StealthGas Accounts Payable from 2010 to 2024

GASS Stock  USD 5.06  0.03  0.59%   
StealthGas Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 7.5 M in 2024. Accounts Payable is the amount StealthGas owes to suppliers or vendors for products or services received but not yet paid for. It represents StealthGas' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2005-06-30
Previous Quarter
9.9 M
Current Value
10.8 M
Quarterly Volatility
3.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check StealthGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among StealthGas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.4 M, Interest Expense of 11.4 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.033 or PTB Ratio of 0.57. StealthGas financial statements analysis is a perfect complement when working with StealthGas Valuation or Volatility modules.
  
Check out the analysis of StealthGas Correlation against competitors.
For more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.

Latest StealthGas' Accounts Payable Growth Pattern

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

StealthGas Accounts Payable Regression Statistics

Arithmetic Mean8,291,546
Geometric Mean7,106,504
Coefficient Of Variation32.29
Mean Deviation1,764,673
Median8,728,267
Standard Deviation2,677,128
Sample Variance7.2T
Range11.4M
R-Value0.65
Mean Square Error4.5T
R-Squared0.42
Significance0.01
Slope388,500
Total Sum of Squares100.3T

StealthGas Accounts Payable History

20247.5 M
202310 M
202211.8 M
20218.6 M
202010 M
2019M
201810.3 M

About StealthGas Financial Statements

StealthGas shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although StealthGas investors may analyze each financial statement separately, they are all interrelated. The changes in StealthGas' assets and liabilities, for example, are also reflected in the revenues and expenses on on StealthGas' 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 Payable10 M7.5 M

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Additional Tools for StealthGas Stock Analysis

When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.