G2 Energy (XCNQ:GTOO) Accounts Payable & Accrued Expense : C$1.12 Mil (As of Dec. 2023)

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What is G2 Energy Accounts Payable & Accrued Expense?

G2 Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$0.77 Mil) to Sep. 2023 (C$0.86 Mil) and increased from Sep. 2023 (C$0.86 Mil) to Dec. 2023 (C$1.12 Mil).

G2 Energy's annual accounts payable & accrued expense increased from Jun. 2021 (C$0.19 Mil) to Jun. 2022 (C$0.86 Mil) but then declined from Jun. 2022 (C$0.86 Mil) to Jun. 2023 (C$0.77 Mil).

G2 Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for G2 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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G2 Energy Accounts Payable & Accrued Expense Chart

G2 Energy Annual Data

Trend

Mar16

Mar17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.57

0.78

0.19

0.86

0.77

G2 Energy 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															0.94	0.72	0.77	0.86	1.12

G2 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.

G2 Energy (XCNQ:GTOO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

GTGEF:USA B4O:Germany

Address

West Hastings Street, Unit 430 - 744, Vancouver, BC, CAN, V6C 1A5

Website

https://www.g2.energy

G2 Energy Corp is a company focused on acquiring and developing overlooked, low-risk, high-return opportunities in the oil and gas sector. The company is seeking opportunities to acquire a portfolio of risk-managed production and development in the USA. G2 is also pursuing production acquisition opportunities with operating netbacks and infrastructure facilities to fast-track future production growth.

Executives

John Costigan

Director

G2 Energy (XCNQ:GTOO) Headlines

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