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Magnetic North Acquisition (TSXV:MNC) Accounts Payable & Accrued Expense : C$0.94 Mil (As of Sep. 2023)


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What is Magnetic North Acquisition Accounts Payable & Accrued Expense?

Magnetic North Acquisition's quarterly accounts payable & accrued expense declined from Mar. 2023 (C$1.37 Mil) to Jun. 2023 (C$0.78 Mil) but then increased from Jun. 2023 (C$0.78 Mil) to Sep. 2023 (C$0.94 Mil).

Magnetic North Acquisition's annual accounts payable & accrued expense increased from Sep. 2020 (C$0.26 Mil) to Dec. 2021 (C$0.92 Mil) and increased from Dec. 2021 (C$0.92 Mil) to Dec. 2022 (C$1.25 Mil).


Magnetic North Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Magnetic North Acquisition'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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Magnetic North Acquisition Accounts Payable & Accrued Expense Chart

Magnetic North Acquisition Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.31 0.26 0.92 1.25

Magnetic North Acquisition Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.25 1.37 0.78 0.94

Magnetic North Acquisition 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.


Magnetic North Acquisition (TSXV:MNC) Business Description

Traded in Other Exchanges
Address
1000, 250 - 2 Street SW, Calgary, AB, CAN, T2P 0C1
Magnetic North Acquisition Corp operates as a merchant bank providing capital, management and board representation to small to mid-capitalization private companies. Its industry focus for investments include clean power technology, special situations, and consumer products, oilfield services, manufacturing and technology inclusive of software and hardware. The company is focused on creating shareholder value by providing strategic and financial advice and services to companies.

Magnetic North Acquisition (TSXV:MNC) Headlines

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