Simba Essel Energy (Simba Essel Energy) Accounts Payable & Accrued Expense : $2.10 Mil (As of Mar. 2019)

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What is Simba Essel Energy Accounts Payable & Accrued Expense?

Simba Essel Energy's quarterly accounts payable & accrued expense declined from Sep. 2018 ($2.01 Mil) to Dec. 2018 ($1.99 Mil) but then increased from Dec. 2018 ($1.99 Mil) to Mar. 2019 ($2.10 Mil).

Simba Essel Energy's annual accounts payable & accrued expense declined from Jun. 2016 ($2.03 Mil) to Jun. 2017 ($1.53 Mil) but then increased from Jun. 2017 ($1.53 Mil) to Jun. 2018 ($1.97 Mil).

Simba Essel Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Simba Essel Energy'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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Simba Essel Energy Accounts Payable & Accrued Expense Chart

Simba Essel Energy Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Accounts Payable & Accrued Expense

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1.72

2.05

2.03

1.53

1.97

Simba Essel Energy Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.08	1.97	2.01	1.99	2.10

Simba Essel Energy 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.

Simba Essel Energy (Simba Essel Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Simba Essel Energy Inc (OTCPK:SMBZF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

905 West Pender Street, Suite 210, Vancouver, BC, CAN, V6C 1L6

Website

http://www.simbaenergy.ca

Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.

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