LNGNF (LNG Energy Group) Accounts Payable: $16.70 Mil (As of Sep. 2024)


What is LNG Energy Group Accounts Payable?

LNG Energy Group LNGNF -99.99% Accounts Payable is $16.70 Mil as of Sep. 2024.

LNG Energy Group's Accounts Payable for the quarter that ended in Sep. 2024 was $16.70 Mil.

LNG Energy Group's quarterly Accounts Payable declined from Dec. 2023 ($20.49 Mil) to Mar. 2024 ($20.08 Mil) and declined from Mar. 2024 ($20.08 Mil) to Sep. 2024 ($16.70 Mil).

LNG Energy Group's annual Accounts Payable increased from . 20 ($0.00 Mil) to May. 2022 ($1.46 Mil) but then declined from May. 2022 ($1.46 Mil) to May. 2023 ($0.19 Mil).

LNG Energy Group Accounts Payable Related Terms

LNG Energy Group Accounts Payable Historical Data

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The historical data trend for LNG Energy Group's Accounts Payable 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.

LNG Energy Group Accounts Payable Chart

LNG Energy Group Annual Data
Trend May22 May23
Accounts Payable
1.46 0.19

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Accounts Payable Get a 7-Day Free Trial 0.79 0.06 20.49 20.08 16.70

LNG Energy Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $16.70 Mil mean?
LNG Energy Group (LNGNF) has a Accounts Payable of $16.70 Mil as of Sep. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Accounts Payable too high?
LNG Energy Group's current Accounts Payable is $16.70 Mil.
How does LNG Energy Group's Accounts Payable compare to ALTX and CRCE?
LNG Energy Group's Accounts Payable of $16.70 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on LNG Energy Group and its competitors. LNG Energy Group's current Accounts Payable is $16.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Accounts Payable of $16.70 Mil. The current Accounts Payable is $16.70 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For LNG Energy Group (LNGNF), the current Accounts Payable is $16.70 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.