IGEN (iGen Networks) Current Accrued Expense: $0.37 Mil (As of Sep. 2023)

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What is iGen Networks Current Accrued Expense?

iGen Networks IGEN -99.00% Current Accrued Expense is $0.37 Mil as of Sep. 2023.

iGen Networks's Current Accrued Expense for the quarter that ended in Sep. 2023 was $0.37 Mil.

iGen Networks's quarterly Current Accrued Expense declined from Mar. 2023 ($0.36 Mil) to Jun. 2023 ($0.33 Mil) but then increased from Jun. 2023 ($0.33 Mil) to Sep. 2023 ($0.37 Mil).

iGen Networks's annual Current Accrued Expense declined from Dec. 2020 ($0.04 Mil) to Dec. 2021 ($0.01 Mil) but then increased from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.05 Mil).

iGen Networks Current Accrued Expense Historical Data

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The historical data trend for iGen Networks'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.

iGen Networks Current Accrued Expense Chart

iGen Networks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.06 0.04 0.01 0.05

iGen Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.38 0.05 0.36 0.33 0.37

iGen Networks 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 $0.37 Mil mean?
iGen Networks (IGEN) has a Current Accrued Expense of $0.37 Mil as of Sep. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on iGen Networks and its competitors.
Is iGen Networks' Current Accrued Expense too high?
iGen Networks' current Current Accrued Expense is $0.37 Mil.
How does iGen Networks' Current Accrued Expense compare to TWOHD and ABQQ?
iGen Networks' Current Accrued Expense of $0.37 Mil can be compared against companies in the Software 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 Software company?
A good Current Accrued Expense depends on the Software 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 iGen Networks and its competitors. iGen Networks's current Current Accrued Expense is $0.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iGen Networks stock overvalued right now?
iGen Networks (IGEN) has a current Current Accrued Expense of $0.37 Mil. The current Current Accrued Expense is $0.37 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 iGen Networks (IGEN), the current Current Accrued Expense is $0.37 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.

iGen Networks Business Description

Address 31772 Casino Drive, Suite C, Lake Elsinore, CA, USA, 92530
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.