ENZC (Enzolytics) Current Accrued Expense: $0.20 Mil (As of Jun. 2011)

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What is Enzolytics Current Accrued Expense?

Enzolytics ENZC -20.00% Current Accrued Expense is $0.20 Mil as of Jun. 2011.

Enzolytics's Current Accrued Expense for the quarter that ended in Jun. 2011 was $0.20 Mil.

Enzolytics's quarterly Current Accrued Expense increased from Dec. 2010 ($0.19 Mil) to Mar. 2011 ($0.19 Mil) and increased from Mar. 2011 ($0.19 Mil) to Jun. 2011 ($0.20 Mil).

Enzolytics's annual Current Accrued Expense increased from Jul. 2008 ($0.06 Mil) to Dec. 2009 ($0.35 Mil) but then declined from Dec. 2009 ($0.35 Mil) to Dec. 2010 ($0.19 Mil).

Enzolytics Current Accrued Expense Historical Data

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The historical data trend for Enzolytics'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.

Enzolytics Current Accrued Expense Chart

Enzolytics Annual Data
Trend Dec07 Jul08 Dec09 Dec10
Current Accrued Expense
0.02 0.06 0.35 0.19

Enzolytics Quarterly Data
Sep07 Dec07 Apr08 Jul08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 0.28 0.34 0.19 0.19 0.20

Enzolytics 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 $0.20 Mil mean?
Enzolytics (ENZC) has a Current Accrued Expense of $0.20 Mil as of Jun. 2011. Current Accrued Expense records the total amount of accrued expenses. View historical data on Enzolytics and its competitors.
Is Enzolytics' Current Accrued Expense too high?
Enzolytics' current Current Accrued Expense is $0.20 Mil.
How does Enzolytics' Current Accrued Expense compare to competitors?
Enzolytics' Current Accrued Expense of $0.20 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Current Accrued Expense depends on the Biotechnology 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 Enzolytics and its competitors. Enzolytics's current Current Accrued Expense is $0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enzolytics stock overvalued right now?
Enzolytics (ENZC) has a current Current Accrued Expense of $0.20 Mil. The current Current Accrued Expense is $0.20 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 Enzolytics (ENZC), the current Current Accrued Expense is $0.20 Mil as of Jun. 2011. 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.

Enzolytics Business Description

Address 1101 Raintree Circle, Suite 130, Allen, TX, USA, 75013
Enzolytics Inc is a drug development company committed to the commercialization of its proprietary proteins for the treatment of debilitating infectious diseases. The company is committed to creating drugs for the good health of mankind. ENZC's flagship compound, ITV-1, is a suspension of Inactivated Pepsin Fragment (IPF), which studies have shown is effective in the treatment of HIV. IPF is the active drug substance of ITV-1 and is a purified extract of porcine pepsin. ITV-1 has been shown to modulate the immune system. IPF is a platform technology that can be used to facilitate a broad range of applications. It is free from neurological, gastrointestinal and hematological side effects seen in the anti-retrovirals in use.