Balto Resources (TSXV:BAL.H) Accounts Payable & Accrued Expense : C$2.85 Mil (As of Dec. 2023)

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What is Balto Resources Accounts Payable & Accrued Expense?

Balto Resources's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$2.55 Mil) to Sep. 2023 (C$2.69 Mil) and increased from Sep. 2023 (C$2.69 Mil) to Dec. 2023 (C$2.85 Mil).

Balto Resources's annual accounts payable & accrued expense increased from Mar. 2021 (C$1.39 Mil) to Mar. 2022 (C$1.87 Mil) and increased from Mar. 2022 (C$1.87 Mil) to Mar. 2023 (C$2.40 Mil).

Balto Resources Accounts Payable & Accrued Expense Historical Data

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

Balto Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.77

0.96

1.39

1.87

2.40

Balto Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.26	2.40	2.55	2.69	2.85

Balto 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.

Balto Resources (TSXV:BAL.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balto Resources Ltd (TSXV:BAL.H) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

850 West Hastings Street, Suite 600, Vancouver, BC, CAN, V6C 1E1

Website

Balto Resources Ltd operates as a resource property development company. It engages in the process of exploration and evaluating its mineral property. The company holds the majority of the working interest in the SED Mineral claims that cover an area of more than 500 hectares located in the Kamloops Mining Division, British Columbia.

Balto Resources (TSXV:BAL.H) Headlines

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