SPEC (Spectaire Holdings) Current Accrued Expense: $6.70 Mil (As of Jun. 2024)

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What is Spectaire Holdings Current Accrued Expense?

Spectaire Holdings SPEC Current Accrued Expense is $6.70 Mil as of Jun. 2024.

Spectaire Holdings's Current Accrued Expense for the quarter that ended in Jun. 2024 was $6.70 Mil.

Spectaire Holdings's quarterly Current Accrued Expense increased from Dec. 2023 ($9.65 Mil) to Mar. 2024 ($10.14 Mil) but then declined from Mar. 2024 ($10.14 Mil) to Jun. 2024 ($6.70 Mil).

Spectaire Holdings's annual Current Accrued Expense increased from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.21 Mil) and increased from Dec. 2022 ($0.21 Mil) to Dec. 2023 ($9.65 Mil).

Spectaire Holdings Current Accrued Expense Related Terms

Spectaire Holdings Current Accrued Expense Historical Data

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The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Current Accrued Expense Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Current Accrued Expense
0.01 0.21 9.65

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.00 1.27 9.65 10.14 6.70

Spectaire Holdings 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 $6.70 Mil mean?
Spectaire Holdings (SPEC) has a Current Accrued Expense of $6.70 Mil as of Jun. 2024. Current Accrued Expense records the total amount of accrued expenses. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' Current Accrued Expense too high?
Spectaire Holdings' current Current Accrued Expense is $6.70 Mil.
How does Spectaire Holdings' Current Accrued Expense compare to VLTO and FSS?
Spectaire Holdings' Current Accrued Expense of $6.70 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Current Accrued Expense depends on the Industrial Products 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 Spectaire Holdings and its competitors. Spectaire Holdings's current Current Accrued Expense is $6.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current Current Accrued Expense of $6.70 Mil. The current Current Accrued Expense is $6.70 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 Spectaire Holdings (SPEC), the current Current Accrued Expense is $6.70 Mil as of Jun. 2024. 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.