NET Accounts Payable from 2010 to 2024

NPWR Stock   9.91  0.08  0.80%   
NET Power Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to drop to about 538.8 K. Accounts Payable is the amount NET Power owes to suppliers or vendors for products or services received but not yet paid for. It represents NET Power's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
617 K
Current Value
538.8 K
Quarterly Volatility
123.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NET Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NET Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.4 M, Selling General Administrative of 20.3 M or Selling And Marketing Expenses of 2.8 M, as well as many indicators such as Price To Sales Ratio of 2.5 K, Dividend Yield of 0.0 or PTB Ratio of 0.92. NET financial statements analysis is a perfect complement when working with NET Power Valuation or Volatility modules.
  
Check out the analysis of NET Power Correlation against competitors.
To learn how to invest in NET Stock, please use our How to Invest in NET Power guide.

Latest NET Power's Accounts Payable Growth Pattern

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

NET Accounts Payable Regression Statistics

Arithmetic Mean581,216
Geometric Mean555,578
Coefficient Of Variation21.23
Mean Deviation64,588
Median622,000
Standard Deviation123,366
Sample Variance15.2B
Range478.6K
R-Value(0.36)
Mean Square Error14.3B
R-Squared0.13
Significance0.19
Slope(9,827)
Total Sum of Squares213.1B

NET Accounts Payable History

2024538.8 K
2023617 K
2022577 K
2021143.4 K

About NET Power Financial Statements

NET Power shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although NET Power investors may analyze each financial statement separately, they are all interrelated. The changes in NET Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on NET Power'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 Payable617 K538.8 K

Pair Trading with NET Power

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 NET Power 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 NET Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with NET Stock

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  0.88HI HillenbrandPairCorr
  0.66IR Ingersoll RandPairCorr

Moving against NET Stock

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The ability to find closely correlated positions to NET Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NET Power 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 NET Power - 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 NET Power to buy it.
The correlation of NET Power 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 NET Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NET Power 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 NET Power 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 NET Stock Analysis

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