TETOF (Tectonic Metals) Accounts Payable & Accrued Expense : $0.68 Mil (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Tectonic Metals Accounts Payable & Accrued Expense?

Tectonic Metals's quarterly accounts payable & accrued expense declined from Mar. 2024 ($0.31 Mil) to Jun. 2024 ($0.17 Mil) but then increased from Jun. 2024 ($0.17 Mil) to Sep. 2024 ($0.68 Mil).

Tectonic Metals's annual accounts payable & accrued expense increased from Dec. 2021 ($0.23 Mil) to Dec. 2022 ($0.30 Mil) and increased from Dec. 2022 ($0.30 Mil) to Dec. 2023 ($0.56 Mil).

Tectonic Metals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tectonic Metals'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.

* Premium members only.

Tectonic Metals Accounts Payable & Accrued Expense Chart

Tectonic Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

0.40

0.19

0.23

0.30

0.56

Tectonic Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.52	0.56	0.31	0.17	0.68

Tectonic Metals 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.

Tectonic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tectonic Metals Inc (OTCPK:TETOF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

T15B:Germany TECT:Canada

Address

1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5

Website

https://www.tectonicmetals.com

Tectonic Metals Inc is a mineral exploration company engaged, in the identification, acquisition and exploration of mineral properties in the State of Alaska. The company's exploration is focused on discovering and delineating gold resources. Its properties portfolio includes the Tibbs Property; the Seventymile Property; the Maple Leaf property and others.