ELEK (Elektros) Current Accrued Expense: $0.15 Mil (As of Nov. 2018)

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What is Elektros Current Accrued Expense?

Elektros ELEK +2.38% Current Accrued Expense is $0.15 Mil as of Nov. 2018.

Elektros's Current Accrued Expense for the quarter that ended in Nov. 2018 was $0.15 Mil.

Elektros's quarterly Current Accrued Expense declined from May. 2018 ($0.12 Mil) to Aug. 2018 ($0.11 Mil) but then increased from Aug. 2018 ($0.11 Mil) to Nov. 2018 ($0.15 Mil).

Elektros's annual Current Accrued Expense declined from May. 2016 ($0.17 Mil) to May. 2017 ($0.10 Mil) but then increased from May. 2017 ($0.10 Mil) to May. 2018 ($0.12 Mil).

Elektros Current Accrued Expense Historical Data

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The historical data trend for Elektros'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.

Elektros Current Accrued Expense Chart

Elektros Annual Data
Trend Apr12 May13 May14 May15 May16 May17 May18
Current Accrued Expense
Get a 7-Day Free Trial 0.08 0.05 0.17 0.10 0.12

Elektros Quarterly Data
Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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 0.22 0.20 0.12 0.11 0.15

Elektros 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 $0.15 Mil mean?
Elektros (ELEK) has a Current Accrued Expense of $0.15 Mil as of Nov. 2018. Current Accrued Expense records the total amount of accrued expenses. View historical data on Elektros and its competitors.
Is Elektros' Current Accrued Expense too high?
Elektros' current Current Accrued Expense is $0.15 Mil.
How does Elektros' Current Accrued Expense compare to CHRA and PGTK?
Elektros' Current Accrued Expense of $0.15 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Current Accrued Expense depends on the Vehicles & Parts 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 Elektros and its competitors. Elektros's current Current Accrued Expense is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektros stock overvalued right now?
Elektros (ELEK) has a current Current Accrued Expense of $0.15 Mil. The current Current Accrued Expense is $0.15 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 Elektros (ELEK), the current Current Accrued Expense is $0.15 Mil as of Nov. 2018. 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.

Elektros Business Description

Address 16950 North Bay Road, Suite 1803, Sunny Isles Beach, FL, USA, 33160
Elektros Inc is an American Electric Vehicle company that innovates mobility solutions for consumers and businesses.