Granite Accounts Payable from 2010 to 2024
| GPMT Stock | USD 3.35 0.12 3.46% |
Accounts Payable | First Reported 2016-12-31 | Previous Quarter 14.3 M | Current Value 14.3 M | Quarterly Volatility 6.7 M |
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
Granite | Accounts Payable |
Latest Granite Point's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Granite Point Mortgage over the last few years. An accounting item on the balance sheet that represents Granite Point 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 Granite Point Mortgage 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. Granite Point's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Point's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Granite Accounts Payable Regression Statistics
| Arithmetic Mean | 6,528,888 | |
| Geometric Mean | 1,180,244 | |
| Coefficient Of Variation | 120.88 | |
| Mean Deviation | 6,420,532 | |
| Median | 3,119,000 | |
| Standard Deviation | 7,891,987 | |
| Sample Variance | 62.3T | |
| Range | 25M | |
| R-Value | 0.79 | |
| Mean Square Error | 25.3T | |
| R-Squared | 0.62 | |
| Significance | 0.0005 | |
| Slope | 1,393,280 | |
| Total Sum of Squares | 872T |
Granite Accounts Payable History
About Granite Point Financial Statements
Granite Point shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 16.5 M | 9.8 M |
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Additional Tools for Granite Stock Analysis
When running Granite Point's price analysis, check to measure Granite Point'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 Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.