IXOG (Index Oil & Gas) Current Accrued Expense: $0.98 Mil (As of Mar. 2009)

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What is Index Oil & Gas Current Accrued Expense?

Index Oil & Gas IXOG -99.86% Current Accrued Expense is $0.98 Mil as of Mar. 2009.

Index Oil & Gas's Current Accrued Expense for the quarter that ended in Mar. 2009 was $0.98 Mil.

Index Oil & Gas's quarterly Current Accrued Expense declined from Sep. 2008 ($0.17 Mil) to Dec. 2008 ($0.10 Mil) but then increased from Dec. 2008 ($0.10 Mil) to Mar. 2009 ($0.98 Mil).

Index Oil & Gas's annual Current Accrued Expense stayed the same from Mar. 2007 ($0.00 Mil) to Mar. 2008 ($0.00 Mil) but then increased from Mar. 2008 ($0.00 Mil) to Mar. 2009 ($0.98 Mil).

Index Oil & Gas Current Accrued Expense Historical Data

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The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Current Accrued Expense Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Current Accrued Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.98

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.00 0.10 0.17 0.10 0.98

Index Oil & Gas 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 $0.98 Mil mean?
Index Oil & Gas (IXOG) has a Current Accrued Expense of $0.98 Mil as of Mar. 2009. Current Accrued Expense records the total amount of accrued expenses. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Current Accrued Expense too high?
Index Oil & Gas' current Current Accrued Expense is $0.98 Mil.
How does Index Oil & Gas' Current Accrued Expense compare to FPPP and UNGS?
Index Oil & Gas' Current Accrued Expense of $0.98 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Current Accrued Expense depends on the Oil & Gas 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 Index Oil & Gas and its competitors. Index Oil & Gas's current Current Accrued Expense is $0.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Current Accrued Expense of $0.98 Mil. The current Current Accrued Expense is $0.98 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 Index Oil & Gas (IXOG), the current Current Accrued Expense is $0.98 Mil as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.