Northern Shield Resources (TSXV:NRN) Accounts Payable & Accrued Expense : C$0.71 Mil (As of Dec. 2023)

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What is Northern Shield Resources Accounts Payable & Accrued Expense?

Northern Shield Resources's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$0.53 Mil) to Sep. 2023 (C$0.52 Mil) but then increased from Sep. 2023 (C$0.52 Mil) to Dec. 2023 (C$0.71 Mil).

Northern Shield Resources's annual accounts payable & accrued expense increased from Dec. 2021 (C$0.31 Mil) to Dec. 2022 (C$0.45 Mil) and increased from Dec. 2022 (C$0.45 Mil) to Dec. 2023 (C$0.71 Mil).

Northern Shield Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Northern Shield Resources'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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Northern Shield Resources Accounts Payable & Accrued Expense Chart

Northern Shield Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.15

0.30

0.31

0.45

0.71

Northern Shield Resources 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															0.45	0.50	0.53	0.52	0.71

Northern Shield Resources 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.

Northern Shield Resources (TSXV:NRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Shield Resources Inc (TSXV:NRN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NSHRF:USA N9SA:Germany

Address

150 Elgin Street, 10th Floor, Ottawa, ON, CAN, K2P 1L4

Website

http://www.northern-shield.com

Northern Shield Resources Inc is a mineral exploration company engaged in the business of identifying, acquiring, and exploring mineral properties. Its principal projects include Huckleberry property and Idefix property. It also holds an interest in Root and Cellar, Shot Rock, Five Islands properties.

Executives

Russell Montgomery Richards

Director

Northern Shield Resources (TSXV:NRN) Headlines

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