OVATF (Ovation Science) Current Accrued Expense: $0.04 Mil (As of Mar. 2026)

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What is Ovation Science Current Accrued Expense?

Ovation Science OVATF +16.86% Current Accrued Expense is $0.04 Mil as of Mar. 2026. The stock has 4 warning signs investors should review.

Ovation Science's Current Accrued Expense for the quarter that ended in Mar. 2026 was $0.04 Mil.

Ovation Science's quarterly Current Accrued Expense increased from Sep. 2025 ($0.02 Mil) to Dec. 2025 ($0.03 Mil) and increased from Dec. 2025 ($0.03 Mil) to Mar. 2026 ($0.04 Mil).

Ovation Science's annual Current Accrued Expense declined from Dec. 2023 ($0.01 Mil) to Dec. 2024 ($0.00 Mil) but then increased from Dec. 2024 ($0.00 Mil) to Dec. 2025 ($0.03 Mil).

Ovation Science Current Accrued Expense Historical Data

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The historical data trend for Ovation Science'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.

Ovation Science Current Accrued Expense Chart

Ovation Science Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only 0.03 0.02 0.01 0.00 0.03

Ovation Science Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.02 0.03 0.04

Ovation Science 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 $0.04 Mil mean?
Ovation Science (OVATF) has a Current Accrued Expense of $0.04 Mil as of Mar. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Ovation Science and its competitors.
Is Ovation Science's Current Accrued Expense too high?
Ovation Science's current Current Accrued Expense is $0.04 Mil.
How does Ovation Science's Current Accrued Expense compare to ZTS and UTHR?
Ovation Science's Current Accrued Expense of $0.04 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Current Accrued Expense depends on the Drug Manufacturers 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 Ovation Science and its competitors. Ovation Science's current Current Accrued Expense is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovation Science stock overvalued right now?
Based on GuruFocus' analysis, Ovation Science (OVATF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.04 — trading 36.3% above its estimated fair value. The current Current Accrued Expense is $0.04 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 Ovation Science (OVATF), the current Current Accrued Expense is $0.04 Mil as of Mar. 2026. 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.

Ovation Science Business Description

Other Exchanges OVAT:Canada
Address 1166 Alberni Street, Suite 1003, Vancouver, BC, CAN, V6E 3Z3
Ovation Science Inc. is a Canada-based company mainly engaged in the business of providing topical and transdermal cannabis products under the Ovation brand label, utilizing patented Invisicare delivery technology. The Company operates in one reportable operating segment, the sub-licensing and sales of cannabis products that utilize Invisicare, a patented polymer-based technology for topical and transdermal skin care products.