ARMOUR Accounts Payable from 2010 to 2024

ARR Stock  USD 18.92  0.14  0.75%   
ARMOUR Residential Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to drop to about 25.8 M. Accounts Payable is the amount ARMOUR Residential REIT owes to suppliers or vendors for products or services received but not yet paid for. It represents ARMOUR Residential's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2007-12-31
Previous Quarter
47.2 M
Current Value
40.6 M
Quarterly Volatility
149 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ARMOUR Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ARMOUR Residential's main balance sheet or income statement drivers, such as Interest Expense of 552.1 M, Selling General Administrative of 4.2 M or Operating Income of 467 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.29 or PTB Ratio of 0.62. ARMOUR financial statements analysis is a perfect complement when working with ARMOUR Residential Valuation or Volatility modules.
  
Check out the analysis of ARMOUR Residential Correlation against competitors.

Latest ARMOUR Residential's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of ARMOUR Residential REIT over the last few years. An accounting item on the balance sheet that represents ARMOUR Residential 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 ARMOUR Residential REIT 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. ARMOUR Residential's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ARMOUR Residential's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

ARMOUR Accounts Payable Regression Statistics

Arithmetic Mean25,948,349
Geometric Mean12,311,515
Coefficient Of Variation110.64
Mean Deviation16,518,546
Median23,661,000
Standard Deviation28,709,386
Sample Variance824.2T
Range120.5M
R-Value(0.21)
Mean Square Error846.9T
R-Squared0.05
Significance0.44
Slope(1,375,359)
Total Sum of Squares11539.2T

ARMOUR Accounts Payable History

202425.8 M
202338.3 M
202228.9 M
2021M
20204.2 M
201935.5 M
201813.9 M

About ARMOUR Residential Financial Statements

ARMOUR Residential shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although ARMOUR Residential investors may analyze each financial statement separately, they are all interrelated. The changes in ARMOUR Residential's assets and liabilities, for example, are also reflected in the revenues and expenses on on ARMOUR Residential's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable38.3 M25.8 M

Pair Trading with ARMOUR Residential

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ARMOUR Residential position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ARMOUR Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with ARMOUR Stock

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Moving against ARMOUR Stock

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The ability to find closely correlated positions to ARMOUR Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARMOUR Residential when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ARMOUR Residential - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ARMOUR Residential REIT to buy it.
The correlation of ARMOUR Residential is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ARMOUR Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARMOUR Residential REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ARMOUR Residential can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ARMOUR Stock Analysis

When running ARMOUR Residential's price analysis, check to measure ARMOUR Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ARMOUR Residential is operating at the current time. Most of ARMOUR Residential's value examination focuses on studying past and present price action to predict the probability of ARMOUR Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARMOUR Residential's price. Additionally, you may evaluate how the addition of ARMOUR Residential to your portfolios can decrease your overall portfolio volatility.