($0.90 Mil) to Dec. 2016 ($0.94 Mil).

Legend Oil & Gas's annual accounts payable & accrued expense increased from Dec. 2014 ($0.68 Mil) to Dec. 2015 ($1.18 Mil) but then declined from Dec. 2015 ($1.18 Mil) to Dec. 2016 ($0.94 Mil).

Legend Oil & Gas Accounts Payable & Accrued Expense Historical Data

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The historical data trend for Legend Oil & Gas'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.

Legend Oil & Gas Accounts Payable & Accrued Expense Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 0.25 0.68 1.18 0.94

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.18 0.85 0.81 0.90 0.94

Legend Oil & Gas 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 $0.94 Mil mean?
Legend Oil & Gas (LOGL) has a Accounts Payable & Accrued Expense of $0.94 Mil as of Dec. 2016. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Accounts Payable & Accrued Expense too high?
Legend Oil & Gas' current Accounts Payable & Accrued Expense is $0.94 Mil.
How does Legend Oil & Gas' Accounts Payable & Accrued Expense compare to ARSLF and PTRDF?
Legend Oil & Gas' Accounts Payable & Accrued Expense of $0.94 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Accounts Payable & Accrued Expense depends on the Oil & Gas 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 Legend Oil & Gas and its competitors. Legend Oil & Gas's current Accounts Payable & Accrued Expense is $0.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Accounts Payable & Accrued Expense of $0.94 Mil. The current Accounts Payable & Accrued Expense is $0.94 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 Legend Oil & Gas (LOGL), the current Accounts Payable & Accrued Expense is $0.94 Mil as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.