Twin Butte Energy Accounts Payable

Twin Butte Energy posts a accounts payable of $0 as of June 2016. That compares with $49M in the prior-year period — down 100.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Twin Butte Energy's accounts payable was $49M. The latest reading is $0 — a 100.0% year-over-year decrease (period ending June 2016). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Twin Butte Energy's financial statement story. At $0, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TBTEF's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Twin Butte Energy's other metric pages and overview cover the third.

Judging Twin Butte Energy against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in accounts payable easier to interpret. Start with $0 here, then scan peer and history charts to see if the gap is persistent.