EVIO (EVIO) Current Accrued Expense: $1.69 Mil (As of Jun. 2020)

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Director of Data and Quant Analytics at GuruFocus
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What is EVIO Current Accrued Expense?

EVIO EVIO -98.00% Current Accrued Expense is $1.69 Mil as of Jun. 2020.

EVIO's Current Accrued Expense for the quarter that ended in Jun. 2020 was $1.69 Mil.

EVIO's quarterly Current Accrued Expense increased from Dec. 2019 ($1.43 Mil) to Mar. 2020 ($1.52 Mil) and increased from Mar. 2020 ($1.52 Mil) to Jun. 2020 ($1.69 Mil).

EVIO's annual Current Accrued Expense increased from Sep. 2017 ($0.13 Mil) to Sep. 2018 ($0.42 Mil) and increased from Sep. 2018 ($0.42 Mil) to Sep. 2019 ($1.39 Mil).

EVIO Current Accrued Expense Historical Data

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The historical data trend for EVIO'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.

EVIO Current Accrued Expense Chart

EVIO Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19
Current Accrued Expense
0.00 0.03 0.13 0.42 1.39

EVIO Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.95 1.39 1.43 1.52 1.69

EVIO 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 $1.69 Mil mean?
EVIO (EVIO) has a Current Accrued Expense of $1.69 Mil as of Jun. 2020. Current Accrued Expense records the total amount of accrued expenses. View historical data on EVIO and its competitors.
Is EVIO's Current Accrued Expense too high?
EVIO's current Current Accrued Expense is $1.69 Mil.
How does EVIO's Current Accrued Expense compare to VCBD and ACCA?
EVIO's Current Accrued Expense of $1.69 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 EVIO and its competitors. EVIO's current Current Accrued Expense is $1.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVIO stock overvalued right now?
EVIO (EVIO) has a current Current Accrued Expense of $1.69 Mil. The current Current Accrued Expense is $1.69 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 EVIO (EVIO), the current Current Accrued Expense is $1.69 Mil as of Jun. 2020. 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.

EVIO Business Description

Address 2654 W. Horizon Ridge Drive Parkway, Suite B5-208, Henderson, NV, USA, 89052
EVIO Inc is a Colorado corporation and a diversified holding company. Its subsidiaries provide analytical testing and advisory services to the emerging legalized cannabis industry. The Company performs analytical testing for cannabis and cannabis-derived products, including hemp and CBD products. Its current operations also include pharmaceutical, environmental, stability, and analytical testing, as well as residential and commercial construction and investments, with operations in the United States and Canada.