ECN Capital (TSX:ECN) Accounts Payable & Accrued Expense : C$77.1 Mil (As of Dec. 2023)

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What is ECN Capital Accounts Payable & Accrued Expense?

ECN Capital's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$92.3 Mil) to Sep. 2023 (C$81.2 Mil) and declined from Sep. 2023 (C$81.2 Mil) to Dec. 2023 (C$77.1 Mil).

ECN Capital's annual accounts payable & accrued expense declined from Dec. 2021 (C$601.2 Mil) to Dec. 2022 (C$102.5 Mil) and declined from Dec. 2022 (C$102.5 Mil) to Dec. 2023 (C$77.1 Mil).

ECN Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for ECN Capital'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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ECN Capital Accounts Payable & Accrued Expense Chart

ECN Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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184.38

138.10

601.16

102.50

77.05

ECN Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															102.50	114.26	92.31	81.22	77.05

ECN Capital 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.

ECN Capital (TSX:ECN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ECN Capital Corp (TSX:ECN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ECNCF:USA 2EZ:Germany ECN.PR.C.PFD:Canada

Address

161 Bay Street, Suite 2800, Toronto, ON, CAN, M5J2S1

Website

https://www.ecncapitalcorp.com

ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance.

ECN Capital (TSX:ECN) Headlines

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