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Shoal Point Energy (Shoal Point Energy) Accounts Payable & Accrued Expense : $0.45 Mil (As of Oct. 2023)


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What is Shoal Point Energy Accounts Payable & Accrued Expense?

Shoal Point Energy's quarterly accounts payable & accrued expense increased from Apr. 2023 ($0.29 Mil) to Jul. 2023 ($0.46 Mil) but then declined from Jul. 2023 ($0.46 Mil) to Oct. 2023 ($0.45 Mil).

Shoal Point Energy's annual accounts payable & accrued expense increased from Jan. 2021 ($0.06 Mil) to Jan. 2022 ($0.14 Mil) and increased from Jan. 2022 ($0.14 Mil) to Jan. 2023 ($0.35 Mil).


Shoal Point Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shoal Point Energy's Accounts Payable & 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.

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Shoal Point Energy Accounts Payable & Accrued Expense Chart

Shoal Point Energy Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.29 0.06 0.14 0.35

Shoal Point Energy Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Accounts Payable & 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 0.22 0.35 0.29 0.46 0.45

Shoal Point Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Shoal Point Energy (Shoal Point Energy) Business Description

Industry
Traded in Other Exchanges
Address
700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Shoal Point Energy Ltd is a petroleum exploration and development company. It is in the exploration stage of exploring its oil and natural gas properties. It entered into a farm-in agreement with Shelby Resources LLC to explore and develop Mount Evans oil and gas prospects in Kansas.

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