Everest Accounts Payable from 2010 to 2025

EG Stock   343.20  2.28  0.67%   
Everest's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 784.9 M this year. Accounts Payable is the amount Everest Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Everest's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1999-12-31
Previous Quarter
869 M
Current Value
979 M
Quarterly Volatility
208.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Everest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Everest's main balance sheet or income statement drivers, such as Interest Expense of 156.4 M, Total Revenue of 18.1 B or Gross Profit of 18.1 B, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0122 or PTB Ratio of 1.31. Everest financial statements analysis is a perfect complement when working with Everest Valuation or Volatility modules.
  
Check out the analysis of Everest Correlation against competitors.

Latest Everest's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Everest Group over the last few years. An accounting item on the balance sheet that represents Everest 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 Everest Group 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. Everest's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Everest'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  

Everest Accounts Payable Regression Statistics

Arithmetic Mean316,167,562
Geometric Mean210,734,104
Coefficient Of Variation78.13
Mean Deviation202,282,523
Median218,439,000
Standard Deviation247,012,184
Sample Variance61015T
Range776.1M
R-Value0.94
Mean Square Error7435.9T
R-Squared0.89
Slope48,843,184
Total Sum of Squares915225.3T

Everest Accounts Payable History

2025784.9 M
2024747.5 M
2023650 M
2022567 M
2021449.7 M
2020294.3 M
2019291.7 M

About Everest Financial Statements

Everest stakeholders use historical fundamental indicators, such as Everest's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Everest investors may analyze each financial statement separately, they are all interrelated. For example, changes in Everest's assets and liabilities are reflected in the revenues and expenses on Everest'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 Everest Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable747.5 M784.9 M

Currently Active Assets on Macroaxis

Check out the analysis of Everest Correlation against competitors.
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Is Reinsurance 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 Everest. If investors know Everest 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 Everest 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
(0.24)
Dividend Share
7.75
Earnings Share
31.82
Revenue Per Share
397.192
Quarterly Revenue Growth
0.194
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest'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 Everest's market value can be influenced by many factors that don't directly affect Everest'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 Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest'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.