Equinox Resources (ASX:EQN) Accounts Payable & Accrued Expense : A$0.26 Mil (As of Jun. 2023)

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What is Equinox Resources Accounts Payable & Accrued Expense?

Equinox Resources's quarterly accounts payable & accrued expense declined from Jun. 2022 (A$0.04 Mil) to Dec. 2022 (A$0.00 Mil) but then increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$0.26 Mil).

Equinox Resources's annual accounts payable & accrued expense increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$0.04 Mil) and increased from Jun. 2022 (A$0.04 Mil) to Jun. 2023 (A$0.26 Mil).

Equinox Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Equinox Resources'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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Equinox Resources Accounts Payable & Accrued Expense Chart

Equinox Resources Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

0.04

0.26

Equinox Resources Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	-	0.04	-	0.26	-

Equinox Resources 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.

Equinox Resources (ASX:EQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equinox Resources Ltd (ASX:EQN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

182 St George's Terrace, Level 50, Perth, WA, AUS, 6000

Website

https://www.eqnx.com.au

Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

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