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Mynaric AG (LTS:0AR9) Current Accrued Expense : €9.47 Mil (As of Dec. 2023)


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What is Mynaric AG Current Accrued Expense?

Mynaric AG's Current Accrued Expense for the quarter that ended in Dec. 2023 was €9.47 Mil.

Mynaric AG's quarterly Current Accrued Expense declined from Dec. 2022 (€5.50 Mil) to Jun. 2023 (€0.78 Mil) but then increased from Jun. 2023 (€0.78 Mil) to Dec. 2023 (€9.47 Mil).

Mynaric AG's annual Current Accrued Expense increased from Dec. 2021 (€4.02 Mil) to Dec. 2022 (€5.50 Mil) and increased from Dec. 2022 (€5.50 Mil) to Dec. 2023 (€9.47 Mil).


Mynaric AG Current Accrued Expense Historical Data

The historical data trend for Mynaric AG'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.

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Mynaric AG Current Accrued Expense Chart

Mynaric AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Accrued Expense
Get a 7-Day Free Trial - 3.42 4.02 5.50 9.47

Mynaric AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.02 - 5.50 0.78 9.47

Mynaric AG 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.


Mynaric AG Current Accrued Expense Related Terms

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Mynaric AG Business Description

Industry
Traded in Other Exchanges
Address
Bertha-Kipfmuller-Strasse 2-8, Munich, BY, DEU, 81249
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.

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