Electric Royalties (TSXV:ELEC) Accounts Payable & Accrued Expense : C$10.42 Mil (As of Dec. 2024)

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What is Electric Royalties Accounts Payable & Accrued Expense?

Electric Royalties's quarterly accounts payable & accrued expense increased from Jun. 2024 (C$0.41 Mil) to Sep. 2024 (C$0.42 Mil) and increased from Sep. 2024 (C$0.42 Mil) to Dec. 2024 (C$10.42 Mil).

Electric Royalties's annual accounts payable & accrued expense increased from Dec. 2022 (C$0.13 Mil) to Dec. 2023 (C$4.47 Mil) and increased from Dec. 2023 (C$4.47 Mil) to Dec. 2024 (C$10.42 Mil).

Electric Royalties Accounts Payable & Accrued Expense Historical Data

The historical data trend for Electric Royalties'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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Electric Royalties Accounts Payable & Accrued Expense Chart

Electric Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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0.12

0.34

0.13

4.47

10.42

Electric Royalties Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.47	4.66	0.41	0.42	10.42

Electric Royalties 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.

Electric Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Royalties Ltd (TSXV:ELEC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ELECF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.electricroyalties.com

Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.

Executives

Stefan Gleason	10% Security Holder, Director
Luqman Khan	Senior Officer
Globex Mining Enterprises Inc.	10% Security Holder
Craig Thomas Lindsay	Director
Brendan Yurik	Director, Senior Officer

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