ACBAW (Ace Global Business Acquisition) Current Accrued Expense: $0.16 Mil (As of Dec. 2023)

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ACBAW Ace Global Business Acquisition Ltd ACBAW
23 GF Score
Price $0.02
! 4 Warning Signs
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What is Ace Global Business Acquisition Current Accrued Expense?

Ace Global Business Acquisition ACBAW 23 Current Accrued Expense is $0.16 Mil as of Dec. 2023. GuruFocus rates ACBAW with a GF Score™ of 23/100. The stock has 4 warning signs investors should review.

Ace Global Business Acquisition's Current Accrued Expense for the quarter that ended in Dec. 2023 was $0.16 Mil.

Ace Global Business Acquisition's quarterly Current Accrued Expense increased from Jun. 2023 ($0.02 Mil) to Sep. 2023 ($0.03 Mil) and increased from Sep. 2023 ($0.03 Mil) to Dec. 2023 ($0.16 Mil).

Ace Global Business Acquisition's annual Current Accrued Expense increased from Dec. 2021 ($0.02 Mil) to Dec. 2022 ($0.06 Mil) and increased from Dec. 2022 ($0.06 Mil) to Dec. 2023 ($0.16 Mil).

Ace Global Business Acquisition Current Accrued Expense Related Terms

Ace Global Business Acquisition Current Accrued Expense Historical Data

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The historical data trend for Ace Global Business Acquisition's Current 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.

Ace Global Business Acquisition Current Accrued Expense Chart

Ace Global Business Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
0.00 0.02 0.06 0.16

Ace Global Business Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.04 0.02 0.03 0.16
ACBAW
23GF Score
Ace Global Business Acquisition Ltd ACBAW
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ace Global Business Acquisition Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $0.16 Mil mean?
Ace Global Business Acquisition (ACBAW) has a Current Accrued Expense of $0.16 Mil as of Dec. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on Ace Global Business Acquisition and its competitors.
Is Ace Global Business Acquisition's Current Accrued Expense too high?
Ace Global Business Acquisition's current Current Accrued Expense is $0.16 Mil. Overall, Ace Global Business Acquisition has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Ace Global Business Acquisition's Current Accrued Expense compare to DKDCA and GDNR?
Ace Global Business Acquisition's Current Accrued Expense of $0.16 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Diversified Financial Services company?
A good Current Accrued Expense depends on the Diversified Financial Services industry context. However, Current Accrued Expense 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 Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Ace Global Business Acquisition and its competitors. Ace Global Business Acquisition's current Current Accrued Expense is $0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Global Business Acquisition stock overvalued right now?
Ace Global Business Acquisition (ACBAW) has a current Current Accrued Expense of $0.16 Mil. The current Current Accrued Expense is $0.16 Mil. Ace Global Business Acquisition's overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Ace Global Business Acquisition (ACBAW), the current Current Accrued Expense is $0.16 Mil as of Dec. 2023. 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.

Ace Global Business Acquisition Business Description

Address Tower 2, Lippo Centre, No. 89, Room. 806, 8th Floor, Queensway, Admiralty, Hong Kong, HKG
Ace Global Business Acquisition Ltd is a newly organized blank check company.
23GF Score

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