Amaroq Minerals (TSXV:AMRQ) Accounts Payable & Accrued Expense : C$7.26 Mil (As of Mar. 2024)

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What is Amaroq Minerals Accounts Payable & Accrued Expense?

Amaroq Minerals's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$2.74 Mil) to Dec. 2023 (C$6.27 Mil) and increased from Dec. 2023 (C$6.27 Mil) to Mar. 2024 (C$7.26 Mil).

Amaroq Minerals's annual accounts payable & accrued expense declined from Dec. 2021 (C$2.05 Mil) to Dec. 2022 (C$1.14 Mil) but then increased from Dec. 2022 (C$1.14 Mil) to Dec. 2023 (C$6.27 Mil).

Amaroq Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for Amaroq Minerals'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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Amaroq Minerals Accounts Payable & Accrued Expense Chart

Amaroq Minerals Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.47

0.83

2.05

1.14

6.27

Amaroq Minerals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.02	2.90	2.74	6.27	7.26

Amaroq Minerals 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.

Amaroq Minerals (TSXV:AMRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amaroq Minerals Ltd (TSXV:AMRQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AMRQ:Iceland AMRQ:UK 72Q:Germany

Address

3400 One First Canadian Place, PO Box 130, Toronto, ON, CAN, M5X 1A4

Website

https://www.amaroqminerals.com

Amaroq Minerals Ltd Is an exploration company with a focus on locating high-grade gold deposits in Greenland. The company owns seven licenses in South Greenland covering an area of 4,090 km, which are highly prospective for gold and other strategic minerals.

Executives

Eldur Olafsson

Director, Director or Senior Officer of 10% Security Holder, Senior Officer

Amaroq Minerals (TSXV:AMRQ) Headlines

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