Rubellite Energy (TSX:RBY) Accounts Payable & Accrued Expense : C$33.93 Mil (As of Dec. 2023)

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What is Rubellite Energy Accounts Payable & Accrued Expense?

Rubellite Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$16.39 Mil) to Sep. 2023 (C$18.53 Mil) and increased from Sep. 2023 (C$18.53 Mil) to Dec. 2023 (C$33.93 Mil).

Rubellite Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$17.00 Mil) to Dec. 2022 (C$28.05 Mil) and increased from Dec. 2022 (C$28.05 Mil) to Dec. 2023 (C$33.93 Mil).

Rubellite Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rubellite 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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Rubellite Energy Accounts Payable & Accrued Expense Chart

Rubellite Energy Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

17.00

28.05

33.93

Rubellite Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					28.05	20.70	16.39	18.53	33.93

Rubellite 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.

Rubellite Energy (TSX:RBY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Inc (TSX:RBY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RUBLF:USA 6L0:Germany

Address

605 5 Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

https://www.rubelliteenergy.com

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

Executives

Ryan Goosen	Senior Officer
Jeff Green	Senior Officer
Tamara Macdonald	Director
Susan Riddell Rose	10% Security Holder, Director, Senior Officer
Ryan Shay	Director, Senior Officer
Bruce Shultz	Director

Rubellite Energy (TSX:RBY) Headlines

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