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Firm Capital Mortgage Investment (TSX:FC) Accounts Payable & Accrued Expense : C$5.05 Mil (As of Mar. 2024)


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What is Firm Capital Mortgage Investment Accounts Payable & Accrued Expense?

Firm Capital Mortgage Investment's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$5.12 Mil) to Dec. 2023 (C$7.62 Mil) but then declined from Dec. 2023 (C$7.62 Mil) to Mar. 2024 (C$5.05 Mil).

Firm Capital Mortgage Investment's annual accounts payable & accrued expense increased from Dec. 2021 (C$5.25 Mil) to Dec. 2022 (C$5.89 Mil) and increased from Dec. 2022 (C$5.89 Mil) to Dec. 2023 (C$7.62 Mil).


Firm Capital Mortgage Investment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Firm Capital Mortgage Investment'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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Firm Capital Mortgage Investment Accounts Payable & Accrued Expense Chart

Firm Capital Mortgage Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 4.07 5.25 5.89 7.62

Firm Capital Mortgage Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.74 5.31 5.12 7.62 5.05

Firm Capital Mortgage Investment 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.


Firm Capital Mortgage Investment (TSX:FC) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue mainly comprises Interest and fee income and commission fees arising from Canada and United States.
Executives
Ryan Lim Senior Officer

Firm Capital Mortgage Investment (TSX:FC) Headlines

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