GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Accounts Payable & Accrued Expense

SolarBank (NEOE:SUNN) Accounts Payable & Accrued Expense : C$6.05 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is SolarBank Accounts Payable & Accrued Expense?

SolarBank's quarterly accounts payable & accrued expense increased from Sep. 2023 (C$6.77 Mil) to Dec. 2023 (C$11.83 Mil) but then declined from Dec. 2023 (C$11.83 Mil) to Mar. 2024 (C$6.05 Mil).

SolarBank's annual accounts payable & accrued expense increased from . 20 (C$0.00 Mil) to Jun. 2022 (C$2.62 Mil) and increased from Jun. 2022 (C$2.62 Mil) to Jun. 2023 (C$5.74 Mil).

SolarBank Accounts Payable & Accrued Expense Historical Data

The historical data trend for SolarBank'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.

* Premium members only.

SolarBank Accounts Payable & Accrued Expense Chart

SolarBank Annual Data
Trend Jun22 Jun23
Accounts Payable & Accrued Expense
2.62 5.74

SolarBank Quarterly Data
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 3.24 5.74 6.77 11.83 6.05

SolarBank 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.

SolarBank (NEOE:SUNN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SolarBank Corp (NEOE:SUNN) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
TSX:ARR TSX:LCFS TSX:PIF TSXV:GIP TSXV:WEB TSX:SPG TSXV:UGE TSXV:WHE TSXV:GRB TSXV:RE CEG ISX:BREN WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600025 SHSE:600905 BOM:541450 SZSE:001289 XLIS:EDPR
Traded in Other Exchanges
SUUNF:USA GY2:Germany
Address
505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2
Website
https://www.solarbankcorp.com
SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.
Executives
Xiaohong Zheng Senior Officer

SolarBank (NEOE:SUNN) Headlines

No Headlines