GLRI (Glori Energy) Current Accrued Expense: $0.93 Mil (As of Dec. 2016)

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What is Glori Energy Current Accrued Expense?

Glori Energy GLRI Current Accrued Expense is $0.93 Mil as of Dec. 2016.

Glori Energy's Current Accrued Expense for the quarter that ended in Dec. 2016 was $0.93 Mil.

Glori Energy's quarterly Current Accrued Expense declined from Jun. 2016 ($1.21 Mil) to Sep. 2016 ($1.15 Mil) and declined from Sep. 2016 ($1.15 Mil) to Dec. 2016 ($0.93 Mil).

Glori Energy's annual Current Accrued Expense increased from Mar. 2014 ($0.10 Mil) to Dec. 2015 ($1.18 Mil) but then declined from Dec. 2015 ($1.18 Mil) to Dec. 2016 ($0.93 Mil).

Glori Energy Current Accrued Expense Historical Data

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The historical data trend for Glori Energy'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.

Glori Energy Current Accrued Expense Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Current Accrued Expense
0.01 0.13 0.10 1.18 0.93

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.18 0.65 1.21 1.15 0.93

Glori Energy 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 $0.93 Mil mean?
Glori Energy (GLRI) has a Current Accrued Expense of $0.93 Mil as of Dec. 2016. Current Accrued Expense records the total amount of accrued expenses. View historical data on Glori Energy and its competitors.
Is Glori Energy's Current Accrued Expense too high?
Glori Energy's current Current Accrued Expense is $0.93 Mil.
How does Glori Energy's Current Accrued Expense compare to ALYE and FOSI?
Glori Energy's Current Accrued Expense of $0.93 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 Glori Energy and its competitors. Glori Energy's current Current Accrued Expense is $0.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glori Energy stock overvalued right now?
Glori Energy (GLRI) has a current Current Accrued Expense of $0.93 Mil. The current Current Accrued Expense is $0.93 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 Glori Energy (GLRI), the current Current Accrued Expense is $0.93 Mil as of Dec. 2016. 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.

Glori Energy Business Description

Address 957 Nasa Parkway, Suite 571, Houston, TX, USA, 77058
Glori Energy Inc is a development stage company.