Rigel Resource Acquisition (Rigel Resource Acquisition) Accounts Payable & Accrued Expense : $1.01 Mil (As of Mar. 2024)

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What is Rigel Resource Acquisition Accounts Payable & Accrued Expense?

Rigel Resource Acquisition's quarterly accounts payable & accrued expense increased from Sep. 2023 ($1.07 Mil) to Dec. 2023 ($1.09 Mil) but then declined from Dec. 2023 ($1.09 Mil) to Mar. 2024 ($1.01 Mil).

Rigel Resource Acquisition's annual accounts payable & accrued expense declined from Dec. 2021 ($1.98 Mil) to Dec. 2022 ($0.90 Mil) but then increased from Dec. 2022 ($0.90 Mil) to Dec. 2023 ($1.09 Mil).

Rigel Resource Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rigel Resource Acquisition'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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Rigel Resource Acquisition Accounts Payable & Accrued Expense Chart

Rigel Resource Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.98

0.90

1.09

Rigel Resource Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.87	0.94	1.07	1.09	1.01

Rigel Resource Acquisition 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.

Rigel Resource Acquisition (Rigel Resource Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rigel Resource Acquisition Corp (NYSE:RRAC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1045 Avenue of the Americas, 7 Bryant Park, Floor 25, New York, NY, USA, 10018

Website

http://www.rigelacquisition.com

Rigel Resource Acquisition Corp is a blank check company.

Executives

Rigel Resource Acquisition Holding Llc	10 percent owner	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Jeff Feeley	officer: Chief Financial Officer	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Nathaniel Abebe	director, officer: President	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Jonathan Lamb	director, officer: Chief Executive Officer	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Peter O'hagan	director	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Timothy Keating	director	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Kelvin Dushinsky	director	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Christine Coignard	director	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Oskar Lewnowski	director, 10 percent owner	C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018

Rigel Resource Acquisition (Rigel Resource Acquisition) Headlines

From GuruFocus

Rigel Resource Acquisition Corp. Announces Non-Binding Letter of Intent to Acquire Metals Company

By Business Wire • 07-26-2023