SSMTF (Sensible Meats) Current Accrued Expense: $0.10 Mil (As of Aug. 2024)

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What is Sensible Meats Current Accrued Expense?

Sensible Meats SSMTF Current Accrued Expense is $0.10 Mil as of Aug. 2024.

Sensible Meats's Current Accrued Expense for the quarter that ended in Aug. 2024 was $0.10 Mil.

Sensible Meats's quarterly Current Accrued Expense declined from Feb. 2024 ($0.01 Mil) to May. 2024 ($0.00 Mil) but then increased from May. 2024 ($0.00 Mil) to Aug. 2024 ($0.10 Mil).

Sensible Meats's annual Current Accrued Expense increased from Nov. 2021 ($0.02 Mil) to Nov. 2022 ($0.05 Mil) and increased from Nov. 2022 ($0.05 Mil) to Nov. 2023 ($0.06 Mil).

Sensible Meats Current Accrued Expense Historical Data

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The historical data trend for Sensible Meats'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.

Sensible Meats Current Accrued Expense Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Current Accrued Expense
0.02 0.05 0.06

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.06 0.01 0.00 0.10

Sensible Meats 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 $0.10 Mil mean?
Sensible Meats (SSMTF) has a Current Accrued Expense of $0.10 Mil as of Aug. 2024. Current Accrued Expense records the total amount of accrued expenses. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Current Accrued Expense too high?
Sensible Meats' current Current Accrued Expense is $0.10 Mil.
How does Sensible Meats' Current Accrued Expense compare to TLCC and AJYG?
Sensible Meats' Current Accrued Expense of $0.10 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Current Accrued Expense depends on the Consumer Packaged Goods 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 Sensible Meats and its competitors. Sensible Meats's current Current Accrued Expense is $0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Current Accrued Expense of $0.10 Mil. The current Current Accrued Expense is $0.10 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 Sensible Meats (SSMTF), the current Current Accrued Expense is $0.10 Mil as of Aug. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.