ALID (Allied) Current Accrued Expense: $1.90 Mil (As of Nov. 2024)

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What is Allied Current Accrued Expense?

Allied ALID -99.80% Current Accrued Expense is $1.90 Mil as of Nov. 2024.

Allied's Current Accrued Expense for the quarter that ended in Nov. 2024 was $1.90 Mil.

Allied's quarterly Current Accrued Expense increased from May. 2024 ($0.00 Mil) to Aug. 2024 ($1.87 Mil) and increased from Aug. 2024 ($1.87 Mil) to Nov. 2024 ($1.90 Mil).

Allied's annual Current Accrued Expense increased from Aug. 2022 ($0.00 Mil) to Aug. 2023 ($1.57 Mil) and increased from Aug. 2023 ($1.57 Mil) to Aug. 2024 ($1.87 Mil).

Allied Current Accrued Expense Historical Data

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The historical data trend for Allied'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.

Allied Current Accrued Expense Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Current Accrued Expense
Get a 7-Day Free Trial 1.40 0.00 0.00 1.57 1.87

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.87 1.90

Allied 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 $1.90 Mil mean?
Allied (ALID) has a Current Accrued Expense of $1.90 Mil as of Nov. 2024. Current Accrued Expense records the total amount of accrued expenses. View historical data on Allied and its competitors.
Is Allied's Current Accrued Expense too high?
Allied's current Current Accrued Expense is $1.90 Mil.
How does Allied's Current Accrued Expense compare to CBDY and PLSH?
Allied's Current Accrued Expense of $1.90 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Current Accrued Expense depends on the Drug Manufacturers 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 Allied and its competitors. Allied's current Current Accrued Expense is $1.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Current Accrued Expense of $1.90 Mil. The current Current Accrued Expense is $1.90 Mil. 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 Allied (ALID), the current Current Accrued Expense is $1.90 Mil as of Nov. 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.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.