UNRG (United Energy) Current Accrued Expense: $0.28 Mil (As of Dec. 2010)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is United Energy Current Accrued Expense?

United Energy UNRG Current Accrued Expense is $0.28 Mil as of Dec. 2010.

United Energy's Current Accrued Expense for the quarter that ended in Dec. 2010 was $0.28 Mil.

United Energy's quarterly Current Accrued Expense declined from Jun. 2010 ($0.27 Mil) to Sep. 2010 ($0.27 Mil) but then increased from Sep. 2010 ($0.27 Mil) to Dec. 2010 ($0.28 Mil).

United Energy's annual Current Accrued Expense declined from Mar. 2008 ($0.11 Mil) to Mar. 2009 ($0.11 Mil) but then increased from Mar. 2009 ($0.11 Mil) to Mar. 2010 ($0.36 Mil).

United Energy Current Accrued Expense Historical Data

* Premium members only.

The historical data trend for United 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.

United Energy Current Accrued Expense Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.10 0.11 0.11 0.36

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.20 0.36 0.27 0.27 0.28

United 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 $0.28 Mil mean?
United Energy (UNRG) has a Current Accrued Expense of $0.28 Mil as of Dec. 2010. Current Accrued Expense records the total amount of accrued expenses. View historical data on United Energy and its competitors.
Is United Energy's Current Accrued Expense too high?
United Energy's current Current Accrued Expense is $0.28 Mil.
How does United Energy's Current Accrued Expense compare to GLYE?
United Energy's Current Accrued Expense of $0.28 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Current Accrued Expense depends on the Oil & Gas 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 United Energy and its competitors. United Energy's current Current Accrued Expense is $0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Energy stock overvalued right now?
United Energy (UNRG) has a current Current Accrued Expense of $0.28 Mil. The current Current Accrued Expense is $0.28 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 United Energy (UNRG), the current Current Accrued Expense is $0.28 Mil as of Dec. 2010. 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.

United Energy Business Description

Industry EnergyOil & Gas
Address 101 East Park Boulevard, 6th Floor, Suite 600, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.