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Umbrella Global Energy (XMAD:UMB) Accounts Payable & Accrued Expense : €9.04 Mil (As of Dec. 2023)


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What is Umbrella Global Energy Accounts Payable & Accrued Expense?

Umbrella Global Energy's quarterly accounts payable & accrued expense declined from Dec. 2022 (€12.07 Mil) to Jun. 2023 (€8.53 Mil) but then increased from Jun. 2023 (€8.53 Mil) to Dec. 2023 (€9.04 Mil).

Umbrella Global Energy's annual accounts payable & accrued expense increased from Dec. 2021 (€6.24 Mil) to Dec. 2022 (€12.07 Mil) but then declined from Dec. 2022 (€12.07 Mil) to Dec. 2023 (€9.04 Mil).


Umbrella Global Energy Accounts Payable & Accrued Expense Historical Data

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

Umbrella Global Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
2.41 1.98 6.24 12.07 9.04

Umbrella Global Energy Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 6.24 - 12.07 8.53 9.04

Umbrella Global 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.


Umbrella Global Energy Business Description

Traded in Other Exchanges
N/A
Address
Plaza de America 2, 4th Floor, Gate AB, Valencia, ESP, 46004
Umbrella Global Energy SA, formerly Umbrella Solar Investment SA is a company with a focus on photovoltaics. The business activity encompasses the entire value chain of the photovoltaic sector, from the initial stage of project design, financing, comprehensive construction, operation and maintenance through to the active management of the energy generated in photovoltaic plants.

Umbrella Global Energy Headlines

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