RCAR (RenovaCare) Current Accrued Expense: $0.30 Mil (As of Sep. 2022)

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What is RenovaCare Current Accrued Expense?

RenovaCare RCAR -99.00% Current Accrued Expense is $0.30 Mil as of Sep. 2022.

RenovaCare's Current Accrued Expense for the quarter that ended in Sep. 2022 was $0.30 Mil.

RenovaCare's quarterly Current Accrued Expense increased from Mar. 2022 ($1.18 Mil) to Jun. 2022 ($1.29 Mil) but then declined from Jun. 2022 ($1.29 Mil) to Sep. 2022 ($0.30 Mil).

RenovaCare's annual Current Accrued Expense increased from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($0.29 Mil) and increased from Dec. 2020 ($0.29 Mil) to Dec. 2021 ($0.99 Mil).

RenovaCare Current Accrued Expense Historical Data

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The historical data trend for RenovaCare'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.

RenovaCare Current Accrued Expense Chart

RenovaCare Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.17 0.00 0.29 0.99

RenovaCare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.67 0.99 1.18 1.29 0.30

RenovaCare 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 $0.30 Mil mean?
RenovaCare (RCAR) has a Current Accrued Expense of $0.30 Mil as of Sep. 2022. Current Accrued Expense records the total amount of accrued expenses. View historical data on RenovaCare and its competitors.
Is RenovaCare's Current Accrued Expense too high?
RenovaCare's current Current Accrued Expense is $0.30 Mil.
How does RenovaCare's Current Accrued Expense compare to ONCSQ and STAB?
RenovaCare's Current Accrued Expense of $0.30 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Current Accrued Expense depends on the Biotechnology 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 RenovaCare and its competitors. RenovaCare's current Current Accrued Expense is $0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RenovaCare stock overvalued right now?
RenovaCare (RCAR) has a current Current Accrued Expense of $0.30 Mil. The current Current Accrued Expense is $0.30 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 RenovaCare (RCAR), the current Current Accrued Expense is $0.30 Mil as of Sep. 2022. 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.

RenovaCare Business Description

Address 9375 East Shea Boulvard, Suite 107-A, Scottsdale, AZ, USA, 85260
RenovaCare Inc is a biotechnology company focusing on the acquisition, research, development and commercialization of autologous cellular therapies that can be used for medical and aesthetic applications. The company's initial products under development target skin. It offers treatment methodology for cell isolation for the regeneration of human skin cells, along with a medical-grade liquid spraying device and associated equipment (the SkinGun). RenovaCare is evaluating the efficacy and potential of SkinGun, in combination with a cell isolation method, in the treatment of tissue that has been subject to severe trauma. Geographically all the activities are functioned through the region of United States.