LMPX (LMP Automotive Holdings) Current Accrued Expense: $5.1 Mil (As of Sep. 2021)

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LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
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What is LMP Automotive Holdings Current Accrued Expense?

LMP Automotive Holdings LMPX 18 Current Accrued Expense is $5.1 Mil as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

LMP Automotive Holdings's Current Accrued Expense for the quarter that ended in Sep. 2021 was $5.1 Mil.

LMP Automotive Holdings's quarterly Current Accrued Expense increased from Mar. 2021 ($4.0 Mil) to Jun. 2021 ($4.8 Mil) and increased from Jun. 2021 ($4.8 Mil) to Sep. 2021 ($5.1 Mil).

LMP Automotive Holdings's annual Current Accrued Expense declined from Dec. 2018 ($0.3 Mil) to Dec. 2019 ($0.2 Mil) but then increased from Dec. 2019 ($0.2 Mil) to Dec. 2020 ($1.1 Mil).

LMP Automotive Holdings Current Accrued Expense Related Terms

LMP Automotive Holdings Current Accrued Expense Historical Data

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The historical data trend for LMP Automotive Holdings'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.

LMP Automotive Holdings Current Accrued Expense Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Current Accrued Expense
0.00 0.34 0.24 1.09

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.41 1.09 4.02 4.79 5.08
LMPX
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LMP Automotive Holdings Inc LMPX
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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LMP Automotive Holdings 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 $5.1 Mil mean?
LMP Automotive Holdings (LMPX) has a Current Accrued Expense of $5.1 Mil as of Sep. 2021. Current Accrued Expense records the total amount of accrued expenses. View historical data on LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Current Accrued Expense too high?
LMP Automotive Holdings' current Current Accrued Expense is $5.1 Mil. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Current Accrued Expense compare to LOTZ and JZXN?
LMP Automotive Holdings' Current Accrued Expense of $5.1 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Current Accrued Expense depends on the Vehicles & Parts 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 LMP Automotive Holdings and its competitors. LMP Automotive Holdings's current Current Accrued Expense is $5.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Current Accrued Expense of $5.1 Mil. The current Current Accrued Expense is $5.1 Mil. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Current Accrued Expense is $5.1 Mil as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
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Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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