Atlantic Accounts Payable from 2010 to 2024

AAME Stock  USD 1.50  0.03  1.96%   
Atlantic American's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 19.8 M. Accounts Payable is the amount Atlantic American owes to suppliers or vendors for products or services received but not yet paid for. It represents Atlantic American's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1992-03-31
Previous Quarter
21.4 M
Current Value
22.3 M
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Atlantic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atlantic American's main balance sheet or income statement drivers, such as Interest Expense of 2.4 M, Total Revenue of 160.7 M or Gross Profit of 160.7 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0123 or PTB Ratio of 0.86. Atlantic financial statements analysis is a perfect complement when working with Atlantic American Valuation or Volatility modules.
  
Check out the analysis of Atlantic American Correlation against competitors.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.

Latest Atlantic American's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Atlantic American over the last few years. An accounting item on the balance sheet that represents Atlantic American obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Atlantic American are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Atlantic American's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Atlantic American's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Atlantic Accounts Payable Regression Statistics

Arithmetic Mean20,033,828
Geometric Mean19,323,668
Coefficient Of Variation26.65
Mean Deviation4,631,517
Median20,116,000
Standard Deviation5,338,184
Sample Variance28.5T
Range15M
R-Value0.59
Mean Square Error19.8T
R-Squared0.35
Significance0.02
Slope709,461
Total Sum of Squares398.9T

Atlantic Accounts Payable History

202419.8 M
202324.8 M
202226.5 M
202125.5 M
202026.4 M
201923.6 M
201820.1 M

About Atlantic American Financial Statements

Atlantic American stakeholders use historical fundamental indicators, such as Atlantic American's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Atlantic American investors may analyze each financial statement separately, they are all interrelated. For example, changes in Atlantic American's assets and liabilities are reflected in the revenues and expenses on Atlantic American's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Atlantic American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable24.8 M19.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Atlantic American is a strong investment it is important to analyze Atlantic American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlantic American's future performance. For an informed investment choice regarding Atlantic Stock, refer to the following important reports:
Check out the analysis of Atlantic American Correlation against competitors.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlantic American. If investors know Atlantic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlantic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
(0.36)
Revenue Per Share
9.117
Quarterly Revenue Growth
(0.03)
Return On Assets
(0)
The market value of Atlantic American is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic American's value that differs from its market value or its book value, called intrinsic value, which is Atlantic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlantic American's market value can be influenced by many factors that don't directly affect Atlantic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlantic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.