QREE (Quantum Energy) Current Accrued Expense: $-0.29 Mil (As of Sep. 2023)

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QREE Quantum Energy Inc QREE
35 GF Score
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What is Quantum Energy Current Accrued Expense?

Quantum Energy QREE 35 Current Accrued Expense is $-0.29 Mil as of Sep. 2023. GuruFocus rates QREE with a GF Score™ of 35/100.

Quantum Energy's Current Accrued Expense for the quarter that ended in Sep. 2023 was $-0.29 Mil.

Quantum Energy's quarterly Current Accrued Expense declined from Mar. 2023 ($0.34 Mil) to Jun. 2023 ($0.23 Mil) and declined from Jun. 2023 ($0.23 Mil) to Sep. 2023 ($-0.29 Mil).

Quantum Energy's annual Current Accrued Expense declined from Feb. 2021 ($0.33 Mil) to Feb. 2022 ($ Mil) but then stayed the same from Feb. 2022 ($ Mil) to Dec. 2023 ($ Mil).

Quantum Energy Current Accrued Expense Historical Data

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The historical data trend for Quantum Energy'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.

Quantum Energy Current Accrued Expense Chart

Quantum Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Dec23
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.17 0.33 - -

Quantum Energy Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Mar23 Jun23 Sep23
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 0.48 - 0.34 0.23 -0.29
QREE
35GF Score
Quantum Energy Inc QREE
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Quantum Energy 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 $-0.29 Mil mean?
Quantum Energy (QREE) has a Current Accrued Expense of $-0.29 Mil as of Sep. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on Quantum Energy and its competitors.
Is Quantum Energy's Current Accrued Expense too high?
Quantum Energy's current Current Accrued Expense is $-0.29 Mil. Overall, Quantum Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Quantum Energy's Current Accrued Expense compare to NBHC and PROV?
Quantum Energy's Current Accrued Expense of $-0.29 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Current Accrued Expense depends on the Metals & Mining 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 Quantum Energy and its competitors. Quantum Energy's current Current Accrued Expense is $-0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Energy stock overvalued right now?
Quantum Energy (QREE) has a current Current Accrued Expense of $-0.29 Mil. The current Current Accrued Expense is $-0.29 Mil. Quantum Energy's overall GF Score™ is 35/100. 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 Quantum Energy (QREE), the current Current Accrued Expense is $-0.29 Mil as of Sep. 2023. 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.

Quantum Energy Business Description

Address 3805 Rockbottom, North Las Vegas, NV, USA, 89030
Quantum Energy Inc focuses on sourcing and processing Rare Earth (RE) elements, metals, and oxides thereby supporting the current and future production demands of the transportation, communications, space, and computing industries. It processes rare earth elements, metals, and oxides. It also manufactures and distributes magnets, oxides, and alloys.
35GF Score

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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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