GPFT (Grapefruit USA) Current Accrued Expense: $1.86 Mil (As of Sep. 2023)

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What is Grapefruit USA Current Accrued Expense?

Grapefruit USA GPFT +3.33% Current Accrued Expense is $1.86 Mil as of Sep. 2023.

Grapefruit USA's Current Accrued Expense for the quarter that ended in Sep. 2023 was $1.86 Mil.

Grapefruit USA's quarterly Current Accrued Expense increased from Jun. 2022 ($0.96 Mil) to Sep. 2022 ($1.16 Mil) and increased from Sep. 2022 ($1.16 Mil) to Sep. 2023 ($1.86 Mil).

Grapefruit USA's annual Current Accrued Expense increased from Dec. 2019 ($0.40 Mil) to Dec. 2020 ($0.76 Mil) and increased from Dec. 2020 ($0.76 Mil) to Dec. 2021 ($1.04 Mil).

Grapefruit USA Current Accrued Expense Historical Data

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The historical data trend for Grapefruit USA'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.

Grapefruit USA Current Accrued Expense Chart

Grapefruit USA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.37 0.40 0.76 1.04

Grapefruit USA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23
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 1.04 1.17 0.96 1.16 1.86

Grapefruit USA 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 $1.86 Mil mean?
Grapefruit USA (GPFT) has a Current Accrued Expense of $1.86 Mil as of Sep. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on Grapefruit USA and its competitors.
Is Grapefruit USA's Current Accrued Expense too high?
Grapefruit USA's current Current Accrued Expense is $1.86 Mil.
How does Grapefruit USA's Current Accrued Expense compare to KAYS and KOAN?
Grapefruit USA's Current Accrued Expense of $1.86 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 Grapefruit USA and its competitors. Grapefruit USA's current Current Accrued Expense is $1.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grapefruit USA stock overvalued right now?
Grapefruit USA (GPFT) has a current Current Accrued Expense of $1.86 Mil. The current Current Accrued Expense is $1.86 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 Grapefruit USA (GPFT), the current Current Accrued Expense is $1.86 Mil as of Sep. 2023. 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.

Grapefruit USA Business Description

Address 10850 Wilshire Boulevard, Suite 710, Los Angeles, CA, USA, 90024
Grapefruit USA Inc currently has no operations. It is actively seeking a strategic merger partner with the goal of completing a business combination.