UTX (Ultratrex) Current Accrued Expense: $1.64 Mil (As of Dec. 2024)

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What is Ultratrex Current Accrued Expense?

Ultratrex UTX Current Accrued Expense is $1.64 Mil as of Dec. 2024.

Ultratrex's Current Accrued Expense for the quarter that ended in Dec. 2024 was $1.64 Mil.

Ultratrex's quarterly Current Accrued Expense increased from Dec. 2023 ($0.00 Mil) to Jun. 2024 ($0.41 Mil) and increased from Jun. 2024 ($0.41 Mil) to Dec. 2024 ($1.64 Mil).

Ultratrex's annual Current Accrued Expense increased from . 20 ($0.00 Mil) to Jun. 2023 ($0.22 Mil) and increased from Jun. 2023 ($0.22 Mil) to Jun. 2024 ($0.41 Mil).

Ultratrex Current Accrued Expense Historical Data

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The historical data trend for Ultratrex'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.

Ultratrex Current Accrued Expense Chart

Ultratrex Annual Data
Trend Jun23 Jun24
Current Accrued Expense
0.22 0.41

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Current Accrued Expense 0.22 0.00 0.41 1.64

Ultratrex 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 $1.64 Mil mean?
Ultratrex (UTX) has a Current Accrued Expense of $1.64 Mil as of Dec. 2024. Current Accrued Expense records the total amount of accrued expenses. View historical data on Ultratrex and its competitors.
Is Ultratrex's Current Accrued Expense too high?
Ultratrex's current Current Accrued Expense is $1.64 Mil.
How does Ultratrex's Current Accrued Expense compare to ?
Ultratrex's Current Accrued Expense of $1.64 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Current Accrued Expense depends on the Farm & Heavy Construction Machinery 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 Ultratrex and its competitors. Ultratrex's current Current Accrued Expense is $1.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Current Accrued Expense of $1.64 Mil. The current Current Accrued Expense is $1.64 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 Ultratrex (UTX), the current Current Accrued Expense is $1.64 Mil as of Dec. 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.

Ultratrex Business Description

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Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.