Uniti Group (LTS:0LJB) Current Accrued Expense : $57 Mil (As of Sep. 2024)

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What is Uniti Group Current Accrued Expense?

Uniti Group's Current Accrued Expense for the quarter that ended in Sep. 2024 was $57 Mil.

Uniti Group's quarterly Current Accrued Expense increased from Mar. 2024 ($52 Mil) to Jun. 2024 ($142 Mil) but then declined from Jun. 2024 ($142 Mil) to Sep. 2024 ($57 Mil).

Uniti Group's annual Current Accrued Expense increased from Dec. 2021 ($110 Mil) to Dec. 2022 ($121 Mil) and increased from Dec. 2022 ($121 Mil) to Dec. 2023 ($134 Mil).

Uniti Group Current Accrued Expense Historical Data

The historical data trend for Uniti Group'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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Uniti Group Current Accrued Expense Chart

Uniti Group Annual Data

Trend

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Current Accrued Expense

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28.80

95.34

109.83

121.32

133.68

Uniti Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Current Accrued Expense	Get a 7-Day Free Trial															50.78	133.68	51.80	142.23	56.56

Uniti Group 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.

Uniti Group Current Accrued Expense Related Terms

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Uniti Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Uniti Group Inc (LTS:0LJB) » Definitions » Current Accrued Expense

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Traded in Other Exchanges

UNIT:USA 8XC:Germany

Address

2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202

Website

https://www.uniti.com

Uniti is a REIT with about 140,000 route miles of fiber in the us, primarily in the Southeast. It has agreed to merge with Windstream, which will result in Uniti giving up its REIT status and adding a consumer telecom business line. Uniti's business currently consists exclusively of fiber leasing to enterprises. Windstream currently leases the Uniti network and makes up the bulk of Uniti's revenue and profits. The combined firm will own 217,000 route miles of fiber and pass 4.3 million households and 150,000 commercial buildings, mostly in less populated markets in the Southeast. The firm will continue to offer fiber access to enterprises, as Uniti currently does, but residential telecom services will become its largest revenue stream.

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